) has lately implemented various corporate strategies to gain a
greater pie in the market. The company has also been successfully
expanding its operations through contract wins, acquisitions and
Recently, Xylem added e-HM - a stainless steel,
energy-efficient pump under the Goulds Water Technology brand.
The pump, expected to be 30% more efficient than other available
variants, will be used for commercial and industrial
The e-HM pump is 20% thicker compared with other available
pumps, which makes it sturdier and increases its useful life. The
pump will be utilized in diverse applications including water
treatment, food and beverage, industrial refrigeration,
industrial washing and cleaning and original equipment
manufacturers' custom applications. The pump is currently
available in two designs, six models and modular construction
with an option for customization.
In August, Xylem unveiled an extension of its WEDECO
disinfection systems. The new WEDECO ultraviolet disinfection
solutions are specifically developed for the tank-based
aquaculture industry. The new closed-vessel WEDECO BX and Quadron
series ultraviolet systems have been designed for countering
disease-causing agents like fish pathogens. The system can also
be used in saltwater as its duplex stainless steel container is
resistant to corrosion.
Despite all these initiatives, Xylem has been performing below
expectations, with negative earnings surprise for the past two
quarters. However, we expect the company to perform better in the
coming quarters with new product launches. Xylem is expected to
report third-quarter 2013 results on Oct 29. The Zacks Consensus
Estimate for the upcoming quarter is pegged at 36 cents.
Xylem currently carries a Zacks Rank #2 (Buy). Other stocks in
the industry worth reckoning include
Manitex International, Inc.
The Babcock & Wilcox Company
The Middleby Corporation
). While Manitex International carries a Zacks Rank #1 (Strong
Buy), Babcock & Wilcox and Middleby carry a Zacks Rank
BABCOCK&WILCOX (BWC): Free Stock Analysis
MIDDLEBY CORP (MIDD): Free Stock Analysis
MANITEX INT INC (MNTX): Free Stock Analysis
XYLEM INC (XYL): Free Stock Analysis Report
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