NYSE:VLTO

Veralto (VLTO) Stock Price, News & Analysis

$96.69
-0.04 (-0.04%)
(As of 11:45 AM ET)
Today's Range
$96.43
$97.46
50-Day Range
$86.36
$97.27
52-Week Range
$65.51
$97.46
Volume
452,636 shs
Average Volume
1.57 million shs
Market Capitalization
$23.87 billion
P/E Ratio
N/A
Dividend Yield
0.37%
Price Target
$95.18

Veralto MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
1.6% Downside
$95.18 Price Target
Short Interest
Healthy
0.72% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.38mentions of Veralto in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$795,366 Sold Last Quarter
Proj. Earnings Growth
6.29%
From $3.34 to $3.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.32 out of 5 stars

Business Services Sector

194th out of 312 stocks

Instruments To Measure Electricity Industry

7th out of 10 stocks

VLTO stock logo

About Veralto Stock (NYSE:VLTO)

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions. The PQI segment offers inline printing solutions for products and packaging with marking and coding systems; marking and coding for packaged goods and related consumables; design software and imaging systems for the creation of new packaging designs; color management solutions for printed packages and consumer and industrial products; color standard services for the design industry; and a software solution that provides digital asset management, marketing resource management, and product information management. This segment sells its products and services through the Videojet, Linx, Esko, X-Rite, and Pantone brands to regulated industries, including municipal utilities, food and beverage, pharmaceutical, and industrials. The company was formerly known as DH EAS Holding Corp. and changed its name to Veralto Corporation in February 2023. Veralto Corporation was incorporated in 2022 and is headquartered in Waltham, Massachusetts.

VLTO Stock Price History

VLTO Stock News Headlines

Veralto Co. (NYSE:VLTO) SVP Sells $752,315.96 in Stock
The ONE AI Stock to own now. (It’s not Nvidia.)
Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …
Goldman Sachs Keeps Their Buy Rating on Veralto Corporation (VLTO)
The ONE AI Stock to own now. (It’s not Nvidia.)
Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …
Decoding Veralto Corp (VLTO): A Strategic SWOT Insight
Veralto: Q1 Earnings Snapshot
Veralto Reports First Quarter 2024 Results
Forecasting The Future: 7 Analyst Projections For Veralto
Veralto declares $0.09 dividend
Veralto Announces Quarterly Dividend
3 Long-Term Winners from Charles Schwab's Top Picks
Veralto Corporation: A Strong Buy on Robust Growth and Solid Financials
7 Analysts Assess Veralto: What You Need To Know
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
3/27/2024
Last Earnings
4/23/2024
Dividend Payable
4/30/2024
Today
5/09/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
N/A
Fax
N/A
Employees
16,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$95.18
High Stock Price Target
$108.00
Low Stock Price Target
$79.00
Potential Upside/Downside
-1.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$839 million
Pretax Margin
27.82%

Debt

Sales & Book Value

Annual Sales
$5.02 billion
Cash Flow
$3.58 per share
Book Value
$5.64 per share

Miscellaneous

Free Float
246,082,000
Market Cap
$23.88 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Ms. Jennifer L. Honeycutt (Age 54)
    President, CEO & Director
    Comp: $2.91M
  • Mr. Sameer Ralhan (Age 50)
    Senior VP & CFO
    Comp: $2.67M
  • Ms. Sylvia Ann Stein J.D. (Age 57)
    Senior VP & Chief Legal Officer
    Comp: $1.54M
  • Mr. Mattias Byström (Age 50)
    Senior Vice President of Product Quality & Innovation
    Comp: $1.52M
  • Ms. Melissa AquinoMs. Melissa Aquino (Age 52)
    Senior Vice President of Water Quality
    Comp: $2.1M
  • Mr. Bernard M. Skeete (Age 50)
    VP & Chief Accounting Officer
  • Mr. Paxton McVoy
    Senior VP & Chief Information Officer
  • Mr. Vaneet Malhotra
    Senior Vice President of Corporate Development
  • Ms. Lesley Beneteau (Age 51)
    Senior Vice President of Human Resources
  • Ms. Surekha Trivedi (Age 48)
    Senior Vice President of Strategy & Sustainability

VLTO Stock Analysis - Frequently Asked Questions

Should I buy or sell Veralto stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veralto in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VLTO shares.
View VLTO analyst ratings
or view top-rated stocks.

What is Veralto's stock price target for 2024?

12 brokers have issued 12-month price objectives for Veralto's shares. Their VLTO share price targets range from $79.00 to $108.00. On average, they expect the company's stock price to reach $95.18 in the next year. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for VLTO
or view top-rated stocks among Wall Street analysts.

How have VLTO shares performed in 2024?

Veralto's stock was trading at $82.26 at the beginning of the year. Since then, VLTO shares have increased by 17.6% and is now trading at $96.73.
View the best growth stocks for 2024 here
.

Are investors shorting Veralto?

Veralto saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,710,000 shares, an increase of 24.8% from the March 31st total of 1,370,000 shares. Based on an average daily trading volume, of 1,670,000 shares, the short-interest ratio is presently 1.0 days. Approximately 0.7% of the company's stock are short sold.
View Veralto's Short Interest
.

When is Veralto's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our VLTO earnings forecast
.

How were Veralto's earnings last quarter?

Veralto Co. (NYSE:VLTO) announced its quarterly earnings results on Tuesday, April, 23rd. The company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.08. The firm earned $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Veralto's quarterly revenue was up 1.7% compared to the same quarter last year.

How often does Veralto pay dividends? What is the dividend yield for Veralto?

Veralto declared a quarterly dividend on Friday, March 8th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.09 per share on Tuesday, April 30th. This represents a $0.36 annualized dividend and a dividend yield of 0.37%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for VLTO
.

Is Veralto a good dividend stock?

Veralto (NYSE:VLTO) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.38%.
Read our dividend analysis for VLTO.

What guidance has Veralto issued on next quarter's earnings?

Veralto updated its second quarter 2024 earnings guidance on Tuesday, April, 23rd. The company provided EPS guidance of 0.750-0.800 for the period, compared to the consensus EPS estimate of 0.800. The company issued revenue guidance of -.

Who are Veralto's major shareholders?

Veralto's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (1.61%), Robeco Schweiz AG (0.65%), Mitsubishi UFJ Asset Management Co. Ltd. (0.42%), Swiss National Bank (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.25%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.22%). Insiders that own company stock include Mattias Bystrom and Melissa Aquino.
View institutional ownership trends
.

How do I buy shares of Veralto?

Shares of VLTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VLTO) was last updated on 5/9/2024 by MarketBeat.com Staff

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