NYSE:VLTO Veralto (VLTO) Stock Price, News & Analysis $108.72 -1.13 (-1.03%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$108.08▼$110.7650-Day Range$94.35▼$112.4352-Week Range$65.51▼$112.77Volume2.04 million shsAverage Volume1.54 million shsMarket Capitalization$26.87 billionP/E Ratio29.38Dividend Yield0.33%Price Target$104.46 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Veralto alerts: Email Address Veralto MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside3.9% Downside$104.46 Price TargetShort InterestHealthy1.04% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.01Based on 12 Articles This WeekInsider TradingSelling Shares$2.77 M Sold Last QuarterProj. Earnings Growth5.80%From $3.45 to $3.65 Per ShareSee Full Details Hide Full Details 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.2.84 out of 5 starsBusiness Services Sector150th out of 303 stocksInstruments To Measure Electricity Industry6th out of 9 stocks 2.3 Analyst's Opinion Consensus RatingVeralto has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageVeralto has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Veralto's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.04% of the float of Veralto has been sold short.Short Interest Ratio / Days to CoverVeralto has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veralto has recently increased by 19.32%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldVeralto has a dividend yield of 0.32%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthVeralto does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Veralto is 9.73%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Veralto will have a dividend payout ratio of 9.86% next year. This indicates that Veralto will be able to sustain or increase its dividend.Read more about Veralto's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VLTO. Previous Next 2.8 News and Social Media Coverage News SentimentVeralto has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Veralto this week, compared to 6 articles on an average week.Search InterestOnly 3 people have searched for VLTO on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Veralto to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veralto insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,772,707.00 in company stock.Percentage Held by InsidersOnly 0.31% of the stock of Veralto is held by insiders.Percentage Held by Institutions91.28% of the stock of Veralto is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Veralto's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Veralto are expected to grow by 5.80% in the coming year, from $3.45 to $3.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veralto is 29.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Veralto is 29.38, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 40.33.Price to Earnings Growth RatioVeralto has a PEG Ratio of 4.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVeralto has a P/B Ratio of 16.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Veralto's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsNASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...Click here to learn more >>> 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.Read More VLTO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VLTO Stock News HeadlinesSeptember 6 at 6:36 AM | insidertrades.comSurekha Trivedi Sells 753 Shares of Veralto Co. (NYSE:VLTO) StockSeptember 5 at 7:07 AM | insidertrades.comVeralto Co. (NYSE:VLTO) SVP Surekha Trivedi Sells 753 SharesSeptember 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...September 4 at 4:02 AM | insidertrades.comVeralto Co. (NYSE:VLTO) CEO Sells $1,477,128.18 in StockAugust 28, 2024 | insidertrades.comSurekha Trivedi Sells 7,399 Shares of Veralto Co. (NYSE:VLTO) StockSeptember 5 at 4:57 AM | americanbankingnews.comJennifer Honeycutt Sells 13,191 Shares of Veralto Co. (NYSE:VLTO) StockSeptember 3, 2024 | americanbankingnews.comAnalysts Set Veralto Co. (NYSE:VLTO) Target Price at $104.46August 28, 2024 | americanbankingnews.comInsider Selling: Veralto Co. (NYSE:VLTO) SVP Sells $813,890.00 in StockSeptember 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...August 14, 2024 | msn.comUBS Initiates Coverage of Veralto (VLTO) with Neutral RecommendationAugust 13, 2024 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Veralto Corporation (VLTO), Ballard Power Systems (BLDP) and Air Canada (OtherACDVF)July 31, 2024 | investing.comVeralto shares target raised, rating held on strong market recoveryJuly 31, 2024 | finance.yahoo.comEarnings Beat: Veralto Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsJuly 28, 2024 | msn.comVeralto Corporation (NYSE:VLTO) Q2 2024 Earnings Call TranscriptJuly 26, 2024 | seekingalpha.comVeralto Corporation (VLTO) Q2 2024 Earnings Call TranscriptJuly 26, 2024 | seekingalpha.comVeralto Corporation 2024 Q2 - Results - Earnings Call PresentationJuly 26, 2024 | markets.businessinsider.comStrong Q2 Performance and Strategic Acquisitions Underpin Buy Rating for Veralto CorporationJuly 26, 2024 | markets.businessinsider.comTD Cowen Keeps Their Hold Rating on Veralto Corporation (VLTO)See More Headlines Receive VLTO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veralto and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/31 Dividend6/28/2024Last Earnings7/25/2024Dividend Payable7/31/2024Today9/07/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Instruments to measure electricity Sub-IndustryMeasuring And Control Equipment Current SymbolNYSE:VLTO CUSIPN/A CIK1967680 Webwww.veralto.com Phone781-755-3655FaxN/AEmployees16,000Year FoundedN/APrice Target and Rating Average Stock Price Target$104.46 High Stock Price Target$118.00 Low Stock Price Target$82.00 Potential Upside/Downside-3.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$3.70 Trailing P/E Ratio29.38 Forward P/E Ratio31.51 P/E Growth4.61Net Income$839 million Net Margins15.60% Pretax Margin20.66% Return on Equity58.82% Return on Assets14.64% Debt Debt-to-Equity Ratio1.56 Current Ratio1.96 Quick Ratio1.70 Sales & Book Value Annual Sales$5.02 billion Price / Sales5.35 Cash Flow$3.48 per share Price / Cash Flow31.24 Book Value$6.77 per share Price / Book16.06Miscellaneous Outstanding Shares247,110,000Free Float246,082,000Market Cap$26.87 billion OptionableOptionable BetaN/A 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMs. Jennifer L. Honeycutt (Age 54)President, CEO & Director Comp: $2.91MMr. Sameer Ralhan (Age 50)Senior VP & CFO Comp: $2.67MMs. Sylvia Ann Stein J.D. (Age 57)Senior VP & Chief Legal Officer Comp: $1.54MMr. Mattias Byström (Age 50)Senior Vice President of Product Quality & Innovation Comp: $1.52MMs. Melissa Aquino (Age 52)Senior Vice President of Water Quality Comp: $2.1MMr. Bernard M. Skeete (Age 50)VP & Chief Accounting Officer Mr. Paxton McVoySenior VP & Chief Information OfficerMr. Vaneet MalhotraSenior Vice President of Corporate DevelopmentMs. Lesley Beneteau (Age 51)Senior Vice President of Human Resources Ms. Surekha Trivedi (Age 48)Senior Vice President of Strategy & Sustainability More ExecutivesKey CompetitorsTrane TechnologiesNYSE:TTKeysight TechnologiesNYSE:KEYSFortiveNYSE:FTVTeradyneNASDAQ:TERAvantorNYSE:AVTRView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 19,044 shares on 9/5/2024Ownership: 0.008%Surekha TrivediSold 753 sharesTotal: $83,658.30 ($111.10/share)Jennifer HoneycuttSold 13,191 sharesTotal: $1.48 M ($111.98/share)Clearbridge Investments LLCBought 24,246 shares on 8/27/2024Ownership: 0.605%New Century Financial Group LLCBought 2,454 shares on 8/27/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Veralto Stock? VLTO Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Veralto Co.: Veralto's stock price has been consistently increasing, reaching $105.10 on the latest trading day, showing positive momentum. Recent analyst ratings have been favorable, with a consensus target price of $102.92, indicating potential for further growth. Veralto reported earnings per share of $0.85 for the latest quarter, surpassing analyst estimates by $0.05, demonstrating strong financial performance. The company has a healthy return on equity of 62.93%, indicating efficient utilization of shareholder funds. Veralto's revenue for the latest quarter was $1.29 billion, slightly exceeding analyst expectations, showcasing solid business operations. Cons Investors should be bearish about investing in Veralto Co. for these reasons: Despite positive performance, Veralto's stock price has already reached a high of $107.86, potentially limiting short-term upside. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 19, 2024. Please send any questions or comments about these Veralto pros and cons to contact@marketbeat.com. VLTO Stock Analysis - Frequently Asked Questions How have VLTO shares performed this year? Veralto's stock was trading at $82.26 on January 1st, 2024. Since then, VLTO stock has increased by 32.2% and is now trading at $108.72. View the best growth stocks for 2024 here. How were Veralto's earnings last quarter? Veralto Co. (NYSE:VLTO) released its quarterly earnings results on Thursday, July, 25th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.05. Veralto's quarterly revenue was up 2.8% compared to the same quarter last year. Who are Veralto's major shareholders? Veralto's top institutional investors include Impax Asset Management Group plc (1.78%), Bank of New York Mellon Corp (1.69%), Swedbank AB (1.14%) and Massachusetts Financial Services Co. MA (0.77%). Insiders that own company stock include Jennifer Honeycutt, Mattias Bystrom, Melissa Aquino and Surekha Trivedi. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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