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Veralto (VLTO) Stock Forecast & Price Target

Veralto logo
$107.96 -0.52 (-0.48%)
(As of 11/26/2024 ET)

Veralto - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
7
Buy
5

Based on 12 Wall Street analysts who have issued ratings for Veralto in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 7 have given a hold rating, and 5 have given a buy rating for VLTO.

Consensus Price Target

$108.27
0.29% Upside
According to the 12 analysts' twelve-month price targets for Veralto, the average price target is $108.27. The highest price target for VLTO is $119.00, while the lowest price target for VLTO is $90.00. The average price target represents a forecasted upside of 0.29% from the current price of $107.96.
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VLTO Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
7 Buy rating(s)
2 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$108.27$108.27$104.46$87.40
Forecasted Upside0.29% Upside4.11% Upside-6.57% Downside19.20% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Hold

VLTO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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VLTO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Veralto Stock vs. The Competition

TypeVeraltoBusiness Services CompaniesS&P 500
Consensus Rating Score
2.42
2.68
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside0.29% Upside322.10% Upside6.71% Upside
News Sentiment Rating
Very Positive News

See Recent VLTO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/25/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$108.00 ➝ $111.00+6.51%
10/16/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetBuy ➝ Buy$117.00 ➝ $119.00+4.96%
9/30/2024BMO Capital Markets
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$117.00 ➝ $119.00+7.00%
8/13/2024UBS Group
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D. Karas
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Initiated CoverageNeutral$118.00+10.81%
7/30/2024TD Cowen
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J. Giordano
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Boost TargetHold ➝ Hold$95.00 ➝ $100.00-5.55%
7/29/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$104.00 ➝ $116.00+9.54%
7/29/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$100.00 ➝ $109.00+3.37%
7/29/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$98.00 ➝ $112.00+6.80%
4/8/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$89.00 ➝ $94.00+7.13%
3/12/2024BNP Paribas
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 Initiated CoverageOutperform$103.00+16.04%
1/9/2024Argus
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 Initiated CoverageBuy$90.00+16.11%
12/13/2023Wolfe Research
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 Initiated CoveragePeer Perform
10/16/2023Vertical Research
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 UpgradeHold ➝ Buy$82.00+13.48%
10/3/2023Melius
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 Initiated CoverageBuy$108.00+1,080,000,000.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:30 AM ET.


Should I Buy Veralto Stock? VLTO Pros and Cons Explained

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, November 25, 2024. Please send any questions or comments about these Veralto pros and cons to contact@marketbeat.com.

Veralto
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Veralto Co.:

  • Veralto Co. recently reported a quarterly earnings per share (EPS) of $0.89, exceeding analysts' expectations of $0.85, indicating strong financial performance and effective management.
  • The company has a robust return on equity (ROE) of 52.85%, suggesting that it is highly efficient in generating profits from its equity investments.
  • With a current stock price of $102.68, Veralto Co. is positioned well within its 52-week range, which has seen a low of $70.06 and a high of $115.00, indicating potential for growth.
  • Recent institutional investments, such as Mirae Asset Global Investments increasing its stake by 29.2%, reflect confidence in the company's future prospects and stability.
  • Veralto Co. has declared a quarterly dividend of $0.09 per share, translating to an annualized yield of 0.35%, which can provide a steady income stream for investors.

Veralto
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Veralto Co. for these reasons:

  • The stock has experienced volatility, with a recent trading volume of 1,098,880 shares, which is below its average volume of 1,533,582, indicating potential liquidity concerns.
  • Veralto Co. has a relatively high debt-to-equity ratio of 1.35, which may suggest that the company is relying more on debt to finance its operations, potentially increasing financial risk.
  • Insider selling has been notable, with senior vice president Surekha Trivedi selling 752 shares recently, which could signal a lack of confidence in the company's short-term performance.
  • Despite recent positive earnings, the stock's price-to-earnings (P/E) ratio of 31.75 is relatively high, which may indicate that the stock is overvalued compared to its earnings potential.
  • Analysts have mixed ratings, with some maintaining a "hold" rating, suggesting that there may not be strong upward momentum in the stock price in the near term.

VLTO Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Veralto is $108.27, with a high forecast of $119.00 and a low forecast of $90.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veralto in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VLTO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VLTO, but not buy additional shares or sell existing shares.

According to analysts, Veralto's stock has a predicted upside of 0.29% based on their 12-month stock forecasts.

Veralto has been rated by research analysts at BMO Capital Markets, Royal Bank of Canada, and Stifel Nicolaus in the past 90 days.

Analysts like Veralto less than other "business services" companies. The consensus rating for Veralto is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how VLTO compares to other companies.


This page (NYSE:VLTO) was last updated on 11/27/2024 by MarketBeat.com Staff
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