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Veralto Corporation (VLTO)
NYSE:VLTO
Veralto Corporation (VLTO) Stock Price & Analysis
76 Followers
VLTO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.37 - $99.37
Previous Close$98.6
Volume1.32M
Average Volume (3M)1.63M
Market Cap
$24.34B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)30.5
Beta0.87
Next Earnings
Oct 23, 2024EPS EstimateN/A
Last Dividend Ex-Date
Mar 27, 2024Dividend Yield0.09%
Share Statistics
EPS (TTM)3.23
Shares Outstanding246,846,767
10 Day Avg. Volume1,277,533
30 Day Avg. Volume1,630,232
Standard Deviation0.11
R-Squared0.37
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$98.88Price Target Upside0.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Veralto Corporation News
PremiumPress Releases
Veralto Reports First Quarter 2024 Results
Bulls Say, Bears Say
Bulls Say
Business ModelThe company's 'razor/razor blade' business model generates about 60% of recurring sales through consumables, spares, and services, contributing to industry-leading margins.
Financial StrategyVLTO has significant free cash flow that will enable it to use mergers and acquisitions to supplement its growth.
Market LeadershipVeralto has a strong presence in the water treatment market, owning more than 20% of the worldwide market share.
Bears Say
Earnings ForecastEstimates are well-calibrated, leaving less room for positive revisions.
Insider ActivityInsider-transaction volume has been low, impacted by the holidays and the upcoming earnings season.
ValuationShares are near fair value and there is difficulty identifying near-term positive catalysts.
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Ownership Overview
0.19% Insiders
26.41% Mutual Funds
48.58% Other Institutional Investors
24.81% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VLTO FAQ
What was Veralto Corporation’s price range in the past 12 months?
Veralto Corporation lowest stock price was $65.37 and its highest was $99.37 in the past 12 months.
What is Veralto Corporation’s market cap?
Currently, no data Available
When is Veralto Corporation’s upcoming earnings report date?
Veralto Corporation’s upcoming earnings report date is Oct 23, 2024 which is in 157 days.
How were Veralto Corporation’s earnings last quarter?
Veralto Corporation released its earnings results on Apr 23, 2024. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.764 by $0.076.
Is Veralto Corporation overvalued?
According to Wall Street analysts Veralto Corporation’s price is currently Undervalued.
Does Veralto Corporation pay dividends?
Veralto Corporation pays a Annually dividend of $0.09 which represents an annual dividend yield of 0.09%. See more information on Veralto Corporation dividends here
What is Veralto Corporation’s EPS estimate?
Veralto Corporation’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Veralto Corporation have?
Veralto Corporation has 246,846,770 shares outstanding.
What happened to Veralto Corporation’s price movement after its last earnings report?
Veralto Corporation reported an EPS of $0.84 in its last earnings report, beating expectations of $0.764. Following the earnings report the stock price went down -1.408%.
Which hedge fund is a major shareholder of Veralto Corporation?
Among the largest hedge funds holding Veralto Corporation’s share is Gates Capital Management, Inc.. It holds Veralto Corporation’s shares valued at 134M.
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Veralto Corporation Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$98.88 (0.28% Upside)
$98.88 (0.28% Upside)
Blogger Sentiment
Bullish
VLTO Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 5.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $795.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.4%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
33.08%
Trailing 12-Months
Asset Growth
17.81%
Trailing 12-Months
Company Description
Veralto Corporation
Veralto Corporation provides water supply services. The company offers water treatment solutions that sources water to the consumers and back into the water cycle. It also provides printers, instruments, software, services, and consumables for color and appearance management, packaging design and quality management, packaging converting, printing, marking and coding, and traceability applications to food and beverage, consumer packaged goods, pharmaceutical, and industrial products. Veralto Corporation was formerly known as DH EAS Holding Corp. and changed its name to Veralto Corporation on February 22, 2023. The company was incorporated in 2022 and is based in Waltham, Massachusetts. Veralto Corporation operates as a subsidiary of Danaher Corporation.
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VLTO Company Deck
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VLTO Earnings Call
Q1 2024
0:00 / 0:00
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VLTO Revenue Breakdown
60.53% Water Quality
39.47% Product Quality & Innovation
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VLTO Stock 12 Month Forecast
Average Price Target
$98.88
▲(0.28% Upside)
Technical Analysis
Best Analysts Covering VLTO
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+21.22%
reiterated a buy rating 25 days ago
Copying Nathan Jones's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +21.22% per trade.
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