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Veralto Corporation (VLTO)
NYSE:VLTO
Veralto Corporation (VLTO) Stock Price & Analysis
112 Followers
VLTO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.31 - $102.49
Previous Close$98.76
Volume1.09M
Average Volume (3M)1.71M
Market Cap
$24.38B
Enterprise Value$26.25B
Total Cash (Recent Filing)$762.00M
Total Debt (Recent Filing)$2.63B
Price to Earnings (P/E)30.5
Beta0.89
Next Earnings
Jul 25, 2024EPS Estimate
$0.8Last Dividend Ex-Date
Jun 28, 2024Dividend Yield0.27%
Share Statistics
EPS (TTM)3.23
Shares Outstanding246,846,767
10 Day Avg. Volume1,215,091
30 Day Avg. Volume1,708,874
Standard Deviation0.10
R-Squared0.38
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)4.86
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit9.05
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$99.33Price Target Upside1.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Veralto Corporation News
PremiumCompany Announcements
Vijay Sankaran Joins Veralto Corporation’s Expanded Board
PremiumPress Releases
Veralto Announces Quarterly DividendBulls 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
31.94% Mutual Funds
25.27% Other Institutional Investors
42.59% 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 $65.31 and its highest was $102.48 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 Jul 25, 2024 which is in 4 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 0.27%. See more information on Veralto Corporation dividends here
What is Veralto Corporation’s EPS estimate?
Veralto Corporation’s EPS estimate is $0.8.
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 -1.41%.
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 158M.
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Veralto Corporation Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$99.33 (1.35% Upside)
$99.33 (1.35% Upside)
Blogger Sentiment
Bullish
VLTO Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $782.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 13.7%
Last 30 Days ▲ 16.7%
Last 30 Days ▲ 16.7%
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
$99.33
▲(1.35% Upside)
Technical Analysis
Best Analysts Covering VLTO
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+21.52%
reiterated a buy rating 3 months 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 +21.52% per trade.
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