Positive News SentimentPositive NewsNYSE:VLTO Veralto (VLTO) Stock Price, News & Analysis → Nvidia is now part of $3 Trillion Market Cap Club (From Weiss Ratings) (Ad) Free VLTO Stock Alerts $101.13 +0.94 (+0.94%) (As of 06/12/2024 ET) Add Compare Share Share Today's Range$99.61▼$101.4650-Day Range$86.66▼$102.1952-Week Range$65.51▼$102.58Volume833,421 shsAverage Volume1.57 million shsMarket Capitalization$24.96 billionP/E RatioN/ADividend Yield0.36%Price Target$95.18 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Veralto alerts: Email Address Veralto MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside5.9% Downside$95.18 Price TargetShort InterestHealthy0.94% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.73Based on 7 Articles This WeekInsider TradingSelling Shares$782,631 Sold Last QuarterProj. Earnings Growth6.29%From $3.34 to $3.55 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.1.68 out of 5 starsBusiness Services Sector218th out of 305 stocksInstruments To Measure Electricity Industry8th out of 10 stocks 2.3 Analyst's Opinion Consensus RatingVeralto has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageVeralto has been the subject of 5 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 Shorted0.94% of the float of Veralto has been sold short.Short Interest Ratio / Days to CoverVeralto has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veralto has recently increased by 13.85%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldVeralto has a dividend yield of 0.36%, 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 SustainabilityBased on earnings estimates, Veralto will have a dividend payout ratio of 10.14% 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 3.2 News and Social Media Coverage News SentimentVeralto has a news sentiment score of 1.73. 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 0.96 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Veralto this week, compared to 5 articles on an average week.Search InterestOnly 9 people have searched for VLTO on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Veralto to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% 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 $782,631.00 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Veralto are expected to grow by 6.29% in the coming year, from $3.34 to $3.55 per share.Price to Earnings Growth RatioVeralto has a PEG Ratio of 4.58. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVeralto has a P/B Ratio of 17.93. 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 Weiss RatingsNvidia is now part of $3 Trillion Market Cap ClubA small handful of Nvidia’s partners could see their own stocks surge upwards. They’re virtually unknown right now, but that won’t be the case much longer.Click here to find out who they are today. 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 HeadlinesMay 25, 2024 | insidertrades.comMattias Bystrom Sells 302 Shares of Veralto Co. (NYSE:VLTO) StockMay 22, 2024 | prnewswire.comVeralto Announces Quarterly DividendMay 21, 2024 | prnewswire.comVeralto to Participate in the Wolfe Research 17th Annual Global Transportation and Industrials ConferenceMay 1, 2024 | forbes.comThe Forgotten Stock Advice That Delivers 170%+ Payout GrowthApril 26, 2024 | finance.yahoo.comVeralto Corporation (NYSE:VLTO) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearApril 25, 2024 | investing.comVeralto gains on earnings beat, lifts full-year outlookApril 25, 2024 | markets.businessinsider.comGoldman Sachs Keeps Their Buy Rating on Veralto Corporation (VLTO)April 25, 2024 | msn.comVeralto Corporation (NYSE:VLTO) Q1 2024 Earnings Call TranscriptApril 25, 2024 | finance.yahoo.comVeralto Corp (VLTO) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics and ...April 25, 2024 | finance.yahoo.comDecoding Veralto Corp (VLTO): A Strategic SWOT InsightApril 24, 2024 | finance.yahoo.comVeralto Corp (VLTO) Q1 Earnings: Aligns with Analyst ProjectionsApril 23, 2024 | investorplace.comVLTO Stock Earnings: Veralto Beats EPS, Beats Revenue for Q1 2024April 23, 2024 | sfgate.comVeralto: Q1 Earnings SnapshotApril 23, 2024 | prnewswire.comVeralto Reports First Quarter 2024 ResultsApril 17, 2024 | markets.businessinsider.comForecasting The Future: 7 Analyst Projections For VeraltoApril 3, 2024 | prnewswire.comVeralto Schedules First Quarter 2024 Earnings CallMarch 24, 2024 | investorplace.comHedge Funds Are Fleeing Tech: 7 Stocks They're Buying InsteadMarch 22, 2024 | markets.businessinsider.comBuy Rating Affirmed for Veralto Corporation on Strong Market Leadership and Recurring Revenue ModelMarch 20, 2024 | finance.yahoo.comVeralto Corporation (NYSE:VLTO) Delivered A Better ROE Than Its IndustryMarch 8, 2024 | msn.comVeralto declares $0.09 dividendMarch 8, 2024 | prnewswire.comVeralto Announces Quarterly DividendFebruary 27, 2024 | msn.comDanaher's Spun-Off Company Veralto Is "Next High-Quality Serial Compounder" - AnalystFebruary 27, 2024 | investorplace.com3 Long-Term Winners from Charles Schwab's Top PicksFebruary 27, 2024 | msn.comBMO Capital Initiates Coverage of Veralto (VLTO) with Outperform RecommendationFebruary 27, 2024 | markets.businessinsider.comVeralto Corporation: A Strong Buy on Robust Growth and Solid FinancialsSee 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 4/30 Dividend3/27/2024Last Earnings4/23/2024Dividend Payable4/30/2024Today6/13/2024Ex-Dividend for 7/31 Dividend6/28/2024Next Earnings (Estimated)7/23/2024Dividend Payable7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Instruments to measure electricity Sub-IndustryN/A Current SymbolNYSE:VLTO CUSIPN/A CIK1967680 Webwww.veralto.com Phone781-755-3655FaxN/AEmployees16,000Year FoundedN/APrice Target and Rating Average Stock Price Target$95.18 High Stock Price Target$108.00 Low Stock Price Target$79.00 Potential Upside/Downside-5.9%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E Ratio30.28 P/E Growth4.58Net Income$839 million Net MarginsN/A Pretax Margin27.82% Return on Equity33.82% Return on Assets11.42% Debt Debt-to-Equity Ratio1.76 Current Ratio1.83 Quick Ratio1.56 Sales & Book Value Annual Sales$5.04 billion Price / Sales4.95 Cash Flow$3.59 per share Price / Cash Flow28.14 Book Value$5.64 per share Price / Book17.93Miscellaneous Outstanding Shares246,847,000Free Float246,082,000Market Cap$24.96 billion OptionableOptionable BetaN/A 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 CompetitorsTeradyneNASDAQ:TERItronNASDAQ:ITRICohuNASDAQ:COHUTranscatNASDAQ:TRNSAllientNASDAQ:ALNTView All CompetitorsInsiders & InstitutionsEverSource Wealth Advisors LLCBought 633 shares on 6/11/2024Ownership: 0.000%Railway Pension Investments LtdBought 157,000 shares on 6/7/2024Ownership: 0.130%DekaBank Deutsche GirozentraleBought 86,749 shares on 6/4/2024Ownership: 0.330%Cambridge Trust Co.Sold 618 shares on 5/30/2024Ownership: 0.007%Teachers Retirement System of The State of KentuckySold 902 shares on 5/28/2024Ownership: 0.007%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 Co. reported strong earnings per share (EPS) for the quarter, beating the consensus estimate, indicating a positive financial performance. The company had revenue growth compared to the same quarter last year, showcasing potential for business expansion and profitability. Veralto Co. announced a quarterly dividend, providing investors with a steady income stream, which can be attractive for income-oriented investors. The company operates in the water analytics and treatment sector, which is essential for various industries and has a stable demand, offering long-term growth potential. Considering the current stock price and dividend yield, Veralto Co. presents a favorable investment opportunity for value investors seeking undervalued stocks with income potential. Cons Investors should be bearish about investing in Veralto Co. for these reasons: Despite the positive financial performance, Veralto Co. may face challenges in maintaining consistent growth in a competitive market environment. The industry Veralto Co. operates in may be subject to regulatory changes or technological disruptions, impacting the company's operations and profitability. Market volatility and economic uncertainties could affect Veralto Co.'s stock price, leading to potential short-term fluctuations in investment returns. Investors should carefully assess the company's debt levels and financial leverage to understand the risks associated with Veralto Co.'s capital structure. While the dividend yield is attractive, investors should consider the sustainability of dividend payments and the company's ability to generate sufficient cash flow for future dividends. 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 Saturday, June 8, 2024. Please send any questions or comments about these Veralto pros and cons to contact@marketbeat.com. VLTO Stock Analysis - Frequently Asked Questions Should I buy or sell Veralto stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veralto in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 12-month price objectives for Veralto's stock. Their VLTO share price targets range from $79.00 to $108.00. On average, they predict the company's stock price to reach $95.18 in the next year. This suggests that the stock has a possible downside of 5.9%. 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 on January 1st, 2024. Since then, VLTO shares have increased by 22.9% and is now trading at $101.13. View the best growth stocks for 2024 here. Are investors shorting Veralto? Veralto saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,950,000 shares, a decline of 22.3% from the April 30th total of 2,510,000 shares. Based on an average trading volume of 1,630,000 shares, the short-interest ratio is presently 1.2 days. Currently, 0.8% of the shares of the 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) posted its quarterly earnings results on Tuesday, April, 23rd. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.08. The firm earned $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. The firm's revenue for the quarter 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 announced a quarterly dividend on Wednesday, May 22nd. Shareholders of record on Friday, June 28th will be paid a dividend of $0.09 per share on Wednesday, July 31st. This represents a $0.36 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date is Friday, June 28th. 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 0.36%. Read our dividend analysis for VLTO. What ETFs hold Veralto's stock? ETFs with the largest weight of Veralto (NYSE:VLTO) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), Invesco S&P Global Water Index ETF (CGW), Ecofin Global Water ESG Fund (EBLU), VanEck Environmental Services ETF (EVX), Invesco Water Resources ETF (PHO), First Trust Water ETF (FIW), Invesco Global Water ETF (PIO) and KraneShares Rockefeller Ocean Engagement ETF (KSEA). 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 estimate of 0.800. The company issued revenue guidance of -. Who are Veralto's major shareholders? Veralto's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.11%), Capital International Investors (2.88%), Bank of New York Mellon Corp (1.61%), Janus Henderson Group PLC (1.16%), Swedbank AB (1.09%) and Price T Rowe Associates Inc. MD (0.85%). 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 6/13/2024 by MarketBeat.com Staff From Our PartnersTrump Warns Gov. Can Confiscate Your Money. CBDC's give Gov. absoluteDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). 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