Veralto Corp (NYSE: VLTO) is 14.73% higher on its value in year-to-date trading and has touched a low of $65.51 and a high of $95.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VLTO stock was last observed hovering at around $93.68 in the last trading session, with the day’s gains setting it 0.7%.
Currently trading at $94.38, the stock is 4.65% and 6.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.75% at the moment leaves the stock 17.29% off its SMA200. VLTO registered a gain of 38.06% in past 6-months.
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The stock witnessed a 9.01% loss in the last 1 month and extending the period to 3 months gives it a 23.07%, and is 2.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.19% over the week and 2.43% over the month.
Veralto Corp (VLTO) has around 16000 employees, a market worth around $23.30B and $5.04B in sales. Current P/E ratio is 29.19 and Fwd P/E is 26.27. Profit margin for the company is 15.83%. Distance from 52-week low is 44.07% and -1.23% from its 52-week high. The company has generated returns on investments over the last 12 months (19.46%).
The EPS is expected to grow by 4.26% this year
The shares outstanding are 246.40M, and float is at 236.69M with Short Float at 0.72%.
Veralto Corp (VLTO) Insider Activity
The most recent transaction is an insider sale by Aquino Melissa, the company’s SVP, Water Quality. SEC filings show that Aquino Melissa sold 8,041 shares of the company’s common stock on Apr 26 ’24 at a price of $93.56 per share for a total of $0.75 million. Following the sale, the insider now owns 20761.0 shares.
Veralto Corp disclosed in a document filed with the SEC on Feb 16 ’24 that Bystrom Mattias (Group Executive, Product ID) sold a total of 500 shares of the company’s common stock. The trade occurred on Feb 16 ’24 and was made at $86.10 per share for $43050.0. Following the transaction, the insider now directly holds 30310.0 shares of the VLTO stock.
Still, SEC filings show that on Feb 02 ’24, MITTS HEATH A (Director) acquired 9 shares at an average price of $76.46 for $688.0. The insider now directly holds 831 shares of Veralto Corp (VLTO).
