Veralto Corp (NYSE: VLTO) is 19.18% higher on its value in year-to-date trading and has touched a low of $65.51 and a high of $102.58 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 $99.20 in the last trading session, with the day’s loss setting it -1.16%.
Currently trading at $98.04, the stock is 0.43% and -0.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -1.17% at the moment leaves the stock 15.22% off its SMA200. VLTO registered a gain of 31.51% in past 6-months.
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The stock witnessed a -2.69% loss in the last 1 month and extending the period to 3 months gives it a 7.87%, and is 2.33% 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 1.85% over the week and 1.61% over the month.
Veralto Corp (VLTO) has around 16000 employees, a market worth around $24.20B and $5.04B in sales. Current P/E ratio is 30.33 and Fwd P/E is 27.10. Profit margin for the company is 15.83%. Distance from 52-week low is 49.66% and -4.43% 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 4.53% this year
The shares outstanding are 246.40M, and float is at 236.66M with Short Float at 0.96%.
Veralto Corp (VLTO) Insider Activity
The most recent transaction is an insider sale by Bystrom Mattias, the company’s SVP, PQI. SEC filings show that Bystrom Mattias sold 302 shares of the company’s common stock on May 23 ’24 at a price of $100.38 per share for a total of $30315.0. Following the sale, the insider now owns 34045.0 shares.
Veralto Corp disclosed in a document filed with the SEC on Apr 26 ’24 that Aquino Melissa (SVP, Water Quality) sold a total of 8,041 shares of the company’s common stock. The trade occurred on Apr 26 ’24 and was made at $93.56 per share for $0.75 million. Following the transaction, the insider now directly holds 20761.0 shares of the VLTO stock.
Still, SEC filings show that on Feb 16 ’24, Bystrom Mattias (Group Executive, Product ID) disposed off 500 shares at an average price of $86.10 for $43050.0. The insider now directly holds 30,310 shares of Veralto Corp (VLTO).
