Veralto Corp (NYSE: VLTO) is 28.87% higher on its value in year-to-date trading and has touched a low of $70.47 and a high of $115.00 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 $105.11 in the last trading session, with the day’s gains setting it 0.9%.
Currently trading at $106.01, the stock is 2.22% and -2.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 0.86% at the moment leaves the stock 6.41% off its SMA200. VLTO registered 46.60% gain for a year compared to 6-month gain of 6.16%. The firm has a 50-day simple moving average (SMA 50) of $108.2456 and a 200-day simple moving average (SMA200) of $99.4982.
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The stock witnessed a -4.44% loss in the last 1 month and extending the period to 3 months gives it a -5.16%, and is 2.81% 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 1.64% over the week and 2.26% over the month.
Veralto Corp (VLTO) has around 16000 employees, a market worth around $26.22B and $5.14B in sales. Current P/E ratio is 32.70 and Fwd P/E is 28.25. Profit margin for the company is 15.69%. Distance from 52-week low is 50.43% and -7.82% from its 52-week high. The company has generated returns on investments over the last 12 months (17.55%).
The EPS is expected to grow by 8.70% this year
1467.0 institutions hold shares in Veralto Corp (VLTO), with institutional investors hold 99.41% of the company’s shares. The shares outstanding are 246.40M, and float is at 237.15M with Short Float at 1.46%. Institutions hold 95.36% of the Float.
Veralto Corp (VLTO) Insider Activity
The most recent transaction is an insider sale by Trivedi Surekha, the company’s SVP, Strategy & Sustainability. SEC filings show that Trivedi Surekha sold 752 shares of the company’s common stock on Nov 01 ’24 at a price of $102.91 per share for a total of $77388.0. Following the sale, the insider now owns 10413.0 shares.
Still, SEC filings show that on Oct 01 ’24, Trivedi Surekha (SVP, Strategy & Sustainability) disposed off 753 shares at an average price of $112.55 for $84750.0. The insider now directly holds 11,165 shares of Veralto Corp (VLTO).
