Veralto Corp (NYSE: VLTO) is -3.35% lower on its value in year-to-date trading and has touched a low of $75.05 and a high of $115.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VLTO stock was last observed hovering at around $95.81 in the last trading session, with the day’s gains setting it 2.63%.
Currently trading at $98.44, the stock is -3.45% and -4.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing 2.75% at the moment leaves the stock -5.01% off its SMA200. VLTO registered 29.92% gain for a year compared to 6-month loss of -5.46%. The firm has a 50-day simple moving average (SMA 50) of $103.6692 and a 200-day simple moving average (SMA200) of $103.58605.
The stock witnessed a -2.70% gain in the last 1 month and extending the period to 3 months gives it a -3.90%, and is -5.21% down 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 3.15% over the week and 2.02% over the month.
Veralto Corp (VLTO) has around 16000 employees, a market worth around $24.34B and $5.19B in sales. Current P/E ratio is 29.47 and Fwd P/E is 24.48. Profit margin for the company is 16.04%. Distance from 52-week low is 31.17% and -14.40% from its 52-week high. The company has generated returns on investments over the last 12 months (17.94%).
The EPS is expected to grow by 3.99% this year
1473.0 institutions hold shares in Veralto Corp (VLTO), with institutional investors hold 100.63% of the company’s shares. The shares outstanding are 247.31M, and float is at 237.15M with Short Float at 1.75%. Institutions hold 96.54% of the Float.
Veralto Corp (VLTO) Insider Activity
The most recent transaction is an insider sale by Skeete Bernard M, the company’s Chief Accounting Officer. SEC filings show that Skeete Bernard M sold 200 shares of the company’s common stock on Nov 26 ’24 at a price of $108.78 per share for a total of $21756.0. Following the sale, the insider now owns 3483.0 shares.
Veralto Corp disclosed in a document filed with the SEC on Nov 01 ’24 that Trivedi Surekha (SVP, Strategy & Sustainability) sold a total of 752 shares of the company’s common stock. The trade occurred on Nov 01 ’24 and was made at $102.91 per share for $77388.0. Following the transaction, the insider now directly holds 10413.0 shares of the VLTO stock.
Still, SEC filings show that on Nov 01 ’24, Trivedi Surekha (Officer) Proposed Sale 752 shares at an average price of $102.91 for $77388.0. The insider now directly holds shares of Veralto Corp (VLTO).
