Veralto Corp (NYSE: VLTO) is -3.17% lower on its value in year-to-date trading and has touched a low of $85.90 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 $98.88 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $98.62, the stock is -0.31% and -2.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -0.26% at the moment leaves the stock -5.16% off its SMA200. VLTO registered 13.67% gain for a year compared to 6-month loss of -12.28%.
The stock witnessed a -2.52% gain in the last 1 month and extending the period to 3 months gives it a -8.85%, and is -1.10% 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 1.97% over the week and 2.28% over the month.
Veralto Corp (VLTO) has around 17000 employees, a market worth around $24.41B and $5.19B in sales. Current P/E ratio is 29.56 and Fwd P/E is 24.60. Profit margin for the company is 16.04%. Distance from 52-week low is 14.81% and -14.24% from its 52-week high. The company has generated returns on investments over the last 12 months (17.48%).
The EPS is expected to grow by 3.80% this year
The shares outstanding are 247.40M, and float is at 237.43M with Short Float at 2.06%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.95 million shares valued at $2.67 billion. The investor’s holdings represent 11.3073 of the VLTO Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 17.53 million shares valued at $1.67 billion to account for 7.0918 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.74 million shares representing 3.5352 and valued at over $835.08 million, while AMUNDI holds 3.0455 of the shares totaling 7.53 million with a market value of $717.99 million.
Veralto Corp (VLTO) Insider Activity
A total of 0 insider transactions have happened at Veralto Corp (VLTO) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Trivedi Surekha, the company’s SVP, Strategy & Sustainability. SEC filings show that Trivedi Surekha sold 590 shares of the company’s common stock on Feb 25 ’25 at a price of $100.35 per share for a total of $59206.0. Following the sale, the insider now owns 8470.0 shares.
Veralto Corp disclosed in a document filed with the SEC on Feb 25 ’25 that Honeycutt Jennifer (President and CEO) sold a total of 10,414 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $100.35 per share for $1.05 million. Following the transaction, the insider now directly holds 0.1 million shares of the VLTO stock.
Still, SEC filings show that on Feb 25 ’25, Trivedi Surekha (Officer) Proposed Sale 590 shares at an average price of $100.35 for $59206.0. The insider now directly holds shares of Veralto Corp (VLTO).
