At the time of writing, Veralto Corp [VLTO] stock is trading at $95.73, up 0.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VLTO shares have lost -2.27% over the last week, with a monthly amount drifted -4.09%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Veralto Corp [NYSE: VLTO] stock has seen the most recent analyst activity on December 12, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $125. Previously, UBS started tracking the stock with Neutral rating on August 13, 2024, and set its price target to $118. On June 17, 2024, TD Cowen initiated with a Hold rating and assigned a price target of $95 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $104 on March 22, 2024. Exane BNP Paribas initiated its recommendation with a Outperform and recommended $103 as its price target on March 12, 2024. BMO Capital Markets started tracking with a Outperform rating for this stock on February 27, 2024, and assigned it a price target of $97. In a note dated January 10, 2024, Deutsche Bank initiated an Hold rating and provided a target price of $79 on this stock.
For the past year, the stock price of Veralto Corp fluctuated between $85.90 and $115.00. Currently, Wall Street analysts expect the stock to reach $119 within the next 12 months. Veralto Corp [NYSE: VLTO] shares were valued at $95.73 at the most recent close of the market. An investor can expect a potential return of 24.31% based on the average VLTO price forecast.
Analyzing the VLTO fundamentals
According to Veralto Corp [NYSE:VLTO], the company’s sales were 5.19B for trailing twelve months, which represents an 4.43% jump. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.47 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 94.76 points at the first support level, and at 93.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 96.28, and for the 2nd resistance point, it is at 96.84.
Ratios To Look Out For
It is important to note that Veralto Corp [NYSE:VLTO] has a current ratio of 1.92. As well, the Quick Ratio is 1.69, while the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 4.56, the price to book ratio is 11.62 and price to earnings (TTM) ratio is 28.69.
Transactions by insiders
Recent insider trading involved Trivedi Surekha, SVP, Strategy & Sustainability, that happened on Feb 25 ’25 when 590.0 shares were sold. President and CEO, Honeycutt Jennifer completed a deal on Feb 25 ’25 to sell 10414.0 shares. Meanwhile, Officer Trivedi Surekha bought 590.0 shares on Feb 25 ’25.
