The Veralto Corp Common Stock (VLTO) share price is expected to increase by 11.19% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered VLTO. Price targets range from $98.12 at the low end to $125 at the high end. The current analyst consensus for VLTO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned VLTO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Veralto Corp Common Stock to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on VLTO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of VLTO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Deane Dray RBC Capital | Sector Perform | $111 | Maintains | Oct 25, 2024 |
Nathan Jones Stifel | Buy | $119 | Maintains | Oct 16, 2024 |
John McNulty BMO Capital | Outperform | $119 | Maintains | Sep 30, 2024 |
Damian Karas UBS | Neutral | $118 | Initiates | Aug 13, 2024 |
Joseph Giordano TD Cowen | Hold | $100 | Maintains | Jul 30, 2024 |
Michael Halloran Baird | Neutral | $112 | Maintains | Jul 29, 2024 |
Brian Lee Goldman Sachs | Buy | $116 | Maintains | Jul 29, 2024 |
Nathan Jones Stifel | Buy | $117 | Maintains | Jul 29, 2024 |
Andrew Krill Deutsche Bank | Hold | $109 | Maintains | Jul 29, 2024 |
Deane Dray RBC Capital | Sector Perform | $108 | Maintains | Jul 29, 2024 |
Nathan Jones Stifel | Buy | $110 | Maintains | Jul 18, 2024 |
Deane Dray RBC Capital | Sector Perform | $101 | Reiterates | Jun 14, 2024 |
Michael Halloran Baird | Neutral | $98 | Maintains | Apr 25, 2024 |
John McNulty BMO Capital | Outperform | $101 | Maintains | Apr 25, 2024 |
Nathan Jones Stifel | Buy | $97 | Maintains | Apr 17, 2024 |
Andrew Kaplowitz Citigroup | Neutral | $94 | Maintains | Apr 8, 2024 |
Brian Lee Goldman Sachs | Buy | $104 | Initiates | Mar 22, 2024 |
Andrew Buscaglia Exane BNP Paribas | Outperform | $103 | Initiates | Mar 12, 2024 |
John McNulty BMO Capital | Outperform | $97 | Initiates | Feb 27, 2024 |
Deane Dray RBC Capital | Sector Perform | $91 | Maintains | Feb 8, 2024 |
When did it IPO
2023
Staff Count
16,000
Country
United States
Sector/Industry
Industrials/Pollution & Treatment Controls
CEO
Ms. Jennifer L. Honeycutt
Market Cap
$25.33B
In 2023, VLTO generated $5.02B in revenue, which was a increase of 3.10% from the previous year. This can be seen as a signal that VLTO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Veralto (VLTO) is currently oversold, suggesting potential exhaustion of selling pressure. Analysts are raising earnings estimates, indicating a possible trend reversal.
Why It Matters - Veralto's oversold status and analysts' rising earnings estimates suggest a potential rebound, signaling a favorable buying opportunity amid reduced selling pressure.
Summary - Veralto reported $1.31 billion in 3Q24 revenue, with 4.6% core sales growth and expanding margins. EPS beat expectations, prompting raised FY24 adj EPS guidance, driven by strong WQ segment demand.
Why It Matters - Veralto's strong 3Q24 results, including revenue growth and margin expansion, signal positive momentum. Raised EPS guidance enhances investor confidence in future performance.
Summary - Veralto Corporation (NYSE: VLTO) will hold its Q3 2024 Earnings Conference Call on October 24, 2024, at 8:30 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - The Q3 2024 earnings call for Veralto Corporation will provide insights into its financial performance and management strategies, influencing investor sentiment and stock price direction.
Summary - Veralto (NYSE: VLTO) announced its third-quarter results for the period ending September 27, 2024, focusing on water and product quality solutions.
Why It Matters - Veralto's Q3 results may indicate its financial health and growth potential, impacting stock performance and investor sentiment in the essential water and quality solutions sector.
Summary - Veralto (VLTO) reported Q3 earnings of $0.89 per share, exceeding the Zacks Consensus Estimate of $0.86, and up from $0.75 per share in the same quarter last year.
Why It Matters - Veralto's earnings beat expectations and show year-over-year growth, signaling strong performance and potential for future profitability, which can boost investor confidence and stock value.
Summary - Veralto (VLTO) may not have the necessary factors for a potential earnings beat in its upcoming report, indicating cautious expectations for investors.
Why It Matters - Veralto's lack of key ingredients for an earnings beat may signal weaker performance, potentially affecting stock price and investor sentiment ahead of the earnings report.