Veralto Corporation (VLTO)

NYSE: VLTO · Real-Time Price · USD
105.11
+1.13 (1.09%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.09%
Market Cap 25.99B
Revenue (ttm) 5.14B
Net Income (ttm) 806.00M
Shares Out 247.31M
EPS (ttm) 3.24
PE Ratio 32.44
Forward PE 28.80
Dividend $0.36 (0.34%)
Ex-Dividend Date Sep 27, 2024
Volume 1,288,337
Open 104.48
Previous Close 103.98
Day's Range 103.26 - 105.21
52-Week Range 72.23 - 115.00
Beta n/a
Analysts Buy
Price Target 108.27 (+3.01%)
Earnings Date Oct 23, 2024

About VLTO

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemica... [Read more]

Sector Industrials
Founded 2023
Employees 16,000
Stock Exchange NYSE
Ticker Symbol VLTO
Full Company Profile

Financial Performance

In 2023, Veralto's revenue was $5.02 billion, an increase of 3.10% compared to the previous year's $4.87 billion. Earnings were $839.00 million, a decrease of -0.71%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for VLTO stock is "Buy." The 12-month stock price forecast is $108.27, which is an increase of 3.01% from the latest price.

Price Target
$108.27
(3.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Veralto Invests in Axine Water Technologies

Creates Strategic Partnership with a Leading Provider of Contaminant Destruction Technology WALTHAM, Mass. , Nov. 13, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO) (the "Company"), a global le...

7 days ago - PRNewsWire

Veralto: Growth Tailwinds Remain Intact

I maintain a bullish view on Veralto due to strong demand tailwinds, core sales growth, and expanding adj EBITDA margins. 3Q24 results showed $1.31 billion revenue, 4.6% core sales growth, and margin ...

22 days ago - Seeking Alpha

Veralto Corporation (VLTO) Q3 2024 Earnings Call Transcript

Veralto Corporation (NYSE:VLTO) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Ryan Taylor - Vice President of Investor Relations Jennifer Honeycutt - President & C...

27 days ago - Seeking Alpha

Veralto Reports Third Quarter 2024 Results

WALTHAM, Mass. , Oct. 23, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital R...

4 weeks ago - PRNewsWire

Veralto Acquires TraceGains

Expands Ability to Help Ensure Safety, Traceability and Compliance in the Food and Beverage Industry,  Aligns with Veralto's Commitment to Safeguarding Water, Food and Essential Goods WALTHAM, Mass. ,...

6 weeks ago - PRNewsWire

Veralto Schedules Third Quarter 2024 Earnings Call

WALTHAM, Mass. , Oct. 3, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resour...

6 weeks ago - PRNewsWire

Veralto Announces Quarterly Dividend

WALTHAM, Mass. , Sept. 24, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, anno...

2 months ago - PRNewsWire

Veralto Corporation (VLTO) Q2 2024 Earnings Call Transcript

Veralto Corporation (NYSE:VLTO) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Ryan Taylor - VP, IR Jennifer Honeycutt - President & CEO Sameer Ralhan - SVP & CFO Conf...

4 months ago - Seeking Alpha

Veralto Reports Second Quarter 2024 Results

WALTHAM, Mass. , July 25, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital R...

4 months ago - PRNewsWire

Veralto Announces Appointment of Vijay Sankaran to Board of Directors

New independent director brings extensive executive management and digital technology leadership WALTHAM, Mass. , July 16, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water...

4 months ago - PRNewsWire

Veralto Corp.: Growth Catalysts In Both Operating Segments

VLTO is recommended as a buy due to its leading position in Water Quality and Product Quality & Innovation segments. Strong growth outlook for VLTO in both segments, supported by historical growth tre...

5 months ago - Seeking Alpha

Veralto Schedules Second Quarter 2024 Earnings Call

WALTHAM, Mass. , July 2, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resour...

5 months ago - PRNewsWire

Veralto to Participate in the Wolfe Research 17th Annual Global Transportation and Industrials Conference

WALTHAM, Mass. , May 21, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announc...

6 months ago - PRNewsWire

Veralto Corporation (VLTO) Q1 2024 Earnings Call Transcript

Veralto Corporation (NYSE:VLTO) Q1 2024 Earnings Conference Call April 24, 2024 8:30 AM ET Company Participants Ryan Taylor - Vice President of Investor Relations Jennifer Honeycutt - President & Chi...

7 months ago - Seeking Alpha

Veralto Reports First Quarter 2024 Results

WALTHAM, Mass. , April 23, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital ...

7 months ago - PRNewsWire

Veralto Schedules First Quarter 2024 Earnings Call

WALTHAM, Mass. , April 3, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resou...

8 months ago - PRNewsWire

Veralto to Participate at Upcoming Investor Conferences

WALTHAM, Mass. , Feb. 15, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, annou...

9 months ago - PRNewsWire

Veralto Corporation (VLTO) Q4 2023 Earnings Call Transcript

Veralto Corporation (VLTO) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

VERALTO REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

WALTHAM, Mass. , Feb. 6, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Re...

10 months ago - PRNewsWire

Veralto Schedules Fourth Quarter 2023 Earnings Call

WALTHAM, Mass. , Jan. 18, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resou...

10 months ago - PRNewsWire

Trojan Technologies to sell Salsnes Filter business

Salsnes Filter (Norway) to become a standalone entity. LONDON, ON , Jan. 9, 2024 /PRNewswire/ -- Trojan Technologies today announced their plan to sell the Salsnes Filter business to current and forme...

11 months ago - PRNewsWire

Veralto Recommends Shareholders Reject Mini-Tender Offer by TRC Capital Investment Corporation

WALTHAM, Mass. , Nov. 29, 2023 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, has b...

1 year ago - PRNewsWire

Veralto to Participate in Baird's 2023 Global Industrial Conference

WALTHAM, Mass. , Nov. 3, 2023 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announc...

1 year ago - PRNewsWire

Veralto Reports 3Q23 Results; Plans $0.09 Dividend For 4Q23

On October 26, 2023, Veralto Corporation (NYSE: VLTO, $70.00, Market Capitalization: $17.20 billion) reported 3Q23 results that surpassed consensus expectations.

1 year ago - Forbes

Veralto: A Soft Receipt For This Spinoff

Veralto Corporation, a $5 billion water and product quality business, was spun off from parent company Danaher Corporation. Shares of Veralto have fallen 20% since the spinoff, but still trades at a s...

1 year ago - Seeking Alpha