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The closing price of Veralto Corp (NYSE: VLTO) was $104.00 for the day, down -0.05% from the previous closing price of $104.05. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 1.3 million shares were traded. VLTO stock price reached its highest trading level at $105.17 during the session, while it also had its lowest trading level at $103.935.
Ratios:
Our analysis of VLTO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on August 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $118.
On June 17, 2024, TD Cowen started tracking the stock assigning a Hold rating and target price of $95.
On March 22, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $104.Goldman initiated its Buy rating on March 22, 2024, with a $104 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 01 ’24 when Trivedi Surekha sold 753 shares for $112.55 per share. The transaction valued at 84,750 led to the insider holds 11,165 shares of the business.
Honeycutt Jennifer sold 13,190 shares of VLTO for $1,452,878 on Sep 30 ’24. The President and CEO now owns 138,546 shares after completing the transaction at $110.15 per share. On Oct 01 ’24, another insider, Trivedi Surekha, who serves as the Officer of the company, bought 753 shares for $112.55 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VLTO now has a Market Capitalization of 27411488768 and an Enterprise Value of 27272007680. As of this moment, Veralto’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.08, and their Forward P/E ratio for the next fiscal year is 27.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.00 while its Price-to-Book (P/B) ratio in mrq is 13.16. Its current Enterprise Value per Revenue stands at 5.31 whereas that against EBITDA is 21.457.
Stock Price History:
Over the past 52 weeks, VLTO has reached a high of $115.00, while it has fallen to a 52-week low of $65.51. The 50-Day Moving Average of the stock is -5.95%, while the 200-Day Moving Average is calculated to be 6.95%.
Shares Statistics:
VLTO traded an average of 1.52M shares per day over the past three months and 1607560 shares per day over the past ten days. A total of 246.40M shares are outstanding, with a floating share count of 236.96M. Insiders hold about 4.11% of the company’s shares, while institutions hold 94.29% stake in the company. Shares short for VLTO as of 1728950400 were 3110439 with a Short Ratio of 2.04, compared to 1726185600 on 3055825. Therefore, it implies a Short% of Shares Outstanding of 3110439 and a Short% of Float of 1.4099999.
Dividends & Splits
With its trailing 12-month dividend rate of 0.36, VLTO has a forward annual dividend rate of 0.36. Against a Trailing Annual Dividend Yield of 0.003459875