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The closing price of Veralto Corp (NYSE: VLTO) was $99.61 for the day, up 0.31% from the previous closing price of $99.30. In other words, the price has increased by $0.31 from its previous closing price. On the day, 1.69 million shares were traded. VLTO stock price reached its highest trading level at $101.59 during the session, while it also had its lowest trading level at $98.92.
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 29.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 1.88 whereas as Long-Term Debt/Eq ratio is at 1.77.
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, TD Cowen on June 17, 2024, initiated with a Hold rating and assigned the stock a target price of $95.
On March 22, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $104.
On March 12, 2024, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $103.Exane BNP Paribas initiated its Outperform rating on March 12, 2024, with a $103 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 May 23 ’24 when Bystrom Mattias sold 302 shares for $100.38 per share. The transaction valued at 30,315 led to the insider holds 34,045 shares of the business.
Aquino Melissa sold 8,041 shares of VLTO for $752,316 on Apr 26 ’24. The SVP, Water Quality now owns 20,761 shares after completing the transaction at $93.56 per share. On Feb 16 ’24, another insider, Bystrom Mattias, who serves as the Group Executive, Product ID of the company, sold 500 shares for $86.10 each. As a result, the insider received 43,050 and left with 30,310 shares of the company.
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 24588431360 and an Enterprise Value of 26551406592. As of this moment, Veralto’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.81, and their Forward P/E ratio for the next fiscal year is 27.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 16.59. Its current Enterprise Value per Revenue stands at 5.266 whereas that against EBITDA is 21.412.
Stock Price History:
Over the past 52 weeks, VLTO has reached a high of $102.58, while it has fallen to a 52-week low of $65.51. The 50-Day Moving Average of the stock is 0.92%, while the 200-Day Moving Average is calculated to be 16.31%.
Shares Statistics:
VLTO traded an average of 1.50M shares per day over the past three months and 1159510 shares per day over the past ten days. A total of 246.40M shares are outstanding, with a floating share count of 236.66M. Insiders hold about 4.13% of the company’s shares, while institutions hold 95.21% stake in the company. Shares short for VLTO as of 1721001600 were 2549564 with a Short Ratio of 1.70, compared to 1718323200 on 2454721. Therefore, it implies a Short% of Shares Outstanding of 2549564 and a Short% of Float of 1.16.
Dividends & Splits
With its trailing 12-month dividend rate of 0.18, VLTO has a forward annual dividend rate of 0.27. Against a Trailing Annual Dividend Yield of 0.0018126889