Key Insights on Veralto's Stock Performance

By Naomi Wentworth • Thursday, May 01 10:00 • Permanent Link

Join us for a quick overview of Veralto, a Electrical Equipment & Parts company whose shares moved -1.0% today. Here are some facts about the stock that should help you see the bigger picture:

Veralto has moved 2.2% over the last year, and the S&P 500 logged a change of 10.0%
VLTO has an average analyst rating of buy and is -13.28% away from its mean target price of $109.51 per share
Its trailing earnings per share (EPS) is $3.5
Veralto has a trailing 12 month Price to Earnings (P/E) ratio of 27.1 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $3.75 and its forward P/E ratio is 25.3
The company has a Price to Book (P/B) ratio of 10.22 in contrast to the S&P 500's average ratio of 4.74
Veralto is part of the Industrials sector, which has an average P/E ratio of 24.03 and an average P/B of 2.89
VLTO has reported YOY quarterly earnings growth of 21.6% and gross profit margins of 0.6%
The company has a free cash flow of $773.75 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions 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 under the Hach, Trojan Technologies, ChemTreat, and other brands. This segment also provides water solutions, including chemical reagents, services, and digital solutions. The PQI segment offers marking and coding for packaged goods and related consumables; a software solution that provides digital asset management, marketing resource management, and product information management; inline printing solutions for products and packaging with marking and coding systems; design software and imaging systems for the creation of new packaging designs; color management solutions for printed packages and consumer and industrial products; and color standard services for the design industry. This segment sells its products and services through the Videojet, Linx, Esko, X-Rite, and Pantone brands. The company serves industries, such as municipal utilities, food and beverage, pharmaceutical, and industrials. The company was formerly known as DH EAS Holding Corp. and changed its name to Veralto Corporation in February 2023. Veralto Corporation was incorporated in 2022 and is headquartered in Waltham, Massachusetts.

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