Veralto (NYSE:VLTO) Issues Earnings Results

Veralto (NYSE:VLTO) posted its quarterly earnings data on Tuesday. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05, Zacks reports. Veralto had a return on equity of 52.85% and a net margin of 15.69%. Veralto updated its FY 2025 guidance to 3.600-3.700 EPS and its Q1 2025 guidance to 0.840-0.880 EPS.

Veralto Trading Down 0.1 %

NYSE VLTO opened at $101.09 on Wednesday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.87 and a current ratio of 2.13. Veralto has a one year low of $75.05 and a one year high of $115.00. The company’s 50 day moving average price is $103.54 and its 200 day moving average price is $106.38. The firm has a market capitalization of $25.00 billion, a price-to-earnings ratio of 31.20, a PEG ratio of 4.35 and a beta of 1.06.

Veralto Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a $0.11 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.44 dividend on an annualized basis and a yield of 0.44%. This is a boost from Veralto’s previous quarterly dividend of $0.09. Veralto’s dividend payout ratio (DPR) is presently 13.58%.

Wall Street Analysts Forecast Growth

VLTO has been the topic of a number of recent research reports. Royal Bank of Canada boosted their target price on Veralto from $108.00 to $111.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Citigroup reduced their price objective on shares of Veralto from $118.00 to $116.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Jefferies Financial Group started coverage on Veralto in a research report on Thursday, December 12th. They set a “buy” rating and a $125.00 target price on the stock. Finally, Stifel Nicolaus decreased their price objective on shares of Veralto from $117.00 to $116.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $113.18.

About Veralto

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.