Veralto (NYSE:VLTO) Posts Earnings Results, Beats Estimates By $0.05 EPS

Veralto (NYSE:VLTO) released 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 Stock Performance

Shares of VLTO stock opened at $101.09 on Wednesday. The firm has a 50 day moving average of $103.54 and a two-hundred day moving average of $106.38. The stock has a market capitalization of $25.00 billion, a PE ratio of 31.20, a P/E/G ratio of 4.35 and a beta of 1.06. The company has a quick ratio of 1.87, a current ratio of 2.13 and a debt-to-equity ratio of 1.35. Veralto has a 52 week low of $75.05 and a 52 week high of $115.00.

Veralto Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a $0.11 dividend. This is a positive change from Veralto’s previous quarterly dividend of $0.09. The ex-dividend date was Tuesday, December 31st. This represents a $0.44 annualized dividend and a dividend yield of 0.44%. Veralto’s dividend payout ratio (DPR) is presently 13.58%.

Analysts Set New Price Targets

A number of research firms have commented on VLTO. Jefferies Financial Group started coverage on Veralto in a research note on Thursday, December 12th. They issued a “buy” rating and a $125.00 price target for the company. Royal Bank of Canada lifted their target price on shares of Veralto from $108.00 to $111.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Stifel Nicolaus dropped their target price on shares of Veralto from $117.00 to $116.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Finally, Citigroup decreased their price target on shares of Veralto from $118.00 to $116.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.