Veralto Corporation’s Stock Price Plummets to $95.81, Witnessing a Sharp 5.12% Drop

Veralto Corporation (VLTO)

95.81 USD -5.17 (-5.12%) Volume: 2.62M

Experience the volatile journey of Veralto Corporation’s stock price currently at 95.81 USD, witnessing a drop of -5.12% this trading session with a trading volume of 2.62M, and a year-to-date decline of -5.93%, reflecting the dynamic nature of the stock market.

Latest developments on Veralto Corporation

Veralto has been making headlines recently, with reports of becoming oversold and announcing their fourth quarter and full year 2024 results. The company saw a rise in revenue and earnings in Q4, leading to increased stock holdings by Mediolanum International Funds Ltd, while abrdn plc decreased their stake in the company. Veralto’s Q4 earnings surpassed expectations, with adjusted earnings and sales on the rise, leading to a guidance set for Q1, 2025. With shares rising after hours, investors are eagerly awaiting the company’s upcoming earnings report, expecting continued positive results.

Veralto Corporation on Smartkarma

Analysts on Smartkarma, like Pyari Menon, are bullish on Veralto. In a recent report titled “Veralto: The Power of Customer Dependency and Recurring Revenue,” it was highlighted that Veralto’s products and services, although low cost, are critical to its customers, leading to high recurring sales and profitability. With a strong foundation from its Danaher Corp heritage, Veralto has established itself as a leader in its businesses, with durable sales growth and strong cash generation. The company’s market leadership in the Water Quality and Product Quality & Innovation segments positions it well for regulatory and environmental demands, ensuring financial resilience through economic cycles.

A look at Veralto Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Veralto has a mixed long-term outlook. While the company scores moderately in Growth and Momentum, it falls short in terms of Value, Dividend, and Resilience. This suggests that Veralto may face challenges in terms of providing value to investors, offering dividends, and maintaining resilience in the face of market fluctuations.

Veralto Corporation provides technology solutions such as product quality control systems and water purification equipment to customers worldwide. With a moderate outlook in Growth and Momentum, Veralto may need to focus on improving its Value, Dividend, and Resilience scores to enhance its overall performance and appeal to investors in the long run.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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