Veralto (NYSE:VLTO) Issues Earnings Results, Beats Expectations By $0.05 EPS

Veralto (NYSE:VLTO) released its quarterly earnings results on Tuesday. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05, Zacks reports. Veralto had a net margin of 15.69% and a return on equity of 52.85%. 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 5.2 %

Shares of NYSE:VLTO opened at $95.75 on Thursday. The company has a 50 day moving average of $103.54 and a 200-day moving average of $106.38. The company has a current ratio of 2.13, a quick ratio of 1.87 and a debt-to-equity ratio of 1.35. The firm has a market cap of $23.68 billion, a P/E ratio of 29.55, a P/E/G ratio of 4.35 and a beta of 1.06. Veralto has a twelve month low of $75.05 and a twelve month high of $115.00.

Veralto Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.11 per share. This is a boost from Veralto’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.44 annualized dividend and a yield of 0.46%. Veralto’s dividend payout ratio (DPR) is presently 13.58%.

Analyst Ratings Changes

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

Veralto Company Profile

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.