Veralto Corp (NYSE:VLTO) shares, rose in value on Friday, March 28, with the stock price down by -1.89% to the previous day’s close as strong demand from buyers drove the stock to $96.04.
Actively observing the price movement in the last trading, the stock closed the session at $97.89, falling within a range of $95.94 and $98.2. The PE ratio was 28.78 over 12-month period. Referring to stock’s 52-week performance, its high was $115.00, and the low was $85.91. On the whole, VLTO has fluctuated by -3.15% over the past month.
With the market capitalization of Veralto Corp currently standing at about $23.77 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03. The company’s Forward Dividend Ratio is 0.29, with its dividend yield at 0.30%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.33B, with a low estimate of 1.27B and a high estimate of 1.3B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.28B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VLTO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.79, with the price of VLTO currently trading nearly -2.08% and -3.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.25, while the 7-day volatility ratio is showing 1.92% which for the 30-day chart, stands at 2.07%. Furthermore, Veralto Corp (VLTO)’s beta value is 1.31, and its average true range (ATR) is 2.00.
A comparison of Veralto Corp (VLTO) with its peers suggests the former has fared considerably weaker in the market. VLTO showed an intraday change of -1.89% in last session, and over the past year, it grew by 7.60%%.
Data on historical trading for Veralto Corp (NYSE:VLTO) indicates that the trading volumes over the past 10 days have averaged 1.3 and over the past 3 months, they’ve averaged 1.43 million. According to company’s latest data on outstanding shares, there are 247.40 million shares outstanding.
Nearly 4.10% of Veralto Corp’s shares belong to company insiders and institutional investors own 95.54% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.53 million shares as on 2025-03-14, resulting in a short ratio of 2.29. According to the data, the short interest in Veralto Corp (VLTO) stood at 159.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.89 million. The stock has fallen by -5.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VLTO stock heading into the next quarter.