Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

7 Analysts Assess Veralto: What You Need To Know

Author: Benzinga Insights | March 22, 2024 10:00am

Ratings for Veralto (NYSE:VLTO) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 2 0 0
Last 30D 1 0 0 0 0
1M Ago 0 2 0 0 0
2M Ago 1 0 1 0 0
3M Ago 1 0 1 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $92.29, a high estimate of $104.00, and a low estimate of $79.00. Marking an increase of 14.65%, the current average surpasses the previous average price target of $80.50.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

The standing of Veralto among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Brian Lee Goldman Sachs Announces Buy $104.00 -
Andrew Buscaglia Exane BNP Paribas Announces Outperform $103.00 -
John McNulty BMO Capital Announces Outperform $97.00 -
Deane Dray RBC Capital Raises Sector Perform $91.00 $78.00
Nathan Jones Stifel Lowers Buy $82.00 $83.00
Andrew Krill Deutsche Bank Announces Hold $79.00 -
John Eade Argus Research Announces Buy $90.00 -

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Veralto. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Veralto compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Veralto's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Veralto's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Veralto analyst ratings.

Discovering Veralto: A Closer Look

Veralto Corp is company which is a provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment it improves the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment it promotes consumer trust in products and help enable product innovation through brands including Videojet, Linx, Esko, X-Rite and Pantone.

A Deep Dive into Veralto's Financials

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Veralto's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 3.21%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Veralto's net margin excels beyond industry benchmarks, reaching 15.53%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Veralto's ROE stands out, surpassing industry averages. With an impressive ROE of 16.52%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Veralto's ROA stands out, surpassing industry averages. With an impressive ROA of 3.69%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Veralto's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.01, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Significance of Analyst Ratings Explained

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: VLTO

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist