Profile
Sector:
IndustrialsIndustry:
Pollution & Treatment ControlsCountry:
United StatesIPO:
04 October 2023Website:
http://www.veralto.comNext earnings report:
07 February 2025Last dividends:
27 September 2024Next dividends:
N/APrice
after hours | Fri, 22 Nov 2024 22:43:20 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
VLTO Latest News
Veralto Corporation, a top company in water and product quality solutions, has announced a $15 million investment to acquire a minority stake in Axine Water Technologies. This company specializes in electrochemical oxidation technology that helps eliminate contaminants. The partnership aims to enhance efforts in protecting vital resources.
I have a positive outlook on Veralto because of strong demand, growth in core sales, and increasing adjusted EBITDA margins. In the third quarter of 2024, the company reported $1.31 billion in revenue, a 4.6% increase in core sales, and improved margins, which resulted in higher earnings per share and an upgraded adjusted EPS forecast for the year. The WQ segment is experiencing significant growth, mainly due to the demand for chemical treatments.
Veralto (VLTO) is currently considered oversold, which means the intense selling might be coming to an end. Additionally, there is a strong consensus among Wall Street analysts to increase earnings forecasts, which could result in a change in the stock's direction.
WALTHAM, Mass., Oct. 23, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a worldwide leader in important water and product quality solutions focused on protecting essential resources, has released its results for the third quarter that ended on September 27, 2024.
WALTHAM, Mass., Oct. 3, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a worldwide leader in important water and product quality solutions focused on protecting essential resources, has announced that it will stream its third quarter 2024 earnings conference call on Thursday, October 24, 2024, starting at 8:30 a.m.
WALTHAM, Mass., Sept. 24, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a leading company in water and product quality solutions focused on protecting vital resources, has announced that its board of directors has approved a quarterly cash dividend of $0.09 per share. This dividend will be paid on October 31, 2024, to shareholders who are on record as of the end of business on September 27, 2024.
Veralto Corporation (NYSE:VLTO ) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Ryan Taylor - VP, IR Jennifer Honeycutt - President & CEO Sameer Ralhan - SVP & CFO Conference Call Participants Scott Davis - Melius Research Deane Dray - RBC Capital Markets Andrew Kaplowitz - Citigroup John McNulty - BMO Capital Markets Mike Halloran - Baird Brian Lee - Goldman Sachs Brad Hewitt - Wolfe Research Nathan Jones - Stifel Andrew Krill - Deutsche Bank Andrew Buscaglia - BNP Paribas Joe Giordano - TD Cowen Operator My name is Leo, and I will be your conference operator this morning. At this time, I would like to welcome everyone to Veralto Corporation's Second Quarter 2024 Conference Call.
WALTHAM, Mass. , July 25, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced results for the second quarter ended June 28, 2024.
New independent director brings extensive executive management and digital technology leadership WALTHAM, Mass. , July 16, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, has appointed Vijay Sankaran to its board of directors.
VLTO is recommended as a buy due to its leading position in Water Quality and Product Quality & Innovation segments. Strong growth outlook for VLTO in both segments, supported by historical growth trends and margin expansion. WQ segment benefits from growth catalysts such as semiconductor demand and US government funding for water infrastructure.
- 1(current)
What type of business is 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. This segment provides water solutions, including chemical reagents, services, and digital solutions. The PQI segment offers inline printing solutions for products and packaging with marking and coding systems; marking and coding for packaged goods and related consumables; design software and imaging systems for the creation of new packaging designs; color management solutions for printed packages and consumer and industrial products; color standard services for the design industry; and a software solution that provides digital asset management, marketing resource management, and product information management. This segment sells its products and services through the Videojet, Linx, Esko, X-Rite, and Pantone brands to regulated industries, including municipal utilities, food and beverage, pharmaceutical, and industrials. The company was formerly known as DH EAS Holding Corp. and changed its name to Veralto Corporation in February 2023. Veralto Corporation was incorporated in 2022 and is headquartered in Waltham, Massachusetts.
What sector is Veralto in?
Veralto is in the Industrials sector
What industry is Veralto in?
Veralto is in the Pollution & Treatment Controls industry
What country is Veralto from?
Veralto is headquartered in United States
When did Veralto go public?
Veralto initial public offering (IPO) was on 04 October 2023
What is Veralto website?
https://www.veralto.com
Is Veralto in the S&P 500?
Yes, Veralto is included in the S&P 500 index
Is Veralto in the NASDAQ 100?
No, Veralto is not included in the NASDAQ 100 index
Is Veralto in the Dow Jones?
No, Veralto is not included in the Dow Jones index
When was Veralto the previous earnings report?
No data
When does Veralto earnings report?
The next expected earnings date for Veralto is 07 February 2025