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How Is Veralto's Stock Performance Compared to Other Environmental Services Stocks?
Yahoo Financeยท 2025-09-17 12:41
Company Overview - Veralto Corporation (VLTO) is valued at a market cap of $26.4 billion and provides essential technology solutions for water quality, product identification, and environmental monitoring [1] - The company is classified as a "large-cap stock," highlighting its size and influence in the pollution and treatment controls industry [2] Financial Performance - In Q2, Veralto reported total sales of $1.4 billion, a year-over-year increase of 6.4%, with core sales rising by 4.8% [5] - The company's adjusted EPS was $0.93, reflecting a 9.4% increase from the previous year, surpassing analyst estimates of $0.89 [5] Stock Performance - Currently, VLTO is trading 7.4% below its 52-week high of $115, reached on October 24, 2024 [3] - Over the past three months, VLTO shares have surged 9%, outperforming the VanEck Environmental Services ETF (EVX), which returned 1.6% [3] - However, VLTO has underperformed over the past 52 weeks, declining by 3.1%, while EVX increased by 7.2% [4] Analyst Sentiment - Analysts maintain a moderately optimistic outlook for Veralto, with a consensus rating of "Moderate Buy" from 17 analysts [6] - The mean price target for VLTO is $116.40, indicating a potential 9.3% premium to its current price levels [6]