Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions 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 under the Hach, Trojan Technologies, ChemTreat, and other brands. This segment also provides water solutions, including chemical reagents, services, and digital solutions. The PQI segment offers marking and coding for packaged goods and related consumables; a software solution that provides digital asset management, marketing resource management, and product information management; inline printing solutions for products and packaging with marking and coding systems; design software and imaging systems for the creation of new packaging designs; color management solutions for printed packages and consumer and industrial products; and color standard services for the design industry. This segment sells its products and services through the Videojet, Linx, Esko, X-Rite, and Pantone brands. The company serves industries, such as 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.
Financial Prowess | Veralto's robust Q2 2024 performance, with EPS of $0.85 surpassing estimates, showcases its financial strength and operational efficiency |
Market Dynamics | Explore Veralto's strategic positioning in water treatment and product quality industries, capitalizing on growing demand for sustainable solutions |
Growth Trajectory | Delve into Veralto's expansion strategies, including M&A opportunities and organic growth initiatives in water reuse and reclamation technologies |
Analyst Outlook | Analyst price targets range from $107 to $112, reflecting varied perspectives on Veralto's future prospects amid industrial market challenges |
Metrics to compare | VLTO | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipVLTOPeersSector | |
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P/E Ratio | 26.8x | 35.3x | 11.3x | |
PEG Ratio | −15.07 | −0.64 | 0.03 | |
Price/Book | 11.0x | 0.8x | 1.4x | |
Price / LTM Sales | 4.3x | 0.3x | 1.1x | |
Upside (Analyst Target) | 17.0% | 93.8% | 32.4% | |
Fair Value Upside | Unlock | 17.6% | 10.3% | Unlock |