Hold Rating on Veralto Corporation Amid Stable Estimates and Conservative Valuation

Joseph C Giordano, an analyst from TD Cowen, maintained the Hold rating on Veralto Corporation (VLTO – Research Report). The associated price target is $100.00.

Joseph C Giordano has given his Hold rating due to a combination of factors related to Veralto Corporation’s recent financial performance and valuation. The company’s estimates have remained mostly stable following the fourth quarter results, with a slight reduction in FY25 EBITDA being counterbalanced by tax adjustments, keeping the EPS unchanged.
While the current valuation appears more reasonable compared to the highs of late 2024, it does not suggest a clear potential for significant gains unless there is a notable improvement in growth or strategic deployment. The guidance range provided by the company seems realistic and possibly conservative, with the analyst’s projections slightly exceeding the company’s estimates.

According to TipRanks, C Giordano is a 5-star analyst with an average return of 8.1% and a 60.35% success rate. C Giordano covers the Industrials sector, focusing on stocks such as Symbotic, Mueller Water Products, and Flowserve.