Veralto Corporation Spins Off, Aims for Momentum in Water Analytics

Veralto Corporation, a water analytics and treatment provider, has been making waves in the industry since its spin-off from Danaher Corporation in 2023. The company, headquartered in Waltham, Massachusetts, operates globally with nearly 17,000 employees across North America, Western Europe, and high-growth markets.

Veralto's impressive performance has caught the attention of investors, as the company is currently ranked as a Zacks Rank #3 (Hold) stock with a Momentum Style Score of B. This indicates that Veralto is well-positioned to capitalize on upward or downward trends in its stock price and earnings outlook.

In the past year, Veralto's shares have seen a slight decline of 1.2%, but the company has experienced a 5.4% increase over the last four weeks. Moreover, three analysts have revised their earnings estimates higher for fiscal 2025, resulting in a Zacks Consensus Estimate of $3.78 per share, an increase of $0.08. Veralto also boasts an average earnings surprise of 6.3%, further solidifying its strong financial fundamentals.

With its robust earnings performance, favorable Zacks Rank, and impressive Momentum and VGM Style Scores, Veralto is poised to continue its momentum in the water analytics and treatment industry.