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Fortive Corp (FTV)
NYSE:FTV
Fortive (FTV) Stock Price & Analysis
353 Followers
FTV Stock Chart & Stats
Day’s Range$75.58 - $76.46
52-Week Range― - ―
Previous Close$76.21
Volume1.92M
Average Volume (3M)N/A
Market Cap
$26.74B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Jul 25, 2024EPS Estimate
$0.92Next Dividend Ex-Date
May 31, 2024Dividend Yield0.39%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$89.67Price Target Upside18.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Fortive News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRecent acquisitions ServiceChannel and Provation are showing strategic and financial progress with advancing ROICs.
Market ExpectationsQ1 Solid Across Segments: AHS, IOS and PT organic growth rates exceeded estimates.
Product InnovationFortive is a high-quality diversified industrial 'growth' company, accelerating new product innovations.
Bears Say
Acquisition ConcernsRecent EA deal indicates difficulty in generating year-one EPS accretion due to the cost of financing, suggesting earnings upside from in-year acquisitions is unlikely.
Financial PerformancePT margins were 240bp below estimates, which could indicate underperformance in that segment.
GuidanceQ2 guidance was a touch light, indicating possible concerns for the next quarter's performance.
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Ownership Overview
3.91% Insiders
35.28% Mutual Funds
24.15% Other Institutional Investors
36.66% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FTV FAQ
What was Fortive Corp’s price range in the past 12 months?
Currently, no data Available
What is Fortive Corp’s market cap?
Currently, no data Available
When is Fortive Corp’s upcoming earnings report date?
Fortive Corp’s upcoming earnings report date is Jul 25, 2024 which is in 87 days.
How were Fortive Corp’s earnings last quarter?
Fortive Corp released its earnings results on Apr 24, 2024. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.797 by $0.033.
Is Fortive Corp overvalued?
According to Wall Street analysts Fortive Corp’s price is currently Undervalued.
Does Fortive Corp pay dividends?
Fortive Corp pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 0.39%. See more information on Fortive Corp dividends here
What is Fortive Corp’s EPS estimate?
Fortive Corp’s EPS estimate is $0.92.
How many shares outstanding does Fortive Corp have?
Currently, no data Available
What happened to Fortive Corp’s price movement after its last earnings report?
Fortive Corp reported an EPS of $0.83 in its last earnings report, beating expectations of $0.797. Following the earnings report the stock price went down -5.762%.
Which hedge fund is a major shareholder of Fortive Corp?
Among the largest hedge funds holding Fortive Corp’s share is Viking Global Investors LP. It holds Fortive Corp’s shares valued at 775M.
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Fortive Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$89.67 (18.03% Upside)
$89.67 (18.03% Upside)
Blogger Sentiment
Bullish
FTV Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $22.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.97%
12-Months-Change
Fundamentals
Return on Equity
8.84%
Trailing 12-Months
Asset Growth
10.85%
Trailing 12-Months
Company Description
Fortive Corp
Incorporated in 2015 and headquartered in Washington, Fortive Corp. is a diversified industrial growth company. The company is engaged in the design, development, manufacturing, and marketing of professional and engineered products, software, and services for a variety of end markets. It operates through the Professional Instrumentation and Industrial Technologies segments.
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FTV Company Deck
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FTV Earnings Call
Q1 2024
0:00 / 0:00
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FTV Sales Breakdown
43.07% Intelligent Operating Solutions
35.16% Precision Technologies
21.77% Advanced Healthcare Solutions
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FTV Stock 12 Months Forecast
Average Price Target
$89.67
▲(18.03% Upside)
Technical Analysis
Best Analysts Covering FTV
1 Year
1 Year Success Rate
20/25 ratings generated profit
1 Year Average Return
+12.89%
reiterated a buy rating 27 days ago
Copying Julian Mitchell's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +12.89% per trade.
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