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Fortive Corp (GB:0IRE)
LSE:0IRE
Fortive (0IRE) Share Price & Analysis
1 Followers
0IRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.58 - $87.02
Previous Close$80.89
Volume3.23K
Average Volume (3M)3.70K
Market Cap
$28.36B
Enterprise Value$30.38B
Total Cash (Recent Filing)$714.10M
Total Debt (Recent Filing)$2.73B
Price to Earnings (P/E)33.2
Beta0.92
Next Earnings
Jul 25, 2024EPS Estimate
$0.92Next Dividend Ex-Date
May 31, 2024Dividend Yield0.37%
Share Statistics
EPS (TTM)2.44
Shares Outstanding351,379,735
10 Day Avg. Volume51
30 Day Avg. Volume3,696
Standard Deviation0.09
R-Squared0.45
Alpha0.00386
Financial Highlights & Ratios
Price to Book (P/B)-13.62
Price to Sales (P/S)3.99
Price to Cash Flow (P/CF)15.00
P/FCF Ratio15.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.05
Enterprise Value/Gross Profit9.03
Enterprise Value/Ebitda26.23
Forecast
1Y Price Target
$89.67Price Target Upside18.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Fortive News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst's EPS estimate rises on margin expansion and healthy demand, with a price target increase to $80.
Product InnovationFortive is a high-quality diversified industrial 'growth' company, accelerating new product innovations.
Strategic AcquisitionsRecent acquisitions ServiceChannel and Provation are showing strategic and financial progress with advancing ROICs.
Bears Say
Financial GuidanceQ2 guidance was a touch light, indicating possible concerns for the next quarter's performance.
Mergers And AcquisitionsRecent 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.
ProfitabilityPT margins were 240bp below estimates, which could indicate underperformance in that segment.
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Options Prices
Currently, No data available
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Ownership Overview
3.91% Insiders
35.33% Mutual Funds
24.15% Other Institutional Investors
36.60% Public Companies and
Individual Investors
0IRE FAQ
What was Fortive Corp’s price range in the past 12 months?
Fortive Corp lowest share price was $62.58 and its highest was $87.02 in the past 12 months.
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 90 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 0.37%. 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?
Fortive Corp has 351,379,730 shares outstanding.
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 -6.263%.
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 (18.53% Upside)
$89.67 (18.53% Upside)
Blogger Sentiment
Bullish
GB:0IRE Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $22.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.15%
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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0IRE Company Deck
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0IRE Earnings Call
Q1 2024
0:00 / 0:00
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0IRE Sales Breakdown
43.07% Intelligent Operating Solutions
35.16% Precision Technologies
21.77% Advanced Healthcare Solutions
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0IRE Stock 12 Months Forecast
Average Price Target
$89.67
▲(18.53% Upside)
Technical Analysis
Best Analysts Covering 0IRE
1 Year
1 Year Success Rate
20/25 ratings generated profit
1 Year Average Return
+12.91%
reiterated a buy rating 24 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 +12.91% per trade.
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