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Fortive Corp (FTV)
NYSE:FTV
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FTV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$66.15 - $87.10
Previous Close$74.45
Volume8.67M
Average Volume (3M)2.54M
Market Cap
$25.41B
Enterprise Value$28.47B
Total Cash (Recent Filing)$811.30M
Total Debt (Recent Filing)$3.86B
Price to Earnings (P/E)29.2
Beta1.08
Next Earnings
Jan 30, 2025EPS Estimate
$1.12Last Dividend Ex-Date
Nov 29, 2024Dividend Yield0.44%
Share Statistics
EPS (TTM)2.51
Shares Outstanding346,949,274
10 Day Avg. Volume7,019,408
30 Day Avg. Volume2,535,672
Standard Deviation0.08
R-Squared0.59
Alpha-0.00941
Financial Highlights & Ratios
Price to Book (P/B)2.45
Price to Sales (P/S)4.10
Price to Cash Flow (P/CF)13.80
P/FCF Ratio14.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.59
Enterprise Value/Gross Profit7.92
Enterprise Value/Ebitda18.13
Forecast
1Y Price Target
$86.64Price Target Upside16.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Fortive News
PremiumCompany Announcements
Fortive Urges Rejection of TRC’s Mini-Tender Offer
Bulls Say, Bears Say
Bulls Say
Capital AllocationEmerging investor approval of the company's capital deployment can be powerful for its valuation.
Financial PerformanceThe company's financial performance and profile are considered attractive when compared to its peers.
Growth And DemandOrders increased across all segments and regions, indicating strong demand.
Bears Say
Financial PerformanceMuted demand trends across some of FTV’s end-market led to mixed/modestly softer-than-expected quarterly results and modestly tempered guidance.
Growth ProspectsGuidance for 2024 organic growth was lowered, reflecting potential challenges in the market.
Market PositionThe flow of capital is moving to industrial companies with greater end market focus and exposure to secular trends, putting FTV at a disadvantage given its varied end market mix.
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Ownership Overview
0.38% Insiders
33.68% Mutual Funds
32.09% Other Institutional Investors
8.87% 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?
Fortive Corp lowest stock price was $66.15 and its highest was $87.10 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 Jan 30, 2025 which is in 39 days.
How were Fortive Corp’s earnings last quarter?
Fortive Corp released its earnings results on Oct 30, 2024. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.931 by $0.039.
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 $0.079 which represents an annual dividend yield of 0.44%. See more information on Fortive Corp dividends here
What is Fortive Corp’s EPS estimate?
Fortive Corp’s EPS estimate is $1.12.
How many shares outstanding does Fortive Corp have?
Fortive Corp has 346,949,280 shares outstanding.
What happened to Fortive Corp’s price movement after its last earnings report?
Fortive Corp reported an EPS of $0.97 in its last earnings report, beating expectations of $0.931. Following the earnings report the stock price went down -3.355%.
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 931M.
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Fortive Stock Smart Score
Unlock Smart Score
1
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$86.64 (16.37% Upside)
$86.64 (16.37% Upside)
Blogger Sentiment
Bullish
FTV Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $12.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.3%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.41%
12-Months-Change
Fundamentals
Return on Equity
8.62%
Trailing 12-Months
Asset Growth
11.42%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance and growth in key segments like Advanced Healthcare Solutions and Precision Technologies orders. However, there were challenges in Intelligent Operating Solutions, particularly due to shipment delays and hesitance from partners, as well as ongoing weakness in China. Despite these challenges, the company maintained strong operational execution and outlined positive future plans, including share repurchases and a spin-off.Read More>---
FTV Sales Breakdown
43.07% Intelligent Operating Solutions
35.16% Precision Technologies
21.77% Advanced Healthcare Solutions
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FTV Stock 12 Month Forecast
Average Price Target
$86.64
▲(16.37% Upside)
Technical Analysis
Best Analysts Covering FTV
1 Year
1 Year Success Rate
12/15 ratings generated profit
1 Year Average Return
+10.11%
upgraded a buy rating 4 months ago
Copying Brian Gesuale'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 +10.11% per trade.
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