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Fortive (FTV)
:FTV
Holding FTV?
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FTV Stock Chart & Stats
Day’s Range― - ―
52-Week Range$66.15 - $87.10
Previous CloseN/A
Volume654.19K
Average Volume (3M)2.39M
Market Cap
$27.30B
Enterprise Value$30.96B
Total Cash (Recent Filing)$803.20M
Total Debt (Recent Filing)$3.36B
Price to Earnings (P/E)31.4
Beta1.08
Next Earnings
Feb 07, 2025EPS Estimate
1.12Last Dividend Ex-Date
Nov 29, 2024Dividend Yield0.41%
Share Statistics
EPS (TTM)2.51
Shares Outstanding346,949,280
10 Day Avg. Volume2,300,476
30 Day Avg. Volume2,388,816
Standard Deviation0.08
R-Squared0.60
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.41
Price to Cash Flow (P/CF)14.90
P/FCF Ratio15.80
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue5.00
Enterprise Value/Gross Profit8.61
Enterprise Value/Ebitda19.72
Forecast
1Y Price Target
$87.17Price Target Upside10.76% 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 Deployment StrategyEmerging investor approval of the company's capital deployment can be powerful for its valuation.
Financial PerformanceThe company has shown good growth and solid margins, with its operating margins expanding from around 21% to 26%.
Market PositionFTV shares are trading at a historic discount vs both peers and the broader market despite continued double-digit EPS growth and signs of improving orders.
Bears Say
Company ValuationFTV's low relative valuation is likely to be persistent at least until its recently announced separation into two independent companies takes effect.
Financial PerformanceOperating profit came in 2% below expectations due to softer organic growth.
Market GuidanceGuidance for 2024 organic growth was lowered, reflecting potential challenges in the market.
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Ownership Overview
0.36% Insiders
33.20% Mutual Funds
0.51% Other Institutional Investors
41.07% 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’s price range in the past 12 months?
Fortive lowest stock price was $66.15 and its highest was $87.10 in the past 12 months.
What is Fortive’s market cap?
Fortive’s market cap is $27.30B.
When is Fortive’s upcoming earnings report date?
Fortive’s upcoming earnings report date is Feb 07, 2025 which is in 20 days.
How were Fortive’s earnings last quarter?
Fortive 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 overvalued?
According to Wall Street analysts Fortive’s price is currently Undervalued.
Does Fortive pay dividends?
Fortive pays a Quarterly dividend of $0.316 which represents an annual dividend yield of 0.41%. See more information on Fortive dividends here
What is Fortive’s EPS estimate?
Fortive’s EPS estimate is 1.12.
How many shares outstanding does Fortive have?
Fortive has 346,949,280 shares outstanding.
What happened to Fortive’s price movement after its last earnings report?
Fortive 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?
Currently, no hedge funds are holding shares in FTV
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Fortive Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$87.17 (10.76% Upside)
$87.17 (10.76% Upside)
Blogger Sentiment
Bullish
FTV Sentiment 70%
Sector Average 68%
Sector Average 68%
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 ▲ 2.3%
Last 30 Days ▲ 9.6%
Last 30 Days ▲ 9.6%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.75%
12-Months-Change
Fundamentals
Return on Equity
8.62%
Trailing 12-Months
Asset Growth
11.42%
Trailing 12-Months
Company Description
Fortive
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
$87.17
▲(10.76% Upside)
Technical Analysis
Roper Technologies
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Best Analysts Covering FTV
1 Year
1 Year Success Rate
12/15 ratings generated profit
1 Year Average Return
+10.33%
upgraded a buy rating 5 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 +10.33% per trade.
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