Fortive Corporation is a diversified industrial growth company. The Company designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The Company operates through two segments: Professional Instrumentation and Industrial Technologies. The Company's brands operate in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution markets. The Professional Instrumentation segment offers essential products, software and services used to create actionable intelligence by measuring and monitoring a range of physical parameters in industrial applications, including electrical current, radio frequency signals, distance, pressure and temperature. The Industrial Technologies segment offers critical technical equipment, components, software and services for manufacturing, repair and transportation markets around the world.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductor Equipment & Testing - NEC
- Sub-Industry: N/A
- Symbol: NYSE:FTV
- CUSIP: N/A
- Web: www.fortive.com
- Market Cap: $22.32 billion
- Outstanding Shares: 346,584,000
- 50 Day Moving Avg: $62.90
- 200 Day Moving Avg: $58.66
- 52 Week Range: $46.00 - $65.21
Sales & Book Value:
- Trailing P/E Ratio: 25.27
- Foreward P/E Ratio: 21.61
- P/E Growth: 2.70
- Annual Revenue: $6.28 billion
- Price / Sales: 3.55
- Book Value: $8.33 per share
- Price / Book: 7.73
- Annual Dividend: $0.28
- Dividend Yield: 0.4%
- EBIDTA: $1.47 billion
- Net Margins: 14.16%
- Return on Equity: 34.24%
- Return on Assets: 11.13%
- Debt-to-Equity Ratio: 1.13%
- Current Ratio: 1.80%
- Quick Ratio: 1.39%
- Average Volume: 1.33 million shs.
- Short Ratio: 1.67
Frequently Asked Questions for Fortive Corporation (NYSE:FTV)
What is Fortive Corporation's stock symbol?
Fortive Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTV."
How often does Fortive Corporation pay dividends? What is the dividend yield for Fortive Corporation?
Fortive Corporation announced a quarterly dividend on Friday, April 14th. Shareholders of record on Friday, May 26th will be paid a dividend of $0.07 per share on Friday, June 30th. This represents a $0.28 annualized dividend and a yield of 0.43%. The ex-dividend date is Wednesday, May 24th. View Fortive Corporation's Dividend History.
How were Fortive Corporation's earnings last quarter?
Fortive Corporation (NYSE:FTV) announced its quarterly earnings results on Thursday, April, 27th. The company reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.03. The business earned $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. Fortive Corporation had a return on equity of 34.24% and a net margin of 14.16%. The company's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 earnings per share. View Fortive Corporation's Earnings History.
What guidance has Fortive Corporation issued on next quarter's earnings?
Fortive Corporation issued an update on its FY17 earnings guidance on Thursday, May, 18th. The company provided earnings per share guidance of $2.68-2.78 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.75. Fortive Corporation also updated its Q2 guidance to $0.65-0.69 EPS.
Where is Fortive Corporation's stock going? Where will Fortive Corporation's stock price be in 2017?
17 equities research analysts have issued 1 year price targets for Fortive Corporation's shares. Their forecasts range from $47.00 to $67.00. On average, they anticipate Fortive Corporation's share price to reach $58.46 in the next twelve months. View Analyst Ratings for Fortive Corporation.
Who are some of Fortive Corporation's key competitors?
Some companies that are related to Fortive Corporation include Lam Research Corporation (LRCX), Qorvo (QRVO), MACOM Technology Solutions Holdings (MTSI), Entegris (ENTG), Amkor Technology (AMKR), Brooks Automation (BRKS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Axcelis Technologies (ACLS), Nanometrics Incorporated (NANO), Photronics (PLAB), Ultra Clean Holdings (UCTT), PDF Solutions (PDFS), Xcerra Corporation (XCRA), Cohu (COHU), Camtek (CAMT), Mattson Technology (MTSN) and Ultratech (UTEK).
Who are Fortive Corporation's key executives?
Fortive Corporation's management team includes the folowing people:
- Alan G. Spoon, Independent Chairman of the Board
- James A. Lico, President, Chief Executive Officer, Director
- Charles E. McLaughlin, Chief Financial Officer, Senior Vice President
- Peter C. Underwood, Senior Vice President, General Counsel, Secretary
- Stacey A. Walker, Senior Vice President - Human Resources
- Patrick J. Byrne, Senior Vice President
- Martin Gafinowitz, Senior Vice President
- Barbara B. Hulit, Senior Vice President
- Patrick K. Murphy, Senior Vice President
- William W. Pringle, Senior Vice President
Who owns Fortive Corporation stock?
Fortive Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (6.22%), Vanguard Group Inc. (5.78%), BlackRock Inc. (4.79%), State Street Corp (3.62%), First Eagle Investment Management LLC (1.36%) and Winslow Capital Management LLC (1.27%). Company insiders that own Fortive Corporation stock include Emily A Weaver, James A Lico and Raj Ratnakar. View Institutional Ownership Trends for Fortive Corporation.
Who sold Fortive Corporation stock? Who is selling Fortive Corporation stock?
Fortive Corporation's stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Marshall Wace LLP, UBS Asset Management Americas Inc., Credit Suisse AG, Teacher Retirement System of Texas, Alliancebernstein L.P., Mackenzie Financial Corp and Boston Partners. Company insiders that have sold Fortive Corporation stock in the last year include Emily A Weaver, James A Lico and Raj Ratnakar. View Insider Buying and Selling for Fortive Corporation.
Who bought Fortive Corporation stock? Who is buying Fortive Corporation stock?
Fortive Corporation's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Prudential Financial Inc., William Blair Investment Management LLC, First Eagle Investment Management LLC, Teachers Advisors LLC and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Fortive Corporation.
How do I buy Fortive Corporation stock?
Shares of Fortive Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fortive Corporation's stock price today?
MarketBeat Community Rating for Fortive Corporation (NYSE FTV)MarketBeat's community ratings are surveys of what our community members think about Fortive Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Fortive Corporation stock can currently be purchased for approximately $64.41.
Consensus Ratings for Fortive Corporation (NYSE:FTV) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||10 Hold Ratings, 7 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.41)|
|Consensus Price Target: ||$58.46 (9.24% downside)|
Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
(Data available from 6/29/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/22/2017||Oppenheimer Holdings Inc.||Reiterated Rating||Hold||Low|
|5/2/2017||Morgan Stanley||Downgrade||Overweight -> Equal Weight||$61.00 -> $65.00||Low|
|4/30/2017||Barclays PLC||Set Price Target||Buy||$66.00||Medium|
|4/19/2017||Cowen and Company||Boost Price Target||Market Perform||$46.00 -> $52.00||Low|
|3/29/2017||SunTrust Banks, Inc.||Upgrade||Hold -> Buy||$67.00||Low|
|3/24/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$56.00 -> $66.00||Medium|
|3/23/2017||Royal Bank Of Canada||Initiated Coverage||Sector Perform||$63.00||Low|
|2/7/2017||William Blair||Reiterated Rating||Market Perform||N/A|
|1/13/2017||Credit Suisse Group AG||Upgrade||Neutral -> Outperform||$54.00 -> $60.00||N/A|
|12/15/2016||Sanford C. Bernstein||Reiterated Rating||Outperform||N/A|
|9/28/2016||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral||$47.00||N/A|
|9/23/2016||Raymond James Financial, Inc.||Initiated Coverage||Outperform||$58.00||N/A|
|8/4/2016||Citigroup Inc.||Boost Price Target||Neutral||$51.00 -> $52.00||N/A|
|7/26/2016||Bank of America Corporation||Initiated Coverage||Buy||$55.00||N/A|
|7/14/2016||Stifel Nicolaus||Initiated Coverage||Hold||N/A|
|7/8/2016||Robert W. Baird||Initiated Coverage||Neutral||$52.00||N/A|
Earnings History for Fortive Corporation (NYSE:FTV)Earnings History by Quarter for Fortive Corporation (NYSE FTV)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/27/2017||Q1 2017||$0.57||$0.60||$1.53 billion||$1.54 billion||View||N/A|
|2/7/2017||Q416||$0.67||$0.68||$1.61 billion||$1.63 billion||View||Listen|
|10/27/2016||Q316||$0.59||$0.67||$1.54 billion||$1.57 billion||View||Listen|
|8/2/2016||Q216||$0.61||$0.69||$1.56 million||$1.56 million||View||N/A|
Earnings Estimates for Fortive Corporation (NYSE:FTV)
2017 EPS Consensus Estimate: $2.68
2018 EPS Consensus Estimate: $2.92
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Fortive Corporation (NYSE:FTV)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||10.98% (Trailing 12 Months of Earnings) |
10.18% (Based on This Year's Estimates)
9.40% (Based on Next Year's Estimates)
Dividend History by Quarter for Fortive Corporation (NYSE FTV)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Fortive Corporation (NYSE:FTV)
Institutional Ownership Percentage: 79.95%Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/31/2017||Emily A. Weaver||VP||Sell||3,749||$62.27||$233,450.23|| |
|5/23/2017||Raj Ratnakar||VP||Sell||11,642||$62.31||$725,413.02|| |
|5/1/2017||James A Lico||Insider||Sell||131,994||$62.34||$8,228,505.96|| |
Headline Trends for Fortive Corporation (NYSE:FTV)
Latest Headlines for Fortive Corporation (NYSE:FTV)
|Agree To Purchase Fortive Corp At $60, Earn 5.2% Annualized Using Options|
www.nasdaq.com - June 16 at 6:01 PM
|Fortive Corporation (FTV) Presents At The William Blair 2017 Growth Stock Conference - Slideshow|
seekingalpha.com - June 16 at 6:01 PM
|TTM Technologies, Inc. Received Fortive’s 2017 Outstanding Supplier Award|
finance.yahoo.com - June 15 at 7:30 PM
|Fortive Corporation (FTV) Expected to Post Quarterly Sales of $1.62 Billion|
www.americanbankingnews.com - June 14 at 1:30 PM
|Fortive Corporation (FTV) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - June 13 at 6:43 PM
|Zacks: Brokerages Anticipate Fortive Corporation (FTV) Will Announce Earnings of $0.68 Per Share|
www.americanbankingnews.com - June 12 at 9:27 AM
|Fortive to Present at the William Blair Growth Stock Conference|
finance.yahoo.com - June 8 at 6:20 PM
|Fortive Corp (FTV) VP Emily A. Weaver Sells 3,749 Shares|
www.americanbankingnews.com - June 1 at 7:46 PM
|Research Reports Coverage on Scientific & Technical Instruments Stocks -- Fitbit, Trimble, Cognex, and Fortive|
www.bizjournals.com - May 26 at 6:00 PM
|Fortive Corp. : FTV-US: Dividend Analysis : May 26th, 2017 (record date) : By the numbers : May 25, 2017|
finance.yahoo.com - May 25 at 7:31 PM
|Fortive Corp (FTV) Downgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - May 25 at 10:08 AM
|Brokers Issue Forecasts for Fortive Corp's Q2 2017 Earnings (FTV)|
www.americanbankingnews.com - May 25 at 7:24 AM
|Fortive Corp (FTV) VP Sells $725,413.02 in Stock|
www.americanbankingnews.com - May 24 at 10:35 PM
|Fortive Corporation (FTV) Ex-Dividend Date Scheduled for May 24, 2017 - Nasdaq|
www.nasdaq.com - May 24 at 10:10 PM
|FTV Crosses Above Average Analyst Target|
www.nasdaq.com - May 24 at 12:05 PM
|Oppenheimer Holdings Inc. Reiterates "Hold" Rating for Fortive Corp (FTV)|
www.americanbankingnews.com - May 23 at 8:04 PM
|Fortive Corporation (FTV) Presents At Electrical Products Group 2017 Annual Spring Conference - Slideshow|
seekingalpha.com - May 23 at 4:58 PM
|Fortive Corp (FTV) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - May 19 at 7:31 PM
|Fortive Hosts Investor Day, Reaffirms Second Quarter and Full-Year 2017 Guidance|
finance.yahoo.com - May 18 at 10:00 AM
|Fortive Corp (FTV) Updates Q2 Earnings Guidance|
www.americanbankingnews.com - May 18 at 9:14 AM
|Fortive Corp (FTV) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - May 18 at 9:14 AM
|CORRECTING and REPLACING Fortive to Present at Electrical Products Group Conference|
finance.yahoo.com - May 17 at 5:19 PM
|Fortive Corp (FTV) Expected to Announce Quarterly Sales of $1.62 Billion|
www.americanbankingnews.com - May 17 at 9:24 AM
| Brokerages Expect Fortive Corp (FTV) Will Announce Earnings of $0.69 Per Share|
www.americanbankingnews.com - May 15 at 8:16 PM
|ETFs with exposure to Fortive Corp. : May 15, 2017|
finance.yahoo.com - May 15 at 4:58 PM
|Fortive to Present at Electrical Products Group Conference|
finance.yahoo.com - May 12 at 5:54 PM
|How Fortive (FTV) Stock Stands Out in a Strong Industry - Nasdaq|
www.nasdaq.com - May 11 at 11:04 PM
|How Fortive (FTV) Stock Stands Out in a Strong Industry|
finance.yahoo.com - May 10 at 10:36 AM
|ETFs with exposure to Fortive Corp. : May 2, 2017|
finance.yahoo.com - May 3 at 2:36 PM
|James A. Lico Sells 131,994 Shares of Fortive Corp (FTV) Stock|
www.americanbankingnews.com - May 2 at 9:20 PM
|Fortive Ready For The Turn - Seeking Alpha|
seekingalpha.com - May 2 at 12:06 PM
|Analysts' Actions -- Adobe, AMD, Chegg, Okta and More|
finance.yahoo.com - May 2 at 12:06 PM
|Fortive Corp (FTV) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS|
www.americanbankingnews.com - May 1 at 9:38 PM
|Fortive Corp (FTV) Given a $66.00 Price Target at Barclays PLC|
www.americanbankingnews.com - May 1 at 7:10 PM
|Fortive Corp. :FTV-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017|
finance.yahoo.com - May 1 at 5:06 PM
|Q3 2017 EPS Estimates for Fortive Corp (FTV) Boosted by Analyst|
www.americanbankingnews.com - May 1 at 9:02 AM
|Fortive Corp to Post Q2 2017 Earnings of $0.69 Per Share, Oppenheimer Holdings Forecasts (FTV)|
www.americanbankingnews.com - May 1 at 8:11 AM
|Fortive Corp (FTV) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - April 29 at 12:06 AM
|Fortive (FTV) Beats Earnings and Revenue Estimates in Q2 - Nasdaq|
www.nasdaq.com - April 28 at 11:25 PM
|Should You Buy Fortive Corporation (FTV) Ahead of Earnings? - Yahoo Finance|
finance.yahoo.com - April 28 at 6:24 PM
|Fortive (FTV) Beats Earnings and Revenue Estimates in Q2|
finance.yahoo.com - April 28 at 9:57 AM
|Fortive Corp (FTV) Issues Q2 Earnings Guidance|
www.americanbankingnews.com - April 27 at 7:00 PM
|Fortive Reports First Quarter 2017 Results|
finance.yahoo.com - April 27 at 5:53 PM
|Fortive Corp (FTV) Expected to Announce Quarterly Sales of $1.52 Billion|
www.americanbankingnews.com - April 27 at 2:15 PM
|Should You Buy Fortive Corporation (FTV) Ahead of Earnings?|
finance.yahoo.com - April 26 at 8:03 PM
|Fortive Corp (FTV) Expected to Announce Earnings of $0.57 Per Share|
www.americanbankingnews.com - April 25 at 10:20 AM
|Fortive Corp (FTV) Given Average Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - April 24 at 9:44 PM
|Fortive to Webcast Investor Day|
finance.yahoo.com - April 24 at 8:05 AM
|Teradyne (TER) Likely to Deliver a Surprise in Q1 Earnings|
www.nasdaq.com - April 21 at 5:21 PM
|Fortive Corp's (FTV) Market Perform Rating Reaffirmed at Cowen and Company|
www.americanbankingnews.com - April 19 at 5:00 PM
Fortive Corporation (FTV) Chart for Thursday, June, 29, 2017