Fortive Corp Company Profile (NYSE:FTV)

About Fortive Corp (FTV)

Fortive Corp logoFortive 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: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: FTV
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $58.51
  • 50 Day Moving Average: $57.75
  • 200 Day Moving Average: $53.91
  • 52-Week Range: $43.00 - $59.92
  • Trailing P/E Ratio: 23.30
  • Foreward P/E Ratio: 20.03
  • P/E Growth: 3.84
  • Market Cap: $20.23B
  • Outstanding Shares: 345,899,000
Debt:
  • Debt-to-Equity Ratio: 1.25%
  • Current Ratio: 1.70%
  • Quick Ratio: 1.33%

Analyst Ratings

Consensus Ratings for Fortive Corp (NYSE:FTV) (?)
Ratings Breakdown: 11 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.35)
Consensus Price Target: $55.00 (5.97% downside)

Analysts' Ratings History for Fortive Corp (NYSE:FTV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/23/2017Royal Bank of CanadaInitiated CoverageSector Perform$63.00LowView Rating Details
2/7/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
1/18/2017Oppenheimer Holdings Inc.Initiated CoverageMarket PerformN/AView Rating Details
1/18/2017Barclays PLCReiterated RatingBuy$65.00N/AView Rating Details
1/13/2017Credit Suisse Group AGUpgradeNeutral -> Outperform$54.00 -> $60.00N/AView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingOutperformN/AView Rating Details
12/13/2016SunTrust Banks, Inc.Initiated CoverageHold$57.00N/AView Rating Details
9/28/2016Goldman Sachs Group IncInitiated CoverageNeutral$47.00N/AView Rating Details
9/23/2016Raymond James Financial, Inc.Initiated CoverageOutperform$58.00N/AView Rating Details
9/8/2016ArgusInitiated CoverageHoldN/AView Rating Details
8/4/2016Citigroup IncBoost Price TargetNeutral$51.00 -> $52.00N/AView Rating Details
8/4/2016JPMorgan Chase & Co.Reiterated RatingNeutralN/AView Rating Details
7/26/2016Bank of America CorpInitiated CoverageBuy$55.00N/AView Rating Details
7/14/2016Stifel NicolausInitiated CoverageHoldN/AView Rating Details
7/8/2016Robert W. BairdInitiated CoverageNeutral$52.00N/AView Rating Details
7/5/2016Morgan StanleyInitiated CoverageOverweight$55.00N/AView Rating Details
7/1/2016Cowen and CompanyInitiated CoverageMarket Perform$46.00N/AView Rating Details
(Data available from 3/23/2015 forward)

Earnings

Earnings History for Fortive Corp (NYSE:FTV)
Earnings by Quarter for Fortive Corp (NYSE:FTV)
Earnings History by Quarter for Fortive Corp (NYSE:FTV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/7/2017        
2/7/2017Q416$0.67$0.68$1.61 billion$1.63 billionViewListenView Earnings Details
10/27/2016Q316$0.59$0.67$1.54 billion$1.57 billionViewListenView Earnings Details
8/3/2016Q216$0.61$0.69$1.56 million$1.56 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fortive Corp (NYSE:FTV)
Current Year EPS Consensus Estimate: $2.68 EPS
Next Year EPS Consensus Estimate: $2.92 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.62$0.62$0.62
Q3 20161$0.58$0.58$0.58
Q4 20163$0.66$0.67$0.67
Q1 20173$0.57$0.57$0.57
Q2 20173$0.67$0.68$0.68
Q3 20173$0.68$0.70$0.69
Q4 20173$0.71$0.73$0.72
Q1 20181$0.61$0.61$0.61
Q2 20181$0.73$0.73$0.73
Q3 20181$0.76$0.76$0.76
Q4 20181$0.79$0.79$0.79
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Fortive Corp (NYSE:FTV)
Next Dividend:3/31/2017
Annual Dividend:$0.28
Dividend Yield:0.48%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:10.45% (Based on This Year's Estimates)
9.59% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fortive Corp (NYSE:FTV)

Dividend History by Quarter for Fortive Corp (NYSE:FTV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/25/2017quarterly$0.070.51%2/22/20172/24/20173/31/2017
11/4/2016quarterly$0.070.55%11/22/201611/25/201612/30/2016
8/5/2016special$0.078/24/20168/26/20169/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Fortive Corp (NYSE:FTV)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Fortive Corp (NYSE:FTV)
Latest Headlines for Fortive Corp (NYSE:FTV)
Source:
DateHeadline
finance.yahoo.com logoFortive to Present at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference (NYSE:FTV)
finance.yahoo.com - March 17 at 5:38 PM
fool.com logoBetter Buy: Danaher Corporation vs. Fortive Corp (NYSE:FTV)
www.fool.com - March 9 at 10:27 AM
finance.yahoo.com logoFortive to Present at J.P. Morgan Aviation, Transportation and Industrials Conference (NYSE:FTV)
finance.yahoo.com - March 7 at 5:05 PM
bizjournals.com logoTektronix taps former Cisco exec for commercial president (NYSE:FTV)
www.bizjournals.com - March 7 at 11:30 AM
finance.yahoo.com logoFORTIVE CORP Financials (NYSE:FTV)
finance.yahoo.com - March 3 at 5:21 PM
seekingalpha.com logoIt and its peers have performed strongly recently, although the outlook for industrial production is only fair. - Seeking Alpha (NYSE:FTV)
seekingalpha.com - March 1 at 5:00 PM
biz.yahoo.com logoFORTIVE CORP Files SEC form 10-K, Annual Report (NYSE:FTV)
biz.yahoo.com - February 28 at 8:43 AM
nasdaq.com logoFortive Corporation (FTV) Ex-Dividend Date Scheduled for February 22, 2017 - Nasdaq (NYSE:FTV)
www.nasdaq.com - February 22 at 11:14 AM
finance.yahoo.com logoFortive to Present at the Barclays Industrial Select Conference (NYSE:FTV)
finance.yahoo.com - February 16 at 5:16 PM
biz.yahoo.com logoFORTIVE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:FTV)
us.rd.yahoo.com - February 8 at 5:53 PM
finance.yahoo.com logoEdited Transcript of FTV earnings conference call or presentation 7-Feb-17 10:30pm GMT (NYSE:FTV)
finance.yahoo.com - February 8 at 5:53 PM
seekingalpha.com logoFortive Corporation's (FTV) CEO Jim Lico on Q4 2016 Results - Earnings Call Transcript (NYSE:FTV)
seekingalpha.com - February 8 at 1:46 AM
finance.yahoo.com logoFortive Reports Fourth Quarter 2016 Results and Initiates 2017 Guidance (NYSE:FTV)
finance.yahoo.com - February 7 at 8:45 PM
finance.yahoo.com logo4:22 pm Fortive beats by $0.01, reports revs in-line; guides Q1 EPS in-line; guides FY17 EPS in-line (NYSE:FTV)
finance.yahoo.com - February 7 at 8:45 PM
biz.yahoo.com logoQ4 2016 Fortive Corp Earnings Release - After Market Close (NYSE:FTV)
biz.yahoo.com - February 7 at 3:43 PM
nasdaq.com logoElectronic Stock Q4 Earnings Due on Feb 7: FTV, AME & More - Nasdaq (NYSE:FTV)
www.nasdaq.com - February 6 at 11:15 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Fortive Corp. (FTV) (NYSE:FTV)
finance.yahoo.com - February 3 at 5:45 PM
finance.yahoo.com logoDanaher (DHR) Q4 Earnings & Revenues Top, Increase Y/Y (NYSE:FTV)
finance.yahoo.com - January 31 at 6:01 PM
nasdaq.com logoFortive Corp Reaches Analyst Target Price (NYSE:FTV)
www.nasdaq.com - January 30 at 11:57 AM

Social

Frequently Asked Questions for Fortive Corp (NYSE:FTV)

What is Fortive Corp's stock symbol?

Fortive Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTV."

How often does Fortive Corp pay dividends? What is the dividend yield for Fortive Corp?

Fortive Corp announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Friday, February 24th will be given a dividend of $0.07 per share on Friday, March 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend is Wednesday, February 22nd.

How were Fortive Corp's earnings last quarter?

Fortive Corp (NYSE:FTV) announced its earnings results on Tuesday, February, 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.01. The firm earned $1.63 billion during the quarter, compared to analyst estimates of $1.61 billion. The business's revenue for the quarter was up 3.3% compared to the same quarter last year.

When will Fortive Corp make its next earnings announcement?

Fortive Corp is scheduled to release their next quarterly earnings announcement on Tuesday, February, 7th 2017.

What guidance has Fortive Corp issued on next quarter's earnings?

Fortive Corp updated its FY17 earnings guidance on Tuesday, February, 7th. The company provided earnings per share guidance of $2.60-2.70 for the period, compared to the Thomson Reuters consensus estimate of $2.69. Fortive Corp also updated its Q1 guidance to $0.54-0.58 EPS.

Where is Fortive Corp's stock going? Where will Fortive Corp's stock price be in 2017?

17 analysts have issued 12 month target prices for Fortive Corp's stock. Their forecasts range from $46.00 to $65.00. On average, they expect Fortive Corp's share price to reach $55.00 in the next year.

Who owns Fortive Corp stock?

Fortive Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (6.05%), State Street Corp (3.58%), Brown Advisory Inc. (2.05%), Norges Bank (0.75%), Allianz Asset Management AG (0.48%) and Franklin Resources Inc. (0.47%).

Who sold Fortive Corp stock? Who is selling Fortive Corp stock?

Fortive Corp's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, FMR LLC, Brown Advisory Inc., Marshall Wace LLP, Kingdon Capital Management L.L.C., Baird Financial Group Inc., Janus Capital Management LLC and FIL Ltd.

Who bought Fortive Corp stock? Who is buying Fortive Corp stock?

Fortive Corp's stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Luminus Management LLC, Russell Investments Group Ltd., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Asset Management One Co. Ltd., Two Sigma Investments LP, Elkfork Partners LLC and Putnam Investments LLC.

How do I buy Fortive Corp stock?

Shares of Fortive Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Fortive Corp stock cost?

One share of Fortive Corp stock can currently be purchased for approximately $58.49.

Fortive Corp (FTV) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff