Fortive Corporation Company Profile (NYSE:FTV)

About Fortive Corporation (NYSE:FTV)

Fortive Corporation 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: Semiconductor Equipment & Testing
  • Sub-Industry: N/A
  • Symbol: NYSE:FTV
  • CUSIP: N/A
  • Web: www.fortive.com
Capitalization:
  • Market Cap: $25.02 billion
  • Outstanding Shares: 347,102,000
Average Prices:
  • 50 Day Moving Avg: $70.16
  • 200 Day Moving Avg: $65.22
  • 52 Week Range: $46.81 - $73.21
P/E:
  • Trailing P/E Ratio: 28.39
  • Foreward P/E Ratio: 23.25
  • P/E Growth: 3.00
Sales & Book Value:
  • Annual Revenue: $6.36 billion
  • Price / Sales: 3.93
  • Book Value: $9.13 per share
  • Price / Book: 7.90
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 0.4%
Profitability:
  • EBITDA: $1.49 billion
  • Net Margins: 14.02%
  • Return on Equity: 32.88%
  • Return on Assets: 11.27%
Debt:
  • Debt-to-Equity Ratio: 1.01%
  • Current Ratio: 1.97%
  • Quick Ratio: 1.56%
Misc:
  • Average Volume: 1.22 million shs.
  • Beta: 0.39
  • Short Ratio: 1.79
 

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 declared a quarterly dividend on Friday, August 4th. Stockholders of record on Friday, August 25th will be given a dividend of $0.07 per share on Friday, September 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend is Wednesday, August 23rd. View Fortive Corporation's Dividend History.

How were Fortive Corporation's earnings last quarter?

Fortive Corporation (NYSE:FTV) released its quarterly earnings results on Thursday, July, 27th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.02. The business earned $1.63 billion during the quarter, compared to analyst estimates of $1.61 billion. Fortive Corporation had a return on equity of 32.88% and a net margin of 14.02%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.64 earnings per share. View Fortive Corporation's Earnings History.

When will Fortive Corporation make its next earnings announcement?

Fortive Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Fortive Corporation.

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

Fortive Corporation updated its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $2.72-$2.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.76. Fortive Corporation also updated its Q3 guidance to $0.69-$0.73 EPS.

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

12 equities research analysts have issued 12-month price targets for Fortive Corporation's shares. Their predictions range from $52.00 to $72.00. On average, they anticipate Fortive Corporation's share price to reach $65.22 in the next twelve months. View Analyst Ratings for Fortive Corporation.

Who are some of Fortive Corporation's key competitors?

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 shareholders include APG Asset Management N.V. (0.63%), Douglas Lane & Associates LLC (0.12%), Inverness Counsel LLC NY (0.10%), Mountain Pacific Investment Advisers Inc. ID (0.06%), Nationwide Fund Advisors (0.05%) and Whittier Trust Co. (0.04%). Company insiders that own Fortive Corporation stock include Charles E Mclaughlin, 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 Douglas Lane & Associates LLC, Strs Ohio, Shikiar Asset Management Inc., State Treasurer State of Michigan, Barometer Capital Management Inc., Quantitative Systematic Strategies LLC, Osborn Williams & Donohoe LLC and LS Investment Advisors LLC. Company insiders that have sold Fortive Corporation stock in the last year include Charles E Mclaughlin, 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 APG Asset Management N.V., Inverness Counsel LLC NY, Park National Corp OH, Rockefeller Financial Services Inc., Mountain Pacific Investment Advisers Inc. ID, Oakbrook Investments LLC, Whittier Trust Co. and Arcadia Investment Management Corp MI. 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?

One share of Fortive Corporation stock can currently be purchased for approximately $72.09.


MarketBeat Community Rating for Fortive Corporation (NYSE FTV)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  127 (Vote Underperform)
Total Votes:  236
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.

Analyst Ratings

Consensus Ratings for Fortive Corporation (NYSE:FTV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.42)
Consensus Price Target: $65.22 (9.53% downside)
Consensus Price Target History for Fortive Corporation (NYSE:FTV)
Price Target History for Fortive Corporation (NYSE:FTV)
Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017Royal Bank Of CanadaReiterated RatingHold$70.00N/AView Rating Details
10/9/2017Citigroup Inc.Reiterated RatingNeutral$65.00 -> $72.00N/AView Rating Details
10/2/2017Morgan StanleyReiterated RatingEqual Weight$71.00 -> $72.00LowView Rating Details
7/30/2017Stifel NicolausReiterated RatingHold$62.00LowView Rating Details
5/22/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
4/30/2017Barclays PLCSet Price TargetBuy$66.00MediumView Rating Details
4/19/2017Cowen and CompanyBoost Price TargetMarket Perform$46.00 -> $52.00LowView Rating Details
3/29/2017SunTrust Banks, Inc.UpgradeHold -> Buy$67.00LowView Rating Details
3/24/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$56.00 -> $66.00MediumView Rating Details
2/7/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
1/13/2017Credit Suisse GroupUpgradeNeutral -> Outperform$54.00 -> $60.00N/AView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingOutperformN/AView Rating Details
9/28/2016Goldman Sachs Group, Inc. (The)Initiated 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
7/26/2016Bank of America CorporationInitiated CoverageBuy$55.00N/AView Rating Details
7/8/2016Robert W. BairdInitiated CoverageNeutral$52.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Fortive Corporation (NYSE:FTV)
Earnings by Quarter for Fortive Corporation (NYSE:FTV)
Earnings History by Quarter for Fortive Corporation (NYSE FTV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.73N/AView Earnings Details
7/27/2017Q2 2017$0.69$0.71$1.61 billion$1.63 billionViewN/AView Earnings Details
4/27/2017Q1 2017$0.57$0.60$1.53 billion$1.54 billionViewN/AView Earnings Details
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
8/2/2016Q216$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 Corporation (NYSE:FTV)
2017 EPS Consensus Estimate: $2.69
2018 EPS Consensus Estimate: $3.07
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.57$0.57$0.57
Q2 20173$0.66$0.68$0.67
Q3 20173$0.69$0.74$0.71
Q4 20173$0.72$0.75$0.74
Q1 20181$0.67$0.67$0.67
Q2 20181$0.80$0.80$0.80
Q3 20181$0.80$0.80$0.80
Q4 20181$0.80$0.80$0.80
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Fortive Corporation (NYSE:FTV)
Most Recent Dividend:9/29/2017
Annual Dividend:$0.28
Dividend Yield:0.39%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:11.02% (Trailing 12 Months of Earnings)
10.00% (Based on This Year's Estimates)
9.03% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fortive Corporation (NYSE:FTV)

Dividend History by Quarter for Fortive Corporation (NYSE FTV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.070.42%8/23/20178/25/20179/29/2017
4/14/2017quarterly$0.070.46%5/24/20175/26/20176/30/2017
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 and Institutional Ownership History for Fortive Corporation (NYSE:FTV)
Insider Ownership Percentage: 12.10%
Institutional Ownership Percentage: 78.54%
Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)
Institutional Ownership by Quarter for Fortive Corporation (NYSE:FTV)
Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017Charles E. MclaughlinCFOSell6,565$66.09$433,880.85View SEC Filing  
5/31/2017Emily A. WeaverVPSell3,749$62.27$233,450.23View SEC Filing  
5/23/2017Raj RatnakarVPSell11,642$62.31$725,413.02View SEC Filing  
5/1/2017James A LicoInsiderSell131,994$62.34$8,228,505.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Fortive Corporation (NYSE:FTV)
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Chart

Fortive Corporation (FTV) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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