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: $62.33
  • 50 Day Moving Average: $59.83
  • 200 Day Moving Average: $55.54
  • 52-Week Range: $43.00 - $62.73
  • Trailing P/E Ratio: 24.80
  • Foreward P/E Ratio: 21.25
  • P/E Growth: 3.91
  • Market Cap: $21.53B
  • 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: 9 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.47)
Consensus Price Target: $57.62 (7.45% downside)

Analysts' Ratings History for Fortive Corp (NYSE:FTV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
3/24/2017JPMorgan Chase & Co.UpgradeNeutral -> Overweight$56.00 -> $66.00MediumView Rating Details
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
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
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
(Data available from 4/27/2015 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
4/27/2017        
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
8/2/2016Q216$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 Corp (NYSE:FTV)
2017 EPS Consensus Estimate: $2.66
2018 EPS Consensus Estimate: $2.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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$0.74$0.73
Q1 20181$0.62$0.62$0.62
Q2 20181$0.74$0.74$0.74
Q3 20181$0.76$0.76$0.76
Q4 20181$0.80$0.80$0.80
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Fortive Corp (NYSE:FTV)
Next Dividend:6/30/2017
Annual Dividend:$0.28
Dividend Yield:0.45%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:10.41% (Based on This Year's Estimates)
9.56% (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
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 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 logoShould You Buy Fortive Corporation (FTV) Ahead of Earnings?
finance.yahoo.com - April 26 at 8:03 PM
americanbankingnews.com logoFortive Corp (FTV) Expected to Announce Earnings of $0.57 Per Share
www.americanbankingnews.com - April 25 at 10:20 AM
americanbankingnews.com logoFortive Corp (FTV) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 24 at 9:44 PM
finance.yahoo.com logoFortive to Webcast Investor Day
finance.yahoo.com - April 24 at 8:05 AM
nasdaq.com logoTeradyne (TER) Likely to Deliver a Surprise in Q1 Earnings
www.nasdaq.com - April 21 at 5:21 PM
americanbankingnews.com logoFortive Corp's (FTV) Market Perform Rating Reaffirmed at Cowen and Company
www.americanbankingnews.com - April 19 at 5:00 PM
msn.com logoWhat to Expect from Lam Research (LRCX) in Q3 Earnings?
www.msn.com - April 17 at 11:24 AM
seekingalpha.com logoThe FCF 5: Does Danaher Pass My 5 Free Cash Flow Tests?
seekingalpha.com - April 17 at 11:24 AM
americanbankingnews.com logoFortive Corp to Issue Quarterly Dividend of $0.07 (FTV)
www.americanbankingnews.com - April 14 at 6:14 PM
finance.yahoo.com logoFortive Declares Regular Dividend
finance.yahoo.com - April 13 at 5:10 PM
americanbankingnews.com logoFortive Corp (FTV) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - April 12 at 1:22 PM
zacks.com logoWill Danaher Continue to Witness Growth on DBS Strength?
www.zacks.com - April 10 at 11:28 AM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : April 7, 2017
finance.yahoo.com - April 7 at 5:14 PM
biz.yahoo.com logoFORTIVE CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - March 31 at 5:24 PM
americanbankingnews.com logoSunTrust Banks Equities Analysts Lift Earnings Estimates for Fortive Corp (FTV)
www.americanbankingnews.com - March 31 at 12:53 PM
americanbankingnews.com logoFortive Corp (FTV) Sees Large Increase in Short Interest
www.americanbankingnews.com - March 31 at 9:50 AM
americanbankingnews.com logoQ4 2017 Earnings Forecast for Fortive Corp Issued By SunTrust Banks (FTV)
www.americanbankingnews.com - March 30 at 10:55 AM
americanbankingnews.com logoJPMorgan Chase & Co. Upgrades Fortive Corp (FTV) to "Overweight"
www.americanbankingnews.com - March 30 at 8:23 AM
finance.yahoo.com logoFortive upgraded by SunTrust
finance.yahoo.com - March 29 at 5:49 PM
americanbankingnews.com logoFortive Corp (FTV) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 29 at 12:55 PM
americanbankingnews.com logoFortive Corp (FTV) Upgraded to Buy by SunTrust Banks, Inc.
www.americanbankingnews.com - March 29 at 10:14 AM
finance.yahoo.com logoFortive Schedules First Quarter 2017 Earnings Conference Call
finance.yahoo.com - March 28 at 4:58 PM
americanbankingnews.com logoFortive Corp (FTV) Upgraded to Overweight at JPMorgan Chase & Co.
www.americanbankingnews.com - March 24 at 3:01 PM
seekingalpha.com logoFortive Corporation (FTV) Presents At Bank of America Merrill Lynch Global Industrials & EU Autos Conference - Slideshow
seekingalpha.com - March 23 at 10:49 PM
americanbankingnews.com logoFortive Corp (FTV) Coverage Initiated at Royal Bank of Canada
www.americanbankingnews.com - March 23 at 10:43 PM
finance.yahoo.com logoFortive to Present at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference
finance.yahoo.com - March 17 at 5:38 PM
fool.com logoBetter Buy: Danaher Corporation vs. Fortive Corp
www.fool.com - March 9 at 10:27 AM
finance.yahoo.com logoFortive to Present at J.P. Morgan Aviation, Transportation and Industrials Conference
finance.yahoo.com - March 7 at 5:05 PM
bizjournals.com logoTektronix taps former Cisco exec for commercial president
www.bizjournals.com - March 7 at 11:30 AM
finance.yahoo.com logoFORTIVE CORP Financials
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
seekingalpha.com - March 1 at 5:00 PM
biz.yahoo.com logoFORTIVE CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 8:43 AM
nasdaq.com logoFortive Corporation (FTV) Ex-Dividend Date Scheduled for February 22, 2017 - Nasdaq
www.nasdaq.com - February 22 at 11:14 AM
finance.yahoo.com logoFortive to Present at the Barclays Industrial Select Conference
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
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
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
seekingalpha.com - February 8 at 1:46 AM
finance.yahoo.com logoFortive Reports Fourth Quarter 2016 Results and Initiates 2017 Guidance
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
finance.yahoo.com - February 7 at 8:45 PM
biz.yahoo.com logoQ4 2016 Fortive Corp Earnings Release - After Market Close
biz.yahoo.com - February 7 at 3:43 PM
nasdaq.com logoElectronic Stock Q4 Earnings Due on Feb 7: FTV, AME & More - Nasdaq
www.nasdaq.com - February 6 at 11:15 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Fortive Corp. (FTV)
finance.yahoo.com - February 3 at 5:45 PM
finance.yahoo.com logoDanaher (DHR) Q4 Earnings & Revenues Top, Increase Y/Y
finance.yahoo.com - January 31 at 6:01 PM
nasdaq.com logoFortive Corp Reaches Analyst Target Price
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 Friday, April 14th. Stockholders 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 dividend yield of 0.45%. The ex-dividend date is Wednesday, May 24th.

How were Fortive Corp's earnings last quarter?

Fortive Corp (NYSE:FTV) released its earnings results on Tuesday, February, 7th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.67 by $0.01. The business earned $1.63 billion during the quarter, compared to analyst estimates of $1.61 billion. The company's quarterly revenue was up 3.3% on a year-over-year basis.

When will Fortive Corp make its next earnings announcement?

Fortive Corp is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

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

Fortive Corp issued an update on 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 brokers have issued 12-month price targets for Fortive Corp's shares. Their forecasts range from $47.00 to $67.00. On average, they expect Fortive Corp's stock price to reach $57.62 in the next twelve months.

Are investors shorting Fortive Corp?

Fortive Corp saw a increase in short interest in March. As of March 15th, there was short interest totalling 1,709,811 shares, an increase of 50.1% from the February 28th total of 1,139,385 shares. Based on an average daily trading volume, of 1,470,574 shares, the days-to-cover ratio is currently 1.2 days.

Who owns Fortive Corp stock?

Fortive Corp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.26%), First Manhattan Co. (0.21%), Chevy Chase Trust Holdings Inc. (0.16%), Douglas Lane & Associates LLC (0.13%), DAVENPORT & Co LLC (0.10%) and Glen Harbor Capital Management LLC (0.09%).

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 Retirement Systems of Alabama, Korea Investment CORP, DAVENPORT & Co LLC, Factory Mutual Insurance Co., Bank of Montreal Can, Glen Harbor Capital Management LLC, Sawgrass Asset Management LLC and Huntington National Bank.

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

Fortive Corp's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., First Manhattan Co., National Pension Service, Pensionfund DSM Netherlands, Janney Montgomery Scott LLC, Douglas Lane & Associates LLC, First Western Capital Management Co and Pensionfund Sabic.

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 $62.25.

Fortive Corp (FTV) Chart for Thursday, April, 27, 2017

This page was last updated on 4/27/2017 by MarketBeat.com Staff