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: $22.95035 billion
- Outstanding Shares: 347,102,000
- 50 Day Moving Avg: $64.62
- 200 Day Moving Avg: $61.52
- 52 Week Range: $46.81 - $67.48
Sales & Book Value:
- Trailing P/E Ratio: 26.05
- Foreward P/E Ratio: 21.69
- P/E Growth: 2.94
- Annual Revenue: $6.36 billion
- Price / Sales: 3.61
- Book Value: $9.13 per share
- Price / Book: 7.25
- Annual Dividend: $0.28
- Dividend Yield: 0.4%
- EBIDTA: $1.49 billion
- Net Margins: 14.02%
- Return on Equity: 32.88%
- Return on Assets: 11.27%
- Debt-to-Equity Ratio: 1.01%
- Current Ratio: 1.97%
- Quick Ratio: 1.56%
- Average Volume: 1.37 million shs.
- Beta: 0.23
- 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 announced a quarterly dividend on Friday, August 4th. Investors 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 yield of 0.42%. The ex-dividend date 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 data on Thursday, July, 27th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.69 by $0.02. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.61 billion. Fortive Corporation had a return on equity of 32.88% and a net margin of 14.02%. Fortive Corporation's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.64 earnings per share. View Fortive Corporation's Earnings History.
When will Fortive Corporation make its next earnings announcement?
What guidance has Fortive Corporation issued on next quarter's earnings?
Fortive Corporation issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of $2.72-$2.80 for the period, compared to the Thomson Reuters consensus 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?
14 analysts have issued twelve-month price objectives for Fortive Corporation's shares. Their predictions range from $47.00 to $67.00. On average, they anticipate Fortive Corporation's share price to reach $60.90 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), Entegris (ENTG), MACOM Technology Solutions Holdings (MTSI), Amkor Technology (AMKR), Brooks Automation (BRKS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Ultra Clean Holdings (UCTT), Chipmos Technologies (IMOS), Nanometrics Incorporated (NANO), Axcelis Technologies (ACLS), Photronics (PLAB), Xcerra Corporation (XCRA), Cohu (COHU), PDF Solutions (PDFS), Camtek (CAMT) and Mattson Technology (MTSN).
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 many different of retail and institutional investors. Top institutional investors include FMR LLC (6.20%), Vanguard Group Inc. (5.94%), BlackRock Inc. (5.33%), State Street Corp (3.55%), Capital World Investors (2.83%) and Northern Trust Corp (1.20%). 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 First Eagle Investment Management LLC, Voya Investment Management LLC, Winslow Capital Management LLC, Prudential Financial Inc., Alliancebernstein L.P., BNP Paribas Arbitrage SA, Evercore Trust Company N.A. and State Street Corp. 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 Capital World Investors, Bessemer Group Inc., BlackRock Inc., JPMorgan Chase & Co., TIAA CREF Investment Management LLC, Vanguard Group Inc., Baillie Gifford & Co. and Cibc World Markets Corp. 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 $66.15.
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: ||8 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.43)|
|Consensus Price Target: ||$60.90 (7.94% downside)|
Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
(Data available from 8/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/30/2017||Royal Bank Of Canada||Reiterated Rating||Sector Perform||$65.00 -> $66.00||Low|
|7/30/2017||Stifel Nicolaus||Reiterated Rating||Hold||$62.00||Low|
|7/11/2017||Morgan Stanley||Reiterated Rating||Equal Weight||Low|
|5/22/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||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|
|2/7/2017||William Blair||Reiterated Rating||Market Perform||N/A|
|1/13/2017||Credit Suisse Group||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|
|7/8/2016||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|
|10/26/2017|| || || || || || || || |
|7/27/2017||Q2 2017||$0.69||$0.71||$1.61 billion||$1.63 billion||View||N/A|
|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:||11.02% (Trailing 12 Months of Earnings) |
10.07% (Based on This Year's Estimates)
9.18% (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|
Headline Trends for Fortive Corporation (NYSE:FTV)
Latest Headlines for Fortive Corporation (NYSE:FTV)
|Charles E. Mclaughlin Sells 6,565 Shares of Fortive Corporation (FTV) Stock|
www.americanbankingnews.com - August 16 at 10:28 PM
|ETFs with exposure to Fortive Corp. : August 14, 2017|
finance.yahoo.com - August 14 at 7:12 PM
|Earnings Review and Free Research Report: Fortive’s Second-Quarter Results Beat Estimates; Update on Industrial Scientific’s Acquisition|
finance.yahoo.com - August 10 at 8:12 PM
|Comparing Fortive Corporation (NYSE:FTV) & Axcelis Technologies (ACLS)|
www.americanbankingnews.com - August 10 at 12:46 PM
|Analyzing Fortive Corporation (NYSE:FTV) and Kulicke and Soffa Industries (KLIC)|
www.americanbankingnews.com - August 5 at 7:09 AM
|Fortive Corporation (FTV) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - August 4 at 8:44 PM
|Fortive Corporation Plans Quarterly Dividend of $0.07 (NYSE:FTV)|
www.americanbankingnews.com - August 4 at 6:22 PM
|These 25 stocks in the S&P 500 just hit record highs|
www.marketwatch.com - August 3 at 3:45 PM
|$1.62 Billion in Sales Expected for Fortive Corporation (FTV) This Quarter|
www.americanbankingnews.com - August 1 at 8:05 AM
|Fortive Corp. :FTV-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017|
finance.yahoo.com - July 31 at 6:31 PM
|Fortive Corporation's (NYSE:FTV) Sector Perform Rating Reaffirmed at Royal Bank Of Canada|
www.americanbankingnews.com - July 30 at 9:10 PM
|Fortive Corporation's (FTV) "Hold" Rating Reiterated at Stifel Nicolaus|
www.americanbankingnews.com - July 30 at 10:19 AM
|Fortive Corporation (FTV) Announces Earnings Results|
www.americanbankingnews.com - July 29 at 7:17 PM
|Fortive Technologies (FTV) Beats on Q2 Earnings & Revenues|
www.zacks.com - July 29 at 2:05 AM
|Industrial Scientific Welcomes New Owner, Fortive Corporation|
www.marketwatch.com - July 29 at 2:05 AM
|Fortive (FTV) PT Raised to $66 at RBC Capital Following 2Q Beat - StreetInsider.com|
www.streetinsider.com - July 28 at 9:02 PM
|Fortive Corporation's (FTV) CEO Jim Lico on Q1 2017 Results ... - Seeking Alpha|
seekingalpha.com - July 28 at 9:02 PM
|Edited Transcript of FTV earnings conference call or presentation 27-Jul-17 9:30pm GMT|
finance.yahoo.com - July 28 at 9:02 PM
|Industrial Scientific acquired by Fortive Corp. - Pittsburgh Business ... - Pittsburgh Business Times|
www.bizjournals.com - July 28 at 5:27 AM
|Fortive Corporation (NYSE:FTV) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - July 27 at 9:21 PM
|Fortive Corporation (FTV) Releases Q3 Earnings Guidance|
www.americanbankingnews.com - July 27 at 9:21 PM
|Fortive Reports Second Quarter 2017 Results and Announces Agreement to Acquire Industrial Scientific Corporation - Business Wire (press release)|
www.businesswire.com - July 27 at 7:24 PM
|Fortive Reports Second Quarter 2017 Results and Announces Agreement to Acquire Industrial Scientific Corporation|
finance.yahoo.com - July 27 at 7:24 PM
|Fortive (FTV) Likely to Deliver a Surprise in Q2 Earnings - Nasdaq|
www.nasdaq.com - July 27 at 5:30 AM
|Fortive (FTV) Likely to Deliver a Surprise in Q2 Earnings|
finance.yahoo.com - July 26 at 7:24 PM
|Why Earnings Season Could Be Great for Fortive (FTV)|
finance.yahoo.com - July 26 at 7:24 PM
|Fortive Corporation (NYSE:FTV) Raised to Buy at Zacks Investment Research|
www.americanbankingnews.com - July 24 at 10:57 PM
|KLA-Tencor (KLAC) Q4 Earnings: Is a Surprise in the Cards?|
finance.yahoo.com - July 24 at 8:19 PM
|ETFs with exposure to Fortive Corp. : July 24, 2017|
finance.yahoo.com - July 24 at 8:19 PM
|Fortive Corp. breached its 50 day moving average in a Bearish Manner : FTV-US : July 24, 2017|
finance.yahoo.com - July 24 at 9:20 AM
|Stock Traders Buy Large Volume of Fortive Corporation Put Options (FTV)|
www.americanbankingnews.com - July 19 at 8:15 AM
|ETFs with exposure to Fortive Corp. : July 14, 2017|
finance.yahoo.com - July 14 at 7:49 PM
|Morgan Stanley Reiterates "Equal Weight" Rating for Fortive Corporation (FTV)|
www.americanbankingnews.com - July 11 at 7:08 AM
|Fortive Corporation (FTV) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - July 10 at 8:52 PM
| Analysts Anticipate Fortive Corporation (FTV) Will Announce Quarterly Sales of $1.62 Billion|
www.americanbankingnews.com - July 8 at 10:30 AM
|$0.68 EPS Expected for Fortive Corporation (NYSE:FTV) This Quarter|
www.americanbankingnews.com - July 6 at 7:35 AM
|Fortive Corp. – Value Analysis (NYSE:FTV) : July 3, 2017|
finance.yahoo.com - July 3 at 6:35 PM
|Fortive Corp. breached its 50 day moving average in a Bearish Manner : FTV-US : June 30, 2017|
finance.yahoo.com - June 30 at 7:09 PM
|Fortive Schedules Second Quarter 2017 Earnings Conference Call|
finance.yahoo.com - June 29 at 10:18 PM
|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
Fortive Corporation (FTV) Chart for Thursday, August, 17, 2017