About Fortive Corporation (NYSE:FTV)
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
- Sub-Industry: N/A
- Symbol: NYSE:FTV
- CUSIP: N/A
- Web: www.fortive.com
- Market Cap: $25.02 billion
- Outstanding Shares: 347,102,000
- 50 Day Moving Avg: $70.16
- 200 Day Moving Avg: $65.22
- 52 Week Range: $46.81 - $73.21
Sales & Book Value:
- Trailing P/E Ratio: 28.39
- Foreward P/E Ratio: 23.25
- P/E Growth: 3.00
- Annual Revenue: $6.36 billion
- Price / Sales: 3.93
- Book Value: $9.13 per share
- Price / Book: 7.90
- Annual Dividend: $0.28
- Dividend Yield: 0.4%
- EBITDA: $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: 1.22 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?
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?
Some companies that are related to Fortive Corporation include Lam Research Corporation (LRCX), Chipmos Technologies (IMOS), Qorvo (QRVO), Entegris (ENTG), Amkor Technology (AMKR), MACOM Technology Solutions Holdings (MTSI), Brooks Automation (BRKS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Ultra Clean Holdings (UCTT), Axcelis Technologies (ACLS), Nanometrics Incorporated (NANO), Cohu (COHU), Photronics (PLAB), Xcerra Corporation (XCRA), PDF Solutions (PDFS), Camtek LTD. (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 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?
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 $72.09.
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: ||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)
Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/11/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$70.00||N/A|
|10/9/2017||Citigroup Inc.||Reiterated Rating||Neutral||$65.00 -> $72.00||N/A|
|10/2/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$71.00 -> $72.00||Low|
|7/30/2017||Stifel Nicolaus||Reiterated Rating||Hold||$62.00||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|
|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|
|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: $2.69
2018 EPS Consensus Estimate: $3.07
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Fortive Corporation (NYSE:FTV)
|Most Recent Dividend:||9/29/2017|
|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 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)
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Fortive Corporation (FTV) Chart for Tuesday, October, 24, 2017