NYSE:FTV - Fortive Stock Price, News, & Analysis

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$80.03 -0.19 (-0.24 %)
(As of 10/19/2018 08:00 AM ET)
Previous Close$80.22
Today's Range$79.74 - $80.85
52-Week Range$69.03 - $88.34
Volume2.62 million shs
Average Volume11.42 million shs
Market Capitalization$28.01 billion
P/E Ratio24.46
Dividend Yield0.35%
Beta0.56
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Professional Instrumentation segment provides test tools, and thermal imaging and calibration equipment for electrical, industrial, electronic, and calibration applications; online condition-based monitoring equipment; portable gas detection equipment, consumables, and software as a service offerings; subscription-based technical, analytical, and compliance services; and maintenance management software for critical infrastructure in utility, industrial, energy, construction, public safety, mining, and healthcare applications. This segment also provides product realization services and products that help developers and engineers across the end-to-end product creation cycle from concepts to finished products; materials components; and devices that sense, monitor, and control operational or manufacturing variables. This segment markets its products and services under the FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, INDUSTRIAL SCIENTIFIC, LANDAUER, QUALITROL, INVETECH, KEITHLEY, PACIFIC SCIENTIFIC ENERGETIC MATERIALS COMPANY, SONIX, and TEKTRONIX brands. Its Industrial Technologies segment offers solutions and services for use in fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking, and fleet and traffic management under the ANGI, GASBOY, GILBARCO, GILBARCO AUTOTANK, ORPAK, and VEEDER-ROOT brands; and various electromechanical and electronic motion control products, mechanical components, and supplemental braking systems for commercial vehicles under the DYNAPAR, HENGSTLER, JAKE BRAKE, KOLLMORGEN, PORTESCAP, and THOMSON brands. It also offers professional tools, toolboxes, and automotive diagnostic equipment under the MATCO brand; and wheel service equipment under the COATS brand. The company was incorporated in 2016 and is headquartered in Everett, Washington.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Process control instruments
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:FTV
CUSIPN/A
Phone425-446-5000

Debt

Debt-to-Equity Ratio0.52
Current Ratio1.96
Quick Ratio1.68

Price-To-Earnings

Trailing P/E Ratio24.46
Forward P/E Ratio23.13
P/E Growth1.93

Sales & Book Value

Annual Sales$6.66 billion
Price / Sales4.20
Cash Flow$3.4318 per share
Price / Cash23.32
Book Value$10.96 per share
Price / Book7.30

Profitability

EPS (Most Recent Fiscal Year)$2.89
Net Income$1.04 billion
Net Margins16.38%
Return on Equity27.22%
Return on Assets10.92%

Miscellaneous

Employees26,000
Outstanding Shares349,150,000
Market Cap$28.01 billion

Fortive (NYSE:FTV) Frequently Asked Questions

What is Fortive's stock symbol?

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

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

Fortive announced a quarterly dividend on Friday, August 3rd. Stockholders of record on Friday, August 31st will be paid a dividend of $0.07 per share on Friday, September 28th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, August 30th. View Fortive's Dividend History.

How were Fortive's earnings last quarter?

Fortive Corp (NYSE:FTV) posted its quarterly earnings data on Thursday, July, 26th. The technology company reported $0.91 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.89 by $0.02. The technology company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.83 billion. Fortive had a return on equity of 27.22% and a net margin of 16.38%. The business's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the business posted $0.71 EPS. View Fortive's Earnings History.

When is Fortive's next earnings date?

Fortive is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Fortive.

How can I listen to Fortive's earnings call?

Fortive will be holding an earnings conference call on Thursday, October 25th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8444432871.

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

Fortive updated its FY18 earnings guidance on Thursday, July, 26th. The company provided EPS guidance of $3.42-3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.47. Fortive also updated its Q3 guidance to $0.83-0.87 EPS.

What price target have analysts set for FTV?

12 equities research analysts have issued 12-month price objectives for Fortive's stock. Their predictions range from $72.00 to $94.00. On average, they anticipate Fortive's share price to reach $85.6364 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Fortive.

What is the consensus analysts' recommendation for Fortive?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fortive.

Are investors shorting Fortive?

Fortive saw a increase in short interest during the month of September. As of September 28th, there was short interest totalling 76,701,833 shares, an increase of 127.1% from the September 14th total of 33,778,164 shares. Based on an average daily volume of 17,853,853 shares, the days-to-cover ratio is currently 4.3 days. Approximately 24.8% of the company's stock are short sold. View Fortive's Current Options Chain.

Who are some of Fortive's key competitors?

Who are Fortive's key executives?

Fortive's management team includes the folowing people:
  • Mr. James A. Lico, Pres, CEO & Director (Age 52)
  • Mr. Charles E. McLaughlin, CFO & Sr. VP (Age 57)
  • Mr. Martin Gafinowitz, Sr. VP (Age 59)
  • Mr. William W. Pringle, Sr. VP (Age 50)
  • Ms. Barbara B. Hulit, Sr. VP (Age 51)

Who are Fortive's major shareholders?

Fortive's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include First Manhattan Co. (0.24%), Sumitomo Mitsui Asset Management Company LTD (0.13%), Douglas Lane & Associates LLC (0.11%), Welch & Forbes LLC (0.10%), Aperio Group LLC (0.08%) and Capital Investment Services of America Inc. (0.05%). Company insiders that own Fortive stock include Alan G Spoon, Barbara B Hulit, Charles E Mclaughlin, Emily A Weaver, James A Lico, Raj Ratnakar, Stacey A Walker and William W Pringle. View Institutional Ownership Trends for Fortive.

Which institutional investors are selling Fortive stock?

FTV stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Sumitomo Mitsui Asset Management Company LTD, Denali Advisors LLC, Mitsubishi UFJ Asset Management UK Ltd., Addenda Capital Inc., Gofen & Glossberg LLC IL, Park National Corp OH and DAVENPORT & Co LLC. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Charles E Mclaughlin, Emily A Weaver, James A Lico, Raj Ratnakar, Stacey A Walker and William W Pringle. View Insider Buying and Selling for Fortive.

Which institutional investors are buying Fortive stock?

FTV stock was purchased by a variety of institutional investors in the last quarter, including Clinton Group Inc., First American Bank, Capital Investment Services of America Inc., Sky Investment Group LLC, First Manhattan Co., Douglas Lane & Associates LLC, Nisa Investment Advisors LLC and First Hawaiian Bank. View Insider Buying and Selling for Fortive.

How do I buy shares of Fortive?

Shares of FTV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fortive's stock price today?

One share of FTV stock can currently be purchased for approximately $80.03.

How big of a company is Fortive?

Fortive has a market capitalization of $28.01 billion and generates $6.66 billion in revenue each year. The technology company earns $1.04 billion in net income (profit) each year or $2.89 on an earnings per share basis. Fortive employs 26,000 workers across the globe.

What is Fortive's official website?

The official website for Fortive is http://www.fortive.com.

How can I contact Fortive?

Fortive's mailing address is 6920 SEAWAY BLVD., EVERETT WA, 98203. The technology company can be reached via phone at 425-446-5000 or via email at [email protected]


MarketBeat Community Rating for Fortive (NYSE FTV)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  493
MarketBeat's community ratings are surveys of what our community members think about Fortive and other stocks. Vote "Outperform" if you believe FTV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/19/2018 by MarketBeat.com Staff

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