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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:FTV

Fortive Stock Forecast, Price & News

$54.87
+0.49 (+0.90%)
(As of 07/1/2022 03:59 PM ET)
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Today's Range
$53.90
$55.12
50-Day Range
$53.56
$63.67
52-Week Range
$53.05
$79.87
Volume
54,181 shs
Average Volume
2.29 million shs
Market Capitalization
$19.67 billion
P/E Ratio
30.48
Dividend Yield
0.51%
Price Target
$78.33

Fortive MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
42.8% Upside
$78.33 Price Target
Short Interest
Healthy
1.17% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.49
Upright™ Environmental Score
News Sentiment
0.36mentions of Fortive in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$1.01 M Bought Last Quarter
Proj. Earnings Growth
10.46%
From $3.06 to $3.38 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.62 out of 5 stars

Computer And Technology Sector

74th out of 936 stocks

Process Control Instruments Industry

2nd out of 17 stocks

30 days | 90 days | 365 days | Advanced Chart

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Fortive logo

About Fortive (NYSE:FTV) Stock

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets. This segment markets its products under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands. Its Advanced Healthcare Solutions segment offers hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services; subscription-based surgical inventory management systems to facilitate inventory management and regulatory compliance, as well as technical, analytical, and compliance services to determine radiation exposure services under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

FTV Stock News Headlines

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Fortive Co. (NYSE:FTV) Short Interest Update
Analysts Set Fortive Co. (NYSE:FTV) Price Target at $79.27
Fortive Releases 2022 Sustainability (ESG) Report
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Analyst Ratings for Fortive - Benzinga
See More Headlines

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
N/A
Fax
N/A
Employees
18,000
Year Founded
N/A

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 6/24 Dividend
5/26/2022
Dividend Payable
6/24/2022
Today
7/05/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$78.33
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
+42.8%
Consensus Rating
Hold
Rating Score (0-4)
2.45454545454545
Research Coverage
11 Analysts

Profitability

Net Income
$608.40 million
Pretax Margin
13.96%

Debt

Sales & Book Value

Annual Sales
$5.25 billion
Cash Flow
$3.88 per share
Book Value
$26.54 per share

Miscellaneous

Free Float
342,676,000
Market Cap
$19.67 billion
Optionable
Optionable
Beta
1.11














Fortive Frequently Asked Questions

Should I buy or sell Fortive stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Fortive stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTV, but not buy additional shares or sell existing shares.
View analyst ratings for Fortive
or view top-rated stocks.

What is Fortive's stock price forecast for 2022?

11 Wall Street analysts have issued 1 year target prices for Fortive's stock. Their FTV stock forecasts range from $58.00 to $95.00. On average, they expect Fortive's share price to reach $78.33 in the next year. This suggests a possible upside of 42.8% from the stock's current price.
View analysts' price targets for Fortive
or view top-rated stocks among Wall Street analysts.

How has Fortive's stock performed in 2022?

Fortive's stock was trading at $76.29 on January 1st, 2022. Since then, FTV stock has decreased by 28.1% and is now trading at $54.87.
View the best growth stocks for 2022 here
.

Are investors shorting Fortive?

Fortive saw a decrease in short interest in May. As of May 31st, there was short interest totaling 4,110,000 shares, a decrease of 14.6% from the May 15th total of 4,810,000 shares. Based on an average daily trading volume, of 2,910,000 shares, the days-to-cover ratio is currently 1.4 days.
View Fortive's Short Interest
.

When is Fortive's next earnings date?

Fortive is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Fortive
.

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) announced its quarterly earnings data on Thursday, April, 28th. The technology company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.02. The technology company had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.35 billion. Fortive had a trailing twelve-month return on equity of 10.87% and a net margin of 12.32%. The business's revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 earnings per share.
View Fortive's earnings history
.

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

Fortive declared a quarterly dividend on Thursday, April 7th. Shareholders of record on Friday, May 27th will be given a dividend of $0.07 per share on Friday, June 24th. This represents a $0.28 annualized dividend and a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, May 26th.
View Fortive's dividend history
.

Is Fortive a good dividend stock?

Fortive(NYSE:FTV) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.51%. The dividend payout ratio of Fortive is 15.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fortive will have a dividend payout ratio of 8.28% next year. This indicates that Fortive will be able to sustain or increase its dividend.
View Fortive's dividend history.

How will Fortive's stock buyback program work?

Fortive announced that its Board of Directors has authorized a share buyback program on Thursday, February 17th 2022, which permits the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

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

Fortive issued an update on its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $0.70-$0.73 for the period, compared to the consensus EPS estimate of $0.74. The company issued revenue guidance of $1.39 billion-$1.43 billion, compared to the consensus revenue estimate of $1.44 billion.

Who are Fortive's key executives?

Fortive's management team includes the following people:

What is James A. Lico's approval rating as Fortive's CEO?

25 employees have rated Fortive CEO James A. Lico on Glassdoor.com. James A. Lico has an approval rating of 72% among Fortive's employees.

What other stocks do shareholders of Fortive own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortive investors own include Visa (V), Corbus Pharmaceuticals (CRBP), HP (HPQ), Lowe's Companies (LOW), NVIDIA (NVDA), Western Digital (WDC), Danaher (DHR), Micron Technology (MU), Intel (INTC) and Viveve Medical (VIVE).

What is Fortive's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fortive's stock price today?

One share of FTV stock can currently be purchased for approximately $54.87.

How much money does Fortive make?

Fortive (NYSE:FTV) has a market capitalization of $19.67 billion and generates $5.25 billion in revenue each year. The technology company earns $608.40 million in net income (profit) each year or $1.80 on an earnings per share basis.

How many employees does Fortive have?

Fortive employs 18,000 workers across the globe.

How can I contact Fortive?

Fortive's mailing address is 6920 SEAWAY BLVD., EVERETT WA, 98203. The official website for Fortive is www.fortive.com. The technology company can be reached via phone at (425) 446-5000 or via email at investors@fortive.com.

This page (NYSE:FTV) was last updated on 7/5/2022 by MarketBeat.com Staff

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