Fortive Corporation Company Profile (NYSE:FTV)

About Fortive Corporation (NYSE:FTV)

Fortive Corporation 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: Semiconductor Equipment & Testing - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:FTV
  • CUSIP: N/A
  • Web: www.fortive.com
Capitalization:
  • Market Cap: $21.92146 billion
  • Outstanding Shares: 346,584,000
Average Prices:
  • 50 Day Moving Avg: $63.73
  • 200 Day Moving Avg: $60.25
  • 52 Week Range: $46.81 - $65.21
P/E:
  • Trailing P/E Ratio: 24.83
  • Foreward P/E Ratio: 21.38
  • P/E Growth: 3.42
Sales & Book Value:
  • Annual Revenue: $6.28 billion
  • Price / Sales: 3.49
  • Book Value: $8.33 per share
  • Price / Book: 7.60
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 0.4%
Profitability:
  • EBIDTA: $1.47 billion
  • Net Margins: 14.16%
  • Return on Equity: 34.24%
  • Return on Assets: 11.13%
Debt:
  • Debt-to-Equity Ratio: 1.13%
  • Current Ratio: 1.80%
  • Quick Ratio: 1.39%
Misc:
  • Average Volume: 1.35 million shs.
  • 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, April 14th. Stockholders of record on Friday, May 26th will be given a dividend of $0.07 per share on Friday, June 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date is Wednesday, May 24th. 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, April, 27th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.03. The business earned $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. Fortive Corporation had a return on equity of 34.24% and a net margin of 14.16%. The business's revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. View Fortive Corporation's Earnings History.

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

Fortive Corporation updated its FY17 earnings guidance on Thursday, May, 18th. The company provided earnings per share (EPS) guidance of $2.68-2.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.75. Fortive Corporation also updated its Q2 guidance to $0.65-0.69 EPS.

Where is Fortive Corporation's stock going? Where will Fortive Corporation's stock price be in 2017?

15 equities research analysts have issued 1 year price targets for Fortive Corporation's stock. Their forecasts range from $47.00 to $67.00. On average, they anticipate Fortive Corporation's stock price to reach $59.18 in the next year. View Analyst Ratings for Fortive Corporation.

Who are some of Fortive Corporation's key competitors?

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 institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.42%), Russell Investments Group Ltd. (0.25%), Chevy Chase Trust Holdings Inc. (0.16%), Douglas Lane & Associates LLC (0.13%), National Pension Service (0.09%) and Adams Diversified Equity Fund Inc. (0.08%). Company insiders that own Fortive Corporation stock include 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 Russell Investments Group Ltd., Chevy Chase Trust Holdings Inc., Exxonmobil Investment Management Inc. TX, Oregon Public Employees Retirement Fund, NN Investment Partners Holdings N.V., Quantitative Systematic Strategies LLC, North American Management Corp and Hills Bank & Trust Co.. Company insiders that have sold Fortive Corporation stock in the last year include 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 Barometer Capital Management Inc., Cullinan Associates Inc., National Pension Service, APG Asset Management N.V., Mitsubishi UFJ Asset Management UK Ltd., Chesley Taft & Associates LLC, Mn Services Vermogensbeheer B.V. and Xact Kapitalforvaltning AB. 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?

One share of Fortive Corporation stock can currently be purchased for approximately $63.29.


MarketBeat Community Rating for Fortive Corporation (NYSE FTV)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  73 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  154
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.

Analyst Ratings

Consensus Ratings for Fortive Corporation (NYSE:FTV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.47)
Consensus Price Target: $59.18 (6.49% downside)

Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/11/2017Morgan StanleyReiterated RatingEqual WeightLowView Rating Details
5/22/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
4/30/2017Barclays PLCSet Price TargetBuy$66.00MediumView Rating Details
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
3/24/2017J P Morgan Chase & CoUpgradeNeutral -> 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
1/13/2017Credit Suisse GroupUpgradeNeutral -> Outperform$54.00 -> $60.00N/AView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingOutperformN/AView Rating Details
9/28/2016Goldman Sachs Group, Inc. (The)Initiated 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 Inc.Boost Price TargetNeutral$51.00 -> $52.00N/AView Rating Details
7/26/2016Bank of America CorporationInitiated 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
(Data available from 7/25/2015 forward)

Earnings

Earnings History for Fortive Corporation (NYSE:FTV)
Earnings by Quarter for Fortive Corporation (NYSE:FTV)
Earnings History by Quarter for Fortive Corporation (NYSE FTV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.57$0.60$1.53 billion$1.54 billionViewN/AView Earnings Details
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 Corporation (NYSE:FTV)
2017 EPS Consensus Estimate: $2.68
2018 EPS Consensus Estimate: $2.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.57$0.57$0.57
Q2 20173$0.66$0.68$0.67
Q3 20173$0.69$0.71$0.70
Q4 20173$0.72$0.75$0.74
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 Corporation (NYSE:FTV)
Most Recent Dividend:6/30/2017
Annual Dividend:$0.28
Dividend Yield:0.44%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:10.98% (Trailing 12 Months of Earnings)
10.22% (Based on This Year's Estimates)
9.46% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fortive Corporation (NYSE:FTV)

Dividend History by Quarter for Fortive Corporation (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 and Institutional Ownership History for Fortive Corporation (NYSE:FTV)
Insider Ownership Percentage: 12.10%
Institutional Ownership Percentage: 79.16%
Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)
Institutional Ownership by Quarter for Fortive Corporation (NYSE:FTV)
Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/31/2017Emily A. WeaverVPSell3,749$62.27$233,450.23View SEC Filing  
5/23/2017Raj RatnakarVPSell11,642$62.31$725,413.02View SEC Filing  
5/1/2017James A LicoInsiderSell131,994$62.34$8,228,505.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Fortive Corporation (NYSE:FTV)
Latest Headlines for Fortive Corporation (NYSE:FTV)
Source:
DateHeadline
americanbankingnews.com logoFortive Corporation (NYSE:FTV) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - July 24 at 10:57 PM
finance.yahoo.com logoKLA-Tencor (KLAC) Q4 Earnings: Is a Surprise in the Cards?
finance.yahoo.com - July 24 at 8:19 PM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : July 24, 2017
finance.yahoo.com - July 24 at 8:19 PM
finance.yahoo.com logoFortive 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
americanbankingnews.com logoStock Traders Buy Large Volume of Fortive Corporation Put Options (FTV)
www.americanbankingnews.com - July 19 at 8:15 AM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : July 14, 2017
finance.yahoo.com - July 14 at 7:49 PM
americanbankingnews.com logoMorgan Stanley Reiterates "Equal Weight" Rating for Fortive Corporation (FTV)
www.americanbankingnews.com - July 11 at 7:08 AM
americanbankingnews.com logoFortive Corporation (FTV) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 8:52 PM
americanbankingnews.com logo Analysts Anticipate Fortive Corporation (FTV) Will Announce Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - July 8 at 10:30 AM
americanbankingnews.com logo$0.68 EPS Expected for Fortive Corporation (NYSE:FTV) This Quarter
www.americanbankingnews.com - July 6 at 7:35 AM
finance.yahoo.com logoFortive Corp. – Value Analysis (NYSE:FTV) : July 3, 2017
finance.yahoo.com - July 3 at 6:35 PM
finance.yahoo.com logoFortive 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
finance.yahoo.com logoFortive Schedules Second Quarter 2017 Earnings Conference Call
finance.yahoo.com - June 29 at 10:18 PM
nasdaq.com logoAgree To Purchase Fortive Corp At $60, Earn 5.2% Annualized Using Options
www.nasdaq.com - June 16 at 6:01 PM
seekingalpha.com logoFortive Corporation (FTV) Presents At The William Blair 2017 Growth Stock Conference - Slideshow
seekingalpha.com - June 16 at 6:01 PM
finance.yahoo.com logoTTM Technologies, Inc. Received Fortive’s 2017 Outstanding Supplier Award
finance.yahoo.com - June 15 at 7:30 PM
americanbankingnews.com logoFortive Corporation (FTV) Expected to Post Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - June 14 at 1:30 PM
americanbankingnews.com logoFortive Corporation (FTV) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 13 at 6:43 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Fortive Corporation (FTV) Will Announce Earnings of $0.68 Per Share
www.americanbankingnews.com - June 12 at 9:27 AM
finance.yahoo.com logoFortive to Present at the William Blair Growth Stock Conference
finance.yahoo.com - June 8 at 6:20 PM
americanbankingnews.com logoFortive Corp (FTV) VP Emily A. Weaver Sells 3,749 Shares
www.americanbankingnews.com - June 1 at 7:46 PM
bizjournals.com logoResearch Reports Coverage on Scientific & Technical Instruments Stocks -- Fitbit, Trimble, Cognex, and Fortive
www.bizjournals.com - May 26 at 6:00 PM
finance.yahoo.com logoFortive 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
americanbankingnews.com logoFortive Corp (FTV) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 25 at 10:08 AM
americanbankingnews.com logoBrokers Issue Forecasts for Fortive Corp's Q2 2017 Earnings (FTV)
www.americanbankingnews.com - May 25 at 7:24 AM
americanbankingnews.com logoFortive Corp (FTV) VP Sells $725,413.02 in Stock
www.americanbankingnews.com - May 24 at 10:35 PM
nasdaq.com logoFortive Corporation (FTV) Ex-Dividend Date Scheduled for May 24, 2017 - Nasdaq
www.nasdaq.com - May 24 at 10:10 PM
nasdaq.com logoFTV Crosses Above Average Analyst Target
www.nasdaq.com - May 24 at 12:05 PM
americanbankingnews.com logoOppenheimer Holdings Inc. Reiterates "Hold" Rating for Fortive Corp (FTV)
www.americanbankingnews.com - May 23 at 8:04 PM
seekingalpha.com logoFortive Corporation (FTV) Presents At Electrical Products Group 2017 Annual Spring Conference - Slideshow
seekingalpha.com - May 23 at 4:58 PM
americanbankingnews.com logoFortive Corp (FTV) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 19 at 7:31 PM
finance.yahoo.com logoFortive Hosts Investor Day, Reaffirms Second Quarter and Full-Year 2017 Guidance
finance.yahoo.com - May 18 at 10:00 AM
americanbankingnews.com logoFortive Corp (FTV) Updates Q2 Earnings Guidance
www.americanbankingnews.com - May 18 at 9:14 AM
americanbankingnews.com logoFortive Corp (FTV) Updates FY17 Earnings Guidance
www.americanbankingnews.com - May 18 at 9:14 AM
finance.yahoo.com logoCORRECTING and REPLACING Fortive to Present at Electrical Products Group Conference
finance.yahoo.com - May 17 at 5:19 PM
americanbankingnews.com logoFortive Corp (FTV) Expected to Announce Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - May 17 at 9:24 AM
americanbankingnews.com logo Brokerages Expect Fortive Corp (FTV) Will Announce Earnings of $0.69 Per Share
www.americanbankingnews.com - May 15 at 8:16 PM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : May 15, 2017
finance.yahoo.com - May 15 at 4:58 PM
finance.yahoo.com logoFortive to Present at Electrical Products Group Conference
finance.yahoo.com - May 12 at 5:54 PM
nasdaq.com logoHow Fortive (FTV) Stock Stands Out in a Strong Industry - Nasdaq
www.nasdaq.com - May 11 at 11:04 PM
finance.yahoo.com logoHow Fortive (FTV) Stock Stands Out in a Strong Industry
finance.yahoo.com - May 10 at 10:36 AM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : May 2, 2017
finance.yahoo.com - May 3 at 2:36 PM
americanbankingnews.com logoJames A. Lico Sells 131,994 Shares of Fortive Corp (FTV) Stock
www.americanbankingnews.com - May 2 at 9:20 PM
seekingalpha.com logoFortive Ready For The Turn - Seeking Alpha
seekingalpha.com - May 2 at 12:06 PM
finance.yahoo.com logoAnalysts' Actions -- Adobe, AMD, Chegg, Okta and More
finance.yahoo.com - May 2 at 12:06 PM
americanbankingnews.com logoFortive Corp (FTV) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - May 1 at 9:38 PM
americanbankingnews.com logoFortive Corp (FTV) Given a $66.00 Price Target at Barclays PLC
www.americanbankingnews.com - May 1 at 7:10 PM
finance.yahoo.com logoFortive Corp. :FTV-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 5:06 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Fortive Corp (FTV) Boosted by Analyst
www.americanbankingnews.com - May 1 at 9:02 AM
americanbankingnews.com logoFortive Corp to Post Q2 2017 Earnings of $0.69 Per Share, Oppenheimer Holdings Forecasts (FTV)
www.americanbankingnews.com - May 1 at 8:11 AM

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Chart

Fortive Corporation (FTV) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff