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NYSE:FTV

Fortive (FTV) Stock Price, News & Analysis

$70.99
+1.00 (+1.43%)
(As of 07/26/2024 ET)
Today's Range
$69.84
$71.60
50-Day Range
$69.99
$78.92
52-Week Range
$63.05
$87.10
Volume
2.62 million shs
Average Volume
1.68 million shs
Market Capitalization
$24.99 billion
P/E Ratio
28.06
Dividend Yield
0.45%
Price Target
$84.92

Fortive MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
19.6% Upside
$84.92 Price Target
Short Interest
Healthy
0.67% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.57
Upright™ Environmental Score
News Sentiment
0.29mentions of Fortive in the last 14 days
Based on 38 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.38%
From $3.82 to $4.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.77 out of 5 stars

Computer And Technology Sector

49th out of 612 stocks

Process Control Instruments Industry

2nd out of 13 stocks

FTV stock logo

About Fortive Stock (NYSE:FTV)

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

FTV Stock Price History

FTV Stock News Headlines

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Fortive (NYSE:FTV) Shares Gap Down to $76.68
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Fortive Corporation (FTV) Q2 2024 Earnings Call Transcript
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Why Fortive (FTV) Stock Is Trading Lower Today
Q2 2024 Fortive Corp Earnings Call Transcript
Fortive Corporation Q2 Profit Decreases, But Beats Estimates
Fortive Issues Q3 Outlook; Lifts FY24 Earnings Forecast, Cuts Revenue View
Fortive (NYSE:FTV) Misses Q2 Revenue Estimates
Fortive (NYSE:FTV) Releases Q3 2024 Earnings Guidance
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
5/31/2024
Dividend Payable
6/28/2024
Last Earnings
7/24/2024
Today
7/26/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$84.92
High Stock Price Target
$98.00
Low Stock Price Target
$70.00
Potential Upside/Downside
+19.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$865.80 million
Pretax Margin
16.20%

Debt

Sales & Book Value

Annual Sales
$6.07 billion
Cash Flow
$4.81 per share
Book Value
$29.84 per share

Miscellaneous

Free Float
348,474,000
Market Cap
$24.99 billion
Optionable
Optionable
Beta
1.12
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FTV Stock Analysis - Frequently Asked Questions

How have FTV shares performed this year?

Fortive's stock was trading at $73.63 at the beginning of 2024. Since then, FTV stock has decreased by 3.6% and is now trading at $70.99.
View the best growth stocks for 2024 here
.

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) announced its quarterly earnings data on Wednesday, July, 24th. The technology company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.01. The firm's quarterly revenue was up 1.7% compared to the same quarter last year.
Read the conference call transcript
.

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

25 employees have rated Fortive Chief Executive Officer James A. Lico on Glassdoor.com. James A. Lico has an approval rating of 72% among the company's employees.

Who are Fortive's major shareholders?

Top institutional shareholders of Fortive include Bank of New York Mellon Corp (0.64%), Ceredex Value Advisors LLC (0.35%), Ferguson Wellman Capital Management Inc. (0.27%) and Nicholas Company Inc. (0.26%). Insiders that own company stock include Alan G Spoon, Charles E Mclaughlin, Patrick K Murphy, Tamara S Newcombe, Stacey A Walker, Christopher M Mulhall, Peter C Underwood and Barbara B Hulit.
View institutional ownership trends
.

How do I buy shares of Fortive?

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

What other stocks do shareholders of Fortive own?

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

This page (NYSE:FTV) was last updated on 7/26/2024 by MarketBeat.com Staff

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