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NYSE:FTV

Fortive Stock Forecast, Price & News

$66.50
-0.02 (-0.03 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$66.34
Now: $66.50
$67.34
50-Day Range
$65.77
MA: $73.53
$81.79
52-Week Range
$37.31
Now: $66.50
$82.12
Volume2.77 million shs
Average Volume2.61 million shs
Market Capitalization$22.42 billion
P/E Ratio44.93
Dividend Yield0.42%
Beta1.14
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 software, data analytics, and services 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 ACCRUENT, FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, GORDIAN, INDUSTRIAL SCIENTIFIC, LANDAUER, QUALITROL, INVETECH, KEITHLEY, PACIFIC SCIENTIFIC, 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, VEEDER-ROOT, and TELETRAC NAVMAN brands. This segment also offers professional tools, toolboxes, and automotive diagnostic equipment under the MATCO brand; and wheel service equipment under the COATS brand. The company also provides automation and specialty components under the DYNAPAR and HENGSTLER brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.92 out of 5 stars

Industry, Sector and Symbol

Industry Process control instruments
Sub-IndustryN/A
CUSIPN/A
Phone425-446-5000
Employees25,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.32 billion
Cash Flow$5.04 per share
Book Value$22.04 per share

Profitability

Net Income$738.90 million

Miscellaneous

Market Cap$22.42 billion
Next Earnings Date10/27/2020 (Confirmed)
OptionableOptionable
$66.50
-0.02 (-0.03 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Fortive (NYSE:FTV) Frequently Asked Questions

How has Fortive's stock price been impacted by COVID-19 (Coronavirus)?

Fortive's stock was trading at $59.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FTV shares have increased by 11.9% and is now trading at $66.50.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Fortive?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Fortive
.

When is Fortive's next earnings date?

Fortive is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Fortive
.

How can I listen to Fortive's earnings call?

Fortive will be holding an earnings conference call on Tuesday, October 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Fortive's earnings last quarter?

Fortive Corp (NYSE:FTV) posted its earnings results on Tuesday, July, 28th. The technology company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.10. The technology company earned $1.57 billion during the quarter, compared to analyst estimates of $1.49 billion. Fortive had a return on equity of 16.22% and a net margin of 8.00%. The company's revenue for the quarter was down 15.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.90 earnings per share.
View Fortive's earnings history
.

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

Fortive announced a quarterly dividend on Wednesday, August 5th. Investors of record on Friday, August 28th will be given a dividend of $0.07 per share on Friday, September 25th. This represents a $0.28 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend is Thursday, August 27th.
View Fortive's dividend history
.

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

Fortive updated its third quarter 2020 Pre-Market earnings guidance on Monday, October, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.897-1.897 billion, compared to the consensus revenue estimate of $1.83 billion.

What price target have analysts set for FTV?

15 equities research analysts have issued 1-year price objectives for Fortive's shares. Their forecasts range from $68.00 to $91.00. On average, they expect Fortive's stock price to reach $79.33 in the next year. This suggests a possible upside of 19.3% from the stock's current price.
View analysts' price targets for Fortive
.

Are investors shorting Fortive?

Fortive saw a increase in short interest in September. As of September 30th, there was short interest totaling 7,390,000 shares, an increase of 34.6% from the September 15th total of 5,490,000 shares. Based on an average daily volume of 3,040,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.3% of the shares of the stock are short sold.
View Fortive's Short Interest
.

Who are some of Fortive's key competitors?

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).

Who are Fortive's key executives?

Fortive's management team includes the following people:
  • Mr. James A. Lico, Pres, CEO & Director (Age 53)
  • Mr. Charles E. McLaughlin, Sr. VP & CFO (Age 58)
  • Mr. Martin Gafinowitz, Sr. VP (Age 60)
  • Mr. William W. Pringle, Sr. VP (Age 51)
  • Ms. Barbara B. Hulit, Sr. VP (Age 52)

What is Fortive's stock symbol?

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

Who are Fortive's major shareholders?

Fortive's stock is owned by many different institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.17%), Crestwood Advisors Group LLC (0.12%), Envestnet Asset Management Inc. (0.10%), Welch & Forbes LLC (0.08%), Mountain Pacific Investment Advisers Inc. ID (0.08%) and Capital Investment Services of America Inc. (0.06%). Company insiders that own Fortive stock include Alan G Spoon, Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, Emily A Weaver, James A Lico, Jonathan L Schwarz, Martin Gafinowitz, Mitchell P Rales, Patrick K Murphy, Stacey A Walker, Steven M Rales and William W Pringle.
View institutional ownership trends for Fortive
.

Which major investors are selling Fortive stock?

FTV stock was sold by a variety of institutional investors in the last quarter, including Nissay Asset Management Corp Japan ADV, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Cullinan Associates Inc., Arthur M. Cohen & Associates LLC, DNB Asset Management AS, Mountain Pacific Investment Advisers Inc. ID, Standard Life Aberdeen plc, and Pacer Advisors Inc.. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, James A Lico, Martin Gafinowitz, Mitchell P Rales, Patrick K Murphy, Stacey A Walker, Steven M Rales, and William W Pringle.
View insider buying and selling activity for Fortive
.

Which major investors are buying Fortive stock?

FTV stock was bought by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, TIAA FSB, Envestnet Asset Management Inc., Defender Capital LLC., Bowling Portfolio Management LLC, Oliver Luxxe Assets LLC, Retirement Systems of Alabama, and Fortem Financial Group LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Fortive's stock price today?

One share of FTV stock can currently be purchased for approximately $66.50.

How big of a company is Fortive?

Fortive has a market capitalization of $22.42 billion and generates $7.32 billion in revenue each year. The technology company earns $738.90 million in net income (profit) each year or $3.48 on an earnings per share basis. Fortive employs 25,000 workers across the globe.

What is Fortive's official website?

The official website for Fortive is 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]

This page was last updated on 10/24/2020 by MarketBeat.com Staff

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