Fortive Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Fortive stock.
View analyst ratings for Fortive or view top-rated stocks.

Wall Street analysts have given Fortive a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fortive wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Fortive saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 6,310,000 shares, a drop of 22.1% from the August 15th total of 8,100,000 shares. Based on an average daily trading volume, of 2,740,000 shares, the days-to-cover ratio is presently 2.3 days.
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Fortive is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Fortive.

Fortive Co. (NYSE:FTV) issued its quarterly earnings results on Thursday, July, 29th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.05. The technology company earned $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. Fortive had a net margin of 29.84% and a trailing twelve-month return on equity of 12.15%.
View Fortive's earnings history.

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 stock has increased by 21.5% and is now trading at $72.23.
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Fortive declared a quarterly dividend on Thursday, August 26th. Stockholders of record on Friday, September 10th will be given a dividend of $0.07 per share on Friday, September 24th. This represents a $0.28 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Thursday, September 9th.
View Fortive's dividend history.

Fortive pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.39%. Fortive does not yet have a strong track record of dividend growth. The dividend payout ratio of Fortive is 13.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fortive will have a dividend payout ratio of 9.33% next year. This indicates that Fortive will be able to sustain or increase its dividend.
View Fortive's dividend history.

Fortive updated its FY 2021 earnings guidance on Thursday, August, 5th. The company provided EPS guidance of $2.650-$2.750 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.600. The company issued revenue guidance of -.

10 brokerages have issued 12 month price targets for Fortive's shares. Their forecasts range from $72.00 to $89.00. On average, they anticipate Fortive's stock price to reach $79.80 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
View analysts' price targets for Fortive or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Fortive include Roper Technologies (ROP), Keysight Technologies (KEYS), AMETEK (AME), Cognex (CGNX), Sensata Technologies (ST), MKS Instruments (MKSI), Mesa Laboratories (MLAB), Senseonics (SENS), Hurco Companies (HURC), Crawford United (CRAWA), Hickok (HICKA), Sypris Solutions (SYPR), ClearSign Technologies (CLIR), International Isotopes (INIS) and Winland (WELX).
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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).

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

Fortive's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.60%), Price T Rowe Associates Inc. MD (4.75%), Artisan Partners Limited Partnership (3.82%), Flossbach Von Storch AG (2.70%), FMR LLC (2.43%) and Geode Capital Management LLC (1.77%). Company insiders that own Fortive stock include Alan G Spoon, Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, Gwen L Shaneyfelt, James A Lico, Jonathan L Schwarz, Martin Gafinowitz, Mitchell P Rales, Patrick K Murphy, Peter C Underwood, Stacey A Walker, Stacey A Walker, Steven M Rales and William W Pringle.
View institutional ownership trends for Fortive.

FTV stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Ameritas Investment Partners Inc., Bessemer Group Inc., FMR LLC, Artisan Partners Limited Partnership, Massachusetts Financial Services Co. MA, American Century Companies Inc., and Citigroup Inc.. Company insiders that have sold Fortive company stock in the last year include Charles E Mclaughlin, Christopher M Mulhall, Gwen L Shaneyfelt, James A Lico, Jonathan L Schwarz, Peter C Underwood, Stacey A Walker, Steven M Rales, and William W Pringle.
View insider buying and selling activity for Fortive or view top insider-selling stocks.

FTV stock was bought by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Balyasny Asset Management LLC, Findlay Park Partners LLP, Alyeska Investment Group L.P., Ceredex Value Advisors LLC, UBS Asset Management Americas Inc., Nuveen Asset Management LLC, and Mackenzie Financial Corp.
View insider buying and selling activity for Fortive or or view top insider-buying stocks.

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.
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One share of FTV stock can currently be purchased for approximately $72.23.

Fortive has a market capitalization of $25.89 billion and generates $4.63 billion in revenue each year. The technology company earns $1.61 billion in net income (profit) each year or $2.09 on an earnings per share basis.

Fortive employs 17,000 workers across the globe.

The official website for Fortive is www.fortive.com.

Fortive is headquartered at 6920 SEAWAY BLVD., EVERETT WA, 98203.

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].