NYSE:FTV Fortive - FTV Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Fortive Co. Please log in to your account or sign up in order to add this asset to your watchlist. $66.27 +0.32 (+0.49%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$65.67▼$66.5050-Day Range$63.93▼$69.5452-Week Range$52.47▼$69.78Volume1.52 million shsAverage Volume1.93 million shsMarket Capitalization$23.41 billionP/E Ratio31.56Dividend Yield0.42%Price Target$73.08 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Fortive MarketRank™ ForecastAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside10.3% Upside$73.08 Price TargetShort InterestHealthy1.40% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.57Upright™ Environmental ScoreNews Sentiment0.84Based on 8 Articles This WeekInsider TradingSelling Shares$450,483 Sold Last QuarterProj. Earnings Growth8.06%From $3.35 to $3.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.80 out of 5 starsComputer And Technology Sector77th out of 616 stocksProcess Control Instruments Industry6th out of 11 stocks 3.4 Analyst's Opinion Consensus RatingFortive has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.08, Fortive has a forecasted upside of 10.3% from its current price of $66.27.Amount of Analyst CoverageFortive has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.40% of the outstanding shares of Fortive have been sold short.Short Interest Ratio / Days to CoverFortive has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fortive has recently increased by 9.25%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldFortive has a dividend yield of 0.43%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFortive does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Fortive is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Fortive will have a dividend payout ratio of 7.73% next year. This indicates that Fortive will be able to sustain or increase its dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFortive has received a 14.77% net impact score from Upright. Fortive seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Fibre optic test equipment", "Ohmmeters", "Data transmission testing equipment", "Low-temperature sterilization systems ", "Communications satellites", and "Oscilloscopes" products. See details.Environmental SustainabilityThe Environmental Impact score for Fortive is -1.57. Previous Next 3.2 News and Social Media Coverage News SentimentFortive has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Fortive this week, compared to 5 articles on an average week.Search Interest13 people have searched for FTV on MarketBeat in the last 30 days. This is an increase of 333% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Fortive to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fortive insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $450,483.00 in company stock.Percentage Held by InsidersOnly 0.79% of the stock of Fortive is held by insiders.Percentage Held by Institutions94.84% of the stock of Fortive is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Fortive are expected to grow by 8.06% in the coming year, from $3.35 to $3.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fortive is 31.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortive is 31.56, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 344.94.Price to Earnings Growth RatioFortive has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFortive has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Fortive (NYSE:FTV) StockFortive Corp. engages in the design, development, manufacturing, and marketing of professional and engineered products, software, and services for a variety of end markets. It operates through the following segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides solutions to accelerate industrial and facility reliability and performance, as well as compliance and safety across a range of vertical end markets, including manufacturing, process industries, healthcare, utilities and power, communications, and electronics. The Precision Technologies segment supplies technologies such as electrical test and measurement instruments and services, energetic material devices, and a broad portfolio of sensor and control system solutions. The Advanced Healthcare Solutions segment serves healthcare customers with products and services for critical activities, including instrument and device reprocessing, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation safety monitoring, and asset management. The company was founded on November 10, 2015, and isRead More Receive FTV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortive and its competitors with MarketBeat's FREE daily newsletter. Email Address FTV Stock News HeadlinesMarch 27, 2023 | americanbankingnews.comFortive (NYSE:FTV) Stock Rating Upgraded by Vertical ResearchMarch 20, 2023 | americanbankingnews.comFortive (NYSE:FTV) Coverage Initiated at StockNews.comMarch 28, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 19, 2023 | americanbankingnews.comFortive Co. (NYSE:FTV) Receives $72.62 Consensus Price Target from BrokeragesMarch 17, 2023 | marketwatch.comFortive Corp. stock outperforms market on strong trading dayMarch 10, 2023 | finance.yahoo.comFortive to Present at the Bank of America Global Industrials ConferenceMarch 3, 2023 | finance.yahoo.comFortive (FTV) Down 0.2% Since Last Earnings Report: Can It Rebound?February 24, 2023 | finance.yahoo.comDo Fortive's (NYSE:FTV) Earnings Warrant Your Attention?March 28, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.February 13, 2023 | finance.yahoo.comWhy Fortive (FTV) is a Top Momentum Stock for the Long-TermFebruary 10, 2023 | finance.yahoo.comEstimating The Fair Value Of Fortive Corporation (NYSE:FTV)February 2, 2023 | finance.yahoo.comFortive Corporation (NYSE:FTV) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | finance.yahoo.comFortive (FTV) Q4 Earnings & Revenues Beat Estimates, Up Y/YJanuary 27, 2023 | finance.yahoo.comIs Fortive Corporation (NYSE:FTV) Potentially Undervalued?January 23, 2023 | finance.yahoo.comFortive Corporation (FTV) Stock Historical Prices & Data - Yahoo FinanceJanuary 19, 2023 | finance.yahoo.comWhat Makes Fortive Corporation (FTV) an Attractive Investment?January 5, 2023 | finance.yahoo.comFortive Schedules Fourth Quarter and Full Year 2022 Earnings Conference CallDecember 22, 2022 | finance.yahoo.comFortive (NYSE:FTV) shareholders have earned a 1.1% CAGR over the last three yearsDecember 5, 2022 | finance.yahoo.comFortive Announces Appointment of Eric Branderiz to Its Board of DirectorsNovember 22, 2022 | finance.yahoo.comFortive Corporation's (NYSE:FTV) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?November 8, 2022 | finance.yahoo.comFortive Third Quarter 2022 Earnings: EPS Misses ExpectationsNovember 3, 2022 | finance.yahoo.comFortive to Present at the Baird Global Industrial ConferenceOctober 31, 2022 | markets.businessinsider.comRobert W. Baird Keeps Their Buy Rating on Fortive (FTV)October 29, 2022 | msn.comFortive Earnings Perspective: Return On Invested CapitalOctober 27, 2022 | finance.yahoo.comFortive Corporation (NYSE:FTV) insiders' US$1.0m purchase saw a boost of US$76k after market cap rose US$701mOctober 27, 2022 | finance.yahoo.comFortive (FTV) Q3 Earnings & Revenues Beat Estimates, Up Y/YOctober 26, 2022 | finance.yahoo.comFortive (FTV) Beats Q3 Earnings and Revenue EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FTV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortive and its competitors with MarketBeat's FREE daily newsletter. Email Address FTV Company Calendar Ex-Dividend for 12/30 Dividend11/29/2022Dividend Payable12/30/2022Last Earnings2/01/2023Ex-Dividend for 3/31 Dividend2/23/2023Today3/28/2023Dividend Payable3/31/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Process control instruments Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:FTV CUSIPN/A CIK1659166 Webwww.fortive.com Phone(425) 446-5000FaxN/AEmployees18,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$73.08 High Stock Price Forecast$78.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside+10.5%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.10 Trailing P/E Ratio31.49 Forward P/E Ratio19.74 P/E Growth2.48Net Income$755.20 million Net Margins12.96% Pretax Margin14.99% Return on Equity11.90% Return on Assets7.07% Debt Debt-to-Equity Ratio0.23 Current Ratio0.91 Quick Ratio0.71 Sales & Book Value Annual Sales$5.83 billion Price / Sales4.01 Cash Flow$4.58 per share Price / Cash Flow14.44 Book Value$27.38 per share Price / Book2.41Miscellaneous Outstanding Shares353,199,000Free Float350,409,000Market Cap$23.35 billion OptionableOptionable Beta1.13 Key ExecutivesJames A. LicoPresident, Chief Executive Officer & DirectorCharles E. MclaughlinChief Financial Officer & Senior Vice PresidentVictor P. FetterChief Information OfficerPeter C. UnderwoodSenior Vice President & General CounselDaniel B. KimSecretary, VP & Associate General CounselKey CompetitorsKeysight TechnologiesNYSE:KEYSAMETEKNYSE:AMECognexNASDAQ:CGNXSensata TechnologiesNYSE:STRoper TechnologiesNYSE:ROPView All CompetitorsInsiders & InstitutionsETF Managers Group LLCBought 443 shares on 3/23/2023Ownership: 0.003%B. Riley Wealth Advisors Inc.Bought 4,085 shares on 3/15/2023Ownership: 0.001%Victory Capital Management Inc.Bought 24,722 shares on 3/10/2023Ownership: 0.051%Rockefeller Capital Management L.P.Bought 632 shares on 3/6/2023Ownership: 0.007%OLD Mission Capital LLCBought 511 shares on 3/6/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FTV Stock - Frequently Asked Questions Should I buy or sell Fortive stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FTV shares. View FTV analyst ratings or view top-rated stocks. What is Fortive's stock price forecast for 2023? 10 Wall Street analysts have issued 1 year price objectives for Fortive's shares. Their FTV share price forecasts range from $63.00 to $78.00. On average, they anticipate the company's share price to reach $73.08 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View analysts price targets for FTV or view top-rated stocks among Wall Street analysts. How have FTV shares performed in 2023? Fortive's stock was trading at $64.25 on January 1st, 2023. Since then, FTV shares have increased by 3.1% and is now trading at $66.27. View the best growth stocks for 2023 here. Are investors shorting Fortive? Fortive saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 4,960,000 shares, an increase of 9.3% from the February 28th total of 4,540,000 shares. Based on an average daily trading volume, of 1,810,000 shares, the days-to-cover ratio is currently 2.7 days. View Fortive's Short Interest. When is Fortive's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our FTV earnings forecast. How were Fortive's earnings last quarter? Fortive Co. (NYSE:FTV) released its earnings results on Wednesday, February, 1st. The technology company reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.04. The technology company earned $1.53 billion during the quarter, compared to analysts' expectations of $1.50 billion. Fortive had a trailing twelve-month return on equity of 11.90% and a net margin of 12.96%. The firm's revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 earnings per share. Read the conference call transcript. How often does Fortive pay dividends? What is the dividend yield for Fortive? Fortive announced a quarterly dividend on Tuesday, January 24th. Shareholders of record on Friday, February 24th will be paid a dividend of $0.07 per share on Friday, March 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date is Thursday, February 23rd. Read our dividend analysis for FTV. What ETFs hold Fortive's stock? ETFs with the largest weight of Fortive (NYSE:FTV) stock in their portfolio include Hennessy Stance ESG Large Cap ETF (STNC), Gabelli Automation ETF (GAST), Global X U.S. Infrastructure Development ETF (PAVE), SPDR S&P Kensho Final Frontiers ETF (ROKT), Putnam Sustainable Leaders ETF (PLDR), Invesco Zacks Mid-Cap ETF (CZA), Invesco S&P 500 Equal Weight Industrials ETF (RGI) and VanEck Morningstar SMID Moat ETF (SMOT). 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 0.43%. The dividend payout ratio is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FTV will have a dividend payout ratio of 7.73% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FTV. How will Fortive's stock buyback program work? Fortive announced that its board has approved a stock repurchase plan on Thursday, February 17th 2022, which allows the company to repurchase 20,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its stock is undervalued. What guidance has Fortive issued on next quarter's earnings? Fortive issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of $0.71-$0.74 for the period, compared to the consensus earnings per share estimate of $0.75. The company issued revenue guidance of $1.40 billion-$1.44 billion, compared to the consensus revenue estimate of $1.45 billion. 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. 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." Who are Fortive's major shareholders? Fortive's stock is owned by a variety of retail and institutional investors. Top institutional investors include T. Rowe Price Investment Management Inc. (9.54%), Flossbach Von Storch AG (2.88%), Geode Capital Management LLC (2.02%), Brown Advisory Inc. (1.49%), Moneta Group Investment Advisors LLC (1.02%) and Morgan Stanley (0.87%). Insiders that own company stock include Alan G Spoon, Barbara B Hulit, Charles E Mclaughlin, 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, Peter C Underwood, Stacey A Walker, Stacey A Walker, Steven M Rales, William W Pringle and William W Pringle. 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 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 $66.27. How much money does Fortive make? Fortive (NYSE:FTV) has a market capitalization of $23.41 billion and generates $5.83 billion in revenue each year. The technology company earns $755.20 million in net income (profit) each year or $2.10 on an earnings per share basis. How many employees does Fortive have? The company 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 the company 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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