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S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
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Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
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Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Is This The End of Capitalism? (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
Is This The End of Capitalism? (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Is This The End of Capitalism? (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
NYSE:FTV

Fortive - FTV Stock Forecast, Price & News

$66.23
-0.78 (-1.16%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$66.05
$67.00
50-Day Range
$63.45
$68.24
52-Week Range
$52.47
$71.78
Volume
1.65 million shs
Average Volume
1.55 million shs
Market Capitalization
$23.43 billion
P/E Ratio
34.68
Dividend Yield
0.42%
Price Target
$73.85

Fortive MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
11.5% Upside
$73.85 Price Target
Short Interest
Healthy
1.40% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.57
Upright™ Environmental Score
News Sentiment
0.24mentions of Fortive in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.15 M Sold Last Quarter
Proj. Earnings Growth
7.37%
From $3.12 to $3.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Computer And Technology Sector

127th out of 630 stocks

Process Control Instruments Industry

5th out of 11 stocks


FTV stock logo

About Fortive (NYSE:FTV) Stock

Fortive 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 is

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FTV Stock News Headlines

Fortive (FTV) to Release Quarterly Earnings on Wednesday
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Robert W. Baird Keeps Their Buy Rating on Fortive (FTV)
Fortive (FTV) Beats Q3 Earnings and Revenue Estimates
Fortive Corporation Q3 Profit Increases, beats estimates
Earnings Outlook For Fortive
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Reasons to Retain Fortive (FTV) Stock in Your Portfolio
See More Headlines
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FTV Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 12/30 Dividend
11/29/2022
Dividend Payable
12/30/2022
Today
1/30/2023
Next Earnings (Confirmed)
2/01/2023
Fiscal Year End
12/31/2023

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 Forecast
$73.85
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+11.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$608.40 million
Pretax Margin
13.97%

Debt

Sales & Book Value

Annual Sales
$5.67 billion
Cash Flow
$3.84 per share
Book Value
$26.54 per share

Miscellaneous

Free Float
351,013,000
Market Cap
$23.43 billion
Optionable
Optionable
Beta
1.12

Key Executives

  • James A. LicoJames A. Lico
    President, Chief Executive Officer & Director
  • Charles E. MclaughlinCharles E. Mclaughlin
    Chief Financial Officer & Senior Vice President
  • Peter C. UnderwoodPeter C. Underwood
    Senior Vice President & General Counsel
  • Daniel B. Kim
    Secretary, VP & Associate General Counsel
  • Patrick K. MurphyPatrick K. Murphy
    President & CEO-Advanced Healthcare Solutions













FTV Stock - Frequently Asked Questions

Should I buy or sell Fortive stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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?

9 brokerages have issued twelve-month target prices for Fortive's shares. Their FTV share price forecasts range from $63.00 to $95.00. On average, they expect the company's share price to reach $73.85 in the next year. This suggests a possible upside of 11.5% 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 $66.23.
View the best growth stocks for 2023 here
.

Are investors shorting Fortive?

Fortive saw a increase in short interest in December. As of December 30th, there was short interest totaling 5,080,000 shares, an increase of 5.4% from the December 15th total of 4,820,000 shares. Based on an average daily volume of 1,780,000 shares, the days-to-cover ratio is presently 2.9 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 Wednesday, February 1st 2023.
View our FTV earnings forecast
.

How can I listen to Fortive's earnings call?

Fortive will be holding an earnings conference call on Wednesday, February 1st at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "6922572".

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) issued its quarterly earnings data on Thursday, October, 28th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. The technology company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.31 billion. Fortive had a net margin of 12.22% and a trailing twelve-month return on equity of 11.69%. Fortive's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.94 EPS.
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. Investors of record on Friday, February 24th will be given a dividend of $0.07 per share on Friday, March 31st. This represents a $0.28 annualized dividend and a yield of 0.42%. The ex-dividend date is Thursday, February 23rd.
Read our dividend analysis for FTV
.

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 0.42%. The dividend payout ratio is 14.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FTV will have a dividend payout ratio of 8.36% 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 share repurchase program on Thursday, February 17th 2022, which permits the company to buyback 20,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

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

Fortive issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share guidance of $0.82-$0.85 for the period, compared to the consensus earnings per share estimate of $0.86. The company issued revenue guidance of $1.48 billion-$1.50 billion, compared to the consensus revenue estimate of $1.51 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 institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.43%), Ceredex Value Advisors LLC (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Ferguson Wellman Capital Management Inc. (0.19%), Wedge Capital Management L L P NC (0.16%) and New York State Common Retirement Fund (0.16%). 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, 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 $66.23.

How much money does Fortive make?

Fortive (NYSE:FTV) has a market capitalization of $23.43 billion and generates $5.67 billion in revenue each year. The technology company earns $608.40 million in net income (profit) each year or $1.91 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 1/31/2023 by MarketBeat.com Staff