Fortive Corporation is a diversified industrial growth company. The Company designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The Company operates through two segments: Professional Instrumentation and Industrial Technologies. The Company's brands operate in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution markets. The Professional Instrumentation segment offers essential products, software and services used to create actionable intelligence by measuring and monitoring a range of physical parameters in industrial applications, including electrical current, radio frequency signals, distance, pressure and temperature. The Industrial Technologies segment offers critical technical equipment, components, software and services for manufacturing, repair and transportation markets around the world.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductor Equipment & Testing
- Sub-Industry: N/A
- Symbol: NYSE:FTV
- CUSIP: N/A
- Web: www.fortive.com
Capitalization:- Market Cap: $24.27 billion
- Outstanding Shares: 347,101,000
Average Prices:- 50 Day Moving Avg: $69.00
- 200 Day Moving Avg: $69.00
- 52 Week Range: $46.81 - $70.53
P/E:- Trailing P/E Ratio: 27.64
- Foreward P/E Ratio: 22.78
- P/E Growth: 3.15
Sales & Book Value:- Annual Revenue: $6.36 billion
- Price / Sales: 3.82
- Book Value: $9.13 per share
- Price / Book: 7.66
Dividend:- Annual Dividend: $0.28
- Dividend Yield: 0.4%
Profitability:- EBIDTA: $1.49 billion
- Net Margins: 14.02%
- Return on Equity: 32.88%
- Return on Assets: 11.27%
Debt:- Debt-to-Equity Ratio: 1.01%
- Current Ratio: 1.97%
- Quick Ratio: 1.56%
Misc:- Average Volume: 1.57 million shs.
- Beta: 0.27
- Short Ratio: 1.79
Frequently Asked Questions for Fortive Corporation (NYSE:FTV)
What is Fortive Corporation's stock symbol?
Fortive Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTV."
How often does Fortive Corporation pay dividends? What is the dividend yield for Fortive Corporation?
Fortive Corporation declared a quarterly dividend on Friday, August 4th. Investors of record on Friday, August 25th will be paid a dividend of $0.07 per share on Friday, September 29th. This represents a $0.28 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Wednesday, August 23rd. View Fortive Corporation's Dividend History.
How were Fortive Corporation's earnings last quarter?
Fortive Corporation (NYSE:FTV) announced its quarterly earnings results on Thursday, July, 27th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.69 by $0.02. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.61 billion. Fortive Corporation had a return on equity of 32.88% and a net margin of 14.02%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS. View Fortive Corporation's Earnings History.
When will Fortive Corporation make its next earnings announcement?
What guidance has Fortive Corporation issued on next quarter's earnings?
Fortive Corporation issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $2.72-$2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.76. Fortive Corporation also updated its Q3 guidance to $0.69-$0.73 EPS.
Where is Fortive Corporation's stock going? Where will Fortive Corporation's stock price be in 2017?
13 analysts have issued 1-year price objectives for Fortive Corporation's shares. Their forecasts range from $47.00 to $67.00. On average, they expect Fortive Corporation's share price to reach $60.90 in the next year. View Analyst Ratings for Fortive Corporation.
Who are some of Fortive Corporation's key competitors?
Some companies that are related to Fortive Corporation include Lam Research Corporation (LRCX), Qorvo (QRVO), Entegris (ENTG), MACOM Technology Solutions Holdings (MTSI), Amkor Technology (AMKR), Brooks Automation (BRKS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Ultra Clean Holdings (UCTT), Axcelis Technologies (ACLS), Nanometrics Incorporated (NANO), Cohu (COHU), Photronics (PLAB), Xcerra Corporation (XCRA), PDF Solutions (PDFS), Camtek (CAMT), Chipmos Technologies (IMOS) and Mattson Technology (MTSN).
Who are Fortive Corporation's key executives?
Fortive Corporation's management team includes the folowing people:
- Alan G. Spoon, Independent Chairman of the Board
- James A. Lico, President, Chief Executive Officer, Director
- Charles E. McLaughlin, Chief Financial Officer, Senior Vice President
- Peter C. Underwood, Senior Vice President, General Counsel, Secretary
- Stacey A. Walker, Senior Vice President - Human Resources
- Patrick J. Byrne, Senior Vice President
- Martin Gafinowitz, Senior Vice President
- Barbara B. Hulit, Senior Vice President
- Patrick K. Murphy, Senior Vice President
- William W. Pringle, Senior Vice President
Who owns Fortive Corporation stock?
Fortive Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (6.20%), Vanguard Group Inc. (5.94%), BlackRock Inc. (5.33%), State Street Corp (3.55%), Capital World Investors (2.83%) and Northern Trust Corp (1.20%). Company insiders that own Fortive Corporation stock include Charles E Mclaughlin, Emily A Weaver, James A Lico and Raj Ratnakar. View Institutional Ownership Trends for Fortive Corporation.
Who sold Fortive Corporation stock? Who is selling Fortive Corporation stock?
Fortive Corporation's stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Voya Investment Management LLC, Winslow Capital Management LLC, Prudential Financial Inc., Alliancebernstein L.P., BNP Paribas Arbitrage SA, Evercore Trust Company N.A. and State Street Corp. Company insiders that have sold Fortive Corporation stock in the last year include Charles E Mclaughlin, Emily A Weaver, James A Lico and Raj Ratnakar. View Insider Buying and Selling for Fortive Corporation.
Who bought Fortive Corporation stock? Who is buying Fortive Corporation stock?
Fortive Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Bessemer Group Inc., BlackRock Inc., JPMorgan Chase & Co., TIAA CREF Investment Management LLC, Vanguard Group Inc., Baillie Gifford & Co. and Cibc World Markets Corp. View Insider Buying and Selling for Fortive Corporation.
How do I buy Fortive Corporation stock?
Shares of Fortive Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fortive Corporation's stock price today?
One share of Fortive Corporation stock can currently be purchased for approximately $69.93.
MarketBeat Community Rating for Fortive Corporation (NYSE FTV)MarketBeat's community ratings are surveys of what our community members think about Fortive Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Fortive Corporation (NYSE:FTV) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 7 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.46) |
| Consensus Price Target: | $60.90 (12.91% downside) |
Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/15/2017 | Royal Bank Of Canada | Reiterated Rating | Hold | $66.00 | Low |  |
| 7/30/2017 | Stifel Nicolaus | Reiterated Rating | Hold | $62.00 | Low | |
| 7/11/2017 | Morgan Stanley | Reiterated Rating | Equal Weight | | Low | |
| 5/22/2017 | Oppenheimer Holdings, Inc. | Reiterated Rating | Hold | | Low | |
| 4/30/2017 | Barclays PLC | Set Price Target | Buy | $66.00 | Medium | |
| 4/19/2017 | Cowen and Company | Boost Price Target | Market Perform | $46.00 -> $52.00 | Low | |
| 3/29/2017 | SunTrust Banks, Inc. | Upgrade | Hold -> Buy | $67.00 | Low | |
| 3/24/2017 | J P Morgan Chase & Co | Upgrade | Neutral -> Overweight | $56.00 -> $66.00 | Medium | |
| 2/7/2017 | William Blair | Reiterated Rating | Market Perform | | N/A | |
| 1/13/2017 | Credit Suisse Group | Upgrade | Neutral -> Outperform | $54.00 -> $60.00 | N/A | |
| 12/15/2016 | Sanford C. Bernstein | Reiterated Rating | Outperform | | N/A | |
| 9/28/2016 | Goldman Sachs Group, Inc. (The) | Initiated Coverage | Neutral | $47.00 | N/A | |
| 9/23/2016 | Raymond James Financial, Inc. | Initiated Coverage | Outperform | $58.00 | N/A | |
| 9/8/2016 | Argus | Initiated Coverage | Hold | | N/A | |
| 8/4/2016 | Citigroup Inc. | Boost Price Target | Neutral | $51.00 -> $52.00 | N/A | |
| 7/26/2016 | Bank of America Corporation | Initiated Coverage | Buy | $55.00 | N/A | |
| 7/8/2016 | Robert W. Baird | Initiated Coverage | Neutral | $52.00 | N/A | |
(Data available from 9/22/2015 forward)
Earnings History for Fortive Corporation (NYSE:FTV)Earnings History by Quarter for Fortive Corporation (NYSE FTV)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/26/2017 | | | | | | | | |
| 7/27/2017 | Q2 2017 | $0.69 | $0.71 | $1.61 billion | $1.63 billion | View | N/A | |
| 4/27/2017 | Q1 2017 | $0.57 | $0.60 | $1.53 billion | $1.54 billion | View | N/A | |
| 2/7/2017 | Q416 | $0.67 | $0.68 | $1.61 billion | $1.63 billion | View | Listen | |
| 10/27/2016 | Q316 | $0.59 | $0.67 | $1.54 billion | $1.57 billion | View | Listen | |
| 8/2/2016 | Q216 | $0.61 | $0.69 | $1.56 million | $1.56 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Fortive Corporation (NYSE:FTV)2017 EPS Consensus Estimate: $2.68
2018 EPS Consensus Estimate: $2.92
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.57 | $0.57 | $0.57 |
| Q2 2017 | 3 | $0.66 | $0.68 | $0.67 |
| Q3 2017 | 3 | $0.69 | $0.71 | $0.70 |
| Q4 2017 | 3 | $0.72 | $0.75 | $0.74 |
| Q1 2018 | 1 | $0.62 | $0.62 | $0.62 |
| Q2 2018 | 1 | $0.74 | $0.74 | $0.74 |
| Q3 2018 | 1 | $0.76 | $0.76 | $0.76 |
| Q4 2018 | 1 | $0.80 | $0.80 | $0.80 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Fortive Corporation (NYSE:FTV)| Next Dividend: | 9/29/2017 |
| Annual Dividend: | $0.28 |
| Dividend Yield: | 0.40% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 11.02% (Trailing 12 Months of Earnings)
10.04% (Based on This Year's Estimates)
9.12% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Fortive Corporation (NYSE FTV)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/4/2017 | quarterly | $0.07 | 0.42% | 8/23/2017 | 8/25/2017 | 9/29/2017 |
| 4/14/2017 | quarterly | $0.07 | 0.46% | 5/24/2017 | 5/26/2017 | 6/30/2017 |
| 1/25/2017 | quarterly | $0.07 | 0.51% | 2/22/2017 | 2/24/2017 | 3/31/2017 |
| 11/4/2016 | quarterly | $0.07 | 0.55% | 11/22/2016 | 11/25/2016 | 12/30/2016 |
| 8/5/2016 | special | $0.07 | | 8/24/2016 | 8/26/2016 | 9/30/2016 |
(Data available from 1/1/2013 forward)
Headline Trends for Fortive Corporation (NYSE:FTV)
Latest Headlines for Fortive Corporation (NYSE:FTV)
| Source: |
|
| Date | Headline |
|---|
 | Why You Shouldn't Bet Against Fortive Corporation (FTV) Stock
finance.yahoo.com - September 21 at 7:00 PM |
| Fortive Corp. : FTV-US: Dividend Analysis : August 25th, 2017 (record date) : By the numbers : September 21, 2017
finance.yahoo.com - September 21 at 7:00 PM |
 | Critical Survey: Fortive Corporation (FTV) & The Competition
www.americanbankingnews.com - September 21 at 4:26 PM |
| Here's Why Fortive (FTV) Deserves a Place in Your Portfolio
finance.yahoo.com - September 21 at 12:53 AM |
 | Here's Why Fortive (FTV) Deserves a Place in Your Portfolio - Nasdaq
www.nasdaq.com - September 20 at 7:52 PM |
| Here's Why Fortive (FTV) Deserves a Place in Your Portfolio
finance.yahoo.com - September 20 at 7:52 PM |
| First Week of November 17th Options Trading For Fortive (FTV)
www.nasdaq.com - September 19 at 6:52 PM |
| Fortive Corporation (FTV) Upgraded at Zacks Investment Research
www.americanbankingnews.com - September 19 at 12:34 PM |
 | Fortive Exceeding Expectations And Deploying Capital Into M&A - Seeking Alpha
seekingalpha.com - September 18 at 8:53 PM |
| Fortive Corporation (FTV) Receives "Hold" Rating from Royal Bank Of Canada
www.americanbankingnews.com - September 15 at 9:14 PM |
 | The Law Offices of Vincent Wong Reminds Investors of an Investigation of Landauer, Inc. in Connection with the Sale of the Company to Fortive Corporation
www.businesswire.com - September 12 at 7:42 PM |
| Fortive Reaches Analyst Target Price
www.nasdaq.com - September 12 at 7:42 PM |
| Comparing Fortive Corporation (FTV) & its Rivals
www.americanbankingnews.com - September 10 at 6:26 PM |
 | Fortive to buy radiation safety company Landauer for $770 million - Reuters
www.reuters.com - September 8 at 7:21 PM |
| Fortive to Acquire Landauer, Boost Field Solutions Platform - Nasdaq
www.nasdaq.com - September 8 at 7:21 PM |
 | Landauer Inc. (LDR) Leaped To A New High After Bought By Fortive
www.rttnews.com - September 7 at 7:04 PM |
 | Fortive (FTV) to Acquire Landauer (LDR) in $770M Deal
www.streetinsider.com - September 7 at 7:04 PM |
| Fortive to Present at RBC Capital Markets 2017 Global Industrials Conference
finance.yahoo.com - September 7 at 7:04 PM |
| $1.65 Billion in Sales Expected for Fortive Corporation (FTV) This Quarter
www.americanbankingnews.com - September 7 at 10:42 AM |
| Fortive To Acquire Landauer For Around $770 Million
www.rttnews.com - September 6 at 6:48 PM |
 | Landauer to be acquired by Fortive in all-cash deal valued at about $770 million
www.marketwatch.com - September 6 at 6:48 PM |
| Fortive to buy radiation safety company Landauer for $770 million
www.reuters.com - September 6 at 6:48 PM |
| Fortive to Acquire Landauer for $67.25 Per Share, or Approximately $770 Million
finance.yahoo.com - September 6 at 6:47 PM |
| Landauer, Inc. To Be Acquired By Fortive For $67.25 Per Share In Cash
finance.yahoo.com - September 6 at 6:47 PM |
| Fortive to buy radiation safety company Landauer for $770 mln
finance.yahoo.com - September 6 at 6:47 PM |
| Fortive to Present at Morgan Stanley 5th Annual Laguna Conference
finance.yahoo.com - September 6 at 6:47 PM |
| $0.72 EPS Expected for Fortive Corporation (FTV) This Quarter
www.americanbankingnews.com - September 5 at 2:20 AM |
| Fortive Corp. – Value Analysis (NYSE:FTV) : September 2, 2017
finance.yahoo.com - September 2 at 12:15 AM |
| Reviewing Fortive Corporation (FTV) and Photronics (PLAB)
www.americanbankingnews.com - August 31 at 8:08 AM |
| Fortive to Present at the Vertical Research Partners Industrial Conference
finance.yahoo.com - August 30 at 8:13 PM |
| Fortive Corp. breached its 50 day moving average in a Bearish Manner : FTV-US : August 29, 2017
finance.yahoo.com - August 29 at 7:22 PM |
| Fortive Corporation (FTV) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 29 at 6:36 PM |
| Fortive Corporation (FTV) & FormFactor (FORM) Head to Head Comparison
www.americanbankingnews.com - August 27 at 8:18 AM |
| Fortive Corporation (FTV) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - August 25 at 1:05 PM |
| Why You Shouldn't Bet Against Fortive Corporation (FTV) Stock - Nasdaq
www.nasdaq.com - August 24 at 5:06 AM |
| Why You Shouldn't Bet Against Fortive Corporation (FTV) Stock
finance.yahoo.com - August 24 at 5:05 AM |
| Fortive Corporation (FTV) Ex-Dividend Date Scheduled for August 23, 2017 - Nasdaq
www.nasdaq.com - August 23 at 12:26 AM |
| Fortive Corporation (FTV) Expected to Announce Earnings of $0.72 Per Share
www.americanbankingnews.com - August 17 at 4:20 PM |
| Charles E. Mclaughlin Sells 6,565 Shares of Fortive Corporation (FTV) Stock
www.americanbankingnews.com - August 16 at 10:28 PM |
| ETFs with exposure to Fortive Corp. : August 14, 2017
finance.yahoo.com - August 14 at 7:12 PM |
| Earnings Review and Free Research Report: Fortive’s Second-Quarter Results Beat Estimates; Update on Industrial Scientific’s Acquisition
finance.yahoo.com - August 10 at 8:12 PM |
| Comparing Fortive Corporation (NYSE:FTV) & Axcelis Technologies (ACLS)
www.americanbankingnews.com - August 10 at 12:46 PM |
| Analyzing Fortive Corporation (NYSE:FTV) and Kulicke and Soffa Industries (KLIC)
www.americanbankingnews.com - August 5 at 7:09 AM |
| Fortive Corporation (FTV) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 4 at 8:44 PM |
| Fortive Corporation Plans Quarterly Dividend of $0.07 (NYSE:FTV)
www.americanbankingnews.com - August 4 at 6:22 PM |
| These 25 stocks in the S&P 500 just hit record highs
www.marketwatch.com - August 3 at 3:45 PM |
| $1.62 Billion in Sales Expected for Fortive Corporation (FTV) This Quarter
www.americanbankingnews.com - August 1 at 8:05 AM |
| Fortive Corp. :FTV-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 6:31 PM |
| Fortive Corporation's (NYSE:FTV) Sector Perform Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - July 30 at 9:10 PM |
| Fortive Corporation's (FTV) "Hold" Rating Reiterated at Stifel Nicolaus
www.americanbankingnews.com - July 30 at 10:19 AM |
Fortive Corporation (FTV) Chart for Friday, September, 22, 2017
