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NYSE:FTV

Fortive Stock Forecast, Price & News

$71.43
-0.44 (-0.61 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$71.25
Now: $71.43
$72.11
50-Day Range
$61.60
MA: $68.18
$81.79
52-Week Range
$37.31
Now: $71.43
$82.12
Volume668,684 shs
Average Volume2.54 million shs
Market Capitalization$24.09 billion
P/E Ratio46.69
Dividend Yield0.39%
Beta1.13
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, facilities management, public safety, mining, and healthcare applications, as well as environmental, health, and safety 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; devices that sense, monitor, and control operational or manufacturing variables; and critical sterilization and disinfection solutions. It markets its products and services under the ACCRUENT, FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, LANDAUER, PRUFTECHNIK, QUALITROL, INVETECH, KEITHLEY, PACIFIC SCIENTIFIC, SONIX, and TEKTRONIX brands. The company's 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. 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: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.94 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$5.51 per share
Book Value$22.80 per share

Profitability

Net Income$738.90 million

Miscellaneous

Market Cap$24.09 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$71.43
-0.44 (-0.61 %)
(As of 11/27/2020 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?

Fortive's stock was trading at $59.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FTV stock has increased by 20.2% and is now trading at $71.43.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Fortive?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Fortive
.

What stocks does MarketBeat like better than Fortive?

Wall Street analysts have given Fortive a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Fortive wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Fortive's next earnings date?

Fortive is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Fortive
.

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) announced its earnings results on Tuesday, October, 27th. The technology company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. The technology company earned $1.90 billion during the quarter, compared to the consensus estimate of $1.92 billion. Fortive had a net margin of 8.21% and a return on equity of 16.30%.
View Fortive's earnings history
.

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

Fortive announced a quarterly dividend on Thursday, November 5th. Investors of record on Friday, November 27th will be given a dividend of $0.07 per share on Monday, December 28th. This represents a $0.28 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Wednesday, November 25th.
View Fortive's dividend history
.

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

Fortive updated its fourth quarter 2020 After-Hours earnings guidance on Tuesday, October, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.002-2.062 billion, compared to the consensus revenue estimate of $1.27 billion.

What price target have analysts set for FTV?

14 analysts have issued 12 month price targets for Fortive's shares. Their forecasts range from $67.00 to $91.00. On average, they anticipate Fortive's share price to reach $78.58 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for Fortive
.

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 54, Pay $3.77M)
  • Mr. Charles E. McLaughlin, Sr. VP & CFO (Age 59, Pay $1.86M)
  • Mr. Patrick K. Murphy, Sr. VP (Age 58, Pay $1.22M)
  • Mr. William W. Pringle, Sr. VP (Age 52, Pay $1.19M)
  • Ms. Barbara B. Hulit, Sr. VP (Age 53, Pay $1.31M)
  • Mr. Christopher M. Mulhall, VP & Chief Accounting Officer (Age 47)
  • Griffin Whitney, VP of Investor Relations
  • Mr. Peter C. Underwood, Sr. VP, Gen. Counsel & Sec. (Age 50)
  • Mr. Jonathan L. Schwarz, VP of Strategy & Corp. Devel. (Age 48)
  • Ms. Stacey A. Walker, Sr. VP of HR (Age 49)

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 number of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (1.60%), Champlain Investment Partners LLC (1.21%), Third Point LLC (0.89%), Nuveen Asset Management LLC (0.78%), Blair William & Co. IL (0.48%) and Sei Investments Co. (0.45%). 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 institutional investors are selling Fortive stock?

FTV stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Lombard Odier Asset Management Switzerland SA, Interval Partners LP, Massachusetts Financial Services Co. MA, Schonfeld Strategic Advisors LLC, Nissay Asset Management Corp Japan ADV, King Luther Capital Management Corp, and Westpac Banking Corp. 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, Jonathan L Schwarz, 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 institutional investors are buying Fortive stock?

FTV stock was bought by a variety of institutional investors in the last quarter, including Third Point LLC, Alps Advisors Inc., Arrowstreet Capital Limited Partnership, Jennison Associates LLC, Natixis, Great West Life Assurance Co. Can, MUFG Securities EMEA plc, and Blair William & Co. IL.
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 $71.43.

How big of a company is Fortive?

Fortive has a market capitalization of $24.09 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 11/28/2020 by MarketBeat.com Staff

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