NYSE:FTV

Fortive Stock Forecast, Price & News

$68.75
-0.22 (-0.32 %)
(As of 07/27/2021 11:16 AM ET)
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Today's Range
$68.07
$69.00
50-Day Range
$68.37
$73.55
52-Week Range
$60.82
$82.12
Volume22,619 shs
Average Volume2.75 million shs
Market Capitalization$23.27 billion
P/E Ratio15.01
Dividend Yield0.40%
Beta1.13
30 days | 90 days | 365 days | Advanced Chart
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Fortive logo

About Fortive

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its products and services under the ACCRUENT, FLUKE, FLUKE NETWORKS, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, and PRUFTECHNIK brands. The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets. This segment markets its products under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands. Its Advanced Healthcare Solutions segment offers hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services; subscription-based surgical inventory management systems to facilitate inventory management and regulatory compliance, as well as technical, analytical, and compliance services to determine radiation exposure services under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

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MarketRank

Overall MarketRank

2.31 out of 5 stars

Computer And Technology Sector

25th out of 1,651 stocks

Process Control Instruments Industry

2nd out of 26 stocks

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Fortive (NYSE:FTV) Frequently Asked Questions

Is Fortive a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Fortive stock.
View analyst ratings for Fortive
or view top-rated stocks.

What stocks does MarketBeat like better than Fortive?

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.
View MarketBeat's top stock picks here.

Are investors shorting Fortive?

Fortive saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 7,750,000 shares, a decrease of 50.4% from the June 30th total of 15,610,000 shares. Based on an average daily volume of 2,700,000 shares, the short-interest ratio is currently 2.9 days.
View Fortive's Short Interest
.

When is Fortive's next earnings date?

Fortive is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Fortive
.

How can I listen to Fortive's earnings call?

Fortive will be holding an earnings conference call on Thursday, July 29th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-621-4642 with passcode "3975045".

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) released its quarterly earnings results on Thursday, April, 29th. The technology company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.03. The technology company had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.22 billion. Fortive had a trailing twelve-month return on equity of 12.85% and a net margin of 27.76%. During the same quarter last year, the firm earned $0.74 earnings per share.
View Fortive's earnings history
.

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 (WHO). Since then, FTV stock has increased by 16.1% and is now trading at $68.97.
View which stocks have been most impacted by COVID-19
.

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

Fortive declared a quarterly dividend on Thursday, April 8th. Stockholders of record on Friday, May 28th will be paid a dividend of $0.07 per share on Friday, June 25th. This represents a $0.28 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date is Thursday, May 27th.
View Fortive's dividend history
.

Is Fortive a good dividend stock?

Fortive pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.40%. 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 9.76% next year. This indicates that Fortive will be able to sustain or increase its dividend.
View Fortive's dividend history.

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

Fortive updated its second quarter 2021 earnings guidance on Monday, July, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.96 billion-$1.96 billion, compared to the consensus revenue estimate of $1.28 billion.

What price target have analysts set for FTV?

11 brokers have issued 1-year target prices for Fortive's shares. Their forecasts range from $72.00 to $89.00. On average, they expect Fortive's stock price to reach $80.64 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price.
View analysts' price targets for Fortive
or view top-rated stocks among Wall Street analysts.

Who are Fortive's key executives?

Fortive's management team includes the following people:
  • Mr. James A. Lico, CEO & Director (Age 55, Pay $4M)
  • Mr. Charles E. McLaughlin, Sr. VP & CFO (Age 60, Pay $1.99M)
  • Ms. Stacey A. Walker, Sr. VP of HR (Age 50, Pay $1.26M)
  • Ms. Barbara B. Hulit, Sr. VP of Advanced Healthcare Solutions (Age 54, Pay $1.38M)
  • Mr. Justin McElhattan, Group Pres
  • Ms. Tami Newcombe, Group Pres
  • Mr. Christopher M. Mulhall, VP & Chief Accounting Officer (Age 48)
  • Griffin Whitney, VP of Investor Relations
  • Mr. Peter C. Underwood, Sr. VP & Gen. Counsel (Age 51)
  • Mr. Jonathan L. Schwarz, Sr. VP of Corp. Devel. (Age 49)

What is James A. Lico's approval rating as Fortive's CEO?

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.

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).

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 retail and institutional investors. Top institutional investors include Welch & Forbes LLC (0.08%), EFG Asset Management Americas Corp. (0.03%), Hikari Power Ltd (0.02%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%) and Oregon Public Employees Retirement Fund (0.01%). 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, 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 TIAA FSB, Welch & Forbes LLC, Equitec Specialists LLC, First Command Bank, Palisade Asset Management LLC, Davis Rea LTD., State of Alaska Department of Revenue, and Raymond James Trust N.A.. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, Gwen L Shaneyfelt, James A Lico, Jonathan L Schwarz, Mitchell P Rales, Patrick K Murphy, Stacey A Walker, Steven M Rales, and William W Pringle.
View insider buying and selling activity for Fortive
or view top insider-selling stocks.

Which institutional investors are buying Fortive stock?

FTV stock was purchased by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, CHICAGO TRUST Co NA, New Mexico Educational Retirement Board, Hikari Power Ltd, EFG Asset Management Americas Corp., Clean Yield Group, and Oregon Public Employees Retirement Fund.
View insider buying and selling activity for Fortive
or or view top insider-buying stocks.

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 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 $68.97.

How much money does Fortive make?

Fortive has a market capitalization of $23.35 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.

How many employees does Fortive have?

Fortive employs 17,000 workers across the globe.

What is Fortive's official website?

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

Where are Fortive's headquarters?

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

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 7/27/2021 by MarketBeat.com Staff
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