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. $66.92 +0.16 (+0.24%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$66.23▼$67.4450-Day Range$63.45▼$68.2452-Week Range$52.47▼$71.78Volume1.08 million shsAverage Volume1.57 million shsMarket Capitalization$23.68 billionP/E Ratio35.04Dividend Yield0.42%Price Target$73.85 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Fortive MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside10.3% Upside$73.85 Price TargetShort InterestHealthy1.40% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.57Upright™ Environmental ScoreNews Sentiment0.53Based on 9 Articles This WeekInsider TradingSelling Shares$3.15 M Sold Last QuarterProj. Earnings Growth7.37%From $3.12 to $3.35 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.2.52 out of 5 starsComputer And Technology Sector161st out of 627 stocksProcess Control Instruments Industry5th out of 11 stocks 2.3 Analyst's Opinion Consensus RatingFortive has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.85, Fortive has a forecasted upside of 10.3% from its current price of $66.92.Amount of Analyst CoverageFortive has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fortive has recently decreased by 2.56%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldFortive has a dividend yield of 0.42%, 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 14.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Fortive will have a dividend payout ratio of 8.36% 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 2.5 News and Social Media Coverage News SentimentFortive has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Fortive this week, compared to 6 articles on an average week.Search Interest2 people have searched for FTV on MarketBeat in the last 30 days. MarketBeat FollowsOnly 4 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 $3,148,342.00 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 7.37% in the coming year, from $3.12 to $3.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fortive is 35.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortive is 35.04, 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 379.49.Price to Earnings Growth RatioFortive has a PEG Ratio of 2.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFortive has a P/B Ratio of 2.52. 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 HeadlinesJanuary 26, 2023 | americanbankingnews.comFortive Co. (FTV) To Go Ex-Dividend on February 23rdJanuary 23, 2023 | finance.yahoo.comFortive Corporation (FTV) Stock Historical Prices & Data - Yahoo FinanceJanuary 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 20, 2023 | americanbankingnews.comFortive (NYSE:FTV) Price Target Raised to $69.00 at Wells Fargo & CompanyJanuary 19, 2023 | finance.yahoo.comWhat Makes Fortive Corporation (FTV) an Attractive Investment?January 17, 2023 | americanbankingnews.comMizuho Raises Fortive (NYSE:FTV) Price Target to $63.00January 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 yearsJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 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 EstimatesOctober 26, 2022 | markets.businessinsider.comFortive Corporation Q3 Profit Increases, beats estimatesOctober 26, 2022 | finance.yahoo.comFortive Reports Strong Third Quarter 2022 Results; Narrows and Raises Full Year 2022 OutlookOctober 25, 2022 | benzinga.comEarnings Outlook For FortiveOctober 19, 2022 | finance.yahoo.comIs Danaher (DHR) a Good Long-Term Buy? - Yahoo FinanceOctober 17, 2022 | businesswire.comGlobal Facility Management Market Report 2022: Cloud-Based Solutions Proving Popular & Driving Growth - ResearchAndMarkets.com - Business WireOctober 12, 2022 | benzinga.comFortive Will Perform Consistently Even As Macro Slows Into 2023: Analyst - Fortive (NYSE:FTV) - BenzingaOctober 12, 2022 | businesswire.com$2.2 Billion Worldwide Spectrum Analyzer Industry to 2027 - Featuring Advantest, Anritsu, Cobham and Fortive Among Others - ResearchAndMarkets.com - Business WireOctober 11, 2022 | finance.yahoo.comReasons to Retain Fortive (FTV) Stock in Your PortfolioOctober 11, 2022 | nasdaq.comReasons to Retain Fortive (FTV) Stock in Your Portfolio - NasdaqSee 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 Last Earnings10/28/2021Ex-Dividend for 12/30 Dividend11/29/2022Dividend Payable12/30/2022Today1/26/2023Next Earnings (Confirmed)2/01/2023Fiscal 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$73.85 High Stock Price Forecast$95.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside+10.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.91 Trailing P/E Ratio35.04 Forward P/E Ratio21.45 P/E Growth2.31Net Income$608.40 million Net Margins12.22% Pretax Margin13.97% Return on Equity11.69% Return on Assets6.85% Debt Debt-to-Equity Ratio0.27 Current Ratio0.94 Quick Ratio0.73 Sales & Book Value Annual Sales$5.25 billion Price / Sales4.51 Cash Flow$3.86 per share Price / Cash Flow17.32 Book Value$26.54 per share Price / Book2.52Miscellaneous Outstanding Shares353,808,000Free Float351,013,000Market Cap$23.68 billion OptionableOptionable Beta1.12 Key ExecutivesJames A. LicoPresident, Chief Executive Officer & DirectorCharles E. MclaughlinChief Financial Officer & Senior Vice PresidentPeter C. UnderwoodSenior Vice President & General CounselDaniel B. KimSecretary, VP & Associate General CounselPatrick K. MurphyPresident & CEO-Advanced Healthcare SolutionsKey CompetitorsKeysight TechnologiesNYSE:KEYSAMETEKNYSE:AMECognexNASDAQ:CGNXSensata TechnologiesNYSE:STMKS InstrumentsNASDAQ:MKSIView All CompetitorsInsiders & InstitutionsComerica BankBought 2,646 shares on 1/26/2023Ownership: 0.035%Tokio Marine Asset Management Co. Ltd.Bought 691 shares on 1/26/2023Ownership: 0.002%Boenning & Scattergood Inc.Bought 388 shares on 1/26/2023Ownership: 0.001%CENTRAL TRUST CoSold 380 shares on 1/26/2023Ownership: 0.000%Dupont Capital Management CorpSold 284 shares on 1/26/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FTV Stock - Frequently Asked Questions Should I buy or sell Fortive stock right now? 9 Wall Street equities 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 equities 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 Wall Street research analysts have issued 12 month target prices for Fortive's shares. Their FTV share price forecasts range from $63.00 to $95.00. On average, they predict the company's share price to reach $73.85 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 4.2% and is now trading at $66.92. 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 analysts' consensus estimates of $0.65 by $0.01. The technology company earned $1.30 billion during the quarter, compared to analysts' expectations of $1.31 billion. Fortive had a trailing twelve-month return on equity of 11.69% and a net margin of 12.22%. The business's quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.94 EPS. Read the conference call transcript. How often does Fortive pay dividends? What is the dividend yield for Fortive? Fortive declared a quarterly dividend on Tuesday, January 24th. Stockholders 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 yield of 0.42%. The ex-dividend date of this dividend 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 of Directors has initiated a share buyback plan on Thursday, February 17th 2022, which permits the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued. What guidance has Fortive issued on next quarter's earnings? Fortive updated 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 EPS 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 number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.43%), Ceredex Value Advisors LLC (0.32%), Ferguson Wellman Capital Management Inc. (0.19%), Wedge Capital Management L L P NC (0.16%), Defender Capital LLC. (0.11%) and Capital Investment Services of America Inc. (0.09%). 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 $66.92. How much money does Fortive make? Fortive (NYSE:FTV) has a market capitalization of $23.68 billion and generates $5.25 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 1/27/2023 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. 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