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 - NEC
- Sub-Industry: N/A
- Symbol: NYSE:FTV
- CUSIP: N/A
- Web: www.fortive.com
Capitalization:- Market Cap: $21.72161 billion
- Outstanding Shares: 346,584,000
Average Prices:- 50 Day Moving Avg: $63.70
- 200 Day Moving Avg: $60.42
- 52 Week Range: $46.81 - $65.21
P/E:- Trailing P/E Ratio: 25.29
- Foreward P/E Ratio: 21.78
- P/E Growth: 3.33
Sales & Book Value:- Annual Revenue: $6.28 billion
- Price / Sales: 3.56
- Book Value: $8.33 per share
- Price / Book: 7.74
Dividend:- Annual Dividend: $0.28
- Dividend Yield: 0.5%
Profitability:- EBIDTA: $1.47 billion
- Net Margins: 14.02%
- Return on Equity: 34.27%
- Return on Assets: 11.36%
Debt:- Debt-to-Equity Ratio: 1.13%
- Current Ratio: 1.80%
- Quick Ratio: 1.39%
Misc:- Average Volume: 1.36 million shs.
- 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 announced a quarterly dividend on Friday, April 14th. Shareholders of record on Friday, May 26th will be given a dividend of $0.07 per share on Friday, June 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date is Wednesday, May 24th. View Fortive Corporation's Dividend History.
How were Fortive Corporation's earnings last quarter?
Fortive Corporation (NYSE:FTV) released its quarterly earnings data on Thursday, July, 27th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.69 by $0.02. The firm 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 34.27% and a net margin of 14.02%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.64 earnings per share. View Fortive Corporation's Earnings History.
What guidance has Fortive Corporation issued on next quarter's earnings?
Fortive Corporation updated its FY17 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of $2.72-$2.80 for the period, compared to the Thomson Reuters consensus 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?
14 brokers have issued twelve-month price objectives for Fortive Corporation's shares. Their forecasts range from $47.00 to $67.00. On average, they expect Fortive Corporation's stock price to reach $59.60 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), MACOM Technology Solutions Holdings (MTSI), Entegris (ENTG), Amkor Technology (AMKR), Brooks Automation (BRKS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Ultra Clean Holdings (UCTT), Photronics (PLAB), Nanometrics Incorporated (NANO), Axcelis Technologies (ACLS), PDF Solutions (PDFS), Cohu (COHU), Xcerra Corporation (XCRA), Camtek (CAMT), Mattson Technology (MTSN) and Ultratech (UTEK).
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 shareholders include Bessemer Group Inc. (0.76%), Flossbach Von Storch AG (0.46%), APG Asset Management N.V. (0.42%), Russell Investments Group Ltd. (0.25%), Chevy Chase Trust Holdings Inc. (0.16%) and Douglas Lane & Associates LLC (0.13%). Company insiders that own Fortive Corporation stock include 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 Strs Ohio, Flossbach Von Storch AG, Russell Investments Group Ltd., First Manhattan Co., Great West Life Assurance Co. Can, First Merchants Corp, Chevy Chase Trust Holdings Inc. and Exxonmobil Investment Management Inc. TX. Company insiders that have sold Fortive Corporation stock in the last year include 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 purchased by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Arthur M. Cohen & Associates LLC, Inverness Counsel LLC NY, Barometer Capital Management Inc., Cullinan Associates Inc., National Pension Service, APG Asset Management N.V. and Mitsubishi UFJ Asset Management UK Ltd.. 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 $64.47.
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: | 8 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.43) |
| Consensus Price Target: | $59.60 (7.55% downside) |
Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 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 | |
| 3/23/2017 | Royal Bank Of Canada | Initiated Coverage | Sector Perform | $63.00 | Low | |
| 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 | |
| 7/14/2016 | Stifel Nicolaus | Initiated Coverage | Hold | | N/A | |
| 7/8/2016 | Robert W. Baird | Initiated Coverage | Neutral | $52.00 | N/A | |
(Data available from 7/29/2015 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 |
|---|
| 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)| Most Recent Dividend: | 6/30/2017 |
| Annual Dividend: | $0.28 |
| Dividend Yield: | 0.43% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 11.02% (Trailing 12 Months of Earnings)
10.22% (Based on This Year's Estimates)
9.46% (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 |
|---|
| 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)
Insider Trading and Institutional Ownership History for Fortive Corporation (NYSE:FTV)Insider Ownership Percentage: 12.10%
Institutional Ownership Percentage: 79.16%
Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/31/2017 | Emily A. Weaver | VP | Sell | 3,749 | $62.27 | $233,450.23 | |
| 5/23/2017 | Raj Ratnakar | VP | Sell | 11,642 | $62.31 | $725,413.02 | |
| 5/1/2017 | James A Lico | Insider | Sell | 131,994 | $62.34 | $8,228,505.96 | |
(Data available from 1/1/2013 forward)
Headline Trends for Fortive Corporation (NYSE:FTV)
Latest Headlines for Fortive Corporation (NYSE:FTV)
| Source: |
|
| Date | Headline |
|---|
 | Fortive Technologies (FTV) Beats on Q2 Earnings & Revenues
www.zacks.com - July 29 at 2:05 AM |
 | Industrial Scientific Welcomes New Owner, Fortive Corporation
www.marketwatch.com - July 29 at 2:05 AM |
 | Fortive (FTV) PT Raised to $66 at RBC Capital Following 2Q Beat - StreetInsider.com
www.streetinsider.com - July 28 at 9:02 PM |
 | Fortive Corporation's (FTV) CEO Jim Lico on Q1 2017 Results ... - Seeking Alpha
seekingalpha.com - July 28 at 9:02 PM |
 | Edited Transcript of FTV earnings conference call or presentation 27-Jul-17 9:30pm GMT
finance.yahoo.com - July 28 at 9:02 PM |
 | Industrial Scientific acquired by Fortive Corp. - Pittsburgh Business ... - Pittsburgh Business Times
www.bizjournals.com - July 28 at 5:27 AM |
 | Fortive Corporation (NYSE:FTV) Releases FY17 Earnings Guidance
www.americanbankingnews.com - July 27 at 9:21 PM |
| Fortive Corporation (FTV) Releases Q3 Earnings Guidance
www.americanbankingnews.com - July 27 at 9:21 PM |
 | Fortive Reports Second Quarter 2017 Results and Announces Agreement to Acquire Industrial Scientific Corporation - Business Wire (press release)
www.businesswire.com - July 27 at 7:24 PM |
| Fortive Reports Second Quarter 2017 Results and Announces Agreement to Acquire Industrial Scientific Corporation
finance.yahoo.com - July 27 at 7:24 PM |
 | Fortive (FTV) Likely to Deliver a Surprise in Q2 Earnings - Nasdaq
www.nasdaq.com - July 27 at 5:30 AM |
| Fortive (FTV) Likely to Deliver a Surprise in Q2 Earnings
finance.yahoo.com - July 26 at 7:24 PM |
| Why Earnings Season Could Be Great for Fortive (FTV)
finance.yahoo.com - July 26 at 7:24 PM |
| Fortive Corporation (NYSE:FTV) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - July 24 at 10:57 PM |
| KLA-Tencor (KLAC) Q4 Earnings: Is a Surprise in the Cards?
finance.yahoo.com - July 24 at 8:19 PM |
| ETFs with exposure to Fortive Corp. : July 24, 2017
finance.yahoo.com - July 24 at 8:19 PM |
| Fortive Corp. breached its 50 day moving average in a Bearish Manner : FTV-US : July 24, 2017
finance.yahoo.com - July 24 at 9:20 AM |
| Stock Traders Buy Large Volume of Fortive Corporation Put Options (FTV)
www.americanbankingnews.com - July 19 at 8:15 AM |
| ETFs with exposure to Fortive Corp. : July 14, 2017
finance.yahoo.com - July 14 at 7:49 PM |
| Morgan Stanley Reiterates "Equal Weight" Rating for Fortive Corporation (FTV)
www.americanbankingnews.com - July 11 at 7:08 AM |
| Fortive Corporation (FTV) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 8:52 PM |
| Analysts Anticipate Fortive Corporation (FTV) Will Announce Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - July 8 at 10:30 AM |
| $0.68 EPS Expected for Fortive Corporation (NYSE:FTV) This Quarter
www.americanbankingnews.com - July 6 at 7:35 AM |
| Fortive Corp. – Value Analysis (NYSE:FTV) : July 3, 2017
finance.yahoo.com - July 3 at 6:35 PM |
| Fortive Corp. breached its 50 day moving average in a Bearish Manner : FTV-US : June 30, 2017
finance.yahoo.com - June 30 at 7:09 PM |
| Fortive Schedules Second Quarter 2017 Earnings Conference Call
finance.yahoo.com - June 29 at 10:18 PM |
| Agree To Purchase Fortive Corp At $60, Earn 5.2% Annualized Using Options
www.nasdaq.com - June 16 at 6:01 PM |
| Fortive Corporation (FTV) Presents At The William Blair 2017 Growth Stock Conference - Slideshow
seekingalpha.com - June 16 at 6:01 PM |
| TTM Technologies, Inc. Received Fortive’s 2017 Outstanding Supplier Award
finance.yahoo.com - June 15 at 7:30 PM |
| Fortive Corporation (FTV) Expected to Post Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - June 14 at 1:30 PM |
| Fortive Corporation (FTV) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 13 at 6:43 PM |
| Zacks: Brokerages Anticipate Fortive Corporation (FTV) Will Announce Earnings of $0.68 Per Share
www.americanbankingnews.com - June 12 at 9:27 AM |
| Fortive to Present at the William Blair Growth Stock Conference
finance.yahoo.com - June 8 at 6:20 PM |
| Fortive Corp (FTV) VP Emily A. Weaver Sells 3,749 Shares
www.americanbankingnews.com - June 1 at 7:46 PM |
| Research Reports Coverage on Scientific & Technical Instruments Stocks -- Fitbit, Trimble, Cognex, and Fortive
www.bizjournals.com - May 26 at 6:00 PM |
| Fortive Corp. : FTV-US: Dividend Analysis : May 26th, 2017 (record date) : By the numbers : May 25, 2017
finance.yahoo.com - May 25 at 7:31 PM |
| Fortive Corp (FTV) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 25 at 10:08 AM |
| Brokers Issue Forecasts for Fortive Corp's Q2 2017 Earnings (FTV)
www.americanbankingnews.com - May 25 at 7:24 AM |
| Fortive Corp (FTV) VP Sells $725,413.02 in Stock
www.americanbankingnews.com - May 24 at 10:35 PM |
| Fortive Corporation (FTV) Ex-Dividend Date Scheduled for May 24, 2017 - Nasdaq
www.nasdaq.com - May 24 at 10:10 PM |
| FTV Crosses Above Average Analyst Target
www.nasdaq.com - May 24 at 12:05 PM |
| Oppenheimer Holdings Inc. Reiterates "Hold" Rating for Fortive Corp (FTV)
www.americanbankingnews.com - May 23 at 8:04 PM |
| Fortive Corporation (FTV) Presents At Electrical Products Group 2017 Annual Spring Conference - Slideshow
seekingalpha.com - May 23 at 4:58 PM |
| Fortive Corp (FTV) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 19 at 7:31 PM |
| Fortive Hosts Investor Day, Reaffirms Second Quarter and Full-Year 2017 Guidance
finance.yahoo.com - May 18 at 10:00 AM |
| Fortive Corp (FTV) Updates Q2 Earnings Guidance
www.americanbankingnews.com - May 18 at 9:14 AM |
| Fortive Corp (FTV) Updates FY17 Earnings Guidance
www.americanbankingnews.com - May 18 at 9:14 AM |
| CORRECTING and REPLACING Fortive to Present at Electrical Products Group Conference
finance.yahoo.com - May 17 at 5:19 PM |
| Fortive Corp (FTV) Expected to Announce Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - May 17 at 9:24 AM |
| Brokerages Expect Fortive Corp (FTV) Will Announce Earnings of $0.69 Per Share
www.americanbankingnews.com - May 15 at 8:16 PM |
Fortive Corporation (FTV) Chart for Saturday, July, 29, 2017
