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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NYSE:FTV

Fortive - FTV Stock Forecast, Price & News

$67.89
+0.34 (+0.50%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$67.45
$68.40
50-Day Range
$58.30
$68.47
52-Week Range
$52.47
$76.93
Volume
1.53 million shs
Average Volume
2.50 million shs
Market Capitalization
$24.02 billion
P/E Ratio
35.54
Dividend Yield
0.41%
Price Target
$73.57

Fortive MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
8.4% Upside
$73.57 Price Target
Short Interest
Healthy
1.27% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.51
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$3.15 M Sold Last Quarter
Proj. Earnings Growth
7.37%
From $3.12 to $3.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Computer And Technology Sector

330th out of 635 stocks

Process Control Instruments Industry

7th out of 11 stocks

FTV stock logo

About Fortive (NYSE:FTV) Stock

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, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL 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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FTV Stock News Headlines

Fortive Co. (NYSE:FTV) Plans $0.07 Quarterly Dividend
Robert W. Baird Keeps Their Buy Rating on Fortive (FTV)
Fortive (FTV) Beats Q3 Earnings and Revenue Estimates
Fortive Corporation Q3 Profit Increases, beats estimates
Earnings Outlook For Fortive
Is Danaher (DHR) a Good Long-Term Buy? - Yahoo Finance
Reasons to Retain Fortive (FTV) Stock in Your Portfolio
See More Headlines
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FTV Company Calendar

Ex-Dividend for 9/30 Dividend
8/30/2022
Dividend Payable
9/30/2022
Last Earnings
10/26/2022
Ex-Dividend for 12/30 Dividend
11/29/2022
Today
12/01/2022
Dividend Payable
12/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/02/2023

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
N/A
Fax
N/A
Employees
18,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$73.57
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+8.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$608.40 million
Pretax Margin
13.97%

Debt

Sales & Book Value

Annual Sales
$5.25 billion
Cash Flow
$4.02 per share
Book Value
$26.56 per share

Miscellaneous

Free Float
351,013,000
Market Cap
$24.02 billion
Optionable
Optionable
Beta
1.13

Key Executives

  • Mr. James A. LicoMr. James A. Lico (Age 56)
    Pres, CEO & Director
    Comp: $4.84M
  • Mr. Charles E. McLaughlinMr. Charles E. McLaughlin (Age 61)
    Sr. VP & CFO
    Comp: $2.12M
  • Ms. Barbara B. HulitMs. Barbara B. Hulit (Age 55)
    Exec. Advisor
    Comp: $1.63M
  • Mr. Edward Read Simmons (Age 48)
    Sr. VP of Strategy
    Comp: $1.29M
  • Mr. Olumide Soroye (Age 50)
    Pres & CEO of Intelligent Operating Solutions Segment
    Comp: $2.12M
  • Mr. Christopher M. MulhallMr. Christopher M. Mulhall (Age 49)
    VP & Chief Accounting Officer
  • Mr. Victor P. Fetter III (Age 53)
    Chief Information Officer
  • Griffin Whitney
    VP of Investor Relations
  • Mr. Peter C. UnderwoodMr. Peter C. Underwood (Age 52)
    Sr. VP & Gen. Counsel
  • Mr. Jonathan L. SchwarzMr. Jonathan L. Schwarz (Age 50)
    Sr. VP of Corp. Devel.













FTV Stock - Frequently Asked Questions

Should I buy or sell Fortive stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 12-month price targets for Fortive's shares. Their FTV share price forecasts range from $60.00 to $95.00. On average, they expect the company's stock price to reach $73.57 in the next twelve months. This suggests a possible upside of 8.4% 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 2022?

Fortive's stock was trading at $76.29 at the start of the year. Since then, FTV shares have decreased by 11.0% and is now trading at $67.89.
View the best growth stocks for 2022 here
.

Are investors shorting Fortive?

Fortive saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 4,760,000 shares, a decrease of 11.7% from the October 15th total of 5,390,000 shares. Based on an average trading volume of 1,850,000 shares, the short-interest ratio is presently 2.6 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 Thursday, February 2nd 2023.
View our FTV earnings forecast
.

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) released its quarterly earnings results on Wednesday, October, 26th. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.03. The technology company earned $1.46 billion during the quarter, compared to analysts' expectations of $1.44 billion. Fortive had a net margin of 12.22% and a trailing twelve-month return on equity of 11.69%.

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

Fortive announced a quarterly dividend on Thursday, November 3rd. Shareholders of record on Wednesday, November 30th will be paid a dividend of $0.07 per share on Friday, December 30th. This represents a $0.28 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Tuesday, November 29th.
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 0.41%. 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 has approved a share repurchase program on Thursday, February 17th 2022, which permits the company to repurchase 20,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

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

Fortive issued an update on 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 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.09%), BlackRock Inc. (8.42%), Royal Bank of Canada (4.97%), State Street Corp (3.78%), Flossbach Von Storch AG (3.59%) and Massachusetts Financial Services Co. MA (1.95%). 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 $67.89.

How much money does Fortive make?

Fortive (NYSE:FTV) has a market capitalization of $24.02 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 12/2/2022 by MarketBeat.com Staff