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Finally... Some Good News (Ad)pixel
Judge rejects Justice Dept.'s bid to stop sugar merger
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Dow sinks to 2022 low as recession fears roil world markets
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MarketBeat: Week in Review 9/19 – 9/23
'Crucial' vote could move Italy to right; many might boycott
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Finally... Some Good News (Ad)pixel
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
Man Who Predicted Negative Indexes in 2022, Shares "Shocking New Forecast"  (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dow sinks to 2022 low as recession fears roil world markets
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MarketBeat: Week in Review 9/19 – 9/23
'Crucial' vote could move Italy to right; many might boycott
NYSE:FTV

Fortive - FTV Stock Forecast, Price & News

$59.87
-1.02 (-1.68%)
(As of 09/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$58.99
$60.48
50-Day Range
$54.27
$68.66
52-Week Range
$52.47
$79.87
Volume
1.81 million shs
Average Volume
1.59 million shs
Market Capitalization
$21.30 billion
P/E Ratio
33.26
Dividend Yield
0.46%
Price Target
$72.64

Fortive MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
21.3% Upside
$72.64 Price Target
Short Interest
Healthy
1.14% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.49
Upright™ Environmental Score
News Sentiment
0.52mentions of Fortive in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.07%
From $3.11 to $3.33 Per Share

Overall MarketRank

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

2.61 out of 5 stars

Computer And Technology Sector

213th out of 630 stocks

Process Control Instruments Industry

8th out of 10 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 Corp
Food Automation Global Market Report 2022 - Yahoo Finance
Fortive to Present at the Morgan Stanley Laguna Conference
See More Headlines
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FTV Company Calendar

Last Earnings
7/28/2022
Ex-Dividend for 9/30 Dividend
8/30/2022
Today
9/24/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

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
$72.64
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+21.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
10 Analysts

Profitability

Net Income
$608.40 million
Pretax Margin
13.61%

Debt

Sales & Book Value

Annual Sales
$5.25 billion
Cash Flow
$3.82 per share
Book Value
$26.54 per share

Miscellaneous

Free Float
352,887,000
Market Cap
$21.30 billion
Optionable
Optionable
Beta
1.15

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 49)
    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?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last twelve months. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FTV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTV, but not buy additional shares or sell existing shares.
View FTV analyst ratings
or view top-rated stocks.

What is Fortive's stock price forecast for 2022?

10 brokers have issued 1 year price objectives for Fortive's shares. Their FTV share price forecasts range from $60.00 to $95.00. On average, they predict the company's stock price to reach $72.64 in the next year. This suggests a possible upside of 21.3% 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 2022?

Fortive's stock was trading at $76.29 at the beginning of 2022. Since then, FTV shares have decreased by 21.5% and is now trading at $59.87.
View the best growth stocks for 2022 here
.

Are investors shorting Fortive?

Fortive saw a increase in short interest in August. As of August 31st, there was short interest totaling 4,070,000 shares, an increase of 24.5% from the August 15th total of 3,270,000 shares. Based on an average trading volume of 1,890,000 shares, the short-interest ratio is currently 2.2 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, October 27th 2022.
View our FTV earnings forecast
.

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) announced its quarterly earnings results on Thursday, July, 28th. The technology company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.72 by $0.06. The technology company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.41 billion. Fortive had a net margin of 11.86% and a trailing twelve-month return on equity of 11.25%. The firm's revenue was up 10.9% compared to the same quarter last year. During the same period last year, the business posted $0.66 earnings per share.
Read the conference call transcript
.

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

Fortive declared a quarterly dividend on Thursday, August 18th. Stockholders of record on Wednesday, August 31st will be given a dividend of $0.07 per share on Friday, September 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date is Tuesday, August 30th.
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 0.46%. The dividend payout ratio is 15.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FTV will have a dividend payout ratio of 8.41% 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 declared that its Board of Directors has initiated a share repurchase plan on Thursday, February 17th 2022, which authorizes the company to repurchase 20,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

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

Fortive issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $0.74-$0.77 for the period, compared to the consensus estimate of $0.77. The company issued revenue guidance of $1.43 billion-$1.46 billion, compared to the consensus revenue estimate of $1.45 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 Price T Rowe Associates Inc. MD (11.45%), State Street Corp (3.79%), FMR LLC (3.31%), Massachusetts Financial Services Co. MA (1.86%), Champlain Investment Partners LLC (1.58%) and Brown Advisory Inc. (1.25%). 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 $59.87.

How much money does Fortive make?

Fortive (NYSE:FTV) has a market capitalization of $21.30 billion and generates $5.25 billion in revenue each year. The technology company earns $608.40 million in net income (profit) each year or $1.80 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 9/24/2022 by MarketBeat.com Staff

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