Fortive Corporation Company Profile (NYSE:FTV)

About Fortive Corporation (NYSE:FTV)

Fortive Corporation logoFortive 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: $22.57 billion
  • Outstanding Shares: 347,101,000
Average Prices:
  • 50 Day Moving Avg: $64.70
  • 200 Day Moving Avg: $61.61
  • 52 Week Range: $46.81 - $67.48
P/E:
  • Trailing P/E Ratio: 25.61
  • Foreward P/E Ratio: 21.39
  • P/E Growth: 2.93
Sales & Book Value:
  • Annual Revenue: $6.36 billion
  • Price / Sales: 3.55
  • Book Value: $9.13 per share
  • Price / Book: 7.12
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 0.4%
Profitability:
  • EBIDTA: $1.49 billion
  • Net Margins: 14.02%
  • Return on Equity: 32.88%
  • Return on Assets: 11.27%
Debt:
  • Debt-to-Equity Ratio: 1.01%
  • Current Ratio: 1.97%
  • Quick Ratio: 1.56%
Misc:
  • Average Volume: 1.35 million shs.
  • Beta: 0.23
  • 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 declared a quarterly dividend on Friday, August 4th. Shareholders of record on Friday, August 25th will be given a dividend of $0.07 per share on Friday, September 29th. This represents a $0.28 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Wednesday, August 23rd. View Fortive Corporation's Dividend History.

How were Fortive Corporation's earnings last quarter?

Fortive Corporation (NYSE:FTV) posted its quarterly earnings results on Thursday, July, 27th. The company reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.02. The company earned $1.63 billion during the quarter, compared to analyst estimates of $1.61 billion. Fortive Corporation had a return on equity of 32.88% and a net margin of 14.02%. Fortive Corporation's revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS. View Fortive Corporation's Earnings History.

When will Fortive Corporation make its next earnings announcement?

Fortive Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Fortive Corporation.

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 earnings per share 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 12-month price targets for Fortive Corporation's shares. Their predictions range from $47.00 to $67.00. On average, they anticipate Fortive Corporation's stock price to reach $60.90 in the next twelve months. View Analyst Ratings for Fortive Corporation.

Who are some of Fortive Corporation's key competitors?

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 a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (6.20%), Vanguard Group Inc. (5.94%), BlackRock Inc. (5.33%), State Street Corp (3.55%), Capital World Investors (2.83%) and Northern Trust Corp (1.20%). Company insiders that own Fortive Corporation stock include Charles E Mclaughlin, 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 First Eagle Investment Management LLC, Voya Investment Management LLC, Winslow Capital Management LLC, Prudential Financial Inc., Alliancebernstein L.P., BNP Paribas Arbitrage SA, Evercore Trust Company N.A. and State Street Corp. Company insiders that have sold Fortive Corporation stock in the last year include Charles E Mclaughlin, 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 Capital World Investors, Bessemer Group Inc., BlackRock Inc., JPMorgan Chase & Co., TIAA CREF Investment Management LLC, Vanguard Group Inc., Baillie Gifford & Co. and Cibc World Markets Corp. 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 $65.03.


MarketBeat Community Rating for Fortive Corporation (NYSE FTV)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  82 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  176
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.

Analyst Ratings

Consensus Ratings for Fortive Corporation (NYSE:FTV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $60.90 (6.35% downside)

Analysts' Ratings History for Fortive Corporation (NYSE:FTV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/30/2017Royal Bank Of CanadaReiterated RatingSector Perform$65.00 -> $66.00LowView Rating Details
7/30/2017Stifel NicolausReiterated RatingHold$62.00LowView Rating Details
7/11/2017Morgan StanleyReiterated RatingEqual WeightLowView Rating Details
5/22/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
4/30/2017Barclays PLCSet Price TargetBuy$66.00MediumView Rating Details
4/19/2017Cowen and CompanyBoost Price TargetMarket Perform$46.00 -> $52.00LowView Rating Details
3/29/2017SunTrust Banks, Inc.UpgradeHold -> Buy$67.00LowView Rating Details
3/24/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$56.00 -> $66.00MediumView Rating Details
2/7/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
1/13/2017Credit Suisse GroupUpgradeNeutral -> Outperform$54.00 -> $60.00N/AView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingOutperformN/AView Rating Details
9/28/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$47.00N/AView Rating Details
9/23/2016Raymond James Financial, Inc.Initiated CoverageOutperform$58.00N/AView Rating Details
9/8/2016ArgusInitiated CoverageHoldN/AView Rating Details
8/4/2016Citigroup Inc.Boost Price TargetNeutral$51.00 -> $52.00N/AView Rating Details
7/26/2016Bank of America CorporationInitiated CoverageBuy$55.00N/AView Rating Details
7/8/2016Robert W. BairdInitiated CoverageNeutral$52.00N/AView Rating Details
(Data available from 8/20/2015 forward)

Earnings

Earnings History for Fortive Corporation (NYSE:FTV)
Earnings by Quarter for Fortive Corporation (NYSE:FTV)
Earnings History by Quarter for Fortive Corporation (NYSE FTV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017        
7/27/2017Q2 2017$0.69$0.71$1.61 billion$1.63 billionViewN/AView Earnings Details
4/27/2017Q1 2017$0.57$0.60$1.53 billion$1.54 billionViewN/AView Earnings Details
2/7/2017Q416$0.67$0.68$1.61 billion$1.63 billionViewListenView Earnings Details
10/27/2016Q316$0.59$0.67$1.54 billion$1.57 billionViewListenView Earnings Details
8/2/2016Q216$0.61$0.69$1.56 million$1.56 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fortive Corporation (NYSE:FTV)
2017 EPS Consensus Estimate: $2.68
2018 EPS Consensus Estimate: $2.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.57$0.57$0.57
Q2 20173$0.66$0.68$0.67
Q3 20173$0.69$0.71$0.70
Q4 20173$0.72$0.75$0.74
Q1 20181$0.62$0.62$0.62
Q2 20181$0.74$0.74$0.74
Q3 20181$0.76$0.76$0.76
Q4 20181$0.80$0.80$0.80
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Fortive Corporation (NYSE:FTV)
Next Dividend:9/29/2017
Annual Dividend:$0.28
Dividend Yield:0.43%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:11.02% (Trailing 12 Months of Earnings)
10.04% (Based on This Year's Estimates)
9.21% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fortive Corporation (NYSE:FTV)

Dividend History by Quarter for Fortive Corporation (NYSE FTV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.070.42%8/23/20178/25/20179/29/2017
4/14/2017quarterly$0.070.46%5/24/20175/26/20176/30/2017
1/25/2017quarterly$0.070.51%2/22/20172/24/20173/31/2017
11/4/2016quarterly$0.070.55%11/22/201611/25/201612/30/2016
8/5/2016special$0.078/24/20168/26/20169/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Fortive Corporation (NYSE:FTV)
Insider Ownership Percentage: 12.10%
Institutional Ownership Percentage: 78.55%
Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)
Institutional Ownership by Quarter for Fortive Corporation (NYSE:FTV)
Insider Trades by Quarter for Fortive Corporation (NYSE:FTV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017Charles E. MclaughlinCFOSell6,565$66.09$433,880.85View SEC Filing  
5/31/2017Emily A. WeaverVPSell3,749$62.27$233,450.23View SEC Filing  
5/23/2017Raj RatnakarVPSell11,642$62.31$725,413.02View SEC Filing  
5/1/2017James A LicoInsiderSell131,994$62.34$8,228,505.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Fortive Corporation (NYSE:FTV)
Latest Headlines for Fortive Corporation (NYSE:FTV)
Source:
DateHeadline
americanbankingnews.com logoFortive Corporation (FTV) Expected to Announce Earnings of $0.72 Per Share
www.americanbankingnews.com - August 17 at 4:20 PM
americanbankingnews.com logoCharles E. Mclaughlin Sells 6,565 Shares of Fortive Corporation (FTV) Stock
www.americanbankingnews.com - August 16 at 10:28 PM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : August 14, 2017
finance.yahoo.com - August 14 at 7:12 PM
finance.yahoo.com logoEarnings Review and Free Research Report: Fortive’s Second-Quarter Results Beat Estimates; Update on Industrial Scientific’s Acquisition
finance.yahoo.com - August 10 at 8:12 PM
americanbankingnews.com logoComparing Fortive Corporation (NYSE:FTV) & Axcelis Technologies (ACLS)
www.americanbankingnews.com - August 10 at 12:46 PM
americanbankingnews.com logoAnalyzing Fortive Corporation (NYSE:FTV) and Kulicke and Soffa Industries (KLIC)
www.americanbankingnews.com - August 5 at 7:09 AM
americanbankingnews.com logoFortive Corporation (FTV) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 4 at 8:44 PM
americanbankingnews.com logoFortive Corporation Plans Quarterly Dividend of $0.07 (NYSE:FTV)
www.americanbankingnews.com - August 4 at 6:22 PM
marketwatch.com logoThese 25 stocks in the S&P 500 just hit record highs
www.marketwatch.com - August 3 at 3:45 PM
americanbankingnews.com logo$1.62 Billion in Sales Expected for Fortive Corporation (FTV) This Quarter
www.americanbankingnews.com - August 1 at 8:05 AM
finance.yahoo.com logoFortive Corp. :FTV-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 6:31 PM
americanbankingnews.com logoFortive Corporation's (NYSE:FTV) Sector Perform Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - July 30 at 9:10 PM
americanbankingnews.com logoFortive Corporation's (FTV) "Hold" Rating Reiterated at Stifel Nicolaus
www.americanbankingnews.com - July 30 at 10:19 AM
americanbankingnews.com logoFortive Corporation (FTV) Announces Earnings Results
www.americanbankingnews.com - July 29 at 7:17 PM
zacks.com logoFortive Technologies (FTV) Beats on Q2 Earnings & Revenues
www.zacks.com - July 29 at 2:05 AM
marketwatch.com logoIndustrial Scientific Welcomes New Owner, Fortive Corporation
www.marketwatch.com - July 29 at 2:05 AM
streetinsider.com logoFortive (FTV) PT Raised to $66 at RBC Capital Following 2Q Beat - StreetInsider.com
www.streetinsider.com - July 28 at 9:02 PM
seekingalpha.com logoFortive Corporation's (FTV) CEO Jim Lico on Q1 2017 Results ... - Seeking Alpha
seekingalpha.com - July 28 at 9:02 PM
finance.yahoo.com logoEdited Transcript of FTV earnings conference call or presentation 27-Jul-17 9:30pm GMT
finance.yahoo.com - July 28 at 9:02 PM
bizjournals.com logoIndustrial Scientific acquired by Fortive Corp. - Pittsburgh Business ... - Pittsburgh Business Times
www.bizjournals.com - July 28 at 5:27 AM
americanbankingnews.com logoFortive Corporation (NYSE:FTV) Releases FY17 Earnings Guidance
www.americanbankingnews.com - July 27 at 9:21 PM
americanbankingnews.com logoFortive Corporation (FTV) Releases Q3 Earnings Guidance
www.americanbankingnews.com - July 27 at 9:21 PM
businesswire.com logoFortive 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
finance.yahoo.com logoFortive Reports Second Quarter 2017 Results and Announces Agreement to Acquire Industrial Scientific Corporation
finance.yahoo.com - July 27 at 7:24 PM
nasdaq.com logoFortive (FTV) Likely to Deliver a Surprise in Q2 Earnings - Nasdaq
www.nasdaq.com - July 27 at 5:30 AM
finance.yahoo.com logoFortive (FTV) Likely to Deliver a Surprise in Q2 Earnings
finance.yahoo.com - July 26 at 7:24 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Fortive (FTV)
finance.yahoo.com - July 26 at 7:24 PM
americanbankingnews.com logoFortive Corporation (NYSE:FTV) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - July 24 at 10:57 PM
finance.yahoo.com logoKLA-Tencor (KLAC) Q4 Earnings: Is a Surprise in the Cards?
finance.yahoo.com - July 24 at 8:19 PM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : July 24, 2017
finance.yahoo.com - July 24 at 8:19 PM
finance.yahoo.com logoFortive 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
americanbankingnews.com logoStock Traders Buy Large Volume of Fortive Corporation Put Options (FTV)
www.americanbankingnews.com - July 19 at 8:15 AM
finance.yahoo.com logoETFs with exposure to Fortive Corp. : July 14, 2017
finance.yahoo.com - July 14 at 7:49 PM
americanbankingnews.com logoMorgan Stanley Reiterates "Equal Weight" Rating for Fortive Corporation (FTV)
www.americanbankingnews.com - July 11 at 7:08 AM
americanbankingnews.com logoFortive Corporation (FTV) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 8:52 PM
americanbankingnews.com logo Analysts Anticipate Fortive Corporation (FTV) Will Announce Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - July 8 at 10:30 AM
americanbankingnews.com logo$0.68 EPS Expected for Fortive Corporation (NYSE:FTV) This Quarter
www.americanbankingnews.com - July 6 at 7:35 AM
finance.yahoo.com logoFortive Corp. – Value Analysis (NYSE:FTV) : July 3, 2017
finance.yahoo.com - July 3 at 6:35 PM
finance.yahoo.com logoFortive 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
finance.yahoo.com logoFortive Schedules Second Quarter 2017 Earnings Conference Call
finance.yahoo.com - June 29 at 10:18 PM
nasdaq.com logoAgree To Purchase Fortive Corp At $60, Earn 5.2% Annualized Using Options
www.nasdaq.com - June 16 at 6:01 PM
seekingalpha.com logoFortive Corporation (FTV) Presents At The William Blair 2017 Growth Stock Conference - Slideshow
seekingalpha.com - June 16 at 6:01 PM
finance.yahoo.com logoTTM Technologies, Inc. Received Fortive’s 2017 Outstanding Supplier Award
finance.yahoo.com - June 15 at 7:30 PM
americanbankingnews.com logoFortive Corporation (FTV) Expected to Post Quarterly Sales of $1.62 Billion
www.americanbankingnews.com - June 14 at 1:30 PM
americanbankingnews.com logoFortive Corporation (FTV) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 13 at 6:43 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Fortive Corporation (FTV) Will Announce Earnings of $0.68 Per Share
www.americanbankingnews.com - June 12 at 9:27 AM
finance.yahoo.com logoFortive to Present at the William Blair Growth Stock Conference
finance.yahoo.com - June 8 at 6:20 PM
americanbankingnews.com logoFortive Corp (FTV) VP Emily A. Weaver Sells 3,749 Shares
www.americanbankingnews.com - June 1 at 7:46 PM
bizjournals.com logoResearch Reports Coverage on Scientific & Technical Instruments Stocks -- Fitbit, Trimble, Cognex, and Fortive
www.bizjournals.com - May 26 at 6:00 PM
finance.yahoo.com logoFortive 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

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Chart

Fortive Corporation (FTV) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by MarketBeat.com Staff