NYSE:FTVFortive Stock Price, Forecast & News

Fortive's stock was trading at $59.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FTV stock has increased by 15.5% and is now trading at $68.65. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fortive.

Fortive is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Fortive.

Fortive Corp (NYSE:FTV) issued its earnings results on Thursday, April, 30th. The technology company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.03. The technology company earned $1.71 billion during the quarter, compared to analyst estimates of $1.76 billion. Fortive had a net margin of 8.28% and a return on equity of 17.55%. The firm's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company posted $0.69 EPS. View Fortive's earnings history.

Fortive announced a quarterly dividend on Thursday, April 9th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.07 per share on Friday, June 26th. This represents a $0.28 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend is Thursday, May 28th. View Fortive's dividend history.

16 analysts have issued 12-month price targets for Fortive's shares. Their forecasts range from $70.00 to $86.00. On average, they anticipate Fortive's stock price to reach $77.00 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. View analysts' price targets for Fortive.

Media headlines about FTV stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fortive earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Fortive.

Fortive saw a drop in short interest in June. As of June 30th, there was short interest totaling 5,610,000 shares, a drop of 7.4% from the June 15th total of 6,060,000 shares. Based on an average trading volume of 2,500,000 shares, the short-interest ratio is currently 2.2 days. Currently, 1.8% of the company's stock are sold short. View Fortive's Current Options Chain.

Some companies that are related to Fortive include Roper Technologies (ROP), Keysight Technologies (KEYS), Cognex (CGNX), MKS Instruments (MKSI), Sensata Technologies (ST), Mesa Laboratories (MLAB), Hurco Companies (HURC), Clearsign Combustion (CLIR), Crawford United (CRAWA), Hickok (HICKA), International Isotopes (INIS), Sypris Solutions (SYPR), Schmitt Industries (SMIT), Electro-Sensors (ELSE) and Winland (WELX). View all competitors.

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), Western Digital (WDC), Danaher (DHR), NVIDIA (NVDA), Viveve Medical (VIVE), Johnson & Johnson (JNJ) and Honeywell International (HON).

Fortive trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTV."

Fortive's stock is owned by a variety of institutional and retail investors. Top institutional investors include Capital Investment Services of America Inc. (0.06%), State of Alaska Department of Revenue (0.02%), Park National Corp OH (0.00%) and Boltwood Capital Management (0.00%). Company insiders that own Fortive stock include Alan G Spoon, Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, Emily A Weaver, James A Lico, Jonathan L Schwarz, Martin Gafinowitz, Mitchell P Rales, Raj Ratnakar, Stacey A Walker and William W Pringle. View institutional ownership trends for Fortive.

FTV stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Park National Corp OH, and Boltwood Capital Management. Company insiders that have sold Fortive company stock in the last year include Charles E Mclaughlin, Christopher M Mulhall, James A Lico, Martin Gafinowitz, Mitchell P Rales, Stacey A Walker, and William W Pringle. View insider buying and selling activity for Fortive.

FTV stock was acquired by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc.. View insider buying and selling activity for Fortive.

Shares of FTV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FTV stock can currently be purchased for approximately $68.65.

Fortive has a market capitalization of $23.13 billion and generates $7.32 billion in revenue each year. The technology company earns $738.90 million in net income (profit) each year or $3.48 on an earnings per share basis. Fortive employs 25,000 workers across the globe.

The official website for Fortive is www.fortive.com.

Fortive's mailing address is 6920 SEAWAY BLVD., EVERETT WA, 98203. The technology company can be reached via phone at 425-446-5000 or via email at [email protected]