Fortive Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Fortive stock.
View analyst ratings for Fortive or view top-rated stocks.

Wall Street analysts have given Fortive a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Fortive wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Fortive saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 7,890,000 shares, a decrease of 14.9% from the March 31st total of 9,270,000 shares. Based on an average daily trading volume, of 2,320,000 shares, the days-to-cover ratio is presently 3.4 days. Currently, 2.4% of the shares of the stock are sold short.
View Fortive's Short Interest.

Fortive is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Fortive.

Fortive Co. (NYSE:FTV) posted its quarterly earnings data on Thursday, April, 29th. The technology company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. Fortive had a trailing twelve-month return on equity of 16.30% and a net margin of 8.21%. During the same period in the prior year, the company posted $0.74 EPS.
View Fortive's earnings history.

Fortive's stock was trading at $59.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FTV stock has increased by 22.5% and is now trading at $72.82.
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Fortive announced a quarterly dividend on Thursday, April 8th. Investors of record on Friday, May 28th will be paid a dividend of $0.07 per share on Friday, June 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Thursday, May 27th.
View Fortive's dividend history.

Fortive pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.39%. Fortive does not yet have a strock track record of dividend growth. The dividend payout ratio of Fortive is 8.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fortive will have a dividend payout ratio of 11.86% next year. This indicates that Fortive will be able to sustain or increase its dividend.
View Fortive's dividend history.

Fortive updated its FY 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share (EPS) guidance of 2.500-2.600 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.530. The company issued revenue guidance of -.

12 analysts have issued 1-year price objectives for Fortive's shares. Their forecasts range from $67.00 to $89.00. On average, they expect Fortive's share price to reach $78.38 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
View analysts' price targets for Fortive or view top-rated stocks among Wall Street analysts.

25 employees have rated Fortive CEO James A. Lico on Glassdoor.com. James A. Lico has an approval rating of 72% among Fortive's employees.

Some companies that are related to Fortive include Roper Technologies (ROP), AMETEK (AME), Keysight Technologies (KEYS), Cognex (CGNX), MKS Instruments (MKSI), Sensata Technologies (ST), Mesa Laboratories (MLAB), Senseonics (SENS), Focus Universal (FCUV), Hurco Companies (HURC), ClearSign Technologies (CLIR), Crawford United (CRAWA), Hickok (HICKA), Sypris Solutions (SYPR) and International Isotopes (INIS).
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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).

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

Fortive's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Flossbach Von Storch AG (1.69%), Swiss National Bank (0.34%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Ardevora Asset Management LLP (0.24%), KBC Group NV (0.21%) and Alliancebernstein L.P. (0.16%). 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, Patrick K Murphy, Stacey A Walker, Steven M Rales 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 Zurcher Kantonalbank Zurich Cantonalbank , Bank of Nova Scotia, Strs Ohio, Sumitomo Mitsui Trust Holdings Inc., Busey Wealth Management, Chevy Chase Trust Holdings Inc., Douglas Lane & Associates LLC, and Daiwa Securities Group Inc.. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, James A Lico, Jonathan L Schwarz, Martin Gafinowitz, Mitchell P Rales, Patrick K Murphy, Stacey A Walker, Steven M Rales, and William W Pringle.
View insider buying and selling activity for Fortive or view top insider-selling stocks.

FTV stock was purchased by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Gillespie Robinson & Grimm Inc., Defender Capital LLC., Alliancebernstein L.P., Marshall & Sullivan Inc. WA, Capital Investment Services of America Inc., DekaBank Deutsche Girozentrale, and KBC Group NV.
View insider buying and selling activity for Fortive or or view top insider-buying stocks.

Shares of FTV 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.
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One share of FTV stock can currently be purchased for approximately $72.82.

Fortive has a market capitalization of $24.65 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 17,000 workers across the globe.

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

Fortive is headquartered at 6920 SEAWAY BLVD., EVERETT WA, 98203.

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]