NYSE:FTV - Fortive Stock Price, Forecast & News

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

Fortive announced a quarterly dividend on Tuesday, January 28th. Shareholders of record on Friday, February 28th will be given a dividend of $0.07 per share on Friday, March 27th. This represents a $0.28 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend is Thursday, February 27th. View Fortive's Dividend History.

Fortive Corp (NYSE:FTV) issued its quarterly earnings data on Thursday, February, 6th. The technology company reported $1.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.97 by $0.06. The technology company had revenue of $2 billion for the quarter, compared to analysts' expectations of $1.95 billion. Fortive had a net margin of 10.09% and a return on equity of 17.53%. The firm's revenue for the quarter was up 13.9% on a year-over-year basis. During the same period last year, the business earned $0.91 earnings per share. View Fortive's Earnings History.

Fortive is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Fortive.

Fortive updated its FY20 earnings guidance on Thursday, February, 6th. The company provided earnings per share guidance of $3.68-3.78 for the period, compared to the Thomson Reuters consensus estimate of $3.78.

15 Wall Street analysts have issued 1-year target prices for Fortive's shares. Their forecasts range from $65.00 to $99.00. On average, they expect Fortive's stock price to reach $81.92 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for Fortive.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 1 sell rating, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fortive.

Headlines about FTV stock have trended negative recently, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Fortive earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Fortive.

Fortive saw a decline in short interest in January. As of January 15th, there was short interest totalling 6,760,000 shares, a decline of 5.2% from the December 31st total of 7,130,000 shares. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.3% 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), Sensata Technologies (ST), MKS Instruments (MKSI), Mesa Laboratories (MLAB), Rudolph Technologies (RTEC), Hurco Companies (HURC), Hickok (HICKA), Crawford United (CRAWA), Sypris Solutions (SYPR), International Isotopes (INIS), Clearsign Combustion (CLIR), Schmitt Industries (SMIT) and Electro-Sensors (ELSE).

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), Viveve Medical (VIVE), NVIDIA (NVDA), Danaher (DHR), The Coca-Cola (KO) and Paypal (PYPL).

Fortive's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (2.37%), Artisan Partners Limited Partnership (2.30%), Capital Research Global Investors (1.43%), Champlain Investment Partners LLC (0.94%), Bessemer Group Inc. (0.72%) and Bank of New York Mellon Corp (0.63%). 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, 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 CIBC Private Wealth Group LLC, Schroder Investment Management Group, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Public Employees Retirement Association of Colorado, Marshall Wace LLP, Williams Jones Wealth Management LLC., King Luther Capital Management Corp and Renaissance Technologies LLC. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Christopher M Mulhall, Emily A Weaver, Jonathan L Schwarz, Martin Gafinowitz and Stacey A Walker. View Insider Buying and Selling for Fortive.

FTV stock was bought by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, William Blair Investment Management LLC, Parnassus Investments CA, Marshall Wace North America L.P., Alyeska Investment Group L.P., Point72 Asset Management L.P., Massachusetts Financial Services Co. MA and Cipher Capital LP. View Insider Buying and Selling 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 $76.16.

Fortive has a market capitalization of $25.57 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 24,000 workers across the globe.View Additional Information About Fortive.

The official website for Fortive is http://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]