NYSE:FTV

Fortive Stock Forecast, Price & News

$74.12
+0.21 (+0.28 %)
(As of 04/22/2021 12:58 PM ET)
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Today's Range
$73.12
Now: $74.12
$74.38
50-Day Range
$66.45
MA: $69.85
$73.56
52-Week Range
$52.46
Now: $74.12
$82.12
Volume60,200 shs
Average Volume2.27 million shs
Market Capitalization$25.06 billion
P/E Ratio48.44
Dividend Yield0.39%
Beta1.14
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, FLUKE NETWORKS, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, and PRUFTECHNIK 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.
Fortive logo

Industry, Sector and Symbol

Industry Process control instruments
Sub-IndustryN/A
CUSIPN/A
Phone425-446-5000
Employees17,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.32 billion
Cash Flow$5.26 per share
Book Value$22.04 per share

Profitability

Net Income$738.90 million

Miscellaneous

Market Cap$25.06 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

Morgan Stanley Raises Fortive (NYSE:FTV) Price Target to $76.00
April 19, 2021 |  americanbankingnews.com
Fortive (NYSE:FTV) PT Raised to $76.00
April 12, 2021 |  americanbankingnews.com
Fortive Co. (NYSE:FTV) Declares $0.07 Quarterly Dividend
April 8, 2021 |  americanbankingnews.com
Is FTV Stock A Buy or Sell?
April 5, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.53 out of 5 stars

Computer And Technology Sector

331st out of 1,554 stocks

Process Control Instruments Industry

7th out of 25 stocks

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$74.12
+0.21 (+0.28 %)
(As of 04/22/2021 12:58 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Fortive (NYSE:FTV) Frequently Asked Questions

Is Fortive a buy right now?

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.

What stocks does MarketBeat like better than Fortive?

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.
View MarketBeat's top stock picks here.

When is Fortive's next earnings date?

Fortive is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Fortive
.

How can I listen to Fortive's earnings call?

Fortive will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Fortive's earnings last quarter?

Fortive Co. (NYSE:FTV) released its earnings results on Wednesday, February, 3rd. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.08. The technology company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. Fortive had a trailing twelve-month return on equity of 16.30% and a net margin of 8.21%.
View Fortive's earnings history
.

How has Fortive's stock been impacted by COVID-19?

Fortive's stock was trading at $59.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FTV shares have increased by 23.8% and is now trading at $73.60.
View which stocks have been most impacted by COVID-19
.

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

Fortive announced a quarterly dividend on Thursday, April 8th. Shareholders 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 of this dividend is Thursday, May 27th.
View Fortive's dividend history
.

Is Fortive a good dividend stock?

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.

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

Fortive issued an update on its FY21 earnings guidance on Thursday, February, 4th. The company provided EPS guidance of $2.40-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.41.

What price target have analysts set for FTV?

12 brokers have issued 12-month target prices for Fortive's stock. Their forecasts range from $67.00 to $89.00. On average, they expect Fortive's share price to reach $77.92 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts' price targets for Fortive
or view top-rated stocks among Wall Street analysts.

Who are Fortive's key executives?

Fortive's management team includes the following people:
  • Mr. James A. Lico, Pres, CEO & Director (Age 55, Pay $3.77M)
  • Mr. Charles E. McLaughlin, Sr. VP & CFO (Age 60, Pay $1.86M)
  • Mr. Patrick K. Murphy, Sr. VP (Age 59, Pay $1.22M)
  • Ms. Barbara B. Hulit, Sr. VP of Advanced Healthcare Solutions (Age 54, Pay $1.31M)
  • Mr. Christopher M. Mulhall, VP & Chief Accounting Officer (Age 48)
  • Griffin Whitney, VP of Investor Relations
  • Mr. Peter C. Underwood, Sr. VP & Gen. Counsel (Age 51)
  • Mr. Jonathan L. Schwarz, Sr. VP of Corp. Devel. (Age 49)
  • Ms. Stacey A. Walker, Sr. VP of HR (Age 50)
  • Mr. Edward Read Simmons, Sr. VP of Strategy (Age 47)

What is James A. Lico's approval rating as Fortive's CEO?

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.

Who are some of Fortive's key competitors?

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 Douglas Lane & Associates LLC (0.14%), Crestwood Advisors Group LLC (0.13%), New York State Teachers Retirement System (0.11%), Defender Capital LLC. (0.09%), Mountain Pacific Investment Advisers Inc. ID (0.08%) and Welch & Forbes LLC (0.08%). 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
.

Which institutional investors are selling Fortive stock?

FTV stock was sold by a variety of institutional investors in the last quarter, including Busey Wealth Management, Douglas Lane & Associates LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Hartford Investment Management Co., First American Bank, Renaissance Investment Group LLC, BOKF NA, and Sentry Investment Management LLC. 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.

Which institutional investors are buying Fortive stock?

FTV stock was bought by a variety of institutional investors in the last quarter, including Gillespie Robinson & Grimm Inc., Defender Capital LLC., Capital Investment Services of America Inc., Mountain Pacific Investment Advisers Inc. ID, New England Research & Management Inc., DnB Asset Management AS, InTrack Investment Management Inc, and Chesley Taft & Associates LLC.
View insider buying and selling activity for Fortive
or or view top insider-buying stocks.

How do I buy shares of Fortive?

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.
Compare Top Brokerages Here.

What is Fortive's stock price today?

One share of FTV stock can currently be purchased for approximately $73.60.

How much money does Fortive make?

Fortive has a market capitalization of $24.88 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.

How many employees does Fortive have?

Fortive employs 17,000 workers across the globe.

What is Fortive's official website?

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

Where are Fortive's headquarters?

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

How can I contact Fortive?

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]


This page was last updated on 4/22/2021 by MarketBeat.com Staff
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