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 (WHO). Since then, FTV stock has increased by 16.4% and is now trading at $69.15. 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 quarterly earnings results on Thursday, April, 30th. The technology company reported $0.74 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.03. The technology company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.76 billion. Fortive had a net margin of 8.28% and a return on equity of 17.55%. Fortive's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.69 earnings per share. View Fortive's earnings history.

Fortive declared a quarterly dividend on Thursday, April 9th. Investors of record on Friday, May 29th will be given 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 0.40%. The ex-dividend date is Thursday, May 28th. View Fortive's dividend history.

16 analysts have issued 12 month target prices for Fortive's stock. Their forecasts range from $70.00 to $86.00. On average, they expect Fortive's share price to reach $77.00 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View analysts' price targets for Fortive.

News coverage about FTV stock has been trending negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fortive earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Fortive.

Fortive saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 5,610,000 shares, a decline of 7.4% from the June 15th total of 6,060,000 shares. Based on an average daily trading volume, of 2,500,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.8% of the company's stock are short sold. 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 shareholders 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 bought 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 $69.15.

Fortive has a market capitalization of $23.30 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]