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NYSE:FTV - Fortive Stock Price, Forecast & News

$49.65
-2.02 (-3.91 %)
(As of 03/30/2020 02:11 AM ET)
Today's Range
$47.70
Now: $49.65
$50.94
50-Day Range
$42.01
MA: $66.33
$79.40
52-Week Range
$37.31
Now: $49.65
$89.48
Volume3.95 million shs
Average Volume3.83 million shs
Market Capitalization$16.70 billion
P/E Ratio25.20
Dividend Yield0.54%
Beta1.18
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Professional Instrumentation segment provides test tools, and thermal imaging and calibration equipment for electrical, industrial, electronic, and calibration applications; online condition-based monitoring equipment; portable gas detection equipment, consumables, and software as a service offerings; subscription-based technical, analytical, and compliance services; and software, data analytics, and services for critical infrastructure in utility, industrial, energy, construction, public safety, mining, and healthcare applications. This segment also provides product realization services and products that help developers and engineers across the end-to-end product creation cycle from concepts to finished products; materials components; and devices that sense, monitor, and control operational or manufacturing variables. This segment markets its products and services under the ACCRUENT, FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, GORDIAN, INDUSTRIAL SCIENTIFIC, LANDAUER, QUALITROL, INVETECH, KEITHLEY, PACIFIC SCIENTIFIC, SONIX, and TEKTRONIX brands. Its Industrial Technologies segment offers solutions and services for use in fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking, and fleet and traffic management under the ANGI, GASBOY, GILBARCO, GILBARCO AUTOTANK, ORPAK, VEEDER-ROOT, and TELETRAC NAVMAN brands. This segment also offers professional tools, toolboxes, and automotive diagnostic equipment under the MATCO brand; and wheel service equipment under the COATS brand. The company also provides automation and specialty components under the DYNAPAR and HENGSTLER brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
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Industry, Sector and Symbol

Industry Process control instruments
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone425-446-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.32 billion
Cash Flow$4.79 per share
Book Value$22.04 per share

Profitability

Net Income$738.90 million

Miscellaneous

Employees25,000
Market Cap$16.70 billion
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

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Fortive (NYSE:FTV) Frequently Asked Questions

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

Fortive's stock was trading at $59.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FTV stock has decreased by 16.5% and is now trading at $49.65. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Fortive?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fortive.

When is Fortive's next earnings date?

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

How were Fortive's earnings last quarter?

Fortive Corp (NYSE:FTV) issued its quarterly earnings results on Thursday, February, 6th. The technology company reported $1.03 earnings per share (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 the consensus estimate of $1.95 billion. Fortive had a net margin of 10.09% and a return on equity of 17.53%. The firm's quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 earnings per share. View Fortive's earnings history.

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

Fortive announced a quarterly dividend on Tuesday, January 28th. Investors of record on Friday, February 28th will be paid 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 0.56%. The ex-dividend date of this dividend is Thursday, February 27th. View Fortive's dividend history.

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

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

What price target have analysts set for FTV?

15 brokers have issued 12-month target prices for Fortive's shares. Their forecasts range from $70.00 to $99.00. On average, they anticipate Fortive's stock price to reach $82.42 in the next year. This suggests a possible upside of 66.0% from the stock's current price. View analysts' price targets for Fortive.

Has Fortive been receiving favorable news coverage?

News headlines about FTV stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fortive earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutFortive.

Are investors shorting Fortive?

Fortive saw a increase in short interest in the month of February. As of February 14th, there was short interest totaling 7,460,000 shares, an increase of 6.0% from the January 30th total of 7,040,000 shares. Based on an average trading volume of 1,660,000 shares, the short-interest ratio is presently 4.5 days. Approximately 2.5% of the shares of the stock are short sold. View Fortive's Current Options Chain.

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), Western Digital (WDC), Viveve Medical (VIVE), NVIDIA (NVDA), Danaher (DHR), Honeywell International (HON) and The Coca-Cola (KO).

Who are Fortive's key executives?

Fortive's management team includes the following people:
  • Mr. James A. Lico, Pres, CEO & Director (Age 53)
  • Mr. Charles E. McLaughlin, Sr. VP & CFO (Age 58)
  • Mr. Martin Gafinowitz, Sr. VP (Age 60)
  • Mr. William W. Pringle, Sr. VP (Age 51)
  • Ms. Barbara B. Hulit, Sr. VP (Age 52)

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 a variety of institutional and retail investors. Top institutional investors 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%), Norges Bank (0.81%) and Nuveen Asset Management LLC (0.79%). 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.

Which major investors are selling Fortive stock?

FTV stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Schroder Investment Management Group, Nuveen Asset Management LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Public Employees Retirement Association of Colorado, Marshall Wace LLP, Williams Jones Wealth Management LLC., and King Luther Capital Management Corp. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, Emily A Weaver, James A Lico, Martin Gafinowitz, and Stacey A Walker. View insider buying and selling activity for Fortive.

Which major investors are buying Fortive stock?

FTV stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, 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., and Massachusetts Financial Services Co. MA. View insider buying and selling activity for Fortive.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Fortive's stock price today?

One share of FTV stock can currently be purchased for approximately $49.65.

How big of a company is Fortive?

Fortive has a market capitalization of $16.70 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. View additional information about Fortive.

What is Fortive's official website?

The official website for Fortive is http://www.fortive.com/.

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]


MarketBeat Community Rating for Fortive (NYSE FTV)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  315 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  664
MarketBeat's community ratings are surveys of what our community members think about Fortive and other stocks. Vote "Outperform" if you believe FTV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/30/2020 by MarketBeat.com Staff

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