Fortive Corporation (FTV)
- Previous Close
76.05 - Open
75.80 - Bid 75.27 x 1000
- Ask 75.27 x 800
- Day's Range
74.79 - 75.79 - 52 Week Range
62.77 - 87.10 - Volume
492,510 - Avg. Volume
1,733,590 - Market Cap (intraday)
26.615B - Beta (5Y Monthly) 1.17
- PE Ratio (TTM)
30.00 - EPS (TTM)
2.52 - Earnings Date Jul 24, 2024 - Jul 29, 2024
- Forward Dividend & Yield 0.32 (0.42%)
- Ex-Dividend Date May 31, 2024
- 1y Target Est
88.84
Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
www.fortive.com18,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Scientific & Technical Instruments
Industry
Recent News: FTV
Performance Overview: FTV
Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: FTV
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: FTV
Valuation Measures
Market Cap
26.77B
Enterprise Value
30.01B
Trailing P/E
30.18
Forward P/E
20.00
PEG Ratio (5yr expected)
1.28
Price/Sales (ttm)
4.41
Price/Book (mrq)
2.56
Enterprise Value/Revenue
4.95
Enterprise Value/EBITDA
19.10
Financial Highlights
Profitability and Income Statement
Profit Margin
14.68%
Return on Assets (ttm)
4.24%
Return on Equity (ttm)
8.84%
Revenue (ttm)
6.13B
Net Income Avi to Common (ttm)
899.6M
Diluted EPS (ttm)
2.52
Balance Sheet and Cash Flow
Total Cash (mrq)
704.6M
Total Debt/Equity (mrq)
37.60%
Levered Free Cash Flow (ttm)
1.09B
Research Analysis: FTV
Company Insights: FTV
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: FTV
Analyst Report: Fortive Corporation
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $6.1 billion in revenue in 2023.
RatingPrice TargetAnalyst Report: Fortive Corporation
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $6.1 billion in revenue in 2023.
RatingPrice TargetAnalyst Report: Fortive Corp
Based in Everett, Washington, Fortive provides professional and engineered products, software, and services for a variety of end markets. It has 18,000 employees and operates in 50 countries. The shares are a component of the S&P 500.
RatingPrice TargetMarket Update: NVS, BYD, CVX, DE, ITGR, CBOE, FTV
Stocks are trading lower on Tuesday morning on some weaker-than-expected economic data as well as growing concerns that AI-related stocks are overbought at this juncture. Specifically, the Conference Board's Leading Economic Index slipped 0.4% in January and was lower than the expected 0.3% drop. The index was down 3.0% over the past six months -- a narrower decline than the preceding six-month period, which fell by 4.1%. Still, with six of the 10 index components being positive over the past six-month period, the index no longer is signaling a recession ahead. Turning to stocks, shares of Nvidia (NVDA) are down today, with the company reporting earnings tomorrow after market close. Despite expectations for positive earnings results, the selloff indicates many investors may be concerned that the shares are due for a pullback following an impressive run this year (which saw shares rise over 50% to an all-time high set last week). Shares of other tech companies which also saw strong gains related to AI prospects are trading lower on overvaluation concerns, including Arm Holdings (ARM), Advanced Micro Devices (AMD), and Super Micro Computer (SMCI).