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Market Cap 27.56B P/E 34.95 EPS this Y 11.40% Ern Qtrly Grth -6.70%
Income 885.7M Forward P/E 21.10 EPS next Y 8.60% 50D Avg Chg 9.00%
Sales 6.16B PEG 2.39 EPS past 5Y 1.40% 200D Avg Chg 16.00%
Dividend N/A Price/Book 2.76 EPS next 5Y 8.50% 52W High Chg -1.00%
Recommedations 2.20 Quick Ratio 0.83 Shares Outstanding 350.34M 52W Low Chg 36.00%
Insider Own 0.33% ROA 4.42% Shares Float 348.72M Beta 1.16
Inst Own 97.83% ROE 8.65% Shares Shorted/Prior 3.02M/2.11M Price 78.28
Gross Margin 59.67% Profit Margin 14.39% Avg. Volume 2,012,424 Target Price 84.92
Oper. Margin 19.45% Earnings Date Oct 23 Volume 2,269,538 Change -0.04%
About Fortive Corporation

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.

Fortive Corporation News
11/08/24 Fortive to Present at the Baird Global Industrial Conference
11/06/24 Fortive Declares Regular Quarterly Dividend on its Common Stock
11/01/24 Fortive Third Quarter 2024 Earnings: Misses Expectations
10/31/24 Fortive Q3 Earnings Beat Estimates, Revenues Up Y/Y, Outlook Raised
10/31/24 Q3 2024 Fortive Corp Earnings Call
10/31/24 Fortive Corp (FTV) Q3 2024 Earnings Call Highlights: Strong EPS and Cash Flow Growth Amidst ...
10/31/24 Decoding Fortive Corp (FTV): A Strategic SWOT Insight
10/30/24 Fortive Q3: Revenue Miss, EPS Beat, Revises FY24 Guidance Amid Strategic Split Plans
10/30/24 Fortive (NYSE:FTV) Reports Sales Below Analyst Estimates In Q3 Earnings
10/30/24 Fortive: Q3 Earnings Snapshot
10/30/24 Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook
10/29/24 Should You Investigate Fortive Corporation (NYSE:FTV) At US$75.16?
10/29/24 Fortive (FTV) Reports Q3: Everything You Need To Know Ahead Of Earnings
10/28/24 Fortive Gears Up to Report Q3 Earnings: What's in the Offing?
10/23/24 Fortive (FTV) Reports Next Week: Wall Street Expects Earnings Growth
10/15/24 Fluke Delivers Unmatched Safety to Solar Professionals With Tools Specifically Designed For High-voltage Solar Environments
10/10/24 Fluke Reliability’s EAM solution eMaint positioned as a Leader in Green Quadrant for Enterprise Asset Management
10/03/24 Mizuho adds 2 new stocks to its Top Picks list
10/03/24 Professional Tools and Equipment Stocks Q2 Teardown: Fortive (NYSE:FTV) Vs The Rest
10/02/24 Fortive Schedules Third Quarter 2024 Earnings Conference Call
FTV Chatroom

User Image Thestocktraderhubzee Posted - 2 weeks ago

WATCHLIST NOV 01 2024 $AVDL HC Wainwright & Co. Reiterates Buy on Avadel Pharmaceuticals, Maintains $27 Price Target $ORIC Wells Fargo Initiates Coverage On ORIC Pharmaceuticals with Overweight Rating, Announces Price Target of $20 $ADP RBC Capital Maintains Sector Perform on Automatic Data Processing, Raises Price Target to $315 $INFA UBS Maintains Neutral on Informatica, Raises Price Target to $30 $FTV RBC Capital Maintains Sector Perform on Fortive, Lowers Price Target to $77

User Image Estimize Posted - 10/30/24

$FTV reported 0.97 EPS and 1,535 revenue for Q3. http://www.estimize.com/intro/ftv?chart=historical&metric_name=eps&utm_content=FTV&utm_med

User Image DonCorleone77 Posted - 10/30/24

$FTV Fortive raises FY24 adjusted EPS view to $3.84-$3.87 from $3.80-$3.86 Consensus $3.81. Lowers FY24 revenue view to $6.24B-$6.26B from $6.25B-$6.3B, consensus $6.28B. Lico continued, "Our updated outlook for 2024 continues to forecast double-digit growth in both earnings and cash flow. We maintain a balanced perspective on our end markets, as stabilizing demand trends drive sequential improvement as we move through the remainder of the year. Looking forward to 2025, we are poised to accelerate our strategy and ensure consistent value creation as we progress toward the separation of Fortive and the PT segment, creating two focused, independent public companies, both positioned to provide greater value to all of our stakeholders."

User Image DonCorleone77 Posted - 10/30/24

$FTV Fortive reports Q3 adjusted EPS 97c, consensus 93c Reports Q3 revenue $1.53B, consensus $1.55B. James Lico, president and CEO, stated, "Fortive generated strong operating performance in the third quarter, with better than expected earnings and free cash flow. Our portfolio of high-quality businesses is delivering consistent and more profitable growth, evidenced by robust recurring revenue growth in Intelligent Operating Solutions and Advanced Healthcare Solutions. We are also pleased with the positive momentum in orders growth across all our segments, including double-digit orders growth in Precision Technologies in the third quarter."

User Image ChessGM Posted - 10/28/24

$FTV Upcoming Earnings Alert for 10/30/2024 Bullish (8.3) Fortive Corporation (FTV) is positioned favorably ahead of its upcoming Q3 2024 earnings report, with analysts expecting a potential earnings beat driven by robust performance in its software and recurring revenue segments. The company's recent initiatives, particularly in the professional tools and equipment domain, have strengthened its market position. FTV's P/E ratio currently stands at approximately 28.6, which is higher than the industry average of around 25, indicating a premium valuation that reflects growth expectations. The company has demonstrated a solid EPS growth trajectory of approximately 10% year-over-year, which aligns well with the anticipated revenue forecasts projecting a 5% increase over the next quarter. When compared to industry peers, Fortive maintains a competitive edge, particularly in its asset management solutions, as evidenced by its subsidiary Fluke being recognized as a leader in Enterprise Asset Management. This recognition, paired with the recent addition by Mizuho to its Top Picks list, underscores the market's confidence in FTV’s growth prospects. Looking ahead to the earnings report scheduled for October 30, 2024, market analysts are keenly focused on Fortive's ability to sustain its growth momentum against a backdrop of macroeconomic challenges. Historical performance suggests that Fortive has consistently met or exceeded earnings expectations, making it a stock to watch. The consensus estimate for Q3 2024 EPS is projected at $0.70, which reflects an increase from $0.63 in the previous year. Given the current market conditions and the company's strategic positioning, there is a consensus that positive results could further enhance investor sentiment and potentially lead to upward revisions in earnings estimates for the upcoming quarters. The combination of strong operational performance, favorable market dynamics, and positive analyst sentiment positions Fortive well for continued growth in the near term. - Funds were net buyers of $FTV during the previous reporting quarter. - Top 5 funds with large holdings in $FTV: * Viking Global Investors LP $744MM. CGMRank: 76% * Select Equity Group LP $196MM. CGMRank: 69% * Jennison Associates LLC $87MM. CGMRank: 59% * Adage Capital P $79MM. CGMRank: 86% * Kodai Capital Manament LLC $40MM. CGMRank: 55% - Last 10 days performance: -3% - Last 30 days performance: -5% - Last 90 days performance: 5% Follow ChessGM! Do not miss timely earnings alerts from ChessGM. Not a financial advice.

User Image Estimize Posted - 10/28/24

$FTV analysts on Estimize are expecting 4.11% YoY revenue growth for Q3, up from 1.70% in Q2 [Reporting 10/30 BMO] http://www.estimize.com/

User Image LauriceGeel Posted - 10/23/24

$FTV remains a leader in industrial technologies, providing innovative solutions across a range of sectors. Powered by FAAS.

User Image IN0V8 Posted - 1 month ago

$FTV RBC raises target price to $85 from $77

User Image swingingtech Posted - 1 month ago

$SPYG $HST $CDW $FTV https://wallstreetwaves.com/analysts-predict-10-growth-for-spyg-holdings-in-the-coming-months/

User Image WeeklyTrader Posted - 1 month ago

How are you responding to $FTV's challenges? RSI: 62.69% 50-day MA: $73.63 200-day MA: $76.79

User Image Himel92 Posted - 1 month ago

The Last month Performance for $FTV Opening Price: $72.45 Closing Price: $76.82 Highest Price: $79.88 Lowest Price: $70.23 Percentage Change: 6.03% Data analyst: ZENA

User Image IN0V8 Posted - 1 month ago

$FTV Opportunity Truist Securities raises target price to $90 from $82

User Image IN0V8 Posted - 1 month ago

$FTV Opportunity Wells Fargo raises target price to $82 from $75

User Image Thestocktraderhubzee Posted - 09/26/24

$FTV Barclays Maintains Overweight on Fortive, Raises Price Target to $96

User Image smartkarma Posted - 09/26/24

$FTV | Fortive Corp (NYSE: FTV) To Spin-Off Precision Technologies Business "​Fortive Corp to spin off Precision Technologies business into separate publicly listed company, NewCo. Spin-off to unlock value for shareholders." - Garvit Bhandari (GSBR Research) Read more: https://www.smartkarma.com/insights/fortive-corp-nyse-ftv-to-spin-off-precision-technologies-business

User Image smartkarma Posted - 09/26/24

$FTV | Fortive Corp (NYSE: FTV) To Spin-Off Precision Technologies Business "​Fortive Corp to spin off Precision Technologies business into separate publicly listed company, NewCo. Spin-off to unlock value for shareholders." - Garvit Bhandari (GSBR Research) Read more: https://www.smartkarma.com/insights/fortive-corp-nyse-ftv-to-spin-off-precision-technologies-business

User Image InsiderPeek Posted - 2 months ago

$FTV Chief Financial Officer McLaughlin Charles E sold 6.9k shares for $508.1k (ownership down 8.55%) insiderpeek.com/company/FTV

User Image insiderbuyingselling Posted - 2 months ago

$FTV new insider selling: 14223 shares. http://insiderbuyingselling.com/?t=FTV

User Image Stock_Titan Posted - 2 months ago

$FTV Fluke Corporation Launches Compact, Versatile iSee Mobile Thermal Camera for Safe and Accurate Electrical Inspection On-the-Go https://www.stocktitan.net/news/FTV/fluke-corporation-launches-compact-versatile-i-see-mobile-thermal-79ipv45tnc4c.html

User Image Stock_Titan Posted - 2 months ago

$FTV New Fluke 1670 Series Multifunction Installation Tester can speed up testing by 30% and cut reporting times in half https://www.stocktitan.net/news/FTV/new-fluke-1670-series-multifunction-installation-tester-can-speed-up-isoiybf9dva0.html

User Image Crom5775 Posted - 2 months ago

$FTV seeing some higher volume the last 3 days. Trying to recapture its leveling out 50 days moving average

User Image OpenOutcrier Posted - 2 months ago

$FTV (+3.9% pre) Fortive Announces Strategic Plans for Separation Into Two Independent Public Companies - BW https://ooc.bz/l/41667

User Image LauriceGeel Posted - 2 months ago

$FTV Fortive’s focus on industrial technology and innovation makes it a leader in tools and devices. A reliable pick for industrial growth. Check out my website, link in bio.

User Image Stock_Titan Posted - 2 months ago

$FTV Fortive Announces Strategic Plans for Separation Into Two Independent Public Companies https://www.stocktitan.net/news/FTV/fortive-announces-strategic-plans-for-separation-into-two-ljqo2xo0g57q.html

User Image Stock_Titan Posted - 3 months ago

$FTV Advanced Sterilization Products Announces FDA Clearance for Revolutionary Sterilization Cycle for Duodenoscopes in Partnership with PENTAX Medical https://www.stocktitan.net/news/FTV/advanced-sterilization-products-announces-fda-clearance-for-f6nxoi6wquvy.html

User Image NVDAMillionaire Posted - 07/30/24

$FTV Fortive Corporation (FTV): A Diversified Industrial Technology Leader Navigating Global Challenges http://beyondspx.com/2024/07/27/fortive-corporation-ftv-a-diversified-industrial-technology-leader-navigating-global-challenges/

User Image Bawee Posted - 07/26/24

$FTV why is Trading view showing it hald the price. Was their a RS. From 146.00 to 71

User Image DonCorleone77 Posted - 07/25/24

$FTV Fortive price target lowered to $91 from $93 at Barclays Barclays lowered the firm's price target on Fortive to $91 from $93 and keeps an Overweight rating on the shares. The company trimmed its 2024 sales guidance again, but it may have been better off cutting it more aggressively, the analyst tells investors in a research note.

User Image DonCorleone77 Posted - 07/24/24

$FTV Fortive narrows FY24 adjusted EPS view to $3.80-$3.86 from $3.77-$3.86 Consensus $3.81. Cuts FY24 revenue view to $6.25B-$6.3B from $6.35B-$6.43B, consensus $6.37B. Lico continued, "Our updated 2024 outlook reflects double-digit earnings and cash flow growth, including a balanced view of end markets, specifically in the Precision Technologies segment. As we look ahead, we are excited to see the acceleration of our innovation and new product launches delivering more value for customers and more sustainable growth for Fortive."

User Image Estimize Posted - 07/24/24

$FTV misses the Estimize EPS Consensus by 1c and the Estimize Revenue Consensus by $30.23M. Reports FQ2 earnings of 93c EPS and $1.55B ... http://www.estimize.com/ftv/fq2-2024?utm_content=beat_or_miss&utm_medium=tweet&utm_source=stocktwits

Analyst Ratings
Barclays Overweight Sep 26, 24
Mizuho Outperform Sep 6, 24
Morgan Stanley Overweight Sep 6, 24
Barclays Overweight Sep 6, 24
RBC Capital Sector Perform Sep 6, 24
Wolfe Research Peer Perform Sep 6, 24
Raymond James Outperform Sep 5, 24
RBC Capital Sector Perform Jul 25, 24
Truist Securities Buy Jul 25, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
LICO JAMES A President and CEO President and CEO Feb 02 Sell 82.07 206,525 16,949,507 439,948 02/06/24
LICO JAMES A President and CEO President and CEO Feb 02 Option 30.85 206,525 6,371,296 546,473 02/06/24
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Jul 28 Sell 76.85 9,136 702,102 6,113 07/31/23
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Jul 28 Option 29.51 8,305 245,081 10,549 07/31/23
McLaughlin Charles E SVP - Chief Financia.. SVP - Chief Financial Officer Jul 28 Sell 76.66 16,911 1,296,397 101,319 07/31/23
McLaughlin Charles E SVP - Chief Financia.. SVP - Chief Financial Officer Jul 28 Option 27.26 16,911 460,994 118,230 07/31/23
Murphy Patrick K President & CEO of A.. President & CEO of AHS Jul 28 Sell 76.5 21,793 1,667,164 60,716 07/31/23
Murphy Patrick K President & CEO of A.. President & CEO of AHS Jul 28 Option 35.38 21,793 771,036 82,509 07/31/23
LICO JAMES A President and CEO President and CEO Jul 28 Option 27.26 185,540 5,057,820 485,797 07/31/23
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 24 Sell 67.75 3,249 220,120 32,721 02/27/23
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 22 Sell 66.39 1,336 88,697 37,946 02/23/23
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 17 Sell 68.67 2,063 141,666 40,150 02/21/23
McLaughlin Charles E SVP - Chief Financia.. SVP - Chief Financial Officer Nov 11 Sell 68.44 13,156 900,397 88,818 11/14/22
Murphy Patrick K President & CEO of A.. President & CEO of AHS Nov 11 Option 35.31 32,788 1,157,744 95,717 11/14/22
Murphy Patrick K President & CEO of A.. President & CEO of AHS Nov 11 Sell 68.56 32,788 2,247,945 62,929 11/14/22
McLaughlin Charles E SVP - Chief Financia.. SVP - Chief Financial Officer Jul 25 Option 20.73 21,176 438,978 114,873 07/26/22
SPOON ALAN G Director Director May 02 Buy 58.14 17,400 1,011,636 98,861 05/03/22
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 28 Sell 64.43 1,080 69,584 41,170 03/02/22
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 28 Sell 64.43 325 20,940 2,601 03/02/22
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 24 Sell 61.42 1,788 109,819 30,400 02/28/22
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 24 Sell 62.78 1,167 73,264 1,616 02/28/22
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 22 Sell 63.87 1,297 82,839 32,442 02/24/22
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 23 Sell 63.87 307 19,608 1,970 02/24/22
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 18 Sell 63.03 714 45,003 2,094 02/23/22
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 09 Sell 66.38 5,472 363,231 2,290 02/11/22
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 09 Option 20.73 5,472 113,435 5,026 02/11/22
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 26 Sell 67.02 3,557 238,390 34,646 02/26/21
Pringle William W Senior Vice Presiden.. Senior Vice President Feb 26 Option 35.38 13,087 463,018 86,141 02/26/21
Pringle William W Senior Vice Presiden.. Senior Vice President Feb 26 Sell 67.4 13,087 882,064 73,054 02/26/21
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 26 Sell 67.14 984 66,066 2,290 02/26/21
McLaughlin Charles E SVP - Chief Financia.. SVP - Chief Financial Officer Feb 24 Option 20.12 14,322 288,159 60,872 02/24/21
McLaughlin Charles E SVP - Chief Financia.. SVP - Chief Financial Officer Feb 24 Sell 67.16 14,322 961,866 46,550 02/24/21
Walker Stacey A. SVP - Human Resource.. SVP - Human Resources Feb 24 Sell 67.23 1,847 124,174 24,259 02/24/21
Pringle William W Senior Vice Presiden.. Senior Vice President Feb 24 Option 55.69 24,314 1,354,047 82,970 02/24/21
Pringle William W Senior Vice Presiden.. Senior Vice President Feb 24 Sell 66.94 24,314 1,627,579 70,077 02/24/21
LICO JAMES A President and CEO President and CEO Feb 24 Option 20.12 105,866 2,130,024 396,689 02/24/21
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 24 Sell 67.23 284 19,093 2,078 02/24/21
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 23 Sell 66.54 660 43,916 2,241 02/23/21
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 18 Option 20.45 4,632 94,724 4,985 02/18/21
Mulhall Christopher M. VP - Chief Accountin.. VP - Chief Accounting Officer Feb 18 Sell 71.26 5,765 410,814 2,398 02/18/21
Pringle William W Senior Vice Presiden.. Senior Vice President Feb 10 Option 41.5 65,185 2,705,178 166,753 02/10/21
Pringle William W Senior Vice Presiden.. Senior Vice President Feb 10 Sell 68.33 95,705 6,539,523 71,048 02/10/21
Pringle William W Senior Vice Presiden.. Senior Vice President Nov 17 Option 29.76 86,948 2,587,572 158,326 11/17/20
Pringle William W Senior Vice Presiden.. Senior Vice President Nov 17 Sell 71.05 56,428 4,009,209 101,898 11/17/20
Pringle William W Senior Vice Presiden.. Senior Vice President Nov 02 Option 20.73 5,649 117,104 77,027 11/02/20
Pringle William W Senior Vice Presiden.. Senior Vice President Nov 02 Sell 61.7 5,649 348,543 71,378 11/02/20
LICO JAMES A President and CEO President and CEO Nov 02 Option 20.91 261,419 5,466,271 704,353 11/02/20
LICO JAMES A President and CEO President and CEO Nov 02 Sell 61.74 261,419 16,140,009 442,934 11/02/20
Schwarz Jonathan L VP-Strategy & Corp D.. VP-Strategy & Corp Development Nov 02 Option 20.12 15,924 320,391 36,870 11/02/20
Schwarz Jonathan L VP-Strategy & Corp D.. VP-Strategy & Corp Development Nov 02 Sell 61.48 15,924 979,008 20,946 11/02/20