Fortive Corporation owns and operates industrial units that manufacture testing and measurement equipment. The company was incorporated in 2015 and is based in Everett, Washington.
FTV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Fortive Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Fortive Corp ranked in the 46th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for FTV, they are:
Fortive Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 20.28% of tickers in our DCF set.
Relative to other stocks in its sector (Technology), Fortive Corp has a reliance on debt greater than 69.86% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FTV, try AUDC, FLIR, CSCO, SVMK, and EVOL.
Fortive (FTV) announces expected completion date of October 9, 2020 for spin-off of Vontier.Trading of Vontier common stock expected to begin on September 24, 2020.Record date for distribution of Vontier common stock will be September 25, 2020.Previously: Fortive spinning out Vontier business to shareholders (Sept. 1)...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that the Fortive Board of Directors has declared a pro rata dividend of 80.1% of the outstanding common stock of Vontier Corporation (“Vontier”) to Fortive shareholders of record as of the close of business on September 25, 2020 (the “Record Date”). The dividend is payable at 12:01 a.m. ET on October 9, 2020 (“Distribution Date”). As a result of the dividend, Fortive shareholders will receive two shares
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, Jim Lico and Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the Morgan Stanley Virtual 8th Annual Laguna Conference on Wednesday, September 16, 2020 at 2:15 p.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a diversified industrial growth company compr
EVERETT, Wash.--(BUSINESS WIRE)--Fluke Corporation (“Fluke”), a Fortive Corporation (“Fortive”) (NYSE: FTV) business, announced today that it led an investment in Everactive, a Silicon Valley-based technology company that sells category-defining batteryless, wireless Industrial Internet of Things (IIoT) solutions. Everactive will raise up to $35M as part of its Series C funding round. Spun out of the University of Michigan and the University of Virginia in 2012, Everactive develops self-powered