Fortive Corp. (FTV): Price and Financial Metrics
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FTV POWR Grades
- Growth is the dimension where FTV ranks best; there it ranks ahead of 87.62% of US stocks.
- FTV's strongest trending metric is Growth; it's been moving up over the last 179 days.
- FTV ranks lowest in Value; there it ranks in the 22nd percentile.
FTV Stock Summary
- Fortive Corp's market capitalization of $22,721,721,539 is ahead of 88.66% of US-listed equities.
- Fortive Corp's stock had its IPO on July 5, 2016, making it an older stock than merely 21.64% of US equities in our set.
- FTV's current price/earnings ratio is 39.59, which is higher than 80.2% of US stocks with positive earnings.
- If you're looking for stocks that are quantitatively similar to Fortive Corp, a group of peers worth examining would be XYL, HUN, PKI, GGG, and BC.
- Visit FTV's SEC page to see the company's official filings. To visit the company's web site, go to www.fortive.com.
FTV Valuation Summary
- In comparison to the median Technology stock, FTV's price/earnings ratio is 59.23% lower, now standing at 15.9.
- Over the past 63 months, FTV's price/earnings ratio has gone down 3.5.
- Over the past 63 months, FTV's price/sales ratio has gone up 4.
Below are key valuation metrics over time for FTV.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| FTV | 2021-09-01 | 6.7 | 2.9 | 15.9 | 14.7 |
| FTV | 2021-08-31 | 6.7 | 2.9 | 15.9 | 14.7 |
| FTV | 2021-08-30 | 6.8 | 2.9 | 16.0 | 14.7 |
| FTV | 2021-08-27 | 6.8 | 2.9 | 16.0 | 14.7 |
| FTV | 2021-08-26 | 6.7 | 2.9 | 15.8 | 14.6 |
| FTV | 2021-08-25 | 6.8 | 2.9 | 16.0 | 14.8 |
FTV's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- FTV has a Quality Grade of B, ranking ahead of 86.1% of graded US stocks.
- FTV's asset turnover comes in at 0.222 -- ranking 65th of 76 Measuring and Control Equipment stocks.
- FLDM, NVMI, and ITRI are the stocks whose asset turnover ratios are most correlated with FTV.
The table below shows FTV's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-10-01 | 0.222 | 0.645 | 0.539 |
| 2021-07-02 | 0.253 | 0.607 | 0.439 |
| 2021-04-02 | 0.260 | 0.585 | 0.348 |
| 2020-12-31 | 0.277 | 0.563 | 0.274 |
| 2020-09-25 | 0.421 | 0.516 | 0.130 |
| 2020-06-26 | 0.422 | 0.511 | 0.123 |
FTV Price Target
For more insight on analysts targets of FTV, see our FTV price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $83.31 | Average Broker Recommendation | 1.61 (Moderate Buy) |
FTV Stock Price Chart Interactive Chart >
FTV Price/Volume Stats
| Current price | $55.70 | 52-week high | $79.87 |
| Prev. close | $56.28 | 52-week low | $53.05 |
| Day low | $55.59 | Volume | 1,639,800 |
| Day high | $56.64 | Avg. volume | 3,103,108 |
| 50-day MA | $58.77 | Dividend yield | 0.5% |
| 200-day MA | $67.21 | Market Cap | 19.97B |
Fortive Corp. (FTV) Company Bio
Fortive is an American diversified industrial technology conglomerate company headquartered in Everett, Washington. Fortive was spun off from Danaher in July 2016. Mitchell Rales and Steven M. Rales, Danaher's founders, retained board seats with Fortive after the separation. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. In 2016, Fortive controlled over 20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation, and franchise distribution. Later the transportation, automation and franchise distribution businesses would be spun off. In 2018 and 2019, Fortune named Fortive as a Future 50 company. In 2020, Fortune named Fortive one of the world's most admired companies along with other major tech companies like Apple, Amazon, and Microsoft. 2020 also marked the third year in a row Fortive has been named to the Fortune 500. (Source:Wikipedia)
Latest FTV News From Around the Web
Below are the latest news stories about Fortive Corp that investors may wish to consider to help them evaluate FTV as an investment opportunity.
Top 10 Stock Picks of Anand Parekh’s Alyeska Investment GroupIn this article, we discuss top 10 stock picks of Anand Parekh’s Alyeska Investment Group. If you want to skip our detailed analysis of Parekh’s history, investment philosophy, and hedge fund performance, go directly to the Top 5 Stock Picks of Anand Parekh’s Alyeska Investment Group. Anand Parekh is a Chicago-based hedge fund manager. In 2008, […] |
Fortive (FTV) Boosts Shareholder Value With 20M Buyback ProgramFortive's (FTV) recently approved share repurchase program underscores the company's sound financial position and its commitment to reward its shareholders. |
Fortive announces share buyback programFortive (FTV) said its board authorized a share buyback program, under which FTV may purchase up to 20M shares. The program has no expiration date and does not obligate FTV to acquire… |
Fortive Announces Share Repurchase Authorization for up to 20 Million SharesEVERETT, Wash., February 17, 2022--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that its Board of Directors has authorized a share repurchase program under which Fortive may purchase up to 20 million shares of Fortive’s common stock. |
Fortive Corporation – Consensus Indicates Potential 29.7% UpsideFortive Corporation with ticker code (FTV) now have 18 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 95 and 71 calculating the average target price we see 84.39. With the stocks previous close at 65.05 this is indicating there is a potential upside of 29.7%. The 50 day moving average now sits at 71.91 and the 200 day MA is 72.66. The company has a market cap of $23,589m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" symbol="FTV" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $30,603m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, ... |
FTV Price Returns
| 1-mo | -10.16% |
| 3-mo | -10.24% |
| 6-mo | -26.57% |
| 1-year | -20.34% |
| 3-year | -30.84% |
| 5-year | -9.64% |
| YTD | -26.82% |
| 2021 | 8.14% |
| 2020 | -6.92% |
| 2019 | 13.33% |
| 2018 | -6.14% |
| 2017 | 35.49% |
FTV Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching FTV
Want to see what other sources are saying about Fortive Corp's financials and stock price? Try the links below:Fortive Corp (FTV) Stock Price | Nasdaq
Fortive Corp (FTV) Stock Quote, History and News - Yahoo Finance
Fortive Corp (FTV) Stock Price and Basic Information | MarketWatch
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