Fortive Corporation (FTV)
| Market Cap | 26.28B |
| Revenue (ttm) | 6.20B |
| Net Income (ttm) | 889.30M |
| Shares Out | 346.95M |
| EPS (ttm) | 2.50 |
| PE Ratio | 30.29 |
| Forward PE | 18.46 |
| Dividend | $0.32 (0.42%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 3,309,440 |
| Open | 74.82 |
| Previous Close | 74.50 |
| Day's Range | 74.59 - 75.77 |
| 52-Week Range | 66.15 - 87.10 |
| Beta | 1.17 |
| Analysts | Buy |
| Price Target | 87.82 (+15.93%) |
| Earnings Date | Oct 30, 2024 |
About FTV
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... [Read more]
Financial Performance
In 2023, Fortive's revenue was $6.07 billion, an increase of 4.11% compared to the previous year's $5.83 billion. Earnings were $865.80 million, an increase of 14.65%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for FTV stock is "Buy." The 12-month stock price forecast is $87.82, which is an increase of 15.93% from the latest price.
News
Fortive to Present at the Baird Global Industrial Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, will be presenting at the Baird 2024 Global Indu...
Fortive Declares Regular Quarterly Dividend on its Common Stock
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common sto...
Fortive Corporation (FTV) Q3 2024 Earnings Call Transcript
Fortive Corporation (NYSE:FTV) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief ...
Fortive lifts annual profit view as automation demand drives quarterly beat
Industrial products maker Fortive raised its annual profit forecast on Wednesday, after steady demand for its automation products and services boosted third-quarter profit above estimates.
Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter of 2024. For the third quarter, net earnings were $222 million. For...
Fluke Delivers Unmatched Safety to Solar Professionals With Tools Specifically Designed For High-voltage Solar Environments
The new Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter and a283 FC Wireless Current Clamp provide the safety and accuracy to work in high-voltage solar environments with capabilities that str...
Fluke Reliability's EAM solution eMaint positioned as a Leader in Green Quadrant for Enterprise Asset Management
Independent research firm, recognizes eMaint as a leader in the market citing strengths in inventory management, inspections, work order management, and analytic capabilities. Independent research fir...
Fortive Schedules Third Quarter 2024 Earnings Conference Call
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the third quarter 2024 on Wednesday, October 30, 2024...
Accruent Transforms the Future of the Built Environment at Insights 2024
Building on the success of recent product launches and acquisitions, Accruent will preview its robust innovation pipeline to customers and prospects at its annual user conference. Building on the succ...
Fortive To Separate Into Two Public Companies
On September 04, 2024, Fortive Corporation (NYSE: FTV, $75.71; Market Cap: $26.52 billion) announced its plans to spin-off its Precision Technologies segment (“NewCo”). The spin-off will result in the...
Fortive to Present at the J.P. Morgan U.S. All Stars Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and President and Chief Executive Officer, Preci...
New Fluke 1670 Series Multifunction Installation Tester can speed up testing by 30% and cut reporting times in half
Fluke says the best-in-class electrical installation inspection solution represents an evolution in documenting and is set to become “the most important tool in an electrician's toolbelt” Fluke says t...
Fluke Delivers Unmatched Safety to Solar Professionals with Tools Specifically Designed for High-Voltage Solar Environments
The New Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter and a283 FC Wireless Current Clamp provide the safety and accuracy to work in high-voltage solar environments with capabilities that str...
Fortive Announces Strategic Plans for Separation Into Two Independent Public Companies
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced its intention to pursue a tax-free spin-off of its Precision Technologies segment (“NewCo”). The planned sp...
Fortive to Present at the Morgan Stanley Laguna Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and President and Chief Executive Officer, Intel...
Accruent Appoints Richard Leurig as President, Promotes Brooke Huling to Chief Product Officer and Kristi Jurecka to Chief Technology Officer
Accruent expands its executive leadership team, focusing on customer success and product innovation to further enhance the built environment Accruent expands its executive leadership team, focusing on...
Advanced Sterilization Products Announces FDA Clearance for Revolutionary Sterilization Cycle for Duodenoscopes in Partnership with PENTAX Medical
IRVINE, Calif.--(BUSINESS WIRE)--Advanced Sterilization Products (ASP), a division of Fortive (NYSE: FTV), in collaboration with PENTAX Medical, a division of HOYA, proudly announces the FDA clearance...
Fortive Corporation (FTV) Q2 2024 Earnings Call Transcript
Fortive Corporation (NYSE:FTV) Q2 2024 Earnings Conference Call July 24, 2024 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief Exe...
Fortive Reports Strong Second Quarter 2024 Results; Narrows Full Year 2024 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the second quarter of 2024. For the second quarter, net earnings were $195 million. F...
Fortive Schedules Second Quarter 2024 Earnings Conference Call
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the second quarter 2024 on Wednesday, July 24, 2024 b...
CORRECTING and REPLACING Fortive to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024
EVERETT, Wash.--(BUSINESS WIRE)--In the release dated May 01, 2024, the first sentence has been revised. The updated release reads: FORTIVE TO PRESENT AT THE BANK OF AMERICA TRANSPORTATION, AIRLINES, ...
Fortive to Present at the Wolfe Research Global Transportation and Industrials Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Olumide Soroye, President and Chief Executive Officer of Intelligent Operating Solutions (IOS) will be...
Fortive Releases 2023 Annual Sustainability Report
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today it has published its annual Sustainability Report, detailing the company's progress and continued commitmen...
Fortive to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that James A. Lico, Fortive President and Chief Executive Officer, and Tami Newcombe, President and Chief E...
Fortive Corporation: Attractively Valued With Good Growth Prospects
Fortive Corporation is expected to continue delivering good revenue and margin growth, driven by its Intelligent Operating Solutions and Advanced Healthcare Solutions segments. The Precision Technolog...