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Fortive Corporation (FTV)

Stock Price: $66.50 USD -0.02 (-0.03%)
Updated Oct 23, 2020 4:02 PM EDT - Market closed
After-hours: $66.00 -0.50 (-0.75%) Oct 23, 7:28 PM

Stock Price Chart

Key Info

Market Cap 22.42B
Revenue (ttm) 7.15B
Net Income (ttm) 571.80M
Shares Out 337.07M
EPS (ttm) 1.48
PE Ratio 44.93
Forward PE 27.17
Dividend $0.28
Dividend Yield 0.42%

Stock Quote

Trading Day Oct 23, 2020
Last Price $66.50
Previous Close $66.52
Change ($) -0.02
Change (%) -0.03%
Day's Open 66.96
Day's Range 66.34 - 67.34
Day's Volume 2,773,973
52-Week Range 31.20 - 71.02

More Stats

Market Cap 22.42B
Enterprise Value 27.25B
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Aug 27, 2020
Shares Outstanding 337.07M
Float 322.05M
EPS (basic) 1.48
EPS (diluted) 1.48
FCF / Share 4.18
Dividend $0.28
Dividend Yield 0.42%
Earnings Yield 2.23%
FCF Yield 6.28%
Payout Ratio 18.90%
Shares Short 7.39M
Short Ratio 2.10
Short % of Float 2.29%
Beta 1.15
PE Ratio 44.93
Forward PE 27.17
P/FCF Ratio 15.92
PS Ratio 3.14
PB Ratio 3.03
Revenue 7.15B
Operating Income 848.00M
Net Income 571.80M
Free Cash Flow 1.41B
Net Cash -4.84B
Net Cash / Share -14.35
Gross Margin 51.71%
Operating Margin 11.86%
Profit Margin 7.00%
FCF Margin 19.71%
ROA 4.10%
ROE 7.74%
ROIC 12.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (18)

Buy 8
Overweight 1
Hold 9
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$71.28*
(7.19% upside)
Low
66.1
Current: $66.50
High
76.9
Target: 71.28
*Average 12-month price target from 14 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015201420132012
Revenue7,3206,4535,7565,3786,1796,3375,9625,785
Revenue Growth13.44%12.1%7.03%-12.96%-2.5%6.29%3.05%-
Gross Profit3,6803,3212,9212,6863,0003,0492,8642,763
Operating Income1,0041,1781,1431,0621,2701,2451,1431,128
Net Income7392,9141,045872864883831764
Shares Outstanding336346348346345345--
Earnings Per Share1.978.212.962.512.502.56--
EPS Growth-76%177.36%17.93%0.4%-2.34%---
Dividend Per Share0.280.280.280.14----
Dividend Growth0%0%100%-----
Operating Cash Flow1,2711,3441,1761,1371,0099471,030944
Capital Expenditures-113-112-89.60-101-118-103-81.10-69.60
Free Cash Flow1,1591,2321,0871,036891844949874
Cash & Equivalents1,2051,178962803----
Total Debt6,5423,4304,0563,358----
Net Cash / Debt-5,337-2,252-3,094-2,555----
Assets17,43912,90610,5018,1907,2117,3567,240-
Liabilities10,0396,2936,6925,4992,0282,1232,115-
Book Value7,3876,5963,7902,6885,1805,2295,123-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Fortive Corporation
Country United States
Employees 25,000
CEO James A. Lico

Stock Information

Ticker Symbol FTV
Stock Exchange New York Stock Exchange
Sector Technology
Industry Scientific & Technical Instruments
Unique Identifier NYSE: FTV

Description

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Professional Instrumentation segment provides test tools, and thermal imaging and calibration equipment for electrical, industrial, electronic, and calibration applications; online condition-based monitoring equipment; portable gas detection equipment, consumables, and software as a service offerings; subscription-based technical, analytical, and compliance services; and software, data analytics, and services for critical infrastructure in utility, industrial, energy, construction, facilities management, public safety, mining, and healthcare applications, as well as environmental, health, and safety applications. This segment also provides product realization services and products that help developers and engineers across the end-to-end product creation cycle from concepts to finished products; materials components; devices that sense, monitor, and control operational or manufacturing variables; and critical sterilization and disinfection solutions. It markets its products and services under the ACCRUENT, FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, LANDAUER, PRUFTECHNIK, QUALITROL, INVETECH, KEITHLEY, PACIFIC SCIENTIFIC, SONIX, and TEKTRONIX brands. The company's Industrial Technologies segment offers solutions and services for use in fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking, and fleet and traffic management under the ANGI, GASBOY, GILBARCO, GILBARCO AUTOTANK, ORPAK, VEEDER-ROOT, and TELETRAC NAVMAN brands. This segment also offers professional tools, toolboxes, and automotive diagnostic equipment under the MATCO brand; and wheel service equipment under the COATS brand. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.