Fortive Corporation (FTV)
| Market Cap | 26.45B |
| Revenue (ttm) | 3.93B |
| Net Income (ttm) | 1.66B |
| Shares Out | 339.40M |
| EPS (ttm) | 4.81 |
| PE Ratio | 15.13 |
| Forward PE | 25.45 |
| Dividend | $0.28 (0.38%) |
| Ex-Dividend Date | Sep 9, 2021 |
| Volume | 6,939,739 |
| Open | 73.57 |
| Previous Close | 74.21 |
| Day's Range | 72.51 - 74.68 |
| 52-Week Range | 59.46 - 76.51 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 83.31 (+14.5%) |
| Est. Earnings Date | Oct 28, 2021 |
About FTV
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical...
Financial Performance
In 2020, Fortive's revenue was $4.63 billion, an increase of 1.54% compared to the previous year's $4.56 billion. Earnings were $1.61 billion, an increase of 118.34%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for Fortive stock is "Buy." The 12-month stock price forecast is 83.31, which is an increase of 14.53% from the latest price.
News
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Leading Industrial Technology Conglomerate Fortive Acquires Hourly Worker Human Resources Tool, TeamSense
SEATTLE, Sept. 9, 2021 /PRNewswire/ -- After a successful launch as a COVID symptom tracker tool for the hourly workforce on July 1, 2020, TeamSense, the leading app-free, text-based human resources too...
Fortive to Present at the Morgan Stanley Virtual 9th Annual Laguna Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and Senior Vice President and Chief Financial Offi...
Fortive (FTV) Acquires ServiceChannel, Boosts SaaS Portfolio
Fortive (FTV) strengthens the Intelligent Operating Solutions segment with the acquisition of ServiceChannel.
Fortive Announces Completion of ServiceChannel Acquisition
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that it completed its previously announced acquisition of ServiceChannel Holdings Inc. on August 24, 2021. As...
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 $0.07 per share of its common stock...
Fortive's (FTV) Q2 Earnings Beat Estimates, Revenues Up Y/Y
Fortive (FTV) reports strong second-quarter 2021 results driven by robust performance of Intelligent Operating Solutions, Precision Technologies and Advanced Healthcare Solutions.
Fortive (FTV) Surpasses Q2 Earnings and Revenue Estimates
Fortive (FTV) delivered earnings and revenue surprises of 8.20% and 3.17%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Fortive Reports Strong Second Quarter 2021 Results; Raises 2021 Revenue, Operating Profit Margin and EPS Guidance
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Reports Strong Second Quarter 2021 Results; Raises 2021 Revenue, Operating Profit Margin and EPS Guidance
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Fortive Appoints Olumide Soroye as Leader of Its Intelligent Operating Solutions Segment
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced the appointment of Olumide Soroye as President and Chief Executive Officer, Intelligent Operating Solutions (...
Fortive (FTV) to Report Q2 Earnings: What's in the Cards?
Fortive's (FTV) second-quarter 2021 results are likely to reflect strength across software and healthcare portfolios.
Fortive To Acquire ServiceChannel For $1.2B; Raises Q2 Revenue, Profit Margin Guidance
Fortive Corp (NYSE: FTV) agreed with Bayard Capital and Accel Partners to acquire ServiceChannel for $1.2 billion. ServiceChannel is a provider of SaaS-based multi-site facilities maintenance service so...
Fortive to Acquire ServiceChannel for Approximately $1.2 Billion and Provides Preliminary Financial Information for t...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that it has entered into a definitive agreement with Bayard Capital and Accel Partners to acquire ServiceChan...
Fortive Schedules Second Quarter 2021 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 2021 on Thursday, July 29, 2021 begi...
Fortive Announces Conversion Date for Mandatory Convertible Preferred Stock
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its 5.00% Mandatory Convertible Preferred Stock, Series A (the “Preferred Stock”), will automatically co...
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Fortive to Present at the Bank of America 2021 Global Technology 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 Bank of America 2021 Glob...
Fortive to Present at the Wolfe Research Global Transportation & Industrials Conference
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, ...
Genba, the latest spinout from PSL-Fortive studio, raises cash for industrial work voice app
New spinout: Genba came out of stealth mode Thursday, revealing its software built for the industrial workforce.
Fortive to Webcast Virtual Investor Day
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) will host a live video webcast of its virtual investor day on May 19, 2021 beginning at 10:00 a.m. ET and concluding at appro...
Fortive Announces Leadership Appointments
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that both Justin McElhattan and Tami Newcombe have been promoted to Group President within Fortive. Mr. McElh...
Fortive (FTV) Q1 Earnings Beat Estimates, Revenues Up Y/Y
Fortive (FTV) reports strong first-quarter 2021 results driven by robust performance of Intelligent Operating Solutions, Precision Technologies and Advanced Healthcare Solutions.
Fortive (FTV) Q1 Earnings and Revenues Beat Estimates
Fortive (FTV) delivered earnings and revenue surprises of 5.00% and 2.89%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Fortive Q1 Earnings
Shares of Fortive (NYSE:FTV) moved lower in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 14.86% year over year to $0.63, which beat the estimate ...