Fortive Corporation (FTV)

NYSE: FTV · IEX Real-Time Price · USD
58.72
-0.88 (-1.48%)
May 18, 2022 11:47 AM EDT - Market open
Market Cap21.05B
Revenue (ttm)5.37B
Net Income (ttm)646.10M
Shares Out358.45M
EPS (ttm)1.80
PE Ratio32.57
Forward PE18.87
Dividend$0.28 (0.48%)
Ex-Dividend DateMay 26, 2022
Volume1,225,873
Open58.89
Previous Close59.60
Day's Range58.57 - 59.33
52-Week Range56.06 - 79.87
Beta1.20
AnalystsBuy
Price Target79.33 (+35.1%)
Earnings DateApr 28, 2022

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...

IndustryMachinery
CEOJames Lico
Employees18,000
Stock ExchangeNYSE
Ticker SymbolFTV
Full Company Profile

Financial Performance

In 2021, Fortive's revenue was $5.25 billion, an increase of 13.38% compared to the previous year's $4.63 billion. Earnings were $608.40 million, a decrease of -62.29%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for FTV stock is "Buy." The 12-month stock price forecast is 79.33, which is an increase of 35.11% from the latest price.

Price Target
$79.33
(35.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Fortive to Present at the Wolfe Research 15th Annual Global Transportation & Industrials 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, Precisi...

4 days ago - Business Wire

Fortive (FTV) Q1 Earnings & Revenues Beat Estimates, Up Y/Y

Fortive's (FTV) first-quarter 2022 results are driven by solid customer demand trends.

2 weeks ago - Zacks Investment Research

Fortive (FTV) Q1 Earnings and Revenues Top Estimates

Fortive (FTV) delivered earnings and revenue surprises of 2.94% and 2.05%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Fortive Reports Strong First Quarter 2022 Results; Raises Full Year 2022 Outlook

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced results for the first quarter 2022. For the first quarter, net earnings from continuing operations were $165 ...

2 weeks ago - Business Wire

Why Fortive (FTV) Could Beat Earnings Estimates Again

Fortive (FTV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 weeks ago - Zacks Investment Research

Fortive (FTV) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Fortive (FTV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

4 Testing Equipment Stocks to Escape a Challenging Industry

Coronavirus--led disruptions are hurting the Zacks Electronics - Testing Equipment industry. However, industry participants like A, AME, FTV and CGNX are set to gain from 5G prospects.

Other symbols:AAMECGNX
1 month ago - Zacks Investment Research

Fortive Schedules First Quarter 2022 Earnings Conference Call

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the first quarter 2022 on Thursday, April 28, 2022 begi...

1 month ago - Business Wire

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...

1 month ago - Business Wire

7 Dividend Stocks to Avoid in the Rotation to Safety

It's just as important to know what dividend stocks to avoid as it is to know which ones to buy, especially in the current market. The post 7 Dividend Stocks to Avoid in the Rotation to Safety appeared ...

Other symbols:AGNCMTNNHIPEGASBRAZBH
1 month ago - InvestorPlace

Buying the Dip in Fortive Stock is a Strong Move

After climbing to nearly $80 in November 2021, Fortive Corp. (NYSE: FTV) dipped below $60 this month. Shares of the former Danaher division have begun to recover alongside the market rally but still hav...

1 month ago - MarketBeat

Fortive to Present at the Bank of America Global Industrials Conference 2022

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 Global I...

2 months ago - Business Wire

Fortive to Present at the J.P. Morgan Industrials 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 J.P. Morgan Industrials ...

2 months ago - Business Wire

Fortive (FTV) Boosts Shareholder Value With 20M Buyback Program

Fortive's (FTV) recently approved share repurchase program underscores the company's sound financial position and its commitment to reward its shareholders.

2 months ago - Zacks Investment Research

Fortive Announces Share Repurchase Authorization for up to 20 Million Shares

EVERETT, Wash.--(BUSINESS WIRE)--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 ...

3 months ago - Business Wire

Fortive to Present at the Barclays Industrial Select 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...

3 months ago - Business Wire

Fortive to Present at the Citi 2022 Global Industrial Tech and Mobility 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...

3 months ago - Business Wire

Fortive (FTV) Q4 Earnings Beat Estimates, Revenues Miss

Fortive (FTV) fourth-quarter 2021 results are driven by solid customer demand trends and an increase in bookings for SaaS offerings.

3 months ago - Zacks Investment Research

Fortive (FTV) Loses 8.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Fortive (FTV) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in re...

3 months ago - Zacks Investment Research

Fortive Shares Slip On Q4 Revenue Miss, Moderate Outlook

Fortive Corp FTV reported fourth-quarter sales growth of 3.8% year-over-year to $1.37 billion, missing the consensus of $1.44 billion. Sales by segments: Intelligent Operating Solutions $579.8 million (...

3 months ago - Benzinga

Fortive (FTV) Q4 Earnings Beat Estimates

Fortive (FTV) delivered earnings and revenue surprises of 1.28% and 4.03%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Fortive Reports Fourth Quarter and Full Year 2021 Results; Introduces First Quarter and Full Year 2022 Outlook

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Reports Fourth Quarter and Full Year 2021 Results; Introduces First Quarter and Full Year 2022 Outlook

3 months ago - Business Wire

Fortive (FTV) Earnings Expected to Grow: Should You Buy?

Fortive (FTV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Fortive Schedules Fourth 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 fourth quarter 2021 on Thursday, February 3, 2022 b...

4 months ago - Business Wire

Fortive (FTV) Boosts Healthcare Solutions Via Provation Buyout

Fortive (FTV) acquires Provation Software in a bid to bolster its Advanced Healthcare Solutions segment.

4 months ago - Zacks Investment Research