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Fortive Corporation (FTV)

NYSE: FTV · Delayed Price · USD
72.74 -1.47 (-1.98%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap26.45B
Revenue (ttm)3.93B
Net Income (ttm)1.66B
Shares Out339.40M
EPS (ttm)4.81
PE Ratio15.13
Forward PE25.45
Dividend$0.28 (0.38%)
Ex-Dividend DateSep 9, 2021
Volume6,939,739
Open73.57
Previous Close74.21
Day's Range72.51 - 74.68
52-Week Range59.46 - 76.51
Beta1.22
AnalystsBuy
Price Target83.31 (+14.5%)
Est. Earnings DateOct 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...

IndustryMachinery
CEOJames Lico
Employees17,000
Stock ExchangeNYSE
Ticker SymbolFTV
Full Company Profile

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 Statements

Analyst 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.

Price Target
$83.31
(14.53% upside)
Analyst Consensus: Buy

News

The Good And Bad: Group 1 Automotive And Fortive Corp

See two of the featured stocks from this month's model portfolios.

Other symbols:GPI
4 days ago - Forbes

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...

1 week ago - PRNewsWire

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...

1 week ago - Business Wire

Fortive (FTV) Acquires ServiceChannel, Boosts SaaS Portfolio

Fortive (FTV) strengthens the Intelligent Operating Solutions segment with the acquisition of ServiceChannel.

2 weeks ago - Zacks Investment Research

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...

2 weeks 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...

3 weeks ago - Business Wire

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.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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

1 month ago - Business Wire

3 Testing Equipment Stocks With Bright Prospects to Watch

The Zacks Electronics -Testing Equipment industry players, A, AME and FTV, are poised well to benefit from 5G prospects, automotive sector recovery and the increasing work-from-home trend.

Other symbols:AAME
1 month ago - Zacks Investment Research

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 (...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

2 months ago - Benzinga

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

3 Stocks This Top Hedge Fund Manager Has Been Buying

Should you follow this leading hedge fund manager's recommendation to buy these stocks?

Other symbols:DEOTIS
2 months ago - The Motley Fool

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...

3 months ago - Business Wire

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, ...

3 months ago - Business Wire

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.

4 months ago - GeekWire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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.

4 months ago - Zacks Investment Research

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?

4 months ago - Zacks Investment Research

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 ...

4 months ago - Benzinga