Is Fortive Corp Stock a Good Investment?
Fortive Corp Investment Advice | FTV |
- Examine Fortive Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Fortive Corp's leadership team and their track record. Good management can help Fortive Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Fortive Corp's business and its evolving consumer preferences.
- Compare Fortive Corp's performance and market position to its competitors. Analyze how Fortive Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Fortive Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Fortive Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Fortive Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Fortive Corp is a good investment.
Sell | Buy |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Fortive Corp Stock
Researching Fortive Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are owned by institutional investors. The book value of Fortive Corp was currently reported as 30.43. The company has Price/Earnings To Growth (PEG) ratio of 1.24. Fortive Corp last dividend was issued on the 29th of November 2024. The entity had 1195:1000 split on the 9th of October 2020.
To determine if Fortive Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Fortive Corp's research are outlined below:
| Fortive Corp has 3.81 B in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Fortive Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Fortive to invest in growth at high rates of return. | |
| Over 96.0% of Fortive Corp shares are owned by institutional investors | |
| On 27th of September 2024 Fortive Corp paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Fortive Earns Hold Rating from Argus |
Fortive Corp Quarterly Good Will |
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Fortive Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Fortive Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Fortive Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Fortive Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Fortive Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-07-29 | 2021-06-30 | 0.6 | 0.66 | 0.06 | 10 | ||
2021-02-04 | 2020-12-31 | 0.62 | 0.7 | 0.08 | 12 | ||
2016-10-27 | 2016-09-30 | 0.59 | 0.67 | 0.08 | 13 | ||
2020-10-27 | 2020-09-30 | 0.85 | 0.94 | 0.09 | 10 | ||
2020-07-28 | 2020-06-30 | 0.58 | 0.68 | 0.1 | 17 |
Know Fortive Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Fortive Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fortive Corp backward and forwards among themselves. Fortive Corp's institutional investor refers to the entity that pools money to purchase Fortive Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 7 M | Boston Partners Global Investors, Inc | 2024-06-30 | 6.8 M | Fmr Inc | 2024-09-30 | 6.7 M | Norges Bank | 2024-06-30 | 5.1 M | Champlain Investment Partners, Llc | 2024-09-30 | 4.8 M | Bank Of America Corp | 2024-06-30 | 4.5 M | Mizuho Securities Usa Inc | 2024-09-30 | 4 M | Select Equity Group Lp | 2024-09-30 | 3.6 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 3.4 M | T. Rowe Price Investment Management,inc. | 2024-09-30 | 39.1 M | Vanguard Group Inc | 2024-09-30 | 39.1 M |
Fortive Corp's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 26.28 B.Market Cap |
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Fortive Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.19 | 0.33 | |
| Return On Capital Employed | 0.07 | 0.14 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.08 | 0.08 |
Determining Fortive Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Fortive Corp is a good buy. For example, gross profit margin measures Fortive Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Fortive Corp's profitability and make more informed investment decisions.
Fortive Corp's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Fortive Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortive Corp. Check Fortive Corp's Beneish M Score to see the likelihood of Fortive Corp's management manipulating its earnings.
Evaluate Fortive Corp's management efficiency
Fortive Corp has Return on Asset of 0.0443 % which means that on every $100 spent on assets, it made $0.0443 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0862 %, implying that it generated $0.0862 on every 100 dollars invested. Fortive Corp's management efficiency ratios could be used to measure how well Fortive Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Fortive Corp's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to climb to 0.14 in 2024, whereas Return On Assets are likely to drop 0.05 in 2024. At this time, Fortive Corp's Non Currrent Assets Other are fairly stable compared to the past year. Return On Tangible Assets is likely to climb to 0.33 in 2024, whereas Non Current Assets Total are likely to drop slightly above 10.6 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 29.29 | 15.66 | |
| Tangible Book Value Per Share | (5.55) | (5.83) | |
| Enterprise Value Over EBITDA | 17.56 | 14.06 | |
| Price Book Value Ratio | 2.52 | 3.56 | |
| Enterprise Value Multiple | 17.56 | 14.06 | |
| Price Fair Value | 2.52 | 3.56 | |
| Enterprise Value | 27 B | 22.6 B |
Understanding the operational decisions made by Fortive Corp management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0042 | Forward Dividend Yield 0.0042 | Forward Dividend Rate 0.32 | Beta 1.174 |
Basic technical analysis of Fortive Stock
As of the 21st of November, Fortive Corp shows the Downside Deviation of 1.26, mean deviation of 1.01, and Coefficient Of Variation of 1105.66. Fortive Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fortive Corp variance and potential upside to decide if Fortive Corp is priced favorably, providing market reflects its regular price of 76.95 per share. Given that Fortive Corp has jensen alpha of 0.0063, we urge you to verify Fortive Corp's prevailing market performance to make sure the company can sustain itself at a future point.Fortive Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Fortive Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Fortive Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Fortive Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Fortive Corp's Outstanding Corporate Bonds
Fortive Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fortive Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fortive bonds can be classified according to their maturity, which is the date when Fortive Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| FORTIVE P 43 Corp BondUS34959JAH14 | View | |
| FORTIVE P 315 Corp BondUS34959JAG31 | View | |
| FORTIS INC 3055 Corp BondUS349553AM97 | View | |
| FTNT 22 15 MAR 31 Corp BondUS34959EAB56 | View |
Understand Fortive Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Fortive Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0725 | |||
| Market Risk Adjusted Performance | 0.1006 | |||
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.13 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 1105.66 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.8 | |||
| Information Ratio | 0.0194 | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | 0.0906 | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.32 | |||
| Downside Variance | 1.59 | |||
| Semi Variance | 1.28 | |||
| Expected Short fall | (1.09) | |||
| Skewness | 0.1995 | |||
| Kurtosis | 0.8732 |
| Risk Adjusted Performance | 0.0725 | |||
| Market Risk Adjusted Performance | 0.1006 | |||
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.13 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 1105.66 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.8 | |||
| Information Ratio | 0.0194 | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | 0.0906 | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.32 | |||
| Downside Variance | 1.59 | |||
| Semi Variance | 1.28 | |||
| Expected Short fall | (1.09) | |||
| Skewness | 0.1995 | |||
| Kurtosis | 0.8732 |
Consider Fortive Corp's intraday indicators
Fortive Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Fortive Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Fortive Corp Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 18th of June 2024 Other Reports | ViewVerify |
Fortive Stock media impact
Far too much social signal, news, headlines, and media speculation about Fortive Corp that are available to investors today. That information is available publicly through Fortive media outlets and privately through word of mouth or via Fortive internal channels. However, regardless of the origin, that massive amount of Fortive data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Fortive Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Fortive Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Fortive Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Fortive Corp alpha.
Fortive Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Fortive Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Fortive Corp Historical Investor Sentiment
Investor biases related to Fortive Corp's public news can be used to forecast risks associated with an investment in Fortive. The trend in average sentiment can be used to explain how an investor holding Fortive can time the market purely based on public headlines and social activities around Fortive Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fortive Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fortive Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Fortive Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Fortive Corp.
Fortive Corp Corporate Directors
| Jeannine Sargent | Independent Director | Profile | |
| Mitchell Rales | Independent Director | Profile | |
| Kate Mitchell | Independent Director | Profile | |
| Steven Rales | Independent Director | Profile |
Additional Tools for Fortive Stock Analysis
When running Fortive Corp's price analysis, check to measure Fortive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.