Fortive Corp Price To Sales vs. Shares Owned By Institutions

FTV Stock  USD 79.33  0.07  0.09%   
Considering Fortive Corp's profitability and operating efficiency indicators, Fortive Corp's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Fortive Corp's ability to earn profits and add value for shareholders.

Fortive Corp Price To Sales Ratio

2.62

Price To Sales Ratio is likely to drop to 2.62 in 2024. Days Sales Outstanding is likely to drop to 46.90 in 2024. At this time, Fortive Corp's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 180.9 M in 2024, whereas Operating Income is likely to drop slightly above 869.5 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.420.5926
Way Down
Slightly volatile
Net Profit Margin0.140.1427
Fairly Down
Pretty Stable
Operating Profit Margin0.20.1869
Notably Up
Slightly volatile
Pretax Profit Margin0.210.1634
Significantly Up
Pretty Stable
Return On Assets0.04860.0512
Notably Down
Slightly volatile
Return On Equity0.07970.0839
Notably Down
Pretty Stable
For Fortive Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fortive Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fortive Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fortive Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fortive Corp over time as well as its relative position and ranking within its peers.
  

Fortive Corp's Revenue Breakdown by Earning Segment

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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortive Corp. If investors know Fortive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.033
Dividend Share
0.32
Earnings Share
2.5
Revenue Per Share
17.658
Quarterly Revenue Growth
0.027
The market value of Fortive Corp is measured differently than its book value, which is the value of Fortive that is recorded on the company's balance sheet. Investors also form their own opinion of Fortive Corp's value that differs from its market value or its book value, called intrinsic value, which is Fortive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortive Corp's market value can be influenced by many factors that don't directly affect Fortive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Fortive Corp Shares Owned By Institutions vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fortive Corp's current stock value. Our valuation model uses many indicators to compare Fortive Corp value to that of its competitors to determine the firm's financial worth.
Fortive Corp is one of the top stocks in price to sales category among its peers. It is rated # 2 in shares owned by institutions category among its peers producing about  21.57  of Shares Owned By Institutions per Price To Sales. At this time, Fortive Corp's Price To Sales Ratio is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fortive Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Fortive Shares Owned By Institutions vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Fortive Corp

P/S

 = 

MV Per Share

Revenue Per Share

 = 
4.45 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Fortive Corp

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
95.93 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Fortive Shares Owned By Institutions Comparison

Fortive Corp is currently under evaluation in shares owned by institutions category among its peers.

Fortive Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fortive Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fortive Corp will eventually generate negative long term returns. The profitability progress is the general direction of Fortive Corp's change in net profit over the period of time. It can combine multiple indicators of Fortive Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-326.1 M-309.8 M
Operating Income1.1 B869.5 M
Income Before Tax990.8 M886.9 M
Total Other Income Expense Net-142.9 M-135.8 M
Net Income865.8 M970.7 M
Income Tax Expense125 M180.9 M
Net Income Applicable To Common Shares868.5 M1.2 B
Net Income From Continuing Ops827.8 M716.6 M
Net Interest Income-127.1 M-133.5 M
Interest Income113 M107.4 M
Non Operating Income Net Other-107.1 M-101.7 M
Change To Netincome118.5 M115.5 M
Net Income Per Share 2.46  2.46 
Income Quality 1.56  1.08 
Net Income Per E B T 0.87  0.77 

Fortive Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fortive Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fortive Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fortive Corp's important profitability drivers and their relationship over time.

Use Fortive Corp in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortive Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortive Corp will appreciate offsetting losses from the drop in the long position's value.

Fortive Corp Pair Trading

Fortive Corp Pair Trading Analysis

The ability to find closely correlated positions to Fortive Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortive Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fortive Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fortive Corp to buy it.
The correlation of Fortive Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortive Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortive Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fortive Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Fortive Corp position

In addition to having Fortive Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Convertibles Funds Thematic Idea Now

Convertibles Funds
Convertibles Funds Theme
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 15 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Funds Theme or any other thematic opportunities.
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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.