Fortive Corp Stock Analysis
FTV Stock | USD 76.95 1.20 1.58% |
Fortive Corp is undervalued with Real Value of 78.89 and Target Price of 82.44. The main objective of Fortive Corp stock analysis is to determine its intrinsic value, which is an estimate of what Fortive Corp is worth, separate from its market price. There are two main types of Fortive Corp's stock analysis: fundamental analysis and technical analysis.
The Fortive Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Fortive Corp is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Fortive Stock trading window is adjusted to America/New York timezone.
Fortive |
Fortive Stock Analysis Notes
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. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington. Fortive Corp operates under Scientific Technical Instruments classification in the United States and is traded on New York Stock Exchange. It employs 18000 people. To learn more about Fortive Corp call James Lico at 425 446 5000 or check out https://www.fortive.com.Fortive Corp Quarterly Total Revenue |
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Fortive Corp Investment Alerts
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 Upcoming and Recent Events
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 |
Fortive Largest EPS Surprises
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.
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 |
Fortive Corp Environmental, Social, and Governance (ESG) Scores
Fortive Corp's ESG score is a quantitative measure that evaluates Fortive Corp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Fortive Corp's operations that may have significant financial implications and affect Fortive Corp's stock price as well as guide investors towards more socially responsible investments.
Fortive Corp Thematic Classifications
In addition to having Fortive Corp stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Measuring and Control EquipmentUSA Equities from Measuring and Control Equipment industry as classified by Fama & French |
Fortive Stock Institutional Investors
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 Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 26.28 B.Fortive Profitablity
The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.19 %, which entails that for every 100 dollars of revenue, it generated $0.19 of operating income.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 |
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 | Operating Margin 0.1938 | Profit Margin 0.1436 | Forward Dividend Yield 0.0042 | Beta 1.174 |
Technical Drivers
As of the 21st of November, Fortive Corp shows the Mean Deviation of 1.01, downside deviation of 1.26, 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 Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Fortive Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Fortive Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Fortive Corp 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 Outstanding 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.
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Fortive Corp Predictive Daily 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 |
F4 | 13th 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 |
F4 | 5th 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 |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 16th of September 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 | 10th of September 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 4th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Fortive Corp Forecast Models
Fortive Corp's time-series forecasting models are one of many Fortive Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fortive Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Fortive Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Fortive Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Fortive shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Fortive Corp. By using and applying Fortive Stock analysis, traders can create a robust methodology for identifying Fortive entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.16 | 0.21 | |
Operating Profit Margin | 0.19 | 0.20 | |
Net Profit Margin | 0.14 | 0.14 | |
Gross Profit Margin | 0.59 | 0.42 |
Current Fortive Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Fortive analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Fortive analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
82.44 | Strong Buy | 20 | Odds |
Most Fortive analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Fortive stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Fortive Corp, talking to its executives and customers, or listening to Fortive conference calls.
Fortive Stock Analysis Indicators
Fortive Corp stock analysis indicators help investors evaluate how Fortive Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Fortive Corp shares will generate the highest return on investment. By understating and applying Fortive Corp stock analysis, traders can identify Fortive Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow | 709.2 M | |
Long Term Debt | 3.6 B | |
Common Stock Shares Outstanding | 355.6 M | |
Total Stockholder Equity | 10.3 B | |
Tax Provision | 142.5 M | |
Quarterly Earnings Growth Y O Y | 0.033 | |
Property Plant And Equipment Net | 594.8 M | |
Cash And Short Term Investments | 1.9 B | |
Cash | 1.9 B | |
Accounts Payable | 608.6 M | |
Net Debt | 1.9 B | |
50 Day M A | 75.6236 | |
Total Current Liabilities | 1.8 B | |
Other Operating Expenses | 2.5 B | |
Non Current Assets Total | 13.2 B | |
Forward Price Earnings | 18.4162 | |
Non Currrent Assets Other | 363.9 M | |
Stock Based Compensation | 113.3 M |
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.