Fortive Corp Stock Today

FTV Stock  USD 75.75  1.25  1.68%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 8

 
High
 
Low
Low
Fortive Corp is selling for under 75.75 as of the 21st of November 2024; that is 1.68% increase since the beginning of the trading day. The stock's lowest day price was 74.59. Fortive Corp has only a 8 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Fortive Corp's common stock.
Business Domain
Capital Goods
IPO Date
1st of July 2016
Category
Technology
Classification
Industrials
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. The company has 346.95 M outstanding shares of which 3.03 M shares are currently shorted by investors with about 1.38 days to cover. More on Fortive Corp

Moving against Fortive Stock

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Fortive Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJames Lico
Thematic IdeaMeasuring and Control Equipment (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Scientific & Technical Instruments, Industrials, NYSE Composite, SP 500 Index, Measuring and Control Equipment, Industrials, Machinery, Scientific & Technical Instruments, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04860.0512
Notably Down
Slightly volatile
Asset Turnover0.620.3586
Way Up
Slightly volatile
Gross Profit Margin0.420.5926
Way Down
Slightly volatile
Net Debt2.4 B1.9 B
Fairly Up
Very volatile
Total Current Liabilities2.4 B1.8 B
Significantly Up
Slightly volatile
Non Current Liabilities Total3.8 B4.8 B
Significantly Down
Slightly volatile
Total Assets13.6 B16.9 B
Significantly Down
Slightly volatile
Total Current AssetsB3.7 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities1.3 B1.4 B
Notably Down
Slightly volatile
Debt Levels
Fortive Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortive Corp's financial leverage. It provides some insight into what part of Fortive Corp's total assets is financed by creditors.
Liquidity
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.

Total Cash From Operating Activities

1.28 Billion
Fortive Corp (FTV) is traded on New York Stock Exchange in USA. It is located in 6920 Seaway Boulevard, Everett, WA, United States, 98203 and employs 18,000 people. Fortive Corp is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 26.28 B. Fortive Corp runs under Machinery sector within Industrials industry. The entity has 346.95 M outstanding shares of which 3.03 M shares are currently shorted by investors with about 1.38 days to cover. Fortive Corp has about 709.2 M in cash with 1.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99.
Check Fortive Corp Probability Of Bankruptcy
Ownership Allocation
Fortive Corp holds a total of 346.95 Million outstanding shares. The majority of Fortive Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fortive Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fortive Corp. Please pay attention to any change in the institutional holdings of Fortive Corp as this could imply that something significant has changed or is about to change at the company. Please note that on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Fortive Corp's common stock.
Check Fortive Ownership Details

Fortive Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
M
Boston Partners Global Investors, Inc2024-06-30
6.8 M
Fmr Inc2024-09-30
6.7 M
Norges Bank2024-06-30
5.1 M
Champlain Investment Partners, Llc2024-09-30
4.8 M
Bank Of America Corp2024-06-30
4.5 M
Mizuho Securities Usa Inc2024-09-30
M
Select Equity Group Lp2024-09-30
3.6 M
Ubs Asset Mgmt Americas Inc2024-09-30
3.4 M
T. Rowe Price Investment Management,inc.2024-09-30
39.1 M
Vanguard Group Inc2024-09-30
39.1 M
View Fortive Corp Diagnostics

Fortive Corp Historical Income Statement

At this time, Fortive Corp's Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to climb to about 424.7 M in 2024, whereas Interest Expense is likely to drop slightly above 79.7 M in 2024. View More Fundamentals

Fortive Stock Against Markets

Fortive Corp Corporate Directors

Jeannine SargentIndependent DirectorProfile
Mitchell RalesIndependent DirectorProfile
Kate MitchellIndependent DirectorProfile
Steven RalesIndependent DirectorProfile

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.