Fortive is a scientific & technical instruments business based in the US. Fortive shares (FTV) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $76.91 – a decrease of 2.89% over the previous week. Fortive employs 18,000 staff and has a trailing 12-month revenue of around $6.2 billion.
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| Latest market close | $76.91 |
|---|---|
| 52-week range | $62.78 - $86.91 |
| 50-day moving average | $72.44 |
| 200-day moving average | $76.48 |
| Wall St. target price | $84.92 |
| PE ratio | 31.8072 |
| Dividend yield | $0.31 (0.4%) |
| Earnings per share (TTM) | $2.49 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $76.91 from 2024-10-04
| 1 week (2024-09-27) | -2.89% |
|---|---|
| 1 month (2024-09-05) | 5.65% |
| 3 months (2024-07-05) | 6.21% |
| 6 months (2024-04-05) | -8.73% |
| 1 year (2023-10-05) | 3.10% |
|---|---|
| 2 years (2022-10-05) | 24.25% |
| 3 years (2021-10-05) | 8.42% |
| 5 years (2019-10-04) | 39.31% |
Valuing Fortive stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortive's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Fortive's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Fortive shares trade at around 32x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Fortive's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3215. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fortive's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Fortive's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.7 billion.
The EBITDA is a measure of a Fortive's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $6.2 billion |
|---|---|
| Operating margin TTM | 19.45% |
| Gross profit TTM | $3.4 billion |
| Return on assets TTM | 4.42% |
| Return on equity TTM | 8.65% |
| Profit margin | 14.39% |
| Book value | $29.97 |
| Market Capitalization | $27.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 8.91% of net profits
Recently Fortive has paid out, on average, around 8.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.4% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Fortive shareholders could enjoy a 0.4% return on their shares, in the form of dividend payments. In Fortive's case, that would currently equate to about $0.31 per share.
While Fortive's payout ratio might seem low, this can signify that Fortive is investing more in its future growth.
Fortive's most recent dividend payout was on 26 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 September 2024 (the "ex-dividend date").
Fortive's shares were split on a 1195:1000 basis on 8 October 2020. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1195 shares. This wouldn't directly have changed the overall worth of your Fortive shares – just the quantity. However, indirectly, the new 16.3% lower share price could have impacted the market appetite for Fortive shares which in turn could have impacted Fortive's share price.
Over the last 12 months, Fortive's shares have ranged in value from as little as $62.7786 up to $86.9105. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Fortive's is 1.161. This would suggest that Fortive's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
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