Fortive Corporation (FTV)
| Market Cap | 25.88B |
| Revenue (ttm) | 6.01B |
| Net Income (ttm) | 827.80M |
| Shares Out | 351.43M |
| EPS (ttm) | 2.33 |
| PE Ratio | 31.60 |
| Forward PE | 20.14 |
| Dividend | $0.32 (0.43%) |
| Ex-Dividend Date | Nov 22, 2023 |
| Volume | 860,420 |
| Open | 73.46 |
| Previous Close | 73.58 |
| Day's Range | 73.30 - 73.99 |
| 52-Week Range | 62.70 - 79.90 |
| Beta | 1.17 |
| Analysts | Buy |
| Price Target | 79.00 (+7.29%) |
| Earnings Date | Jan 31, 2024 |
About FTV
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Intelligent Operating Solutions segment provides advanced instrumentation, software and services, which includes electrical test and measurement, facility and asset lifecycle software applications, and worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. Additionally, it markets its product... [Read more]
Financial Performance
In 2022, Fortive's revenue was $5.83 billion, an increase of 10.87% compared to the previous year's $5.25 billion. Earnings were $755.20 million, an increase of 31.59%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for FTV stock is "Buy." The 12-month stock price forecast is $79.0, which is an increase of 7.29% from the latest price.
News
Fortive Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter and full year 2023 on Wednesday, J...
Tektronix Releases 4 Series B Mixed Signal Oscilloscope, Increasing Processing Power for Quicker Analysis & Data Transfer Speed
New computing platform increases responsiveness by 2x, paired with award-winning interface and remote operation capabilities BEAVERTON, Ore. , Dec. 5, 2023 /PRNewswire/ -- Tektronix, Inc , a leading p...
Fortive Declares Regular Quarterly Dividend on its Common Stock
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common sto...
Fortive to Present at the Baird Global Industrial Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Senior Vice President and Chief Financial Officer, Charles E. McLaughlin, will be presenting at the Ba...
Fortive Reports Strong Third Quarter 2023 Results; Narrows Full Year 2023 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter 2023. For the third quarter, net earnings were $218 million. For th...
Bregal Unternehmerkapital Announces the Sale of EA Elektro-Automatik to Fortive Corporation for €1,585 Million
ZUG, Switzerland--(BUSINESS WIRE)--Bregal Unternehmerkapital (“BU”), a leading investment firm in the DACH region and Northern Italy, today announced the sale of EA Elektro-Automatik Holding GmbH (“EA...
Fortive to Acquire EA Elektro-Automatik, an Industry-leading Provider of Electronic Test & Measurement Solutions
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it has entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH (EA), a leadin...
Advanced Sterilization Products Announces Expansion of Sterilization Monitoring Portfolio
IRVINE, Calif.--(BUSINESS WIRE)--Advanced Sterilization Products (ASP), a global leader in infection prevention and Fortive (NYSE: FTV) company, announced today an important expansion in its Steriliza...
EA Elektro-Automatik draws interest from private equity, industrial firms -sources
Private equity firms Blackstone Inc , EQT AB and THL Partners are competing against large U.S. industrial automation firms to acquire German power electronics firm EA Elektro-Automatik, according to p...
Fortive Schedules Third Quarter 2023 Earnings Conference Call
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the third quarter 2023 on Wednesday, October 25, 2023...
United Digestive Transitions Endoscopy Centers to Provation® Apex Platform
MINNEAPOLIS & ATLANTA--(BUSINESS WIRE)--United Digestive (UD), a leading provider of gastroenterology (GI) services and one of the largest GI physician practice management firms in the U.S., and Prova...
Fortive to Present at the Morgan Stanley Laguna Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and President and Chief Executive Officer, Preci...
Fluke Reliability Acquires AI-Powered Vibration Analytics and Remote Condition Monitoring Solution
EVERETT, Wash.--(BUSINESS WIRE)--Fluke Reliability, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV], which empowers reliability and maintenance teams with the hardware, software, and serv...
3 Cheap Stocks from a Great Money Manager
Unearthing opportunities in the portfolio of the new David Giroux-managed T. Rowe Price Capital Appreciation Equity ETF.
Is Fortive Corp (FTV) Fairly Valued? A Comprehensive Analysis
Fortive Corp ( FTV , Financial) saw a daily gain of 3.48%, with an Earnings Per Share (EPS) (EPS) of $2.14 as of July 26, 2023. This article aims to answer the question: is Fortive Corp (FTV) fairly v...
Fortive Reports Strong Second Quarter 2023 Results; Raises Full Year 2023 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the second quarter 2023. For the second quarter, net earnings were $209 million. For ...
Fortive Schedules Second Quarter 2023 Earnings Conference Call
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the second quarter 2023 on Wednesday, July 26, 2023 b...
Fortive to Present at the 8th Annual TD Cowen Sustainability and Energy Transition Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Senior Vice President and General Counsel, Peter C. Underwood, will be presenting at the 8th Annual TD...
Fortive Releases Annual Sustainability Report
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today it has published its annual Sustainability Report, detailing the company's continued commitment to achievin...
Advanced Sterilization Products Announces Chad Rohrer as President
IRVINE, Calif. & EVERETT, Wash.--(BUSINESS WIRE)--Advanced Sterilization Products (ASP), a global leader in infection prevention and a wholly owned operating company of Fortive Corporation (NYSE: FTV)...
Fortive to Highlight Value Creation Strategy and 2028 Financial Targets at Investor Day
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive” or the “Company”) (NYSE: FTV) is today hosting its 2023 Investor Day during which the Company will discuss its high-quality portfolio an...
Fortive to Webcast Investor Day
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) will host an Investor Day on May 25, 2023 in New York, with strategy sessions presented by Fortive's executive officers and...
Fortive Reports Strong First Quarter 2023 Results; Raises Full Year 2023 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Reports Strong First Quarter 2023 Results; Raises Full Year 2023 Outlook.
Fortive Schedules First Quarter 2023 Earnings Conference Call
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the first quarter 2023 on Wednesday, April 26, 2023 b...
CORRECTING and REPLACING Fortive to Present at the Bank of America Global Industrials Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (NYSE: FTV) is updating and replacing the press release issued on March 10, 2023 to update the time of its participation at the Bank of America Glo...