FTV logo

Fortive (FTV) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

05 July 2016

Indexes:

Description:

Fortive Corporation is a diversified industrial technology conglomerate headquartered in Everett, Washington. It was founded in 2015 as a result of a spin-off from Danaher Corporation. The company's divisions design, develop, manufacture, and sell software and services in the areas of sensing technologies, healthcare, transportation technologies, and franchise distribution. Fortive's operations consist of two segments: Professional Instrumentation and Industrial Technologies. The products and services offered by the company are designed for retail fueling, commercial automotive repair businesses, municipal authorities, public safety organizations, and fleet owners.

Key Details

Price

$75.04

TTM Dividend Yield

0.43%(+10.26% YoY)

PE Ratio

29.90(-5.38% YoY)

Beta

1.01

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Jan 31, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 29, 2024
Splits

Next split:

N/A

Recent split:

July 26, 2024

Analyst ratings

Recent major analysts updates

19 Dec '24 Truist Securities
Buy
09 Dec '24 Citigroup
Neutral
18 Nov '24 Argus Research
Hold
13 Nov '24 UBS
Neutral
01 Nov '24 Truist Securities
Buy
31 Oct '24 Wells Fargo
Equal-Weight
31 Oct '24 RBC Capital
Sector Perform
31 Oct '24 Barclays
Overweight
10 Oct '24 JP Morgan
Overweight
09 Oct '24 Truist Securities
Buy

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Efficiency

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Institutional Ownership

Fortive Schedules Fourth Quarter 2024 Earnings Conference Call
Fortive Schedules Fourth Quarter 2024 Earnings Conference Call
Fortive Schedules Fourth Quarter 2024 Earnings Conference Call
FTV
businesswire.com23 December 2024

Everett, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has announced that it will host a webcast for its fourth quarter 2024 earnings conference call on Friday, February 7, 2025, starting at 12:00 p.m. ET and lasting about one hour. The call, along with a slide presentation, will be available on the "Investors" section of Fortive's website, www.fortive.com, under "Events/Presentations." A replay of the webcast will be accessible at the same site shortly after the event.

Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation
Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation
Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation
FTV
businesswire.com16 December 2024

Everett, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has received notice of an unsolicited “mini-tender offer” from TRC Capital Investment Corporation (“TRC”). TRC aims to buy up to 1,500,000 shares, which is about 0.44% of Fortive's total common stock, for $75.00 each. This offer is a 4.93% discount compared to Fortive's closing stock price on December 6, 2024, the last trading day.

Fluke Survey Reveals How Data is Powering the Future for Solar Energy Innovation and Growth
Fluke Survey Reveals How Data is Powering the Future for Solar Energy Innovation and Growth
Fluke Survey Reveals How Data is Powering the Future for Solar Energy Innovation and Growth
FTV
globenewswire.com13 December 2024

OEMs, technicians, and installers are hopeful about the future of solar energy. However, they think that the industry faces challenges due to a lack of data and knowledge about smart technology.

Fluke Networks Adds Advanced Wi-Fi 6E Troubleshooting Capabilities to LinkIQ
Fluke Networks Adds Advanced Wi-Fi 6E Troubleshooting Capabilities to LinkIQ
Fluke Networks Adds Advanced Wi-Fi 6E Troubleshooting Capabilities to LinkIQ
FTV
globenewswire.com09 December 2024

The new LinkIQ Duo offers a simple solution that integrates cable, Wi-Fi, and network testing all in one device. This makes it easier for users to manage their network connections. With its user-friendly design, testing becomes more efficient.

Fluke Survey Reveals 79% of Manufacturers Will Leverage AI to Tackle High-Skilled Labour Shortage
Fluke Survey Reveals 79% of Manufacturers Will Leverage AI to Tackle High-Skilled Labour Shortage
Fluke Survey Reveals 79% of Manufacturers Will Leverage AI to Tackle High-Skilled Labour Shortage
FTV
globenewswire.com05 December 2024

The use of AI is expected to enhance and make high-skilled jobs more accessible, especially as there continues to be a shortage of skilled workers. This technology aims to support workers and improve efficiency in various fields. As a result, more people may have the opportunity to engage in high-skilled work.

Mar Vista Strategic Growth Strategy Sold Fortive Corporation (FTV) as it Failed to Deliver on Expectations
Mar Vista Strategic Growth Strategy Sold Fortive Corporation (FTV) as it Failed to Deliver on Expectations
Mar Vista Strategic Growth Strategy Sold Fortive Corporation (FTV) as it Failed to Deliver on Expectations
FTV
Insider Monkey03 December 2024

Mar Vista Investment Partners, LLC, an investment management firm, published their investor letter for the "Strategic Growth Strategy" for the third quarter of 2024. You can download the letter here. The U.S. stock market performed well again in the third quarter of 2024, with the S&P 500® Index increasing for the fourth straight quarter, a rare occurrence.

Fortive to Present at the Baird Global Industrial Conference
Fortive to Present at the Baird Global Industrial Conference
Fortive to Present at the Baird Global Industrial Conference
FTV
businesswire.com08 November 2024

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) has announced that its President and CEO, James A. Lico, will speak at the Baird 2024 Global Industrial Conference on Wednesday, November 13th, 2024, at 3:55 p.m. ET (12:55 p.m. PT). The presentation will be available as a live audio webcast and will also be archived on www.fortive.com. ABOUT FORTIVE Fortive offers important technologies for connected workflow solutions in various appealing markets.

Fortive (FTV) Surpasses Q3 Earnings Estimates
Fortive (FTV) Surpasses Q3 Earnings Estimates
Fortive (FTV) Surpasses Q3 Earnings Estimates
FTV
zacks.com30 October 2024

Fortive (FTV) reported quarterly earnings of $0.97 per share, which is higher than the Zacks Consensus Estimate of $0.93 per share. This is an increase compared to earnings of $0.85 per share from the same period last year.

Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook
Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook
Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook
FTV
businesswire.com30 October 2024

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has released its financial results for the third quarter of 2024. The company reported net earnings of $222 million and adjusted net earnings of $342 million for this period. Additionally, revenues rose by 3% compared to the previous year, reaching $1.54 billion, with a 1% increase in core revenue.

Will Fortive (FTV) Beat Estimates Again in Its Next Earnings Report?
Will Fortive (FTV) Beat Estimates Again in Its Next Earnings Report?
Will Fortive (FTV) Beat Estimates Again in Its Next Earnings Report?
FTV
zacks.com17 October 2024

Fortive (FTV) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

FAQ

  • What is the primary business of Fortive?
  • What is the ticker symbol for Fortive?
  • Does Fortive pay dividends?
  • What sector is Fortive in?
  • What industry is Fortive in?
  • What country is Fortive based in?
  • When did Fortive go public?
  • Is Fortive in the S&P 500?
  • Is Fortive in the NASDAQ 100?
  • Is Fortive in the Dow Jones?
  • When was Fortive's last earnings report?
  • When does Fortive report earnings?
  • Should I buy Fortive stock now?

What is the primary business of Fortive?

Fortive Corporation is a diversified industrial technology conglomerate headquartered in Everett, Washington. It was founded in 2015 as a result of a spin-off from Danaher Corporation. The company's divisions design, develop, manufacture, and sell software and services in the areas of sensing technologies, healthcare, transportation technologies, and franchise distribution. Fortive's operations consist of two segments: Professional Instrumentation and Industrial Technologies. The products and services offered by the company are designed for retail fueling, commercial automotive repair businesses, municipal authorities, public safety organizations, and fleet owners.

What is the ticker symbol for Fortive?

The ticker symbol for Fortive is NYSE:FTV

Does Fortive pay dividends?

Yes, Fortive pays dividends. The last payment was $0.08, with an ex-dividend date on 29 November 2024

What sector is Fortive in?

Fortive is in the Technology sector

What industry is Fortive in?

Fortive is in the Scientific & Technical Instruments industry

What country is Fortive based in?

Fortive is headquartered in United States

When did Fortive go public?

Fortive's initial public offering (IPO) was on 05 July 2016

Is Fortive in the S&P 500?

Yes, Fortive is included in the S&P 500 index

Is Fortive in the NASDAQ 100?

No, Fortive is not included in the NASDAQ 100 index

Is Fortive in the Dow Jones?

No, Fortive is not included in the Dow Jones index

When was Fortive's last earnings report?

Fortive's most recent earnings report was on 30 October 2024

When does Fortive report earnings?

The next expected earnings date for Fortive is 7 February 2025

Should I buy Fortive stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions