Fortive Corp Stock Today
| FTV Stock | USD 80.83 0.63 0.79% |
Performance11 of 100
| Odds Of DistressLess than 9
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Fortive Corp is selling for under 80.83 as of the 18th of April 2024; that is 0.79 percent increase since the beginning of the trading day. The stock's lowest day price was 79.67. Fortive Corp has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Fortive Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
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 351.38 M outstanding shares of which 3.2 M shares are currently shorted by investors with about 1.98 days to cover. More on Fortive Corp
Moving together with Fortive Stock
| 0.7 | DYSL | Dynasil Of | PairCorr |
Moving against Fortive Stock
| 0.87 | FCUV | Focus Universal | PairCorr |
Fortive Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fortive Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fortive Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Fortive Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortive Corp's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | James Lico | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Measuring and Control Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial 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 Analysts covering Fortive Corp report their recommendations after researching Fortive Corp's financial statements, talking to executives and customers, or listening in on Fortive Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Fortive Corp. The Fortive consensus assessment is calculated by taking the average forecast from all of the analysts covering Fortive Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Fortive Corp's profitability, liquidity, and operating efficiency, Fortive Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Fortive Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Fortive Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fortive Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Fortive Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Fortive Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to 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.
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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 28.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortive Corp's market, we take the total number of its shares issued and multiply it by Fortive Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fortive Corp runs under Machinery sector within Industrials industry. The entity has 351.38 M outstanding shares of which 3.2 M shares are currently shorted by investors with about 1.98 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 AllocationFortive Corp holds a total of 351.38 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 no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Fortive Ownership Details
Fortive Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Fortive Corp jumping above the current price in 90 days from now is about 61.08%. The Fortive Corp probability density function shows the probability of Fortive Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Fortive Corp has a beta of 0.8762. This usually indicates Fortive Corp market returns are correlated to returns on the market. As the market goes up or down, Fortive Corp is expected to follow. Additionally, fortive Corp has an alpha of 0.1245, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fortive Corp to move above the current price in 90 days from now is about 61.08 (This Fortive Corp probability density function shows the probability of Fortive Stock to fall within a particular range of prices over 90 days) .
Fortive Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Fortive Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fortive Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fortive Corp's value.| Instituion | Recorded On | Shares | |
| Capital World Investors | 2023-12-31 | 5.8 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 5.4 M | |
| Champlain Investment Partners, Llc | 2023-12-31 | 5.1 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 4.5 M | |
| Hhg Plc | 2023-12-31 | 4.2 M | |
| Bank Of America Corp | 2023-12-31 | 4 M | |
| Northern Trust Corp | 2023-12-31 | 3.7 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.7 M | |
| Norges Bank | 2023-12-31 | 3.6 M | |
| Vanguard Group Inc | 2023-12-31 | 39.1 M | |
| T. Rowe Price Investment Management,inc. | 2023-12-31 | 33.9 M |
Fortive Corp Historical Income Statement
Fortive Corp Income Statement is one of the three primary financial statements used for reporting Fortive's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Fortive Corp revenue and expense. Fortive Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Fortive Corp's Preferred Stock And Other Adjustments is fairly stable compared to the past year. View More FundamentalsFortive Stock Against Markets
Picking the right benchmark for Fortive Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fortive Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fortive Corp is critical whether you are bullish or bearish towards Fortive Corp at a given time. Please also check how Fortive Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fortive Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fortive Corp Corporate Directors
Fortive Corp corporate directors refer to members of a Fortive Corp board of directors. The board of directors generally takes responsibility for the Fortive Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Fortive Corp's board members must vote for the resolution. The Fortive Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Stephen Rales | Director | Profile | |
| Jeannine Sargent | Independent Director | Profile | |
| Mitchell Rales | Independent Director | Profile | |
| Kate Mitchell | Independent Director | Profile |
How to buy Fortive Stock?
Before investing in Fortive Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fortive Corp. To buy Fortive Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fortive Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fortive Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fortive Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fortive Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Fortive Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.
Already Invested in Fortive Corp?
The danger of trading Fortive Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fortive Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fortive Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fortive Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fortive Corp is a strong investment it is important to analyze Fortive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortive Corp's future performance. For an informed investment choice regarding Fortive Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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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.
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Is Fortive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortive Corp. If investors know Fortive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.162 | Dividend Share 0.29 | Earnings Share 2.43 | Revenue Per Share 17.207 | Quarterly Revenue Growth 0.035 |
The market value of Fortive Corp is measured differently than its book value, which is the value of Fortive that is recorded on the company's balance sheet. Investors also form their own opinion of Fortive Corp's value that differs from its market value or its book value, called intrinsic value, which is Fortive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortive Corp's market value can be influenced by many factors that don't directly affect Fortive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.