Fortive Corporation (FTV)
| Market Cap | 26.21B |
| Revenue (ttm) | 6.13B |
| Net Income (ttm) | 899.60M |
| Shares Out | 352.03M |
| EPS (ttm) | 2.52 |
| PE Ratio | 29.54 |
| Forward PE | 18.88 |
| Dividend | $0.32 (0.43%) |
| Ex-Dividend Date | May 31, 2024 |
| Volume | 1,115,562 |
| Open | 73.57 |
| Previous Close | 73.50 |
| Day's Range | 73.21 - 74.49 |
| 52-Week Range | 63.05 - 87.10 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 87.91 (+18.1%) |
| Earnings Date | Jul 24, 2024 |
About FTV
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... [Read more]
Financial Performance
In 2023, Fortive's revenue was $6.07 billion, an increase of 4.11% compared to the previous year's $5.83 billion. Earnings were $865.80 million, an increase of 14.65%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for FTV stock is "Buy." The 12-month stock price forecast is $87.91, which is an increase of 18.10% from the latest price.
News
CORRECTING and REPLACING Fortive to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024
EVERETT, Wash.--(BUSINESS WIRE)--In the release dated May 01, 2024, the first sentence has been revised. The updated release reads: FORTIVE TO PRESENT AT THE BANK OF AMERICA TRANSPORTATION, AIRLINES, ...
Fortive to Present at the Wolfe Research Global Transportation and Industrials Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Olumide Soroye, President and Chief Executive Officer of Intelligent Operating Solutions (IOS) will be...
Fortive Releases 2023 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 progress and continued commitmen...
Fortive to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that James A. Lico, Fortive President and Chief Executive Officer, and Tami Newcombe, President and Chief E...
Fortive raises 2024 profit forecast on resilient demand for industrial automation
Industrial products maker Fortive raised its annual profit forecast on Wednesday as benefiting from companies increasing their spending on automation amid a tight labor market.
Fortive Reports Strong First Quarter 2024 Results; Raises Full Year 2024 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the first quarter of 2024. For the first quarter, net earnings were $207 million. For...
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 Schedules First Quarter 2024 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 2024 on Wednesday, April 24, 2024 b...
Fluke Advances Utility-Scale Solar Testing with the Launch of the PVA-1500 Series I-V Curve Tracer
EVERETT, Wash.--(BUSINESS WIRE)--Fluke Corp, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV] and a global leader in test and measurement instruments, today announced the launch of the PVA...
Fortive to Present at the Bank of America Global Industrials Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Charles E. McLaughlin, Chief Financial Officer, will be presenting at the Bank of America Global Indus...
Fortive to Present at the J.P. Morgan Industrials Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that James A. Lico, Fortive President and Chief Executive Officer, and Olumide Soroye, President and Chief ...
Fortive to Present at the Citi Global Industrial Tech and Mobility Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico will be presenting at the Citi Global Industrial ...
Fortive to Present at the Barclays Industrial Select Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico will be presenting at the Barclays Industrial Sel...
Fortive Announces Pricing of Offering of Euro-denominated Senior Notes
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it has priced its registered offering (the “offering”) of €500 million aggregate principal amount of i...
Fortive Reports Strong Fourth Quarter and Full Year 2023 Results; Introduces First Quarter and Full Year 2024 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the fourth quarter and full year 2023. For the fourth quarter, net earnings were $265...
Fortive Announces Replenishment of Share Repurchase Authorization
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors approved a replenishment of 11 million shares of Fortive common stock to the Co...
Allied Digestive Health and Provation Sign Agreement for Enhanced Patient Care
MINNEAPOLIS & WEST LONG BRANCH, N.J.--(BUSINESS WIRE)-- #AlliedDigestiveHealth--Allied Digestive Health (ADH), the beacon of cutting-edge gastroenterology (GI) services across New Jersey and New York,...
Fortive Announces Completion of EA Elektro-Automatik Acquisition
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it has completed its acquisition of EA Elektro-Automatik (EA) Holding GmbH, enhancing Fortive's positi...
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 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...