image
Technology - Hardware, Equipment & Parts - NYSE - US
$ 74.82
-1.04 %
$ 26 B
Market Cap
30.17
P/E
1. INTRINSIC VALUE

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets.[ Read More ]

The intrinsic value of one FTV stock under the base case scenario is HIDDEN Compared to the current market price of 74.8 USD, Fortive Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FTV

image
FINANCIALS
6.07 B REVENUE
4.11%
1.13 B OPERATING INCOME
14.82%
866 M NET INCOME
14.65%
1.35 B OPERATING CASH FLOW
3.87%
-195 M INVESTING CASH FLOW
-90.63%
32.3 M FINANCING CASH FLOW
102.54%
1.53 B REVENUE
-1.15%
296 M OPERATING INCOME
-2.09%
222 M NET INCOME
13.58%
459 M OPERATING CASH FLOW
48.59%
-17.6 M INVESTING CASH FLOW
60.71%
-282 M FINANCING CASH FLOW
12.55%
Balance Sheet Decomposition Fortive Corporation
image
Current Assets 3.67 B
Cash & Short-Term Investments 1.89 B
Receivables 1.07 B
Other Current Assets 714 M
Non-Current Assets 13.2 B
Long-Term Investments 0
PP&E 595 M
Other Non-Current Assets 12.6 B
Current Liabilities 1.79 B
Accounts Payable 609 M
Short-Term Debt 37.6 M
Other Current Liabilities 1.15 B
Non-Current Liabilities 4.8 B
Long-Term Debt 3.77 B
Other Non-Current Liabilities 1.02 B
EFFICIENCY
Earnings Waterfall Fortive Corporation
image
Revenue 6.07 B
Cost Of Revenue 2.47 B
Gross Profit 3.59 B
Operating Expenses 2.46 B
Operating Income 1.13 B
Other Expenses 268 M
Net Income 866 M
RATIOS
59.26% GROSS MARGIN
59.26%
18.69% OPERATING MARGIN
18.69%
14.27% NET MARGIN
14.27%
8.39% ROE
8.39%
5.12% ROA
5.12%
7.09% ROIC
7.09%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Fortive Corporation
image
Net Income 866 M
Depreciation & Amortization 457 M
Capital Expenditures -108 M
Stock-Based Compensation 113 M
Change in Working Capital 21.8 M
Others 30.5 M
Free Cash Flow 1.25 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Fortive Corporation
image
Wall Street analysts predict an average 1-year price target for FTV of $88.5 , with forecasts ranging from a low of $77 to a high of $99 .
FTV Lowest Price Target Wall Street Target
77 USD 2.91%
FTV Average Price Target Wall Street Target
88.5 USD 18.24%
FTV Highest Price Target Wall Street Target
99 USD 32.32%
4. DIVIDEND ANALYSIS
0.10% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Fortive Corporation
image
Sold
0-3 MONTHS
14.3 M USD 4
3-6 MONTHS
0 USD 0
6-9 MONTHS
5.24 M USD 4
9-12 MONTHS
18.2 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 days ago
Nov 11, 2024
Sell 383 K USD
Underwood Peter C
SVP - General Counsel
- 5000
76.58 USD
2 weeks ago
Nov 01, 2024
Sell 12.3 M USD
Walker Stacey A.
SVP - Human Resources
- 171808
71.71 USD
2 months ago
Sep 13, 2024
Sell 508 K USD
McLaughlin Charles E
SVP - Chief Financial Officer
- 6864
74.03 USD
2 months ago
Sep 13, 2024
Sell 1.05 M USD
Schwarz Jonathan L
SVP - Corporate Development
- 14223
73.8 USD
8 months ago
Feb 28, 2024
Sell 788 K USD
Walker Stacey A.
SVP - Human Resources
- 9106
86.5 USD
8 months ago
Feb 29, 2024
Sell 71.7 K USD
Walker Stacey A.
SVP - Human Resources
- 842
85.11 USD
8 months ago
Feb 28, 2024
Sell 3.52 M USD
McLaughlin Charles E
SVP - Chief Financial Officer
- 40837
86.28 USD
8 months ago
Feb 28, 2024
Sell 432 K USD
Underwood Peter C
SVP - General Counsel
- 5000
86.39 USD
9 months ago
Feb 16, 2024
Sell 425 K USD
Newcombe Tamara S.
President & CEO of AHS and PT
- 5000
85 USD
9 months ago
Feb 09, 2024
Sell 739 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 8994
82.17 USD
9 months ago
Feb 09, 2024
Sell 501 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 6088
82.26 USD
9 months ago
Feb 06, 2024
Sell 8.63 M USD
LICO JAMES A
President and CEO
- 105853
81.49 USD
9 months ago
Feb 02, 2024
Sell 8.23 M USD
LICO JAMES A
President and CEO
- 100000
82.3 USD
9 months ago
Feb 06, 2024
Sell 55.4 K USD
LICO JAMES A
President and CEO
- 672
82.42 USD
1 year ago
Jul 28, 2023
Sell 361 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 4700
76.85 USD
1 year ago
Jul 28, 2023
Sell 341 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 4436
76.84 USD
1 year ago
Jul 28, 2023
Sell 1.3 M USD
McLaughlin Charles E
SVP - Chief Financial Officer
- 16911
76.66 USD
1 year ago
Jul 28, 2023
Sell 1.67 M USD
Murphy Patrick K
President & CEO of AHS
- 21793
76.5 USD
1 year ago
Feb 27, 2023
Sell 220 K USD
Walker Stacey A.
SVP - Human Resources
- 3249
67.75 USD
1 year ago
Feb 23, 2023
Sell 88.7 K USD
Walker Stacey A.
SVP - Human Resources
- 1336
66.39 USD
1 year ago
Feb 17, 2023
Sell 142 K USD
Walker Stacey A.
SVP - Human Resources
- 2063
68.67 USD
2 years ago
Nov 11, 2022
Sell 900 K USD
McLaughlin Charles E
SVP - Chief Financial Officer
- 13156
68.44 USD
2 years ago
Nov 11, 2022
Sell 2.25 M USD
Murphy Patrick K
President & CEO of AHS
- 32788
68.56 USD
2 years ago
May 02, 2022
Bought 650 K USD
SPOON ALAN G
Director
+ 11100
58.54 USD
2 years ago
May 02, 2022
Bought 364 K USD
SPOON ALAN G
director:
+ 6300
57.73 USD
2 years ago
Feb 28, 2022
Sell 69.6 K USD
Walker Stacey A.
SVP - Human Resources
- 1080
64.43 USD
2 years ago
Feb 28, 2022
Sell 13.3 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 207
64.43 USD
2 years ago
Feb 28, 2022
Sell 7.6 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 118
64.43 USD
2 years ago
Feb 24, 2022
Sell 110 K USD
Walker Stacey A.
SVP - Human Resources
- 1788
61.42 USD
2 years ago
Feb 24, 2022
Sell 12.3 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 201
61.42 USD
2 years ago
Feb 25, 2022
Sell 44.7 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 697
64.13 USD
2 years ago
Feb 24, 2022
Sell 7.98 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 130
61.42 USD
2 years ago
Feb 25, 2022
Sell 8.91 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 139
64.13 USD
2 years ago
Feb 23, 2022
Sell 82.8 K USD
Walker Stacey A.
SVP - Human Resources
- 1297
63.87 USD
2 years ago
Feb 23, 2022
Sell 11.7 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 183
63.87 USD
2 years ago
Feb 23, 2022
Sell 7.92 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 124
63.87 USD
2 years ago
Feb 22, 2022
Sell 37.4 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 594
63.03 USD
2 years ago
Feb 22, 2022
Sell 7.56 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 120
63.03 USD
2 years ago
Feb 09, 2022
Sell 182 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 2736
66.38 USD
2 years ago
Feb 09, 2022
Sell 182 K USD
Mulhall Christopher M.
VP - Chief Accounting Officer
- 2736
66.38 USD
2 years ago
Nov 30, 2021
Sell 1.28 M USD
Hulit Barbara B.
President & CEO of AHS
- 16799
76.181 USD
3 years ago
Nov 16, 2021
Sell 1.22 M USD
Schwarz Jonathan L
SVP - Corporate Development
- 15457
78.719 USD
3 years ago
Nov 15, 2021
Sell 11.9 M USD
LICO JAMES A
President and CEO
- 152851
78.137 USD
3 years ago
Nov 03, 2021
Sell 506 K USD
Underwood Peter C
SVP - General Counsel
- 6575
76.99 USD
3 years ago
Aug 06, 2021
Sell 262 K USD
Underwood Peter C
SVP - General Counsel
- 3522
74.27 USD
7. News
Fortive to Present at the Baird Global Industrial 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 Baird 2024 Global Industrial Conference on Wednesday, November 13th, 2024 at 3:55 p.m. ET (12:55 p.m. PT). The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-mark. businesswire.com - 1 week ago
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 stock, par value $0.01 per share, payable on December 27, 2024 to common stockholders of record on November 29, 2024. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such futur. businesswire.com - 1 week ago
Fortive Q3 Earnings Beat Estimates, Revenues Up Y/Y, Outlook Raised Continued momentum across IOS and AHS segments and robust orders growth aid FTV's third-quarter performance. zacks.com - 2 weeks ago
After Plunging -7.16% in 4 Weeks, Here's Why the Trend Might Reverse for Fortive (FTV) The heavy selling pressure might have exhausted for Fortive (FTV) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. zacks.com - 2 weeks ago
Fortive Corporation (FTV) Q3 2024 Earnings Call Transcript Fortive Corporation (NYSE:FTV ) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief Executive Officer Charles McLaughlin - Senior Vice President and Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Research Julian Mitchell - Barclays Joe Giordano - TD Cowen Jeffrey Sprague - Vertical Research Partners Scott Davis - Melius Research Andrew Kaplowitz - Citigroup Andrew Obin - Bank of America Jamie Cook - Truist Deane Dray - RBC Capital Markets Christopher Snyder - Morgan Stanley Joseph O'Dea - Wells Fargo Operator My name is Brock, and I will be your conference facilitator this afternoon. At this time, I would like to welcome everyone to Fortive Corporation's Third Quarter 2024 Earnings Results Conference Call. seekingalpha.com - 2 weeks ago
Compared to Estimates, Fortive (FTV) Q3 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Fortive (FTV) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 2 weeks ago
Fortive (FTV) Surpasses Q3 Earnings Estimates Fortive (FTV) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.85 per share a year ago. zacks.com - 2 weeks ago
Fortive lifts annual profit view as automation demand drives quarterly beat Industrial products maker Fortive raised its annual profit forecast on Wednesday, after steady demand for its automation products and services boosted third-quarter profit above estimates. reuters.com - 2 weeks ago
Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter of 2024. For the third quarter, net earnings were $222 million. For the same period, adjusted net earnings were $342 million. Diluted net earnings per share for the third quarter were $0.63. For the same period, adjusted diluted net earnings per share were $0.97. For the third quarter, revenues increased 3% year-over-year to $1.54 billion, which included 1% core r. businesswire.com - 2 weeks ago
Unlocking Q3 Potential of Fortive (FTV): Exploring Wall Street Estimates for Key Metrics Besides Wall Street's top -and-bottom-line estimates for Fortive (FTV), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024. zacks.com - 2 weeks ago
Fortive Gears Up to Report Q3 Earnings: What's in the Offing? FTV's Q3 2024 performance is likely to have benefited from momentum in software and other recurring revenue businesses amid forex woes. zacks.com - 2 weeks ago
Fortive (FTV) Reports Next Week: Wall Street Expects Earnings Growth Fortive (FTV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
8. Profile Summary

Fortive Corporation FTV

image
COUNTRY US
INDUSTRY Hardware, Equipment & Parts
MARKET CAP $ 26 B
Dividend Yield 0.10%
Description Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets. This segment markets its products under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands. Its Advanced Healthcare Solutions segment offers hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services; subscription-based surgical inventory management systems to facilitate inventory management and regulatory compliance, as well as technical, analytical, and compliance services to determine radiation exposure services under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
Contact 6920 Seaway Boulevard, Everett, WA, 98203 https://www.fortive.com
IPO Date July 5, 2016
Employees 18000
Officers Mr. Jonathan L. Schwarz Senior Vice President of Corporate Development Mr. Charles E. McLaughlin Senior Vice President & Chief Financial Officer Ms. Stacey A. Walker Senior Vice President of Human Resources Ms. Elena Doom Rosman Vice President of Investor Relations Ms. Tamara S. Newcombe President and Chief Executive Officer of Precision Technologies & Advanced Healthcare Solutions Mr. Edward Read Simmons Senior Vice President of Strategy Mr. Andrew McCauley Group President of Sensing Technologies Mr. Christopher M. Mulhall Vice President & Chief Accounting Officer Mr. James A. Lico President, Chief Executive Officer & Director Mr. Victor P. Fetter III Senior Vice President & Chief Information Officer