Fortive is a scientific & technical instrument company located in Washington, United States, which is part of the Technology sector, and is traded under the ticker FTV on the NYSE exchange.
Fortive stock last closed at $86.02, up 0% from the previous day, and has increased 29.8% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.19 percentage points. Fortive stock is currently +37.19% from its 52-week low of $62.70, and -1.24% from its 52-week high of $87.10.
At the moment, there are 351.38M FTV shares outstanding. The market value of FTV is $30.23B. In the past 24 hours, 1.24M FTV shares were traded.
How to Buy Fortive Stock
Not sure how to invest in Fortive stock? Here's how.
Choose where to buy Fortive stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Fortive stock.
Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit money your investment account: Choose your method of payment and add your information.
Analyze Fortive stock: The Fortive ticker symbol is FTV. Is Fortive stock a good investment? Should you buy shares of FTV? How do FTV's underlying business fundamentals look? Do top analysts think Fortive is a good buy? Why has FTV's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if FTV is a good stock to buy).
Place your FTV purchase: Decide if you will purchase FTV shares at the current market price or use a limit order to purchase FTV shares at a particular price.
Get key alerts regarding your FTV position: Create a watchlist to get the latest news on your investment in Fortive shares.
Step 1: Choose where to buy Fortive stock
You will need an online brokerage account to access the NYSE market and buy FTV shares.
A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Open your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to buy FTV stock today.
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Step 4: Analyze Fortive stock
Once you have decided on the best place to buy Fortive stock, it's crucial to evaluate their stock prior to buying, so you actually comprehend the risk and opportunity.
Fortive shares data
FTV Price
$86.02
1w %
-0.21%
1y %
29.8%
5y %
3.71%
P/E
34.97x
P/B
2.93x
P/S
5x
PEG
1.03x
Revenue
$6.07B
Earnings
$865.80M
Fore. Rev. Growth
6.18%
Fore. Earn. Growth
37.63%
Market Cap
$30.23B
Next Earnings
Apr 24, 2024
Next Dividend
N/A
Fundamentals of Fortive
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on FTV's stock page.
Is FTV stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge FTV's fair value.
Using relative valuations ratios:
FTV may be undervalued based on its P/E ratio of 34.97x, relative to Scientific & Technical Instruments industry P/E ratio of -6.86x
FTV may be undervalued based on its P/B ratio of 2.93x, relative to Scientific & Technical Instruments industry P/B ratio of 3.33x
FTV may be overvalued based on its PEG ratio of 1.03x
FTV earnings of $1.11B is not enough to cover its interest payments.
FTV profit margin has gone up from 13% to 14.3% in the past year.
FTV's operating cash flow of $1.35B allows it to safely service it's debt of $3.65B.
Total FTV debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the FTV balance sheet.
Signs that FTV is not financially healthy:
There are more long-term liabilities than short-term assets on the FTV balance sheet.
FTV has a relatively high debt to equity ratio of 0.64.
Is FTV stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 sell side analysts who give forecasts on FTV, the consensus analyst rating on Fortive is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent FTV Analyst Recommendations
Andrew Obin, a top 14% analyst from Bank of America downgrades FTV to a hold rating and announces their FTV price target of $70.00, on Oct 26, 2023.
Julian Mitchell, a top 1% analyst from Barclays maintains FTV with a strong buy rating and lowers their FTV price target from $83.00 to $76.00, on Oct 26, 2023.
Shannon O'Callaghan, a bottom 11% analyst from UBS maintains FTV with a strong buy rating and raises their FTV price target from $80.00 to $90.00, on Oct 10, 2023.
You can dig deeper into what analysts are forecasting on the Fortive stock forecast page.
Metrics for Advanced FTV Traders
SMA10
85.5
SMA20
85.31
SMA50
82.51
SMA100
76.12
SMA200
75.32
MACD
0.78
MACD Signal
1.01
MACD Histogram
-0.23
RSI
59.66
Stochastic %K
54.62
Stochastic %D
41.48
StochRSI %K
40.7
StochRSI %D
23.64
FTV Revenue
Last year, FTV earnings were $865.80M. During the last 5 year, FTV's earnings have grown by -21.65% per year. This was slower than the Scientific & Technical Instruments industry average of 7.28%.
Last year, FTV revenue was $6.07B. During the last five year, FTV's revenue has increased by 9.8% per year. This was faster than the Scientific & Technical Instruments industry average of 9.3%.
Fortive pays a dividend of 0.35%, compared to the Scientific & Technical Instruments industry's average dividend yield of 0.73%. If you owned $1,000 worth of FTV stock, you would have been paid $3.49 last year.
Fortive dividend payments have consistently grown over the past 8 years and have remained stable.
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Step 5: Place your FTV purchase
There are two primary types of orders:
Market order: A market order is an order to buy or sell a security at the best price on the market. Market orders are generally the best for newer investors.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a particular price, use a limit order.
Press the Open button and your broker will place the order.
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As of Mar 28, 2024, it costs $86.02 to buy one share of Fortive stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.116 shares of FTV.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.