How to Buy Fortive Stock
Fortive Corp
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 $65.94, up 0.78% from the previous day, and has increased 7.43% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.24 percentage points. Fortive stock is currently +25.67% from its 52-week low of $52.47, and -5.51% from its 52-week high of $69.78.
At the moment, there are 353.2M FTV shares outstanding. The market value of FTV is $23.29B. In the past 24 hours, 1.84M 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.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal data to open your new trading account.
- Submit your details by hitting the "Create Account" button.
Step 3: Deposit money your investment account
Now that you've finished signing up on one of the best stock trading apps, you need to deposit funds:
Check out this video walkthrough for more details depositing funds into your brokerage account.
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
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 overvalued based on its P/E ratio of 31.1x, relative to Scientific & Technical Instruments industry P/E ratio of 15.59x
- FTV may be undervalued based on its P/B ratio of 2.41x, relative to Scientific & Technical Instruments industry P/B ratio of 2.8x
- FTV may be undervalued based on its PEG ratio of 0.65x
You can access more valuation research on FTV's stock here.
Is FTV a healthy company?
Signs that FTV is financially healthy:
- FTV earnings of $971.80M is not enough to cover its interest payments.
- FTV profit margin has gone up from 10.9% to 13% in the past year.
- Total FTV debt is lower than 5 years ago, relative to shareholder equity.
- FTV's operating cash flow of $1.30B allows it to safely service it's debt of $3.25B.
Signs that FTV is not financially healthy:
- FTV has a relatively high debt to equity ratio of 0.64.
- There are more long-term liabilities than short-term assets on the FTV balance sheet.
- There are more short-term liabilities than short-term assets on the FTV balance sheet.
Is FTV stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 11 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
Joe O'Dea, a top 33% analyst from Wells Fargo maintains FTV with a hold rating and raises their FTV price target from $69.00 to $70.00, on Feb 2, 2023.
Stephen Tusa, a top 14% analyst from JP Morgan maintains FTV with a strong buy rating and raises their FTV price target from $74.00 to $77.00, on Feb 2, 2023.
Andy Kaplowitz, a top 2% analyst from Citigroup maintains FTV with a strong buy rating and raises their FTV price target from $77.00 to $78.00, on Feb 2, 2023.
Brett Linzey, a top 34% analyst from Mizuho maintains FTV with a hold rating and raises their FTV price target from $60.00 to $63.00, on Jan 13, 2023.
Joseph O'Dea, a bottom 11% analyst from Wells Fargo maintains FTV with a hold rating and raises their FTV price target from $63.00 to $64.00, on Oct 27, 2022.
You can dig deeper into what analysts are forecasting on the Fortive stock forecast page.
Metrics for Advanced FTV Traders
FTV Revenue
Last year, FTV earnings were $755.20M. During the last 5 year, FTV's earnings have grown by -6.77% per year. This was slower than the Scientific & Technical Instruments industry average of 18.94%.
Last year, FTV revenue was $5.83B. During the last five year, FTV's revenue has increased by 0.24% per year. This was slower than the Scientific & Technical Instruments industry average of 9.35%.
You can research FTV's earnings and revenue performance here.
Latest Insiders Trades at FTV
Over the last year, insiders at FTV have sold more shares than they have bought.
Christopher M. Mulhall, VP - Chief Accounting Officer of FTV, was the latest FTV insider to sell. They sold $5,666.10 worth of FTV shares on Feb 28, 2023.
Research more about who owns FTV stock here.
Can I rely on FTV as an income stream?
Fortive pays a dividend of 0.42%, compared to the Scientific & Technical Instruments industry's average dividend yield of 1.54%. If you owned $1,000 worth of FTV stock, you would have been paid $4.25 last year.
Fortive dividend payments have not consistently grown over the past 7 years but have remained stable.
Get more info about Fortive dividend yield and history here.
FTV Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
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.
If you need additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your FTV position
Now that you own some FTV stock, you'll want to keep up with your shares.
Start a watchlist to get notified of important updates regarding your FTV stock.
FTV Feed
How to Buy Stock in Fortive
To reiterate, here are the 6 steps to buy Fortive stock:
- Choose where to buy Fortive stock
- Open your brokerage account
- Deposit money your investment account
- Analyze Fortive stock
- Place your FTV purchase
- Get key alerts regarding your FTV position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in Fortive, add FTV to your watchlist by clicking the button below.
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