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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 $72.73, down 0.33% from the previous day, and has increased 4.65% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.04 percentage points. Fortive stock is currently +15.35% from its 52-week low of $63.05, and -16.5% from its 52-week high of $87.10.

At the moment, there are 352.03M FTV shares outstanding. The market value of FTV is $25.60B. In the past 24 hours, 1.72M FTV shares were traded.

How to Buy Fortive Stock

Not sure how to invest in Fortive stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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 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:

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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
$72.73
1w %
-0.03%
1y %
4.65%
5y %
-5.95%
P/E
28.41x
P/B
2.44x
P/S
4.17x
PEG
1.14x
Revenue
$6.13B
Earnings
$899.60M
Fore. Rev. Growth
4.64%
Fore. Earn. Growth
27.72%
Market Cap
$25.60B
Next Earnings
Jul 24, 2024
Next Dividend
Jun 28, 2024

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 28.41x, relative to Scientific & Technical Instruments industry P/E ratio of 13.28x
  • FTV may be undervalued based on its P/B ratio of 2.44x, relative to Scientific & Technical Instruments industry P/B ratio of 3.14x
  • FTV may be overvalued based on its PEG ratio of 1.14x

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 $1.15B is not enough to cover its interest payments.
  • FTV profit margin has gone up from 12.9% to 14.7% in the past year.
  • FTV's operating cash flow of $1.44B allows it to safely service it's debt of $3.94B.
  • 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 0.67.

Is FTV stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 7 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

Jamie Cook, a top 20% analyst from Truist Securities initiates coverage on FTV with a strong buy rating and announces their FTV price target of $99.00, on Mar 14, 2024.

Brett Linzey, a top 8% analyst from Mizuho maintains FTV with a hold rating and raises their FTV price target from $70.00 to $80.00, on Feb 1, 2024.

You can dig deeper into what analysts are forecasting on the Fortive stock forecast page.

Metrics for Advanced FTV Traders

SMA10
73.09
SMA20
74.32
SMA50
77.09
SMA100
80.26
SMA200
75.96
MACD
-1.26
MACD Signal
-1.34
MACD Histogram
0.08
RSI
37.05
Stochastic %K
26.78
Stochastic %D
22.63
StochRSI %K
82.11
StochRSI %D
78.53

FTV Revenue

Last year, FTV earnings were $899.60M. During the last 5 year, FTV's earnings have grown by -20.42% per year. This was slower than the Scientific & Technical Instruments industry average of 7.17%.

Last year, FTV revenue was $6.13B. During the last five year, FTV's revenue has increased by 9.46% per year. This was slower than the Scientific & Technical Instruments industry average of 10.76%.

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.

Eric Branderiz, Director of FTV, was the latest FTV insider to buy. They bought $130,199.40 worth of FTV shares on Jun 3, 2024.

Research more about who owns FTV stock here.

Can I rely on FTV as an income stream?

Fortive pays a dividend of 0.32%, compared to the Scientific & Technical Instruments industry's average dividend yield of 0.66%. If you owned $1,000 worth of FTV stock, you would have been paid $3.16 last year.

Fortive dividend payments have consistently grown over the past 8 years and have remained stable.

Get more info about Fortive dividend yield and history here.

FTV Social Trading Data

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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.

If you need additional info about buying stocks on eToro, click the helpful video below:

Open eToro Account

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:

  1. Choose where to buy Fortive stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Analyze Fortive stock
  5. Place your FTV purchase
  6. Get key alerts regarding your FTV position

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Fortive, add FTV to your watchlist by clicking the button below.

NYSE: FTV
$72.73-0.24 (-0.33%)
Updated Jun 14, 2024
Open eToro Account
NYSE: FTV
$72.73-0.24 (-0.33%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Fortive share?

As of Jun 14, 2024, it costs $72.73 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 0.137 shares of FTV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Fortive stock?

According to 7 Wall Street analysts who monitor Fortive, their consensus recommendation is to buy Fortive stock.

What is the best way to buy Fortive stock?

One way to place an order for Fortive stock is with a brokerage account.
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.