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Fortive Corp (FTV) is a leading scientific & technical instruments business with stocks listed in the US. It opened the day at US$70.41 after a previous close of US$69.57. During the day the price has varied from a low of USD70.095 to a high of USD71.12. The latest price was USD70.68 (25 minute delay). Fortive is listed on the NYSE. All prices are listed in US Dollars.
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| Open | US$70.41 |
|---|---|
| High | US$71.12 |
| Low | US$70.095 |
| Close | US$70.68 |
| Previous close | US$69.57 |
| Change | US$1.11 |
| Change % | 1.5955% |
| Volume | 1,665,585 |
| 52-week range | US$53.05 - US$79.615 |
|---|---|
| 50-day moving average | US$58.8366 |
| 200-day moving average | US$67.3128 |
| Target price | US$76.72 |
| PE ratio | 30.9231 |
| Dividend yield | US$0.28 (0.5%) |
| Earnings per share (TTM) | US$1.82 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Historical closes compared with the last close of $70.68
| 1 week (2022-06-24) | 25.59% |
|---|---|
| 1 month (2022-06-01) | 15.17% |
| 3 months (2022-03-31) | 16.00% |
| 6 months (2021-12-31) | -7.35% |
| 1 year (2021-07-01) | 0.13% |
|---|---|
| 2 years (2020-07-01) | 25.20% |
| 3 years (2019-07-01) | 2.17% |
| 5 years (2017-06-30) | 33.43% |
Valuing Fortive stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortive's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Fortive's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Fortive shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Fortive's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.518. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fortive's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Fortive's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.3 billion (£1.1 billion).
The EBITDA is a measure of a Fortive's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | US$5.4 billion |
|---|---|
| Operating margin TTM | 16.81% |
| Gross profit TTM | US$3 billion |
| Return on assets TTM | 3.7% |
| Return on equity TTM | 7.19% |
| Profit margin | 12.35% |
| Book value | 26.678 |
| Market capitalisation | US$20.2 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Fortive.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 35.47
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Fortive's overall score of 35.47 (as at 01/01/2019) is pretty weak – landing it in it in the 66th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Fortive is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 15.05/100
Fortive's environmental score of 15.05 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Fortive is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 19.6/100
Fortive's social score of 19.6 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Fortive is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 14.31/100
Fortive's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Fortive is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Fortive scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Fortive has, for the most part, managed to keep its nose clean.
Fortive Corp was last rated for ESG on: 2019-01-01.
| Total ESG score | 35.47 |
|---|---|
| Total ESG percentile | 65.98 |
| Environmental score | 15.05 |
| Environmental score percentile | 8 |
| Social score | 19.6 |
| Social score percentile | 8 |
| Governance score | 14.31 |
| Governance score percentile | 8 |
| Level of controversy | 2 |
Dividend payout ratio: 9.96% of net profits
Recently Fortive has paid out, on average, around 9.96% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Fortive shareholders could enjoy a 0.5% return on their shares, in the form of dividend payments. In Fortive's case, that would currently equate to about $0.28 per share.
While Fortive's payout ratio might seem low, this can signify that Fortive is investing more in its future growth.
Fortive's most recent dividend payout was on 24 June 2022. The latest dividend was paid out to all shareholders who bought their shares by 26 May 2022 (the "ex-dividend date").
Fortive's shares were split on a 1195:1000 basis on 9 October 2020. So if you had owned 1000 shares the day before the split, the next day you would own 1195 shares. This wouldn't directly have changed the overall worth of your Fortive shares – just the quantity. However, indirectly, the new 16.3% lower share price could have impacted the market appetite for Fortive shares which in turn could have impacted Fortive's share price.
Over the last 12 months, Fortive's shares have ranged in value from as little as US$53.05 up to US$79.615. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Fortive's is 1.1502. This would suggest that Fortive's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
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.
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