How to buy Fortive (FTV) stocks

Fortive is a scientific & technical instruments business based in the US. Fortive shares (FTV) are listed on the NYSE and all prices are listed in US Dollars.

Its last market close was $74.45 – a decrease of 3.14% over the previous week. Fortive employs 18,000 staff and has a trailing 12-month revenue of around $6.2 billion.

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Fortive stock price (NYSE: FTV)

Use our graph to track the performance of FTV stocks over time.

Fortive stocks at a glance

• Key figures

Information last updated 2024-12-19.

Latest market close	$74.45
52-week range	$66.01 - $86.82
50-day moving average more info button	$76.33
200-day moving average more info button	$76.32
Wall St. target price	$87.68
PE ratio more info button	29.464
Dividend yield more info button	$0.32 (0.43%)
Earnings per share (TTM) more info button	$2.50

Is it a good time to buy Fortive stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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Fortive price performance over time

Historical closes compared with the close of $73.24 from 2024-12-19

1 week (2024-12-13)	-4.71%
1 month (2024-11-21)	-4.82%
3 months (2024-09-20)	-4.06%
6 months (2024-06-21)	-0.49%

1 year (2023-12-21)	0.91%
2 years (2022-12-21)	13.50%
3 years (2021-12-21)	2.20%
5 years (2019-12-20)	17.97%

Is Fortive stock undervalued or overvalued?

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 P/E ratio

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 29x. In other words, Fortive shares trade at around 29x 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 stock or simply that they're over-valued.

Fortive's PEG ratio

Fortive's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.2089. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.

Fortive's EBITDA

Fortive's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.7 billion.

The EBITDA is a measure of a Fortive's overall financial performance and is widely used to measure a its profitability.

Fortive financials

Revenue TTM	$6.2 billion
Operating margin TTM	19.38%
Gross profit TTM	$3.4 billion
Return on assets TTM	4.43%
Return on equity TTM	8.62%
Profit margin	14.36%
Book value	$30.43
Market Capitalization more info button	$25.6 billion

TTM: trailing 12 months

Fortive stock dividends

Dividend payout ratio: 8.63% of net profits

Recently Fortive has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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% return on their shares, in the form of dividend payments. In Fortive's case, that would currently equate to about $0.32 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 26 December 2024. The latest dividend was paid out to all shareholders who bought their stocks by 28 November 2024 (the "ex-dividend date").

Have Fortive's stocks ever split?

Fortive's stocks were split on a 1195:1000 basis on 8 October 2020 . So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1195 shares. This wouldn't directly have changed the overall worth of your Fortive stocks – just the quantity. However, indirectly, the new 16.3% lower stock price could have impacted the market appetite for Fortive stocks, which in turn could have impacted Fortive's stock price.

Fortive stock price volatility

Over the last 12 months, Fortive's stocks have ranged in value from as little as $66.0113 up to $86.8229. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Fortive's is 1.174. This would suggest that Fortive's stocks 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 overview

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

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Frequently asked questions

What percentage of Fortive is owned by insiders or institutions?
Currently 0.312% of Fortive stocks are held by insiders and 95.893% by institutions. How many people work for Fortive?
Latest data suggests 18,000 work at Fortive. When does the fiscal year end for Fortive?
Fortive's fiscal year ends in December. Where is Fortive based?
Fortive's address is: 6920 Seaway Boulevard, Everett, WA, United States, 98203 What is Fortive's ISIN number?
Fortive's international securities identification number is: US34959J1088 What is Fortive's CUSIP number?
Fortive's Committee on Uniform Securities Identification Procedures number is: 34959J108

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