During the afternoon session, Fortive moved -2.7%, compared to 0.7% for the S&P 500.
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Based in Everett, United States the company has 18,000 full time employees and a market cap of $23,415,013,548. Fortive currently offers its equity investors a dividend that yields 0.4% per year.
The company is now trading -9.37% away from its average analyst target price of $73.02 per share. The 17 analysts following the stock have set target prices ranging from $63 to $87, and on average give Fortive a rating of buy.
Over the last year, FTV shares have gone down by -5.0%, which represents a difference of 7.4% when compared to the S&P 500. The stock's 52 week high is $71.78 per share and its 52 week low is $52.47. Fortive's dwindling revenues call into question the strength of its business.
|Date Reported||Revenue ($ MM)||Cost of Revenue ($ MM)||Gross Margins (%)||YoY Growth (%)|