Shares of Fortive have moved 0.5% today, and are now trading at a price of $71.03. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 267,110 compared to the stock's average volume of 2,020,385.
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 $24,960,600,064. Fortive currently offers its equity investors a dividend that yields 0.4% per year.
The company is now trading -8.6% away from its average analyst target price of $77.71 per share. The 17 analysts following the stock have set target prices ranging from $66.0 to $90.0, and on average give Fortive a rating of buy.
Over the last 52 weeks, FTV stock has risen 4.3%, which amounts to a -10.7% difference compared to the S&P 500. The stock's 52 week high is $79.9 whereas its 52 week low is $62.7 per share. With its net margins declining an average -24.9% over the last 6 years, Fortive may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 6,011,500 | 827,800 | 14 | 7.69 |
| 2022 | 5,825,700 | 755,200 | 13 | 8.33 |
| 2021 | 5,254,700 | 614,200 | 12 | -65.71 |
| 2020 | 4,634,400 | 1,613,300 | 35 | 118.75 |
| 2019 | 4,563,900 | 738,900 | 16 | -79.22 |
| 2018 | 3,800,400 | 2,913,800 | 77 |
