What Fortive (FTV) Investors Need to Know Today

Shares of Industrials sector company Fortive moved -1.8% today, and are now trading at a price of $71.72. The large-cap stock's daily volume was 1,199,440 compared to its average volume of 2,068,044. The S&P 500 index returned a -0.0% performance.

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. The company is based in Everett and has 18,000 full time employees. Its market capitalization is $25,204,846,592. Fortive currently offers its equity investors a dividend that yields 0.4% per year.

17 analysts are following Fortive and have set target prices ranging from $66.0 to $90.0 per share. On average, they have given the company a rating of buy. At today's prices, FTV is trading -8.19% away from its average analyst target price of $78.12 per share.

Over the last year, FTV's share price has increased by 14.5%, which represents a difference of -8.1% when compared to the S&P 500. The stock's 52 week high is $79.9 per share whereas its 52 week low is $62.7.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 1,371,000 109,800 1,261,200 4.46
2022 1,303,200 95,800 1,207,400 28.05
2021 992,900 50,000 942,900 -30.72
2020 1,436,700 75,700 1,361,000 13.71
2019 1,271,400 74,500 1,196,900 -6.09
2018 1,344,400 69,900 1,274,500
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.