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After finishing at $69.69 in the prior trading day, Fortive Corp (NYSE: FTV) closed at $66.78, down -4.18%. In other words, the price has decreased by -$4.18 from its previous closing price. On the day, 10.81 million shares were traded. FTV stock price reached its highest trading level at $67.16 during the session, while it also had its lowest trading level at $64.99.
Ratios:
Our goal is to gain a better understanding of FTV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.34.
On December 09, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $92 to $86.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 28 ’25 when Walker Stacey A. sold 3,002 shares for $79.05 per share. The transaction valued at 237,308 led to the insider holds 42,373 shares of the business.
McLaughlin Charles E sold 32,085 shares of FTV for $2,530,223 on Feb 28 ’25. The SVP – Chief Financial Officer now owns 76,126 shares after completing the transaction at $78.86 per share. On Feb 26 ’25, another insider, Mulhall Christopher M., who serves as the VP – Chief Accounting Officer of the company, sold 6,493 shares for $79.95 each. As a result, the insider received 519,115 and left with 24,283 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTV now has a Market Capitalization of 22696919040 and an Enterprise Value of 26785419264. As of this moment, Fortive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.28, and their Forward P/E ratio for the next fiscal year is 15.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.64 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 4.298 whereas that against EBITDA is 15.879.
Stock Price History:
The Beta on a monthly basis for FTV is 1.11, which has changed by -0.12223977 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, FTV has reached a high of $83.32, while it has fallen to a 52-week low of $60.38. The 50-Day Moving Average of the stock is -7.59%, while the 200-Day Moving Average is calculated to be -10.73%.
Shares Statistics:
The stock has traded on average 2.84M shares per day over the past 3-months and 2921380 shares per day over the last 10 days, according to various share statistics. A total of 341.20M shares are outstanding, with a floating share count of 338.25M. Insiders hold about 0.48% of the company’s shares, while institutions hold 97.30% stake in the company. Shares short for FTV as of 1744675200 were 6640407 with a Short Ratio of 2.34, compared to 1741910400 on 7173088. Therefore, it implies a Short% of Shares Outstanding of 6640407 and a Short% of Float of 2.5799999000000002.
Dividends & Splits
In the trailing 12 months, FTV’s forward annual dividend rate was 0.0, compared to 0.32 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.41. The current Payout Ratio is 13.55% for FTV, which recently paid a dividend on 2025-02-28 with an ex-dividend date of 1748563200. Stock splits for the company last occurred on 2020-10-09 when the company split stock in a 1195:1000 ratio.
