Financial Fitness Check: Examining Fortive Corp (FTV)’s Key Ratios

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Fortive Corp (NYSE: FTV) closed at $72.97 down -0.46% from its previous closing price of $73.31. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 1.42 million shares were traded. FTV stock price reached its highest trading level at $73.57 during the session, while it also had its lowest trading level at $72.6.

Ratios:

For a deeper understanding of Fortive Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on April 17, 2024, Downgraded its rating to Neutral and sets its target price to $90 from $95 previously.

On March 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $99.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 29 ’24 when Walker Stacey A. sold 842 shares for $85.11 per share. The transaction valued at 71,663 led to the insider holds 35,716 shares of the business.

McLaughlin Charles E sold 40,837 shares of FTV for $3,523,416 on Feb 28 ’24. The SVP – Chief Financial Officer now owns 61,855 shares after completing the transaction at $86.28 per share. On Feb 28 ’24, another insider, Walker Stacey A., who serves as the SVP – Human Resources of the company, sold 9,106 shares for $86.50 each. As a result, the insider received 787,669 and left with 36,558 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 25807226880 and an Enterprise Value of 28931031040. As of this moment, Fortive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.83, and their Forward P/E ratio for the next fiscal year is 17.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 4.72 whereas that against EBITDA is 17.966.

Stock Price History:

The Beta on a monthly basis for FTV is 1.12, which has changed by 0.027312398 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, FTV has reached a high of $87.10, while it has fallen to a 52-week low of $63.05. The 50-Day Moving Average of the stock is -4.80%, while the 200-Day Moving Average is calculated to be -3.86%.

Shares Statistics:

For the past three months, FTV has traded an average of 1.61M shares per day and 1221380 over the past ten days. A total of 352.03M shares are outstanding, with a floating share count of 350.73M. Insiders hold about 0.37% of the company’s shares, while institutions hold 95.35% stake in the company. Shares short for FTV as of 1715731200 were 2290631 with a Short Ratio of 1.46, compared to 1713139200 on 3229315. Therefore, it implies a Short% of Shares Outstanding of 2290631 and a Short% of Float of 0.73.

Dividends & Splits

According to the company, the forward annual dividend rate for FTV is 0.31, from 0.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0040922114The stock’s 5-year Average Dividend Yield is 0.41. The current Payout Ratio is 11.91% for FTV, which recently paid a dividend on 2024-05-31 with an ex-dividend date of 1717113600. Stock splits for the company last occurred on 2020-10-09 when the company split stock in a 1195:1000 ratio.

Most Popular