Fortive (NYSE:FTV) Updates FY 2025 Earnings Guidance

Fortive (NYSE:FTV) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.000-4.120 for the period, compared to the consensus estimate of 4.130. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.5 billion. Fortive also updated its Q1 2025 guidance to 0.830-0.860 EPS.

Analyst Ratings Changes

Several research firms have weighed in on FTV. Wells Fargo & Company raised their price objective on shares of Fortive from $77.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 7th. Truist Financial raised their price target on shares of Fortive from $89.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, December 19th. StockNews.com raised Fortive from a “hold” rating to a “buy” rating in a report on Saturday, January 25th. Barclays lowered their target price on Fortive from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada decreased their price target on Fortive from $85.00 to $77.00 and set a “sector perform” rating on the stock in a report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Fortive presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.45.

Fortive Stock Up 0.3 %

FTV stock opened at $79.76 on Friday. The company has a market cap of $27.67 billion, a price-to-earnings ratio of 31.78, a P/E/G ratio of 2.18 and a beta of 1.15. Fortive has a twelve month low of $66.15 and a twelve month high of $87.10. The business has a 50 day moving average price of $77.65 and a two-hundred day moving average price of $75.32. The company has a quick ratio of 0.99, a current ratio of 1.25 and a debt-to-equity ratio of 0.33.

Fortive (NYSE:FTV) last released its earnings results on Friday, February 7th. The technology company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.05. Fortive had a net margin of 14.35% and a return on equity of 12.56%. During the same period in the previous year, the firm earned $0.98 earnings per share. Analysts anticipate that Fortive will post 3.84 EPS for the current fiscal year.

Fortive Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date of this dividend is Friday, February 28th. Fortive’s payout ratio is currently 12.75%.

Insiders Place Their Bets

In other news, SVP Peter C. Underwood sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $76.58, for a total transaction of $382,900.00. Following the completion of the sale, the senior vice president now owns 48,346 shares in the company, valued at approximately $3,702,336.68. This trade represents a 9.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.01% of the company’s stock.

Fortive Company Profile

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.