Fortive Corp (FTV) concluded trading on Wednesday at a closing price of $75.75, with 3.31 million shares of worth about $250.69 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.71% during that period and on November 20, 2024 the price saw a gain of about 1.68%. Currently the company’s common shares owned by public are about 350.70M shares, out of which, 345.55M shares are available for trading.
Stock saw a price change of -0.58% in past 5 days and over the past one month there was a price change of -0.15%. Year-to-date (YTD), FTV shares are showing a performance of 2.88% which increased to 11.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $66.15 but also hit the highest price of $87.10 during that period. The average intraday trading volume for Fortive Corp shares is 2.55 million. The stock is currently trading 2.13% above its 20-day simple moving average (SMA20), while that difference is up 0.08% for SMA50 and it goes to -1.46% lower than SMA200.
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
Fortive Corp (NYSE: FTV) currently have 350.70M outstanding shares and institutions hold larger chunk of about 95.30% of that.
The stock has a current market capitalization of $26.28B and its 3Y-monthly beta is at 1.13. PE ratio of stock for trailing 12 months is 30.18, while it has posted earnings per share of $2.51 in the same period. Its PEG reads 2.81 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FTV, volatility over the week remained 1.31% while standing at 1.70% over the month.
Stock’s fiscal year EPS is expected to rise by 12.15% while it is estimated to increase by 8.13% in next year. EPS is likely to grow at an annualized rate of 10.74% for next 5-years, compared to annual growth of -21.58% made by the stock over the past 5-years.
Coverage by UBS stated Fortive Corp (FTV) stock as a Neutral in their note to investors on November 13, 2024, suggesting a price target of $84 for the stock. On October 10, 2024, JP Morgan Upgrade their recommendations, while on September 06, 2024, Mizuho Upgrade their ratings for the stock with a price target of $90. Stock get an Overweight rating from Morgan Stanley on September 06, 2024.
