Fortive Corp (FTV) concluded trading on Thursday at a closing price of $71.82, with 3.18 million shares of worth about $228.18 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.40% during that period and on March 13, 2025 the price saw a loss of about -2.79%. Currently the company’s common shares owned by public are about 341.20M shares, out of which, 338.72M shares are available for trading.
Stock saw a price change of -6.97% in past 5 days and over the past one month there was a price change of -10.43%. Year-to-date (YTD), FTV shares are showing a performance of -4.24% which decreased to -15.38% 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 2.65 million. The stock is currently trading -8.54% below its 20-day simple moving average (SMA20), while that difference is down -8.63% for SMA50 and it goes to -4.81% lower than SMA200.
Fortive Corp (NYSE: FTV) currently have 341.20M outstanding shares and institutions hold larger chunk of about 98.33% of that.
The stock has a current market capitalization of $24.44B and its 3Y-monthly beta is at 1.12. PE ratio of stock for trailing 12 months is 30.41, while it has posted earnings per share of $2.36 in the same period. Its PEG reads 4.00 and has Quick Ratio of 0.89 while making debt-to-equity ratio of 0.38. 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 2.18% while standing at 2.01% over the month.
Stock’s fiscal year EPS is expected to rise by 4.55% while it is estimated to increase by 8.78% in next year. EPS is likely to grow at an annualized rate of 7.61% for next 5-years, compared to annual growth of 3.68% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on December 09, 2024 offering a Neutral rating for the stock and assigned a target price range of between $92 and $86 to it. On November 13, 2024, UBS Initiated their recommendations, while on October 10, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $92. Stock get an Outperform rating from Mizuho on September 06, 2024.
