Fundamentals for Fortive Corporation
FTV's current ratio of 1.241, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as FTV has enoug...
Business Operations:
Sector: TechnologyIndustry: Scientific & Technical Instruments
Fortive Corporation designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally. It operates through Intelligent Operating Solutions and Advanced Healthcare Solutions segments. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including maintenance, repair, measurement and condition monitoring, 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. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, and SERVICECHANNEL brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, FLUKE BIOMEDICAL, LANDAUER, and PROVATION brand names. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
Revenue projections:
Financial Ratios:
| currentRatio | 1.241000 |
|---|---|
| forwardPE | 17.679813 |
| debtToEquity | 59.283000 |
| earningsGrowth | 0.040000 |
| revenueGrowth | 0.079000 |
| grossMargins | 0.632300 |
| operatingMargins | 0.191370 |
| trailingEps | 1.890000 |
| forwardEps | 3.250600 |
FTV's current ratio of 1.241, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as FTV has enough cash and current assets to handle its immediate liabilities comfortably.
FTV's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
Fortive Corporation's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
Insider Transactions:
FTV had 5 sell transactions, while the market price was at 56.36600112915039 per share.FTV saw 5 buy transactions, with market price of 55.15800018310547.Increased sells at FTV's current price levels point to a possible decline. If this trend of selling continues, it may signal that the stock's price will face further downward pressure, reflecting investor concerns.
Recommendation changes over time:
FTV has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see FTV as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.