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FTV logo FTV
Upturn stock ratingUpturn stock rating
FTV logo

Fortive Corp (FTV)

Upturn stock ratingUpturn stock rating
$73.5
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: FTV (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -26.71%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 24.90B USD
Price to earnings Ratio 31.01
1Y Target Price 89.72
Price to earnings Ratio 31.01
1Y Target Price 89.72
Volume (30-day avg) 2630982
Beta 1.21
52 Weeks Range 65.94 - 85.43
Updated Date 04/1/2025
52 Weeks Range 65.94 - 85.43
Updated Date 04/1/2025
Dividends yield (FY) 0.44%
Basic EPS (TTM) 2.36

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 13.37%
Operating Margin (TTM) 17.11%

Management Effectiveness

Return on Assets (TTM) 4.21%
Return on Equity (TTM) 8.12%

Valuation

Trailing PE 31.01
Forward PE 17.99
Enterprise Value 27966031786
Price to Sales(TTM) 4
Enterprise Value 27966031786
Price to Sales(TTM) 4
Enterprise Value to Revenue 4.49
Enterprise Value to EBITDA 16.78
Shares Outstanding 340289984
Shares Floating 338442356
Shares Outstanding 340289984
Shares Floating 338442356
Percent Insiders 0.38
Percent Institutions 99.01

Analyst Ratings

Rating 3.9
Target Price 87.85
Buy 7
Strong Buy 6
Buy 7
Strong Buy 6
Hold 8
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Fortive Corp

stock logo

Company Overview

History and Background

Fortive Corp. was established in 2016 as a spin-off from Danaher Corporation. It's headquarters are located in Everett, Washington. It focuses on professional instrumentation, industrial technologies, and connected workflow solutions.

Core Business Areas

  • Intelligent Operating Solutions: Provides software and hardware solutions to optimize workflows, increase uptime, and improve safety across multiple industries including energy, process industries, and automation. Their offerings include condition monitoring, asset performance management, and workflow optimization software.
  • Precision Technologies: Offers precision measurement and sensing technologies for various applications. This segment includes businesses focused on sensing technologies, test and measurement, and specialized instrumentation. They design, manufacture and market precision measurement and sensing instruments. Applications include medical devices, automotive, aerospace, and general industrial markets.
  • Advanced Healthcare Solutions: Advanced Healthcare Solutions deliver essential technologies and services that span the continuum of care to enhance productivity, improve patient outcomes and optimize workflows.

Leadership and Structure

Fortive is led by CEO James A. Lico. The company operates under a decentralized structure with various operating companies reporting to the corporate headquarters.

Top Products and Market Share

Key Offerings

  • Fluke Test and Measurement Tools: Fluke offers a wide range of electronic test tools and software. These tools are used by technicians and engineers in various industries for installation, maintenance, and service of electronic equipment. Fluke holds a significant market share in the test and measurement industry. Competitors include Keysight Technologies, Rohde & Schwarz, and Teledyne Technologies.
  • Gilbarco Veeder-Root Fuel Dispensing and Forecourt Solutions: Gilbarco Veeder-Root (GVR) provides fuel dispensing and forecourt technology solutions for convenience stores and gas stations. GVR is a major player in the fuel dispensing market. Competitors include Dover Fueling Solutions and Tatsuno Corporation.
  • Intelex EHSQ Software: Intelex provides cloud-based Environmental Health, Safety and Quality (EHSQ) software. The company provides cloud-based Environmental Health and Safety, and Quality (EHSQ) management software which streamlines safety, quality, risk and sustainability processes. Intelex is a leading player in the EHSQ market. Key competitors include Sphera Solutions, VelocityEHS, and Cority.

Market Dynamics

Industry Overview

Fortive operates in the professional instrumentation, industrial technology, and healthcare markets. These markets are characterized by continuous technological advancements, increasing regulatory requirements, and a growing demand for efficiency and productivity improvements.

Positioning

Fortive is positioned as a provider of premium solutions that help customers improve their operations, reduce costs, and enhance safety. The company differentiates itself through its focus on innovation, quality, and customer service.

Total Addressable Market (TAM)

The TAM for Fortive's markets is estimated to be in the hundreds of billions of dollars. Fortive is positioned to capture a substantial portion of this TAM through its diverse portfolio of products and services.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Diversified product portfolio
  • High recurring revenue
  • Effective capital allocation
  • Experienced management team

Weaknesses

  • Exposure to cyclical industries
  • Integration risks from acquisitions
  • Dependence on key suppliers
  • Customer concentration in specific segments

Opportunities

  • Expanding into new geographic markets
  • Acquiring complementary businesses
  • Developing innovative products and services
  • Leveraging digital technologies to improve efficiency

Threats

  • Economic downturns
  • Increased competition
  • Disruptive technologies
  • Changes in regulatory requirements

Competitors and Market Share

Key Competitors

  • DHR
  • KEYS
  • ROHDE & SCHWARZ

Competitive Landscape

Fortive competes with a wide range of companies in its various business segments. Its competitive advantages include its strong brand reputation, diversified product portfolio, and focus on innovation.

Major Acquisitions

Provista

  • Year: 2023
  • Acquisition Price (USD millions): 730
  • Strategic Rationale: The acquisition of Provista expands Fortive's portfolio of healthcare solutions and strengthens its position in the advanced healthcare solutions market.

Growth Trajectory and Initiatives

Historical Growth: Fortive has grown through organic growth and acquisitions. Analysis requires live data, please specify years for a proper analysis to be returned.

Future Projections: Analysts project continued growth for Fortive based on its market position and strategic initiatives. Future projections require live data. Data for projection unavailable.

Recent Initiatives: Recent initiatives include acquisitions of companies in complementary markets and investments in digital technologies.

Summary

Fortive is a diversified industrial technology company with a strong market position in its key business segments. The company has a track record of growth through organic initiatives and acquisitions. The continued success of Fortive depends on its ability to innovate, integrate acquisitions, and manage its exposure to cyclical industries. Fortive must also watch out for competition and regulatory changes in the different markets that it participates in.

Similar Companies

  • DHR
  • KEYS
  • HON
  • MMM

Sources and Disclaimers

Data Sources:

  • Company filings, Analyst reports, Industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. The information provided is based on publicly available data and analyst estimates, which are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Fortive Corp

Exchange NYSE
Headquaters Everett, WA, United States
IPO Launch date 2016-07-01
President, CEO & Director Mr. James A. Lico
Sector Technology
Industry Scientific & Technical Instruments
Full time employees 18000
Full time employees 18000

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. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brand names. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brand names. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

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