Fortive (NYSE:FTV) Issues FY 2025 Earnings Guidance

Fortive (NYSE:FTV) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 4.000-4.120 for the period, compared to the consensus EPS 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.

Fortive Stock Down 0.9 %

Shares of NYSE:FTV opened at $79.12 on Friday. Fortive has a 1 year low of $66.15 and a 1 year high of $87.10. The stock has a 50-day simple moving average of $77.65 and a 200-day simple moving average of $75.37. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.99 and a current ratio of 1.25. The stock has a market capitalization of $27.45 billion, a P/E ratio of 31.52, a PEG ratio of 2.14 and a beta of 1.15.

Fortive (NYSE:FTV) last released its quarterly earnings data on Friday, February 7th. The technology company reported $1.17 earnings per share (EPS) for the quarter, topping 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 last year, the company earned $0.98 earnings per share. Equities analysts forecast that Fortive will post 3.84 earnings per share for the current year.

Fortive Announces Dividend

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

Analysts Set New Price Targets

FTV has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their target price on Fortive from $92.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company boosted their target price on shares of Fortive from $77.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 7th. Argus reaffirmed a “hold” rating on shares of Fortive in a report on Monday, November 18th. Truist Financial upped their price objective on shares of Fortive from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Finally, Royal Bank of Canada dropped their target price on Fortive from $85.00 to $77.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Fortive presently has an average rating of “Moderate Buy” and an average price target of $86.45.

Insider Activity at Fortive

In other Fortive news, SVP Peter C. Underwood sold 5,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $76.58, for a total value of $382,900.00. Following the sale, the senior vice president now directly owns 48,346 shares of the company’s stock, valued at $3,702,336.68. This trade represents a 9.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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.