Fortive (NYSE:FTV) Issues Q1 2025 Earnings Guidance

Fortive (NYSE:FTV) updated its first quarter 2025 earnings guidance on Friday. The company provided EPS guidance of 0.830-0.860 for the period, compared to the consensus EPS estimate of 0.920. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.6 billion. Fortive also updated its FY 2025 guidance to 4.000-4.120 EPS.

Analyst Ratings Changes

A number of analysts have weighed in on FTV shares. Citigroup lowered shares of Fortive from a “buy” rating to a “neutral” rating and cut their target price for the company from $92.00 to $86.00 in a research report on Monday, December 9th. Wells Fargo & Company increased their target price on Fortive from $77.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 7th. Barclays lowered their price objective on Fortive from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Truist Financial upped their price target 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, UBS Group began coverage on Fortive in a research report on Wednesday, November 13th. They set a “neutral” rating and a $84.00 target price for the company. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $86.45.

Fortive Stock Down 0.9 %

Shares of Fortive stock traded down $0.72 during trading on Friday, reaching $79.12. 4,255,483 shares of the company traded hands, compared to its average volume of 2,358,520. The firm has a market capitalization of $27.45 billion, a PE ratio of 31.52, a P/E/G ratio of 2.18 and a beta of 1.15. The company has a 50 day moving average price of $77.66 and a 200-day moving average price of $75.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.25 and a quick ratio of 0.99. Fortive has a 1-year low of $66.15 and a 1-year high of $87.10.

Fortive (NYSE:FTV) last posted its quarterly earnings results on Friday, February 7th. The technology company reported $1.17 earnings per share (EPS) for the quarter, beating 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 in the prior year, the company posted $0.98 earnings per share. As a group, equities research analysts expect that Fortive will post 3.84 earnings per share for the current fiscal year.

Fortive Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be given 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 of this dividend is Friday, February 28th. Fortive’s payout ratio is currently 12.75%.

Insider Transactions at Fortive

In other news, SVP Peter C. Underwood sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $76.58, for a total value of $382,900.00. Following the sale, the senior vice president now owns 48,346 shares of the company’s stock, valued at $3,702,336.68. The trade was a 9.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company 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.