Fortive (NYSE:FTV) Issues FY 2025 Earnings Guidance

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on FTV. Argus reaffirmed a “hold” rating on shares of Fortive in a research report on Monday, November 18th. Royal Bank of Canada cut their price target on shares of Fortive from $85.00 to $77.00 and set a “sector perform” rating on the stock in a report on Thursday, October 31st. StockNews.com upgraded shares of Fortive from a “hold” rating to a “buy” rating in a report on Saturday, January 25th. JPMorgan Chase & Co. cut 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. Finally, UBS Group started coverage on Fortive in a research note on Wednesday, November 13th. They set a “neutral” rating and a $84.00 price target for the company. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Fortive currently has an average rating of “Moderate Buy” and an average target price of $86.45.

Fortive Stock Performance

NYSE:FTV opened at $79.76 on Friday. 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 firm’s 50-day moving average is $77.65 and its 200-day moving average is $75.32. Fortive has a 52-week low of $66.15 and a 52-week high of $87.10. The company has a market cap of $27.67 billion, a price-to-earnings ratio of 31.78, a PEG ratio of 2.18 and a beta of 1.15.

Fortive (NYSE:FTV) last posted its quarterly earnings results on Friday, February 7th. The technology company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.12 by $0.05. Fortive had a return on equity of 12.56% and a net margin of 14.35%. During the same period in the previous year, the business posted $0.98 earnings per share. Equities research analysts anticipate that Fortive will post 3.84 earnings per share for the current year.

Fortive Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Friday, February 28th. Fortive’s dividend payout ratio (DPR) is presently 12.75%.

Insider Activity

In other Fortive news, SVP Peter C. Underwood sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $76.58, for a total transaction of $382,900.00. Following the completion of the transaction, the senior vice president now owns 48,346 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at this link. 1.01% of the stock is owned by company insiders.

About Fortive

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.