Fortive Corp (NYSE: FTV) started the day on Wednesday, with a price decrease of -3.36% at $72.09, before settling in for the price of $74.60 at the close. Taking a more long-term approach, FTV posted a 52-week range of $64.28-$87.10.
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It was noted that the giant of the Technology sector posted annual sales growth of 0.13% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -21.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.62%. This publicly-traded company’s shares outstanding now amounts to $350.70 million, simultaneously with a float of $348.95 million. The organization now has a market capitalization sitting at $25.26 billion. At the time of writing, stock’s 50-day Moving Average stood at $75.29, while the 200-day Moving Average is $77.02.
Fortive Corp (FTV) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Scientific & Technical Instruments Industry. Fortive Corp’s current insider ownership accounts for 0.40%, in contrast to 96.75% institutional ownership. According to the most recent insider trade that took place on Sep 13 ’24, this organization’s SVP – Chief Financial Officer sold 6,864 shares at the rate of 74.03, making the entire transaction reach 508,142 in total value, affecting insider ownership by 73,391. Preceding that transaction, on Sep 13 ’24, Company’s SVP – Corporate Development sold 14,223 for 73.80, making the whole transaction’s value amount to 1,049,657. This particular insider is now the holder of 68,161 in total.
Fortive Corp (FTV) Earnings and Revenue Records
Fortive Corp’s EPS increase for this current 12-month fiscal period is 11.62% and is forecasted to reach 4.18 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.98% through the next 5 years, which can be compared against the -21.58% growth it accomplished over the previous five years trading on the market.
Fortive Corp (NYSE: FTV) Trading Performance Indicators
Let’s observe the current performance indicators for Fortive Corp (FTV). It’s Quick Ratio in the last reported quarter now stands at 0.93. The Stock has managed to achieve an average true range (ATR) of 1.31. Alongside those numbers, its PE Ratio stands at $28.92, and its Beta score is 1.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.10. Similarly, its price to free cash flow for trailing twelve months is now 19.34.
In the same vein, FTV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.49, a figure that is expected to reach 1.13 in the next quarter, and analysts are predicting that it will be 4.18 at the market close of one year from today.
Technical Analysis of Fortive Corp (FTV)
If we take a close look at the recent performances of Fortive Corp (NYSE: FTV), its last 5-days Average volume was 3.02 million that shows progress from its year to date volume of 1.9 million. During the previous 9 days, stock’s Stochastic %D was recorded 13.01% While, its Average True Range was 1.31.
Raw Stochastic average of Fortive Corp (FTV) in the period of the previous 100 days is set at 43.26%, which indicates a major rise in contrast to 2.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.72% that was lower than 24.71% volatility it exhibited in the past 100-days period.
