A new trading day began on Tuesday, with Fortive Corp (NYSE: FTV) stock price down -0.15% from the previous day of trading, before settling in for the closing price of $74.61. FTV’s price has ranged from $66.15 to $87.10 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 0.13% over the last five years. Meanwhile, its annual earnings per share averaged 12.15%. With a float of $345.55 million, this company’s outstanding shares have now reached $350.70 million.
The firm has a total of 18000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 55.14%, operating margin of 20.64%, and the pretax margin is 17.49%.
Fortive Corp (FTV) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Scientific & Technical Instruments Industry. The insider ownership of Fortive Corp is 0.40%, while institutional ownership is 95.32%. The most recent insider transaction that took place on Nov 15 ’24, was worth 5,986,880. Before that another transaction happened on Nov 11 ’24, when Company’s SVP – General Counsel sold 5,000 for $76.58, making the entire transaction worth $382,900. This insider now owns 48,346 shares in total.
Fortive Corp (FTV) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 12.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.74% during the next five years compared to -21.58% drop over the previous five years of trading.
Fortive Corp (NYSE: FTV) Trading Performance Indicators
Here are Fortive Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.17. Likewise, its price to free cash flow for the trailing twelve months is 19.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.51, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 4.16 in one year’s time.
Technical Analysis of Fortive Corp (FTV)
Analysing the last 5-days average volume posted by the [Fortive Corp, FTV], we can find that recorded value of 2.78 million was better than the volume posted last year of 1.98 million. As of the previous 9 days, the stock’s Stochastic %D was 48.32%. Additionally, its Average True Range was 1.31.
During the past 100 days, Fortive Corp’s (FTV) raw stochastic average was set at 60.82%, which indicates a significant decrease from 62.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.84% in the past 14 days, which was lower than the 25.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.62, while its 200-day Moving Average is $76.90. Now, the first resistance to watch is $74.91. This is followed by the second major resistance level at $75.31. The third major resistance level sits at $75.86. If the price goes on to break the first support level at $73.95, it is likely to go to the next support level at $73.40. Now, if the price goes above the second support level, the third support stands at $73.00.
Fortive Corp (NYSE: FTV) Key Stats
With a market capitalization of 25.85 billion, the company has a total of 346,949K Shares Outstanding. Currently, annual sales are 6,065 M while annual income is 865,800 K. The company’s previous quarter sales were 1,535 M while its latest quarter income was 221,600 K.
