On Friday, Fortive Corp (NYSE: FTV) opened higher 0.04% from the last session, before settling in for the closing price of $76.83. Price fluctuations for FTV have ranged from $66.15 to $87.10 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 0.13%. Company’s average yearly earnings per share was noted 12.18% at the time writing. With a float of $345.63 million, this company’s outstanding shares have now reached $346.90 million.
Let’s determine the extent of company efficiency that accounts for 18000 employees. 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
A key investor’s attitude towards the stock of the Scientific & Technical Instruments industry is another important factor to consider. The insider ownership of Fortive Corp is 0.38%, while institutional ownership is 95.30%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.18% 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
Check out the current performance indicators for Fortive Corp (FTV). In the past quarter, the stock posted a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.31. Likewise, its price to free cash flow for the trailing twelve months is 19.70.
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)
Looking closely at Fortive Corp (NYSE: FTV), its last 5-days average volume was 1.88 million, which is a drop from its year-to-date volume of 2.0 million. As of the previous 9 days, the stock’s Stochastic %D was 24.51%. Additionally, its Average True Range was 1.22.
During the past 100 days, Fortive Corp’s (FTV) raw stochastic average was set at 76.45%, which indicates a significant increase from 19.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.01% in the past 14 days, which was lower than the 20.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.34, while its 200-day Moving Average is $76.41. However, in the short run, Fortive Corp’s stock first resistance to watch stands at $77.19. Second resistance stands at $77.53. The third major resistance level sits at $78.09. If the price goes on to break the first support level at $76.29, it is likely to go to the next support level at $75.73. Now, if the price goes above the second support level, the third support stands at $75.39.
Fortive Corp (NYSE: FTV) Key Stats
There are currently 346,949K shares outstanding in the company with a market cap of 26.68 billion. Presently, the company’s annual sales total 6,065 M according to its annual income of 865,800 K. Last quarter, the company’s sales amounted to 1,535 M and its income totaled 221,600 K.
