Fortive Corp (FTV) 20 Days SMA touches -13.53%: The odds favor the bear

Fortive Corp (NYSE: FTV) kicked off on Tuesday, down -3.20% from the previous trading day, before settling in for the closing price of $64.65. Over the past 52 weeks, FTV has traded in a range of $61.75-$84.96.

During the last 5-year period, the sales growth of Technology Sector giant was 6.53%. While this was happening, its average annual earnings per share was recorded 3.27%. With a float of $338.72 million, this company’s outstanding shares have now reached $341.20 million.

Let’s determine the extent of company efficiency that accounts for 18000 employees. In terms of profitability, gross margin is 59.87%, operating margin of 18.35%, and the pretax margin is 15.56%.

Fortive Corp (FTV) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Scientific & Technical Instruments Industry. The insider ownership of Fortive Corp is 0.46%, while institutional ownership is 98.36%. The most recent insider transaction that took place on Feb 28 ’25, was worth 237,308. In this transaction SVP – Human Resources of this company sold 3,002 shares at a rate of $79.05, taking the stock ownership to the 42,373 shares. Before that another transaction happened on Feb 28 ’25, when Company’s SVP – Chief Financial Officer sold 32,085 for $78.86, making the entire transaction worth $2,530,223. This insider now owns 76,126 shares in total.

Fortive Corp (FTV) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.98 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.21% during the next five years compared to 3.68% growth over the previous five years of trading.

Fortive Corp (NYSE: FTV) Trading Performance Indicators

Take a look at Fortive Corp’s (FTV) current performance indicators. Last quarter, stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.42. Likewise, its price to free cash flow for the trailing twelve months is 15.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.36, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 4.36 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 4.12 million, which is a jump from its year-to-date volume of 2.64 million. As of the previous 9 days, the stock’s Stochastic %D was 10.86%. Additionally, its Average True Range was 2.51.

During the past 100 days, Fortive Corp’s (FTV) raw stochastic average was set at 4.07%, which indicates a significant decrease from 5.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.14% in the past 14 days, which was higher than the 25.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.72, while its 200-day Moving Average is $75.35. However, in the short run, Fortive Corp’s stock first resistance to watch stands at $65.60. Second resistance stands at $68.62. The third major resistance level sits at $70.57. If the price goes on to break the first support level at $60.63, it is likely to go to the next support level at $58.68. Should the price break the second support level, the third support level stands at $55.66.

Fortive Corp (NYSE: FTV) Key Stats

The company with the Market Capitalisation of 21.30 billion has total of 340,290K Shares Outstanding. Its annual sales at the moment are 6,232 M in contrast with the sum of 832,900 K annual income. Company’s last quarter sales were recorded 1,620 M and last quarter income was 208,800 K.