What Are The Chances Of Fortive Corp (NYSE: FTV) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, FTV falls under the Technology sector while operating within the Scientific & Technical Instruments industry segment. The current market capitalization of Fortive Corp is $27.02B. A total of 2.75 million shares were traded on the day, compared to an average of 2.66M shares.

In the most recent transaction, LICO JAMES A bought 80,000 shares of FTV for 74.84 per share on Nov 15 ’24. In a previous transaction on Nov 11 ’24, Underwood Peter C sold 5,000 shares at 76.58 per share. FTV shares that SVP – General Counsel owns now total 48,346.

Among the insiders who bought shares, Underwood Peter C acquired of 5,000 shares on Nov 11 ’24 at a per-share price of $76.58. In another insider transaction, Walker Stacey A. sold 171,808 shares at $71.71 per share on Nov 01 ’24. Company shares held by the SVP – Human Resources now total 42,651.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Fortive Corp pays an annual dividend of $0.32, resulting in a dividend yield of 0.41%, and it has a price to earnings (P/E) ratio of 31.03. FTV’s most recent ex-dividend date was 0.43% when it declared a $0.08 quarterly dividend that was paid in cash on 11/29/2024. Previously, the company paid the dividend on 9/17/2024 with an ex-dividend date of 0.43%. The FTV stock dividend was $0.08 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, FTV has a high of $87.10 and a low of $66.15.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. FTV’s latest balance sheet shows that the firm has $819.30M in Cash & Short Term Investments as of fiscal 2021. There were $4.14B in debt and $3.71B in liabilities at the time. Its Book Value Per Share was $30.43, while its Total Shareholder’s Equity was $9.52B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FTV is Buy with a score of 4.12.

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