16-May-2024
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Fortive to Present at the Wolfe Research Global Transportation and Industrials Conference
Business Wire (Wed, 8-May 4:15 PM ET)
Fortive Releases 2023 Annual Sustainability Report
Business Wire (Wed, 8-May 7:30 AM ET)
Fortive to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024
Business Wire (Wed, 1-May 4:15 PM ET)
Fortive Reports Strong First Quarter 2024 Results; Raises Full Year 2024 Outlook
Business Wire (Wed, 24-Apr 7:30 AM ET)
Fortive Declares Regular Quarterly Dividend on its Common Stock
Business Wire (Thu, 4-Apr 4:15 PM ET)
Fortive Schedules First Quarter 2024 Earnings Conference Call
Business Wire (Thu, 28-Mar 4:15 PM ET)
Fluke Advances Utility-Scale Solar Testing with the Launch of the PVA-1500 Series I-V Curve Tracer
Business Wire (Tue, 19-Mar 7:00 AM ET)
Fortive to Present at the Bank of America Global Industrials Conference
Business Wire (Tue, 12-Mar 4:15 PM ET)
Fortive to Present at the J.P. Morgan Industrials Conference
Business Wire (Wed, 6-Mar 4:15 PM ET)
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $6.1 billion in revenue in 2023.
Fortive Common trades on the NYSE stock market under the symbol FTV.
As of May 16, 2024, FTV stock price declined to $77.33 with 853,425 million shares trading.
FTV has a beta of 1.04, meaning it tends to be more sensitive to market movements. FTV has a correlation of 0.34 to the broad based SPY ETF.
FTV has a market cap of $27.20 billion. This is considered a Large Cap stock.
Last quarter Fortive Common reported $2 billion in Revenue and $.83 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.04.
In the last 3 years, FTV stock traded as high as $87.10 and as low as $52.47.
The top ETF exchange traded funds that FTV belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.
FTV has underperformed the market in the last year with a price return of +18.2% while the SPY ETF gained +29.6%. FTV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.5% and +2.5%, respectively, while the SPY returned +5.6% and +5.7%, respectively.
FTV support price is $76.96 and resistance is $78.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTV stock will trade within this expected range on the day.