Stocks of Fortive Corp (NYSE:FTV) traded higher last session on Wall Street, up 1.89% to $51.27.
FTV stock price is now -3.71% away from the 50-day moving average and -8.35% away from the 200-day moving average. The market capitalization of the company currently stands at $17.38B.
With the price target maintained at $50, TD Cowen recently Downgraded its rating from Buy to Hold for Fortive Corp (NYSE: FTV). On April 09, 2025, Exane BNP Paribas Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $67, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, LICO JAMES A, President and CEO sold 175,000 shares of the company’s stock on May 15 ’25. The stock was sold for $12,670,000 at an average price of $72.40. Upon completion of the transaction, the President and CEO now directly owns 428,585 shares in the company, valued at $21.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, Officer LICO JAMES A bought 175,000 shares of the business’s stock. A total of $12,669,125 was incurred on buying the stock at an average price of $72.39. A total of 0.45% of the company’s stock is owned by insiders.
During the past 12 months, Fortive Corp has had a low of $45.49 and a high of $62.77. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 0.97, and a quick ratio of 0.76. According to the stock market information, the enterprise value for the company is $20862263296, which is based on a 22.51 price-to-earnings ratio, a 64.31 price-to-earnings-growth ratio, and a beta of 1.09. The fifty day moving average price for FTV is $53.24768 and a two-hundred day moving average price translates $56.067345 for the stock.
The latest earnings results from Fortive Corp (NYSE: FTV) was released for 2025-03-28. The net profit margin was 12.90% and return on equity was 7.70% for FTV. For the current quarter, analysts expect FTV to generate $1.03B in revenue.
