Fortive (NYSE:FTV) Issues Q1 2025 Earnings Guidance

Fortive (NYSE:FTV) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided EPS guidance of 0.830-0.860 for the period, compared to the consensus EPS estimate of 0.920. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.6 billion. Fortive also updated its FY 2025 guidance to 4.000-4.120 EPS.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on FTV shares. Argus restated a “hold” rating on shares of Fortive in a research report on Monday, November 18th. JPMorgan Chase & Co. lowered their price objective on Fortive from $92.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Barclays dropped their target price on Fortive from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. StockNews.com upgraded Fortive from a “hold” rating to a “buy” rating in a report on Saturday, January 25th. Finally, Truist Financial lifted their price objective on shares of Fortive from $89.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.45.

Fortive Stock Down 0.9 %

Shares of NYSE FTV opened at $79.12 on Friday. Fortive has a 52-week low of $66.15 and a 52-week high of $87.10. The firm has a market capitalization of $27.45 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 2.14 and a beta of 1.15. The stock has a 50 day moving average price of $77.65 and a 200 day moving average price of $75.37. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.99 and a current ratio of 1.25.

Fortive (NYSE:FTV) last announced its quarterly earnings results on Friday, February 7th. The technology company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.12 by $0.05. Fortive had a return on equity of 12.56% and a net margin of 14.35%. During the same quarter last year, the company earned $0.98 EPS. Sell-side analysts expect that Fortive will post 3.84 earnings per share for the current year.

Fortive Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.40%. The ex-dividend date is Friday, February 28th. Fortive’s payout ratio is 12.75%.

Insiders Place Their Bets

In related news, SVP Peter C. Underwood sold 5,000 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $76.58, for a total transaction of $382,900.00. Following the completion of the sale, the senior vice president now directly owns 48,346 shares in the company, valued at $3,702,336.68. This represents a 9.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.01% of the stock is owned by company insiders.

About Fortive

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.