Fortive Corp [NYSE: FTV] stock went on a downward path that fall over -0.30% on Thursday, amounting to a one-week price increase of more than 3.79%.
Over the last 12 months, FTV stock dropped by -5.66%. The one-year Fortive Corp stock forecast points to a potential upside of 11.61. The average equity rating for FTV stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $24.63 billion, with 339.90 million shares outstanding and 338.23 million shares in the current float. Compared to the average trading volume of 3.11M shares, FTV stock reached a trading volume of 3861518 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Fortive Corp [FTV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FTV shares is $82.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FTV stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Exane BNP Paribas have made an estimate for Fortive Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 09, 2025. While these analysts kept the previous recommendation, Citigroup dropped their target price from $92 to $86. The new note on the price target was released on December 09, 2024, representing the official price target for Fortive Corp stock.
The Average True Range (ATR) for Fortive Corp is set at 2.03, with the Price to Sales ratio for FTV stock in the period of the last 12 months amounting to 3.99. The Price to Book ratio for the last quarter was 2.41, with the Price to Cash per share for the same quarter was set at 2.62. Price to Free Cash Flow for FTV in the course of the last twelve months was 17.71 with Quick ratio for the last quarter at 0.76.
FTV Stock Performance Analysis:
Fortive Corp [FTV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.79. With this latest performance, FTV shares gained by 10.17% in over the last four-week period, additionally sinking by -4.83% over the last 6 months – not to mention a drop of -5.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FTV stock in for the last two-week period is set at 59.08, with the RSI for the last a single of trading hit 64.51, and the three-weeks RSI is set at 54.99 for Fortive Corp [FTV]. The present Moving Average for the last 50 days of trading for this stock 70.43, while it was recorded at 72.62 for the last single week of trading, and 74.59 for the last 200 days.
Insight into Fortive Corp Fundamentals:
Fortive Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 0.97.
FTV Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FTV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fortive Corp go to 6.44%.
Fortive Corp [FTV] Institutonal Ownership Details
The top three institutional holders of FTV stocks are: VANGUARD GROUP INC with ownership of 39.1 million shares, which is approximately 11.1304%. T. ROWE PRICE INVESTMENT MANAGEMENT, INC., holding 32.24 million shares of the stock with an approximate value of $$2.39 billion in FTV stocks shares; and T. ROWE PRICE INVESTMENT MANAGEMENT, INC., currently with $$2.26 billion in FTV stock with ownership which is approximately 8.6785%.
