Fortive Corporation with ticker code (FTV) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $92.00 and $67.00 calculating the mean target price we have $82.44. Given that the stocks previous close was at $65.04 this indicates there is a potential upside of 26.8%. Also worth taking note is the 50 day moving average now sits at $74.61 and the 200 moving average now moves to $70.45. The market cap for the company is 22.78B. The current share price for the company is: $64.82 USD
The potential market cap would be $28,874,218,466 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 27.82, revenue per share of $17.03 and a 4.5% return on assets.
Fortive Corporation is a provider of essential technologies for connected workflow solutions across a range of end-markets. Its segments include Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment offers advanced instrumentation, software, and services, such as electrical test and measurement, facility, and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets, such as manufacturing, and communications and electronics. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies offered across a range of vertical end markets, such as automotive and medical equipment. The Advanced Healthcare Solutions segment offers instrument sterilization solutions, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation detection and safety monitoring.
