Fortive Corporation with ticker code (FTV) now have 16 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $92.00 and $67.00 calculating the mean target price we have $82.44. Given that the stocks previous close was at $64.96 this now indicates there is a potential upside of 26.9%. It’s also worth noting that there is a 50 day moving average of $72.96 and the 200 moving average now moves to $70.41. The company has a market cap of 22.98B. The stock price for the company is currently is currently $65.40 USD
The potential market cap would be $29,168,457,836 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 28.07, 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.
