Fortive Corp Stock Buy Hold or Sell Recommendation
| FTV Stock | USD 79.60 0.50 0.62% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Fortive Corp is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Fortive Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Fortive Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Fortive Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide. Note, we conduct extensive research on individual companies such as Fortive and provide practical buy, sell, or hold advice based on investors' constraints. Fortive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Fortive |
Execute Fortive Corp Buy or Sell Advice
The Fortive recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fortive Corp. Macroaxis does not own or have any residual interests in Fortive Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fortive Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Fortive Corp Trading Alerts and Improvement Suggestions
| Fortive Corp has 3.81 B in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Fortive Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Fortive to invest in growth at high rates of return. | |
| Over 99.0% of Fortive Corp shares are owned by institutional investors | |
| Latest headline from simplywall.st: At US80.03, Is It Time To Put Fortive Corporation On Your Watch List |
Fortive Corp Returns Distribution Density
The distribution of Fortive Corp's historical returns is an attempt to chart the uncertainty of Fortive Corp's future price movements. The chart of the probability distribution of Fortive Corp daily returns describes the distribution of returns around its average expected value. We use Fortive Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fortive Corp returns is essential to provide solid investment advice for Fortive Corp.
| Mean Return | 0.11 | Value At Risk | -1.85 | Potential Upside | 1.87 | Standard Deviation | 1.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fortive Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Fortive Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Fortive Corp, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Fortive Corp back and forth among themselves.
| Shares | Ubs Group Ag | 2024-12-31 | 6.1 M | Norges Bank | 2024-12-31 | 5.5 M | Select Equity Group Lp | 2024-12-31 | 4.3 M | Brown Advisory Holdings Inc | 2024-12-31 | 4.2 M | Northern Trust Corp | 2024-12-31 | 4 M | Ubs Asset Mgmt Americas Inc | 2024-12-31 | 3.7 M | Fmr Inc | 2024-12-31 | 3.6 M | Champlain Investment Partners, Llc | 2024-12-31 | 3.4 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 3.1 M | T. Rowe Price Investment Management,inc. | 2024-12-31 | 42.9 M | Vanguard Group Inc | 2024-12-31 | 39 M |
Fortive Corp Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (7.3M) | (53.6M) | (40.3M) | (1.7M) | 8.8M | 9.2M | |
| Change In Cash | 619.6M | (1.0B) | (110.1M) | 1.2B | (1.1B) | (1.0B) | |
| Free Cash Flow | 1.4B | 911.1M | 1.2B | 1.2B | 1.4B | 1.2B | |
| Depreciation | 384M | 395.5M | 465.6M | 456.8M | 543.9M | 333.6M | |
| Other Non Cash Items | (567.9M) | (29.9M) | 71.3M | 1.0B | 105.8M | 67.8M | |
| Capital Expenditures | 75.7M | 50M | 95.8M | 107.8M | 120.4M | 111.2M | |
| Net Income | 1.5B | 614.2M | 755.2M | 865.8M | 832.9M | 966.5M | |
| Net Borrowings | 3.0B | (2.1B) | 753.6M | (723.9M) | (651.5M) | (618.9M) | |
| Dividends Paid | 163.4M | 132.2M | 99.5M | 102M | 111.2M | 105.6M | |
| Change To Netincome | 21M | 418.7M | 68.7M | 103M | 118.5M | 115.5M | |
| Investments | (148.4M) | (2.6B) | (102.5M) | (158.4M) | (182.2M) | (191.3M) | |
| Change Receivables | (105.9M) | (166.9M) | 82.4M | (84.1M) | (75.7M) | (79.5M) | |
| End Period Cash Flow | 1.8B | 819.3M | 709.2M | 1.9B | 813.3M | 1.2B |
Fortive Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fortive Corp or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fortive Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fortive stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.84 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | 0.08 |
Fortive Corp Volatility Alert
Fortive Corp has relatively low volatility with skewness of -0.12 and kurtosis of -0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fortive Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fortive Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Fortive Corp Fundamentals Vs Peers
Comparing Fortive Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fortive Corp's direct or indirect competition across all of the common fundamentals between Fortive Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fortive Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Fortive Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fortive Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fortive Corp to competition |
| Fundamentals | Fortive Corp | Peer Average |
| Return On Equity | 0.0812 | -0.31 |
| Return On Asset | 0.0421 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 30.05 B | 16.62 B |
| Shares Outstanding | 341.2 M | 571.82 M |
| Shares Owned By Insiders | 0.42 % | 10.09 % |
| Shares Owned By Institutions | 98.56 % | 39.21 % |
| Number Of Shares Shorted | 5.04 M | 4.71 M |
| Price To Earning | 35.27 X | 28.72 X |
| Price To Book | 2.67 X | 9.51 X |
| Price To Sales | 4.36 X | 11.42 X |
| Revenue | 6.23 B | 9.43 B |
| Gross Profit | 3.73 B | 27.38 B |
| EBITDA | 1.21 B | 3.9 B |
| Net Income | 832.9 M | 570.98 M |
| Cash And Equivalents | 709.2 M | 2.7 B |
| Cash Per Share | 1.99 X | 5.01 X |
| Total Debt | 3.81 B | 5.32 B |
| Debt To Equity | 0.38 % | 48.70 % |
| Current Ratio | 0.94 X | 2.16 X |
| Book Value Per Share | 29.86 X | 1.93 K |
| Cash Flow From Operations | 1.53 B | 971.22 M |
| Short Ratio | 2.41 X | 4.00 X |
| Earnings Per Share | 2.36 X | 3.12 X |
| Price To Earnings To Growth | 1.16 X | 4.89 X |
| Target Price | 90.23 | |
| Number Of Employees | 18 K | 18.84 K |
| Beta | 1.19 | -0.15 |
| Market Capitalization | 27.16 B | 19.03 B |
| Total Asset | 16.91 B | 29.47 B |
| Retained Earnings | 7.51 B | 9.33 B |
| Working Capital | 1.88 B | 1.48 B |
Note: Acquisition by Olumide Soroye of tradable shares of Fortive Corp subject to Rule 16b-3 [view details]
Fortive Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fortive . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 99698.19 | |||
| Daily Balance Of Power | (0.26) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 79.68 | |||
| Day Typical Price | 79.65 | |||
| Price Action Indicator | (0.33) | |||
| Period Momentum Indicator | (0.50) | |||
| Relative Strength Index | 57.71 |
About Fortive Corp Buy or Sell Advice
When is the right time to buy or sell Fortive Corp? Buying financial instruments such as Fortive Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Fortive Stock Analysis
When running Fortive Corp's price analysis, check to measure Fortive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.