Stock Updates

Is this Large Market Cap Stock target price reasonable for Fortive Corporation (NYSE:FTV)?

The company in question is, Fortive Corporation (NYSE:FTV) currently with a stock price of 49.1 (-0.37% today). The market cap for Fortive Corporation is 17257.86, and is in the sector Technology, and Scientific & Technical Instruments industry. The target price for Fortive Corporation is 53.22. Currently Fortive Corporation is trading with a P/E of 20.13, and a forward P/E of 18.95. Average volume for Fortive Corporation is 3953.69 and so far today it is 802308.

Performance in the last year for Fortive Corporation has been *TBA. For EPS growth, Fortive Corporation has seen a growth of -2.20%, and is looking to grow in the next year to 7.40%. More long term stats show that EPS growth has been 0.00% over the last five years and could be 5.24% for the next five years. Fortive Corporation has seen sales growth quarter over quarter at -12.60%, with EPS growth quarter over quarter at -20.50%. The 20-day simple moving average is -1.86%, with the 200-day simple moving average coming to -1.86%.

Since the IPO date for Fortive Corporation on the *TBA, Fortive Corporation has seen performance year to date to be 1.40%. With Fortive Corporation trading at 49.1, the dividend yield is *TBA, and the EPS is 2.45.

So could Fortive Corporation, be undervalued? Well as said before P/E is 20.13. The PEG is 3.84, P/S is 2.81 and the P/B is at *TBA. The P/cash is *TBA, with P/free cash flow at *TBA.

Fortive Corporation ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 0.8. This is with long term debt/equity at 0, and total debt/equity at 0.

In terms of margins, Fortive Corporation has a gross margin of 48.20%, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Fortive Corporation is *TBA. Return on assets come to *TBA with return on investment coming to 16.70%.

Insider ownership for Fortive Corporation, is at 1.80% and institutional ownership comes to *TBA. Outstanding shares are at 350.2. While shares float is 303.18. The float short is currently *TBA, and short ratio is *TBA.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment