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Is Fortive Corporation(NYSE: FTV), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Fortive Corporation (NYSE: FTV) has been on the stock market since its IPO date on the 7/5/2016. Fortive Corporation is in the Scientific & Technical Instruments industry and Technology sector. Average volume for Fortive Corporation, is 2222.34, and so far today it has a volume of 1360700. Performance year to date since the 7/5/2016 is 5.88%.

To help you determine whether Fortive Corporation is undervalued the following values will help you decide. P/E is 20.7 and forward P/E is 19.69. PEG perhaps more useful shows that Fortive Corporation has a value for PEG of 3.25. P/S ratio is 2.89 and the P/B ratio is 7.49. The P/Cash and P/Free cash flow is 36.31 and 18 respectively.

At the current price Fortive Corporation is trading at, 51.39 (0.96% today), Fortive Corporation has a dividend yield of 0.54%, and this is covered by a payout ratio of 0.00%. Earnings per share (EPS) is 2.48, and this is looking to grow in the next year to 7.54% after growing -2.20% this past year. EPS growth quarter over quarter is 5.10%, and -0.60% for sales growth quarter over quarter.

The number of shares outstanding is 344.22, and the number of shares float is 304.39. The senior management bring insider ownership to 1.80%, and institutional ownership is at 1.40%. The float short is 1.23%, with the short ratio at a value of 1.68. Management has seen a return on assets of 11.60%, and also a return on investment of 16.70%.

The ability for Fortive Corporation, to deal with debt, means it current ratio is 1.6, and quick ratio is 1.2. Long term debt/equity is 1.42 and total debt/equity is 1.42. In terms of margins, Fortive Corporation has a gross margin of 48.30%, with its operating margin at 20.00%, and Fortive Corporation has a profit margin of 13.90%.

The 52 week high is -5.30%, with 11.17% being its 52 week low. The 20 day simple moving average is 0.69% and the 200 day simple moving average is 1.05%.

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.


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Peter Clarke

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