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A look at a High Market Cap Stock: Fortive Corporation, FTV

Fortive Corporation, FTV is in the exchange NYSE and its industry is Scientific & Technical Instruments in the sector of Technology. Based in USA, Fortive Corporation, FTV  has a market cap of 17520.94. Since its IPO date on the 7/5/2016, Fortive Corporation, FTV performance year to date is 2.88%. Today Fortive Corporation, FTV has gained -1.52%, with a current price of 49.93.

Ownership of the company is 1.80% for insider ownership while institutional ownership is 26.80%. The management of the company have seen the company have a payout ratio of 0.00%. Return of assets are at 11.60%, with return on investment at 16.70%.

In terms of debt levels and profit levels, Fortive Corporation, FTV is seeing a long-term debt/equity of 1.42. While Total debt/equity is 1.42. With a profit margin of 13.90%, this is combined with a gross margin of 48.30%, and operating margin of 20.00%. Fortive Corporation ability to meet debt levels, with a current ratio of 1.6, while the quick ratio is 1.2.

For the last year Fortive Corporation, FTV has seen a EPS growth of -2.20%. A performance for the year of *TBA. The 52-week high is -7.99%, and the 52-week low is 8.01%. The average volume for Fortive Corporation, FTV is 1055600.

With a target price of 52.77, can Fortive Corporation, FTV reach this target? Looking at the value indicators of Fortive Corporation, FTV. Fortive Corporation has a P/E of 20.11 and a forward P/E of 19.05. Perhaps the more useful indicator than P/E, is PEG which has a value of 3.16. Fortive Corporation also has a P/S and a P/B of 2.86 and 7.28 respectively. For P/cash, Fortive Corporation has a value of 35.96, while it is 17.83 for P/free cash flow.

At the current price of 49.93, Fortive Corporation has a dividend yield of 0.56%. We see a return on equity of 18.90%.

Looking more long-term Fortive Corporation, is projected to get an EPS growth for the next five years of 6.37%. In the short-term an EPS growth of 7.59% in the next year is forecasted. This is after a EPS growth of -2.20% for this year and for the last five years a *TBA growth has been seen.

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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Stephen Butters

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