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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 19103.66. Since its IPO date on the 7/5/2016, Fortive Corporation, FTV performance year to date is 14.04%. Today Fortive Corporation, FTV has gained 0.67%, with a current price of 55.65.

Ownership of the company is 1.80% for insider ownership while institutional ownership is 76.10%. The management of the company have seen the company have a payout ratio of 0.00%. Return of assets are at 11.70%, 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 1.37. While Total debt/equity is 1.37. With a profit margin of 14.40%, this is combined with a gross margin of 48.30%, and operating margin of 20.20%. Fortive Corporation ability to meet debt levels, with a current ratio of 1.7, while the quick ratio is 1.3.

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 -1.05%, and the 52-week low is 20.54%. The average volume for Fortive Corporation, FTV is 114647.

With a target price of 53.77, can Fortive Corporation, FTV reach this target? Looking at the value indicators of Fortive Corporation, FTV. Fortive Corporation has a P/E of 21.62 and a forward P/E of 20.62. Perhaps the more useful indicator than P/E, is PEG which has a value of 3.1. Fortive Corporation also has a P/S and a P/B of 3.1 and 7.55 respectively. For P/cash, Fortive Corporation has a value of 26.36, while it is 17.62 for P/free cash flow.

At the current price of 55.65, Fortive Corporation has a dividend yield of 0.51%. We see a return on equity of 23.00%.

Looking more long-term Fortive Corporation, is projected to get an EPS growth for the next five years of 6.97%. In the short-term an EPS growth of 7.80% 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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Mark Hines

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