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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 2637.35, and so far today it has a volume of 958300. Performance year to date since the 7/5/2016 is 8.44%.

To help you determine whether Fortive Corporation is undervalued the following values will help you decide. P/E is 21.21 and forward P/E is 20.22. PEG perhaps more useful shows that Fortive Corporation has a value for PEG of 3.33. P/S ratio is 2.95 and the P/B ratio is 7.67. The P/Cash and P/Free cash flow is 37.15 and *TBA respectively.

At the current price Fortive Corporation is trading at, 52.63 (-0.08% today), Fortive Corporation has a dividend yield of 0.53%, and this is covered by a payout ratio of *TBA. Earnings per share (EPS) is 2.48, and this is looking to grow in the next year to 7.38% 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 343.91, and the number of shares float is 304.39. The senior management bring insider ownership to 1.80%, and institutional ownership is at 1.30%. The float short is 1.34%, with the short ratio at a value of 1.55. Management has seen a return on assets of *TBA, 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 *TBA, and Fortive Corporation has a profit margin of *TBA.

The 52 week high is -3.02%, with 13.85% being its 52 week low. The 20 day simple moving average is 3.94% and the 200 day simple moving average is 3.94%.

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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