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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 50.39 (-0.38% today). The market cap for Fortive Corporation is 16536.12, and is in the sector Technology, and Scientific & Technical Instruments industry. The target price for Fortive Corporation is 53.44. Currently Fortive Corporation is trading with a P/E of 20.66, and a forward P/E of 19.4. Average volume for Fortive Corporation is 3704.32 and so far today it is 1082916.

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 8.00%. 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 2.70%, with EPS growth quarter over quarter at -10.70%. The 20-day simple moving average is 1.50%, with the 200-day simple moving average coming to 1.50%.

Since the IPO date for Fortive Corporation on the *TBA, Fortive Corporation has seen performance year to date to be 4.07%. With Fortive Corporation trading at 50.39, the dividend yield is *TBA, and the EPS is 2.45.

So could Fortive Corporation, be undervalued? Well as said before P/E is 20.66. The PEG is 3.94, P/S is 2.69 and the P/B is at 7.37. The P/cash is 33.94, with P/free cash flow at *TBA.

Fortive Corporation ability to deal with debt shows that the current ratio is 1.6, and the quick ratio is 0.8. This is with long term debt/equity at 1.42, and total debt/equity at 1.42.

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 0.20%. Outstanding shares are at 326.93. While shares float is 303.16. The float short is currently 1.14%, and short ratio is 0.93.

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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