Fortive Corporation (NYSE: FTV) went down by -0.39% from its latest closing price when compared to the 1-year high value of $89.48, while FTV stocks collected -2.18% of loss with the last five trading sessions.
Fortive Corporation (NYSE: FTV) Worth an Investment?
Fortive Corporation (NYSE: FTV) scored price to earnings ratio above its average ratio, recording 36.68 times of increase in earnings at the present.
FTV Market Performance
FTV stocks went down by -2.18% for the week, with the monthly drop of -10.53% and a quarterly performance of -1.27%, while its annual performance rate touched 2.55%. The simple moving average for the period of the last 20 days is -4.76% for FTV stocks with the simple moving average of 0.78% for the last 200 days.
Analysts’ Opinion on Fortive Corporation (NYSE: FTV)
Many brokerage firms have already submitted their reports for FTV stocks, with Berenberg repeating the rating for FTV shares by setting it to “Buy”. The predicted price for FTV socks in the upcoming period according to Berenberg is $96 based on the research report published on May 15, 2019.
Morgan Stanley, on the other hand, stated in their research note that they expect to see FTV stock at the price of $96. The rating they have provided for FTV stocks is “Equal-Weight” according to the report published on May 8, 2019.
Morgan Stanley gave “ Overweight” rating to FTV stocks, setting the target price at $96 in the report published on December 18, 2018.
FTV Stocks -5.83% Far from 50 Day Moving Average
After a stumble in the market that brought FTV to its low price for the period of the last 52 weeks, Fortive Corporation was unable to take a rebound, for now settling with -11.05% of loss for the given period.
The stock volatility was left at 1.57%, however, within the period of a single month, the volatility rate increased by 1.10%, while the shares sank at the distance of -10.63% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -3.08% lower at the present time.
In the course of the last 5 trading sessions, FTV went down by -2.18%, which changed the moving average for the period of 200 days to the total of -1.99% of losses for the stock in comparison to the 20-day moving average settled at $83.09. In addition, Fortive Corporation saw 17.63% in overturn over the period of a single year with a tendency to cut further gains.
FTV Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Fortive Corporation (FTV), starting from Weaver Emily A., who sold 519 shares at the price of $80.98 back on May 17. After this action, Rushing now owns 8,627 shares of Fortive Corporation, valued at $42,029 with the latest closing price.
Gafinowitz Martin, the Senior Vice President of Fortive Corporation, sold 20,000 shares at the value of $81.74 during a trade that took place back on May 16, which means that Gafinowitz Martin is holding 71,169 shares at the value of $1,634,800 based on the most recent closing price.
FTV Stock Fundamentals
The current profitability levels are settled at +18.37 for the present operating margin and +51.50 for gross margin. The net margin for Fortive Corporation stands at +14.23. Total capital return value is set at 13.24, while invested capital returns managed to touch 10.55. Equity return holds the value 44.40%, with 20.30% for asset returns.
Based on Fortive Corporation (FTV), the company’s capital structure generated 52.01 points for debt to equity in total, while total debt to capital is set at the value of 34.21. Total debt to assets is settled at the value of 26.58 with long-term debt to equity ratio rests at 45.10 and long-term debt to capital is 29.67.
EBITDA value lies at +299.20 M with total debt to EBITDA carrying the value of 2.37. The value for Enterprise to Sales is 4.15 with debt to enterprise value settled at 0.13. The receivables turnover for Fortive Corporation is 5.52 with the total asset turnover at the value of 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.