Fortive Corp Stock News

Fortive's (FTV) recently approved share repurchase program underscores the company's sound financial position and its commitment to reward its shareholders.

Fortive Corp (FTV) shares closed today at 1.1% above its 52 week low of $63.04, giving the company a market cap of $22B. The stock is currently down 16.9% year-to-date, down 5.9% over the past 12 months, and up 33.2% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 2.7%. Trading Activity Trading volume this week was 48.4% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 33.3% The company's stock price performance over the past 12 months beats the peer average by -57.1% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -70.0% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Fortive (FTV) said its board authorized a share buyback program, under which FTV may purchase up to 20M shares. The program has no expiration date and does not obligate FTV to acquire…

Fortive Corporation with ticker code (FTV) now have 18 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 95 and 71 calculating the average target price we see 84.39. With the stocks previous close at 65.05 this is indicating there is a potential upside of 29.7%. The 50 day moving average now sits at 71.91 and the 200 day MA is 72.66. The company has a market cap of $23,589m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" symbol="FTV" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $30,603m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and Senior Vice President and Chief Financial Of

Fortive Corporation with ticker code (FTV) have now 18 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 95 and 71 with the average target price sitting at 84.39. Now with the previous closing price of 63.88 this would indicate that there is a potential upside of 32.1%. The 50 day MA is 72.82 and the 200 day MA is 72.86. The market cap for the company is $23,546m. You can visit the company''s website by visiting: https://www.fortive.com [stock_market_widget type="chart" symbol="FTV" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $31,106m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.

If history is any guide, there may be trouble ahead for shares of Fortive (NYSE: FTV ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term Full story available on Benzinga.com

Technology stocks had a lousy start to 2022. QQQ lost 9% of its value in January. Pandemic winners are getting crushed while energy stocks are surging.

The heavy selling pressure might have exhausted for Fortive (FTV) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in

Fortive (FTV) fourth-quarter 2021 results are driven by solid customer demand trends and an increase in bookings for SaaS offerings.

Fortive (FTV) fourth-quarter 2021 results are driven by solid customer demand trends and an increase in bookings for SaaS offerings.

The heavy selling pressure might have exhausted for Fortive (FTV) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in

Fortive Corporation (FTV) CEO James Lico on Q4 2021 Results - Earnings Call Transcript