Fortive (NYSE:FTV) Releases Q1 2025 Earnings Guidance

Fortive (NYSE:FTV) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided EPS guidance of 0.830-0.860 for the period, compared to the consensus EPS estimate of 0.920. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.6 billion. Fortive also updated its FY 2025 guidance to 4.000-4.120 EPS.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Barclays decreased their price target on shares of Fortive from $95.00 to $90.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Wells Fargo & Company lifted their target price on Fortive from $77.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 7th. Argus restated a “hold” rating on shares of Fortive in a research report on Monday, November 18th. UBS Group assumed coverage on Fortive in a research report on Wednesday, November 13th. They set a “neutral” rating and a $84.00 price objective on the stock. Finally, Truist Financial increased their target price on shares of Fortive from $89.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.45.

Fortive Stock Performance

NYSE:FTV opened at $79.76 on Friday. The firm has a market capitalization of $27.67 billion, a PE ratio of 31.78, a PEG ratio of 2.18 and a beta of 1.15. The stock’s fifty day moving average is $77.65 and its 200 day moving average is $75.32. Fortive has a fifty-two week low of $66.15 and a fifty-two week high of $87.10. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.99 and a current ratio of 1.25.

Fortive (NYSE:FTV) last announced its earnings results on Friday, February 7th. The technology company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.05. Fortive had a net margin of 14.35% and a return on equity of 12.56%. During the same period in the prior year, the company earned $0.98 EPS. On average, sell-side analysts anticipate that Fortive will post 3.84 earnings per share for the current year.

Fortive Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, February 28th. This represents a $0.32 annualized dividend and a dividend yield of 0.40%. Fortive’s dividend payout ratio (DPR) is presently 12.75%.

Insider Transactions at Fortive

In related news, SVP Peter C. Underwood sold 5,000 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $76.58, for a total transaction of $382,900.00. Following the completion of the transaction, the senior vice president now owns 48,346 shares in the company, valued at $3,702,336.68. The trade was a 9.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.01% of the company’s stock.

About Fortive

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.