Fortive (NYSE:FTV) Updates 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 Analyst Weigh In

A number of equities research analysts have recently weighed in on FTV shares. Citigroup lowered Fortive from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $92.00 to $86.00 in a research note on Monday, December 9th. Argus reaffirmed a “hold” rating on shares of Fortive in a report on Monday, November 18th. Wells Fargo & Company upped 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. JPMorgan Chase & Co. lowered their price target on Fortive from $92.00 to $90.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Finally, Barclays cut their price objective on Fortive from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $86.45.

Fortive Stock Performance

FTV opened at $79.12 on Friday. The firm has a fifty day moving average price of $77.65 and a 200 day moving average price of $75.37. Fortive has a 1 year low of $66.15 and a 1 year high of $87.10. The stock has a market cap of $27.45 billion, a P/E ratio of 31.52, a P/E/G ratio of 2.14 and a beta of 1.15. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.25 and a quick ratio of 0.99.

Fortive (NYSE:FTV) last posted its earnings results on Friday, February 7th. The technology company reported $1.17 earnings per share (EPS) for the quarter, topping 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 quarter last year, the company posted $0.98 EPS. Equities research analysts anticipate that Fortive will post 3.84 earnings per share for the current year.

Fortive Dividend Announcement

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

Insider Activity

In related news, SVP Peter C. Underwood sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $76.58, for a total value of $382,900.00. Following the transaction, the senior vice president now directly owns 48,346 shares of the company’s stock, valued at approximately $3,702,336.68. This trade represents a 9.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.01% of the company’s stock.

Fortive Company Profile

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.