Fortive Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)

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In the latest quarter, 6 analysts provided ratings for Fortive FTV, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 3 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 2 0 0
3M Ago 0 2 1 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $85.83, a high estimate of $90.00, and a low estimate of $80.00. This upward trend is evident, with the current average reflecting a 0.77% increase from the previous average price target of $85.17.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A clear picture of Fortive's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Julian Mitchell Barclays Lowers Overweight $85.00 $90.00
Deane Dray RBC Capital Raises Sector Perform $85.00 $77.00
Joseph O'Dea Wells Fargo Raises Equal-Weight $85.00 $80.00
Stephen Tusa JP Morgan Lowers Overweight $90.00 $92.00
Julian Mitchell Barclays Lowers Overweight $90.00 $95.00
Joseph O'Dea Wells Fargo Raises Equal-Weight $80.00 $77.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Fortive. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Fortive compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Fortive's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

To gain a panoramic view of Fortive's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Fortive analyst ratings.

Unveiling the Story Behind Fortive

Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $6.2 billion in revenue in 2024.

Fortive: Delving into Financials

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Positive Revenue Trend: Examining Fortive's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.31% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 12.89%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Fortive's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.01%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Fortive's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.21%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Fortive's debt-to-equity ratio is below the industry average. With a ratio of 0.38, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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