Fortive (NYSE:FTV) Issues Q1 2025 Earnings Guidance

Fortive (NYSE:FTV - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.830-0.860 for the period, compared to the consensus 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.

Analyst Upgrades and Downgrades

FTV has been the topic of several analyst reports. Argus reaffirmed a "hold" rating on shares of Fortive in a research report on Monday, November 18th. Citigroup downgraded Fortive from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $92.00 to $86.00 in a research report on Monday, December 9th. Barclays lowered their target price on shares of Fortive from $95.00 to $90.00 and set an "overweight" rating for the company in a research note on Wednesday, January 8th. UBS Group started coverage on Fortive in a research note on Wednesday, November 13th. They issued a "neutral" rating and a $84.00 price objective for the company. Finally, Royal Bank of Canada upped their target price on shares of Fortive from $77.00 to $85.00 and gave the stock a "sector perform" rating in a research note on Monday. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $87.64.

Fortive Stock Performance

Shares of FTV traded down $0.73 during midday trading on Tuesday, reaching $79.77. 1,071,519 shares of the stock were exchanged, compared to its average volume of 2,354,601. The company has a market capitalization of $27.68 billion, a price-to-earnings ratio of 31.78, a PEG ratio of 2.14 and a beta of 1.15. Fortive has a twelve month low of $66.15 and a twelve month high of $87.10. The business's 50-day moving average price is $77.69 and its 200 day moving average price is $75.47. 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 - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The technology company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.05. Fortive had a return on equity of 12.56% and a net margin of 14.35%. During the same period in the previous year, the firm posted $0.98 EPS. On average, sell-side analysts expect that Fortive will post 3.84 EPS for the current fiscal year.

Fortive Dividend Announcement

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

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.