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Fortive (FTV) Competitors

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$80.08 -0.16 (-0.20%)
Closing price 02/4/2025 03:59 PM Eastern
Extended Trading
$80.26 +0.18 (+0.22%)
As of 04:27 AM Eastern
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FTV vs. TT, KEYS, VLTO, TER, RVTY, AVTR, BIO.B, NVMI, VNT, and CAMT

Should you be buying Fortive stock or one of its competitors? The main competitors of Fortive include Trane Technologies (TT), Keysight Technologies (KEYS), Veralto (VLTO), Teradyne (TER), Revvity (RVTY), Avantor (AVTR), Bio-Rad Laboratories (BIO.B), Nova (NVMI), Vontier (VNT), and Camtek (CAMT). These companies are all part of the "measuring and control equipment" industry.

Fortive vs.

Fortive (NYSE:FTV) and Trane Technologies (NYSE:TT) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation, risk, media sentiment and community ranking.

Fortive pays an annual dividend of $0.32 per share and has a dividend yield of 0.4%. Trane Technologies pays an annual dividend of $3.36 per share and has a dividend yield of 0.9%. Fortive pays out 12.7% of its earnings in the form of a dividend. Trane Technologies pays out 29.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Fortive has a beta of 1.15, indicating that its stock price is 15% more volatile than the S&P 500. Comparatively, Trane Technologies has a beta of 1.05, indicating that its stock price is 5% more volatile than the S&P 500.

In the previous week, Trane Technologies had 43 more articles in the media than Fortive. MarketBeat recorded 53 mentions for Trane Technologies and 10 mentions for Fortive. Fortive's average media sentiment score of 0.93 beat Trane Technologies' score of 0.87 indicating that Fortive is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortive
6 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Trane Technologies
27 Very Positive mention(s)
5 Positive mention(s)
13 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortive currently has a consensus target price of $86.45, suggesting a potential upside of 7.96%. Trane Technologies has a consensus target price of $415.25, suggesting a potential upside of 16.84%. Given Trane Technologies' higher possible upside, analysts plainly believe Trane Technologies is more favorable than Fortive.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortive
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54
Trane Technologies
1 Sell rating(s)
10 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.29

Fortive received 310 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 59.74% of users gave Fortive an outperform vote while only 42.24% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
FortiveOutperform Votes
408
59.74%
Underperform Votes
275
40.26%
Trane TechnologiesOutperform Votes
98
42.24%
Underperform Votes
134
57.76%

Trane Technologies has higher revenue and earnings than Fortive. Trane Technologies is trading at a lower price-to-earnings ratio than Fortive, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortive$6.07B4.58$865.80M$2.5131.90
Trane Technologies$19.84B4.03$2.57B$11.2531.59

Fortive has a net margin of 14.35% compared to Trane Technologies' net margin of 12.94%. Trane Technologies' return on equity of 35.37% beat Fortive's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortive14.35% 12.56% 7.60%
Trane Technologies 12.94%35.37%12.72%

94.9% of Fortive shares are owned by institutional investors. Comparatively, 83.0% of Trane Technologies shares are owned by institutional investors. 1.0% of Fortive shares are owned by company insiders. Comparatively, 0.4% of Trane Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Fortive beats Trane Technologies on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FTV vs. The Competition

MetricFortiveProcess control instruments IndustryComputer SectorNYSE Exchange
Market Cap$27.78B$19.82B$26.50B$20.10B
Dividend Yield0.39%0.73%2.73%3.68%
P/E Ratio31.9048.65238.0043.42
Price / Sales4.586.173,199.2916.69
Price / Cash17.0518.1236.2318.00
Price / Book2.734.378.635.91
Net Income$865.80M$363.69M$676.40M$1.00B
7 Day Performance-0.71%-0.04%0.39%0.25%
1 Month Performance5.51%5.77%-0.36%1.73%
1 Year Performance-2.68%13.44%27.55%19.19%

Fortive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTV
Fortive
4.4204 of 5 stars
$80.08
-0.2%
$86.45
+8.0%
-3.5%$27.78B$6.07B31.9018,000Upcoming Earnings
TT
Trane Technologies
4.7147 of 5 stars
$361.70
-0.3%
$415.25
+14.8%
+28.4%$81.39B$19.84B32.1540,000Earnings Report
KEYS
Keysight Technologies
4.393 of 5 stars
$177.14
-0.7%
$180.80
+2.1%
+13.1%$30.63B$4.98B50.6115,500
VLTO
Veralto
2.9905 of 5 stars
$101.78
-1.6%
$113.18
+11.2%
+31.6%$25.17B$5.02B31.4116,000Earnings Report
News Coverage
TER
Teradyne
4.9952 of 5 stars
$112.83
-2.6%
$143.77
+27.4%
+15.9%$18.38B$2.82B33.896,500Earnings Report
Analyst Revision
RVTY
Revvity
4.1955 of 5 stars
$125.33
-0.6%
$136.25
+8.7%
+16.6%$15.25B$2.76B56.7111,500Earnings Report
Analyst Forecast
AVTR
Avantor
4.3272 of 5 stars
$22.05
-1.0%
$27.46
+24.5%
-6.0%$15.01B$6.97B47.9314,500Upcoming Earnings
Analyst Forecast
Options Volume
News Coverage
BIO.B
Bio-Rad Laboratories
N/A$357.65
flat
N/A+12.7%$10.01B$2.67B-13.098,200
NVMI
Nova
3.1896 of 5 stars
$245.41
+0.1%
$238.33
-2.9%
+64.6%$7.13B$517.92M45.783,606Positive News
Gap Down
VNT
Vontier
3.5996 of 5 stars
$38.05
-1.3%
$44.63
+17.3%
+5.8%$5.71B$2.99B14.588,000Gap Down
CAMT
Camtek
4.6316 of 5 stars
$89.63
-5.2%
$112.44
+25.5%
+9.5%$4.06B$315.38M41.23400Short Interest ↑
Gap Down

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This page (NYSE:FTV) was last updated on 2/5/2025 by MarketBeat.com Staff
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