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Fortive (FTV) Competitors

Fortive logo
$75.90 +1.49 (+2.00%)
As of 01/3/2025 05:39 PM Eastern

FTV vs. TT, KEYS, VLTO, TER, AVTR, RVTY, BIO.B, NVMI, VNT, and MIR

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), Avantor (AVTR), Revvity (RVTY), Bio-Rad Laboratories (BIO.B), Nova (NVMI), Vontier (VNT), and Mirion Technologies (MIR). These companies are all part of the "measuring and control equipment" industry.

Fortive vs.

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

Fortive has a net margin of 14.35% compared to Trane Technologies' net margin of 12.73%. Trane Technologies' return on equity of 34.62% beat Fortive's return on equity.

Company Net Margins Return on Equity Return on Assets
Trane Technologies12.73% 34.62% 12.36%
Fortive 14.35%12.56%7.60%

Trane Technologies presently has a consensus target price of $413.14, suggesting a potential upside of 8.41%. Fortive has a consensus target price of $86.82, suggesting a potential upside of 14.38%. Given Fortive's stronger consensus rating and higher possible upside, analysts plainly believe Fortive is more favorable than Trane Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trane Technologies
1 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.33
Fortive
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

Fortive received 308 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 59.68% of users gave Fortive an outperform vote while only 42.86% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
Trane TechnologiesOutperform Votes
96
42.86%
Underperform Votes
128
57.14%
FortiveOutperform Votes
404
59.68%
Underperform Votes
273
40.32%

Trane Technologies has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, Fortive has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trane Technologies$19.39B4.42$2.02B$10.7835.35
Fortive$6.20B4.25$865.80M$2.5130.24

In the previous week, Trane Technologies had 4 more articles in the media than Fortive. MarketBeat recorded 8 mentions for Trane Technologies and 4 mentions for Fortive. Trane Technologies' average media sentiment score of 0.81 beat Fortive's score of 0.50 indicating that Trane Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trane Technologies
2 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortive
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

83.0% of Trane Technologies shares are held by institutional investors. Comparatively, 94.9% of Fortive shares are held by institutional investors. 0.4% of Trane Technologies shares are held by company insiders. Comparatively, 1.0% of Fortive shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Trane Technologies pays an annual dividend of $3.36 per share and has a dividend yield of 0.9%. Fortive pays an annual dividend of $0.32 per share and has a dividend yield of 0.4%. Trane Technologies pays out 31.2% of its earnings in the form of a dividend. Fortive pays out 12.7% 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.

Summary

Trane Technologies and Fortive tied by winning 10 of the 20 factors compared between the two stocks.

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$26.33B$20.00B$26.31B$19.33B
Dividend Yield0.43%0.76%2.76%3.67%
P/E Ratio30.2447.17241.0238.87
Price / Sales4.254.873,221.9820.35
Price / Cash16.4117.0535.9121.29
Price / Book2.583.988.465.48
Net Income$865.80M$406.10M$683.45M$992.21M
7 Day Performance0.33%1.97%2.74%3.25%
1 Month Performance-3.75%6.43%9.32%-1.32%
1 Year Performance6.09%9.78%29.62%16.12%

Fortive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTV
Fortive
4.6748 of 5 stars
$75.90
+2.0%
$86.82
+14.4%
+6.8%$26.33B$6.20B30.2418,000Analyst Downgrade
Short Interest ↑
TT
Trane Technologies
4.159 of 5 stars
$372.58
-0.3%
$409.93
+10.0%
+61.5%$83.84B$17.68B34.5640,000Analyst Forecast
KEYS
Keysight Technologies
4.6623 of 5 stars
$161.77
-0.7%
$180.80
+11.8%
+8.7%$28.01B$4.98B46.2214,900Insider Trade
VLTO
Veralto
2.7447 of 5 stars
$102.14
-1.0%
$109.50
+7.2%
+29.1%$25.26B$5.14B31.5216,000Ex-Dividend
Positive News
TER
Teradyne
4.8189 of 5 stars
$128.01
-0.4%
$147.25
+15.0%
+28.4%$20.85B$2.74B40.646,500
AVTR
Avantor
4.7512 of 5 stars
$21.17
-1.1%
$27.69
+30.8%
-1.0%$14.41B$6.82B46.0214,500
RVTY
Revvity
3.867 of 5 stars
$111.58
-0.4%
$132.47
+18.7%
+8.2%$13.58B$2.72B53.9011,500
BIO.B
Bio-Rad Laboratories
N/A$325.60
-0.1%
N/A+1.5%$9.12B$2.58B-11.918,200News Coverage
NVMI
Nova
2.4414 of 5 stars
$199.63
-0.2%
$227.80
+14.1%
+54.9%$5.80B$611.85M37.243,606Positive News
VNT
Vontier
3.4284 of 5 stars
$36.36
-0.7%
$44.44
+22.2%
+9.7%$5.46B$2.99B13.938,000
MIR
Mirion Technologies
3.7465 of 5 stars
$17.63
+0.1%
$19.25
+9.2%
+71.5%$4.09B$836.90M-51.853,000Positive News

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This page (NYSE:FTV) was last updated on 1/4/2025 by MarketBeat.com Staff
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