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Fortive (FTV) Competitors

Fortive logo
$75.75 +1.25 (+1.68%)
(As of 11/20/2024 ET)

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

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), Vontier (VNT), Nova (NVMI), and Sensata Technologies (ST). 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 superior investment? We will contrast the two companies based on the strength of their community ranking, dividends, media sentiment, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.

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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Trane Technologies presently has a consensus price target of $389.77, indicating a potential downside of 5.20%. Fortive has a consensus price target of $87.82, indicating a potential upside of 15.93%. Given Fortive's stronger consensus rating and higher probable upside, analysts clearly 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.29
Fortive
0 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.57

Trane Technologies has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500. Comparatively, Fortive has a beta of 1.13, meaning that its share price is 13% more volatile than the S&P 500.

In the previous week, Trane Technologies had 5 more articles in the media than Fortive. MarketBeat recorded 24 mentions for Trane Technologies and 19 mentions for Fortive. Trane Technologies' average media sentiment score of 1.37 beat Fortive's score of 0.94 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
20 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortive
11 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortive received 310 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 59.79% of users gave Fortive an outperform vote while only 42.27% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
Trane TechnologiesOutperform Votes
93
42.27%
Underperform Votes
127
57.73%
FortiveOutperform Votes
403
59.79%
Underperform Votes
271
40.21%

Trane Technologies pays an annual dividend of $3.36 per share and has a dividend yield of 0.8%. 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.

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$17.68B5.23$2.02B$10.7838.14
Fortive$6.07B4.33$865.80M$2.5130.18

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%

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$26.28B$20.39B$23.65B$19.85B
Dividend Yield0.43%0.72%2.77%3.52%
P/E Ratio30.1846.71268.7342.73
Price / Sales4.334.923,389.6719.27
Price / Cash15.6816.4732.4517.86
Price / Book2.583.567.365.52
Net Income$865.80M$432.15M$660.95M$986.45M
7 Day Performance0.17%-0.23%0.23%0.45%
1 Month Performance-1.78%-0.46%0.81%1.05%
1 Year Performance12.37%12.33%18.76%24.67%

Fortive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTV
Fortive
4.8928 of 5 stars
$75.75
+1.7%
$87.82
+15.9%
+11.9%$26.28B$6.07B30.1818,000Analyst Forecast
TT
Trane Technologies
4.099 of 5 stars
$411.16
-0.5%
$389.77
-5.2%
+81.2%$92.94B$17.68B38.1440,000Positive News
KEYS
Keysight Technologies
4.3938 of 5 stars
$165.48
+8.8%
$177.30
+7.1%
+22.7%$26.40B$4.98B47.2814,900Analyst Forecast
Options Volume
News Coverage
Gap Up
High Trading Volume
VLTO
Veralto
2.437 of 5 stars
$105.11
+1.1%
$108.27
+3.0%
+48.5%$25.72B$5.02B32.4416,000Positive News
TER
Teradyne
4.9942 of 5 stars
$103.58
+0.8%
$142.62
+37.7%
+11.3%$16.74B$2.68B32.886,500Buyback Announcement
Positive News
AVTR
Avantor
4.9748 of 5 stars
$20.14
+2.1%
$27.57
+36.9%
+3.6%$13.71B$6.97B43.7814,500Analyst Revision
RVTY
Revvity
3.9831 of 5 stars
$111.34
+1.3%
$132.07
+18.6%
+26.4%$13.55B$2.72B53.1011,500Positive News
BIO.B
Bio-Rad Laboratories
N/A$334.85
flat
N/A+11.6%$9.38B$2.67B-12.258,200
VNT
Vontier
3.5994 of 5 stars
$37.39
+0.8%
$44.50
+19.0%
+10.9%$5.57B$3.10B14.338,000
NVMI
Nova
4.2895 of 5 stars
$174.18
-1.6%
$227.80
+30.8%
+43.1%$5.14B$517.92M32.503,606Positive News
ST
Sensata Technologies
4.8515 of 5 stars
$30.73
-0.8%
$41.00
+33.4%
-4.9%$4.63B$4.05B-56.9119,400Positive News

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This page (NYSE:FTV) was last updated on 11/21/2024 by MarketBeat.com Staff
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