The company's fundamentals are relatively healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
85 / 192
Overall Ranking
214 / 4718
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
20
analysts
Hold
Current Rating
56.698
Target Price
+17.05%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Fortive Corporation is a provider of essential technologies for connected workflow solutions across a range of end-markets. Its segments include Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment offers advanced instrumentation, software, and services, such as electrical test and measurement, facility, and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets, such as manufacturing, process industries, and healthcare. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies offered across a range of vertical end markets, such as automotive and medical equipment. The Advanced Healthcare Solutions segment offers instrument sterilization solutions, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation detection and safety monitoring.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 13.35%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 13.35%.
Undervalued
The company’s latest PE is 21.55, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 317.37M shares, decreasing 9.63% quarter-over-quarter.
Fortive Corporation is a provider of essential technologies for connected workflow solutions across a range of end-markets. Its segments include Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment offers advanced instrumentation, software, and services, such as electrical test and measurement, facility, and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets, such as manufacturing, process industries, and healthcare. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies offered across a range of vertical end markets, such as automotive and medical equipment. The Advanced Healthcare Solutions segment offers instrument sterilization solutions, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation detection and safety monitoring.