Fortive Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 47 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 61.45.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, 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.

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The current financial score of Fortive Corp is 7.45, ranking 76 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 1.12B, representing a year-over-year decrease of 30.72%, while its net profit experienced a year-over-year decrease of 11.06%.
The current valuation score of Fortive Corp is 7.11, ranking 106 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 31.40, which is 13.03% below the recent high of 35.49 and 33.66% above the recent low of 20.83.

The current earnings forecast score of Fortive Corp is 6.20, ranking 143 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 56.38, with a high of 66.00 and a low of 50.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Fortive Corp is 6.77, ranking 143 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 58.91 and the support level at 52.11, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Fortive Corp is 10.00, ranking 1 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 105.73%, representing a quarter-over-quarter decrease of 0.44%. The largest institutional shareholder is Van Duyn Dodge & E. Morris Cox, holding a total of 44.16M shares, representing 14.34% of shares outstanding, with 122.60% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Fortive Corp is 9.18, ranking 15 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.09. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.