After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Fortive Announces Completion of EA Elektro-Automatik Acquisition.
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Stocks Info
FTV belongs to the Technology sector of the NYSE while operating in the Scientific & Technical Instruments industry. The current market capitalization of Fortive Corp is $25.90B. A total of 1.86 million shares were traded on the day, compared to an average of 2.08M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, FTV has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 4,689 shares. Over the last 12 months, there were 40 BUYs and 42 SELLs from insiders. Insiders purchased 431,082 shares during that period but sold 229,959.
In the most recent transaction, Murphy Patrick K sold 21,793 shares of FTV for 76.50 per share on Jul 28. After the transaction, the President & CEO of AHS now owns 60,716 company shares. In a previous transaction on Jul 28, McLaughlin Charles E sold 16,911 shares at 76.66 per share. FTV shares that SVP – Chief Financial Officer owns now total 101,319.
Among the insiders who sold shares, Mulhall Christopher M. disposed of 4,700 shares on Jul 28 at a per-share price of $76.85. This resulted in the VP – Chief Accounting Officer holding 21,507 shares of FTV after the transaction. In another insider transaction, Mulhall Christopher M. sold 4,436 shares at $76.84 per share on Jul 28. Company shares held by the VP – Chief Accounting Officer now total 6,113.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Fortive Corp pays an annual dividend of $0.29, resulting in a dividend yield of 0.39%, and it has a price to earnings (P/E) ratio of 31.72. FTV’s most recent ex-dividend date was 11/22/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 8/31/2023. The FTV stock dividend was $0.07 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for FTV in the last 3 months, the mean price target is $81.59 with high estimates of $96.00 and low estimates of $70.00. In terms of 52-week highs and lows, FTV has a high of $79.90 and a low of $62.70.
As of this writing, FTV has an earnings estimate of $Franco-Nevada Corporation per share for the current quarter. EPS was calculated based on a consensus of Vanguard Value ETF estimates, with a high estimate of $TechnipFMC plc per share and a lower estimate of $Fortive Corporation.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FTV’s latest balance sheet shows that the firm has $819.30M in Cash & Short Term Investments as of fiscal 2021. There were $4.14B in debt and $3.71B in liabilities at the time. Its Book Value Per Share was $28.68, while its Total Shareholder’s Equity was $9.52B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FTV is Buy with a score of 4.13.
