Fortive Corporation Common Stoc (NYSE:FTV).
On September 23, 2016 Raymond James starting coverage on FTV with an initial rating of “Outperform”. Equity analyst Argus Research initiated coverage on FTV giving it an initial rating of “Hold”.
Bank of America began coverage of FTV by announcing an initial rating of “Buy”. On July 14 analysts at Stifel Nicolaus initiated coverage on the stock setting a rating of “Buy” and projecting a price target of $57.00.
UBS started covering FTV with a rating of “Neutral” and setting a price target of $48.00.
The company is so far trading up by 0.21% since yesterday’s close of $51.61. The company recently announced a dividend that will be paid on Friday the 30th of September 2016. The dividend will be $0.070 per share for the quarter or $0.28 annualized. This dividend amount will represent a yeild of $0.55. The ex-dividend date is set for Wednesday the 24th of August 2016.
It is currently trading at $51.72 which is marginally lower than $51.79, the 50 day moving average and just above the 200 day moving average of $50.90. The 50 day moving average was down $-0.07 and the 200 day average went up by +1.62%.
The P/E ratio is 20.91 and market capitalization is 17.87B. In the latest earnings report the EPS was $2.47 and is estimated to be $2.43 for the current year with 345,577,000 shares now outstanding. Next quarter’s EPS is forecasted at $0.67 and the next full year EPS is anticipated to be $2.61.