The Latest Breaking News from FTV

Fortive has underperformed the broader tech sector in 2024, and analysts are cautiously optimistic about the stock's potential.

Fortive has underperformed the broader market over the past year, but Wall Street analysts are cautiously optimistic about the stock’s prospects.

As Fortive gears up to unveil its second-quarter earnings this month, analysts are anticipating a single-digit growth in its bottom line.

While inflation has been easing, mounting concerns about a potential recession due to the recent financial crisis will likely keep the stock market under pressure. However, fundamentally strong stocks, Fortive (FTV), Lear Corporation (LEA), and Liberty Energy (LBRT), which look poised for solid growth, could be worth buying. Read on.

While inflation has been cooperating with the Fed’s aims, rising worries about a potential recession due to the recent financial crisis will likely keep the stock market under pressure. Therefore, it could be wise to check out some premier stocks, Glencore (GLNCY), Fortive Corp. (FTV), and Koç Holding (KHOLY), this…

If history is any guide, there may be trouble ahead for shares of Fortive (NYSE:FTV). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Fortive Corp (NYSE:FTV) reported fourth-quarter sales growth of 3.8% year-over-year to $1.37 billion, missing the consensus of $1.44 billion. Sales by segments: Intelligent Operating Solutions $579.8 million (+6.4% Y/Y), Precision Technologies $473.9 million (+2.1% Y/Y) and Advanced Healthcare Solutions $321.1 million (+1.7% Y/Y). Adjusted EPS improved to $0.79 from $0.70 in 4Q20, beating…

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