|Bid||924.01 x 800|
|Ask||926.54 x 1200|
|Day's Range||920.44 - 924.55|
|52 Week Range||859.75 - 1,103.58|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||120.54|
|Forward Dividend & Yield||50.00 (5.53%)|
|1y Target Est||N/A|
The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Shares of Fortive Corp. jumped 3.2% in premarket trading Wednesday, after the industrial technology company announced a plan to separate into two independent, publicly traded companies. One of the new companies will be an industrial technology company, and retain the Fortive name, that generates "significant" recurring revenue, has "highly attractive" margins and "strong" free cash flow. The other, NewCo for now, will be an industrial company focused on the transportation and mobility markets. The separation is expected to be completed in the second half of 2020. Current Chief Executive James Lico and Chief Financial Officer Charles McLaughlin will continue in their roles with Fortive after the separation. "As separate companies, each business will benefit from increased strategic focus and enhanced flexibility to invest in distinct organic and inorganic growth opportunities," Lico said. "We are confident this will create additional opportunities and enhanced value for our employees, customers and other stakeholders." The stock has lost 17.3% over the past 12 months, while the SPDR Industrial Select Sector ETF has slipped 3.0% and the S&P 500 has gained 0.3%.
Fortive Corp NYSE:FTVView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for FTV with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding FTV are favorable, with net inflows of $7.79 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Industrial stocks could outperform this year as expectations of high earnings growth help them rebound from last year's rout.
Howard Marks (Trades, Portfolio)' Oaktree Capital Management released its first-quarter portfolio earlier this month, listing eight new holdings. Warning! GuruFocus has detected 2 Warning Sign with AAPL. Based on these criteria, the firm's top five buys for the quarter were Berry Petroleum Corp. (BRY), Danaher Corp. (DHRAA.PFD), Fortive Corp. (NYSE:FTVPA.PFD), American Electric Power Co. Inc. (NYSE:AEP-PB) and Stanley Black & Decker Inc. (SWP).
Fortive Corp (NYSE: FTV ) has completed a reshaping of its portfolio to include higher-quality assets with lower cyclicality and its stock has rerated to reflect this, according to Morgan Stanley this ...
On a per-share basis, the Everett, Washington-based company said it had profit of 43 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 69 cents per share. The results exceeded ...
Jeffry Gates’ Gates Capital Management is an event-driven alternative asset manager founded back in 1996, which managed around $2.69 billion on a discretionary basis at the end of 2016. Besides being its founder, Jeffrey Gates is the current President and Portfolio Manager of the fund, whose headquarters are in the Big Apple. Before launching his […]