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Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
Strategic Spin-off | Fortive's planned spin-off of its Precision Technologies segment aims to create focused, independent companies, potentially unlocking significant shareholder value |
Resilient Transformation | Explore Fortive's transition towards a less cyclical business model with higher margins and recurring sales, enhancing long-term stability and profitability |
Market Headwinds | Learn how Fortive navigates challenges in China and government spending delays, impacting its Intelligent Operating Solutions segment and overall growth |
Analyst Perspectives | Average price target of $84.38, with estimates ranging from $77 to $96, reflecting varied views on Fortive's growth potential and strategic initiatives |
Metrics to compare | FTV | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipFTVPeersSector | |
---|---|---|---|---|
P/E Ratio | 32.4x | 28.9x | 11.9x | |
PEG Ratio | −11.25 | 0.45 | 0.03 | |
Price/Book | 2.6x | 6.2x | 1.4x | |
Price / LTM Sales | 4.3x | 4.2x | 1.2x | |
Upside (Analyst Target) | 12.5% | 29.8% | 23.4% | |
Fair Value Upside | Unlock | −9.7% | 6.3% | Unlock |