Fortive Corporation ($FTV) Stock Forecast: Up 1.2% Today

What is Fortive Corporation?

Fortive (FTV) is anticipated to report earnings growth soon. The stock experienced a significant bullish movement today.

Why is Fortive Corporation going up?

FTV stock is up 1.2% on Feb 3, 2025 15:43

• Positive expectations regarding upcoming earnings could have influenced the stock's bullish movement.
• Acknowledgment of Fortive on a financial program may have boosted investor confidence and stock interest.
• General market sentiment and optimistic investor outlook towards the company likely contributed to the bullish movement in FTV stock today.

FTV Price Chart

FTV Technical Analysis

FTV News

Fortive ( FTV ) Reports Next Week: Wall Street Expects Earnings Growth

Fortive (FTV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2407631/fortive-ftv-reports-next-week-wall-street-expects-earnings-growth

Palo Alto, Taiwan Semiconductor, Fortive And A Major Financial Stock On CNBC's 'Final Trades' - Fortive ( NYSE:FTV ) , Chubb ( NYSE:CB )

Joseph M. Terranova names Chubb as his final trade. Jason Snipe of Odyssey Capital Advisors stays long on Palo Alto. On CNBC's "Halftime Report Final Trades," Jason Snipe of Odyssey Capital Advisors said he is staying long on Palo Alto Networks, Inc. PANW.

https://www.benzinga.com/25/01/43335937/palo-alto-taiwan-semiconductor-fortive-and-a-major-financial-stock-on-cnbcs-final-trades

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Fortive Corporation Price History

25.09.2023 - FTV Stock was down 8.0%

• The bearish movement in FTV's stock today could be attributed to several factors:
• 1. Earnings Miss: The news articles mention that Fortive's Q3 earnings were in line with estimates but missed revenue expectations. This could have disappointed investors and led to a sell-off of the stock.
• 2. Acquisition Announcement: While not directly related to FTV's bearish movement today, the news of Fortive's acquisition of Germany's EA Elektro-Automatik for $1.45B could have raised concerns among investors. Acquisitions can sometimes be viewed as risky, and uncertainty surrounding the integration process may have contributed to the bearish sentiment.
• 3. Market Sentiment: The overall market sentiment and broader economic factors could also be influencing FTV's stock movement. If there is a general downturn in the market or concerns about the global economy, investors may be more cautious and sell off stocks like FTV.
• 4. Lack of Exciting News: The news articles provided do not highlight any significant positive developments or catalysts for FTV's stock. Without any exciting news to drive investor interest, the stock may have experienced a decline in demand.
• Overall, the bearish movement in FTV's stock today could be a result of earnings disappointment, concerns about an acquisition, broader market sentiment, and a lack of positive news.

18.07.2023 - FTV Stock was down 3.9%

• The bearish movement in FTV stock today could be attributed to the following factors:
• 1. Dividend Announcement: The declaration of a regular quarterly cash dividend of $0.07 per share may have disappointed investors who were expecting a higher payout. This could have led to selling pressure on the stock.
• 2. Short Interest: The decrease in short interest indicates that fewer traders are betting against FTV stock. However, it is worth noting that there are still 4.61 million shares sold short, which could have contributed to the downward pressure on the stock price.
• 3. Overall Market Sentiment: The broader market sentiment, such as economic indicators or geopolitical events, could have influenced the bearish movement in FTV stock. If there was a negative sentiment prevailing in the market, it could have impacted investor confidence in Fortive Corporation and led to a decline in the stock price.

03.01.2025 - FTV Stock was up 1.2%

• Positive expectations regarding upcoming earnings could have influenced the stock's bullish movement.
• Acknowledgment of Fortive on a financial program may have boosted investor confidence and stock interest.
• General market sentiment and optimistic investor outlook towards the company likely contributed to the bullish movement in FTV stock today.

24.06.2024 - FTV Stock was down 7.2%

• Fortive's stock experienced a bearish movement despite beating EPS estimates, attributed to the revenue falling short of expectations.
• The company's tightened full-year forecasts and the cut in revenue view for the next quarter might have contributed to the negative market sentiment.
• Investors may have reacted negatively to the decline in revenue for Precision Technologies segment, despite growth in other segments like Intelligent Operating Solutions and Advanced Healthcare Solutions.
• The market reaction could also be influenced by the company's adjusted operating margin improvement and the increase in fiscal 2024 earnings forecast, signaling a mixed bag of results leading to the bearish movement.

24.06.2024 - FTV Stock was down 5.5%

• Fortive issued a mixed outlook for Q3, with a raised FY24 earnings forecast but a cut in revenue view, which may have caused uncertainty among investors.
• Despite beating profit estimates in Q2, the company reported a decrease in profit compared to last year, potentially disappointing some shareholders.
• The market may have reacted negatively to the revenue cut in the Q3 outlook, overshadowing the positive aspects of the increased earnings forecast and strong Q2 results.
• Investors might be concerned about the company's ability to navigate market challenges despite showing margin expansion and solid cash flow in the recent quarter.