FTV Stock Analysis — Fortive
Sector: Industrial Technology
AI Verdict
Fortive trades at 20.6x next year's earnings with analysts betting on an 86.1% EPS jump—if their sticky industrial software moat delivers, that's cheap for the growth you're getting, but the overbought RSI and recent revenue drop make this a high-expectations setup.
Competitive Moat
Fortive builds specialized industrial automation and instrumentation systems, with a defensible position rooted in proprietary measurement technologies and sticky, recurring software and service contracts. Their portfolio approach lets them cross-sell solutions into regulated, mission-critical environments where switching costs are high.
Summary
Fortive is on watch as analysts expect a dramatic 86.1% jump in earnings next year, despite a recent -17.5% revenue decline.
Where It Stands
Shares have dropped -11.36% over the past year and the RSI of 72.8 signals overbought territory, while the stock trades at 20.6x forward earnings—right in line with the industrial sector median of 20x.
Key Metrics
- RSI: 72.8 — Overbought
- Trailing P/E: 38.4x
- Forward P/E: 20.6x
- PEG Ratio: 0.45
- Earnings Growth: +0.9%
- Revenue Growth: -0.2%
- Market Cap: $18.8B
- 1-Year Return: -11.36%
Bull Case
With forward EPS growth expected at 86.1% and a PEG ratio of 0.45, the current valuation looks cheap for the earnings surge analysts are forecasting.
Bear Case
If the RSI corrects from 72.8 down to a neutral 55, that could mean a 10–15% price pullback even before any earnings disappointment is priced in.
Catalyst to Watch
Watch for the next quarterly report—confirmation of the forecasted 86.1% EPS growth is critical for justifying the forward multiple.