FTV Stock Analysis — Fortive
Sector: Industrial Technology
AI Verdict
Fortive trades at 19.5x next year's earnings with consensus expecting a huge 87.5% EPS jump — that's cheap for the growth you're getting if their moat in industrial automation holds up.
Competitive Moat
Fortive owns a portfolio of industrial automation and instrumentation businesses, many of which have high switching costs due to integration with customer workflows and regulatory requirements. Its defensibility comes from deep domain expertise and entrenched customer relationships in critical measurement and safety systems.
Summary
Fortive is notable right now for an expected 87.5% jump in earnings over the next year, far outpacing most industrial peers.
Where It Stands
Shares are up 15.63% over the past year, the RSI is a neutral 49.3, and the stock trades at 19.5x next year's earnings versus a sector median of 20x for industrials.
Key Metrics
- RSI: 49.3 — Neutral
- Trailing P/E: 36.6x
- Forward P/E: 19.5x
- PEG Ratio: 0.41
- Earnings Growth: +0.9%
- Revenue Growth: -0.2%
- Market Cap: $18.7B
- Dividend Yield: 0.00%
- 1-Year Return: 15.63%
- 52-Week High: $64.33
- 52-Week Low: $46.34
Analyst Consensus
7 Buy · 12 Hold · 2 Sell (21 analysts)
Bull Case
With forward EPS growth forecast at 87.5% and a forward P/E of 19.5x, you're paying a typical sector multiple for nearly double the typical growth.
Bear Case
If the P/E multiple slips back to the sector median while growth disappoints, a re-rating from 19.5x to 15x would mean a 23% hit to the share price even before factoring in earnings risk.
Catalyst to Watch
Watch for actual EPS delivery in the next two quarters — if the 87.5% growth materializes, the current multiple will look cheap; if not, expect a sharp de-rating.