Fortive Corporation (NYSE: FTV) is one of 21 public companies in the “Semiconductor Equipment & Testing” industry, but how does it compare to its peers? We will compare Fortive Corporation to similar companies based off the strength of its earnings, risk, valuation, analyst recommendations, profitability, institutional ownership and dividends.

Dividends

Fortive Corporation pays an annual dividend of $0.28 per share and has a dividend yield of 0.4%. Fortive Corporation pays out 11.0% of its earnings in the form of a dividend. As a group, “Semiconductor Equipment & Testing” companies pay a dividend yield of 1.2% and pay out 26.2% of their earnings in the form of a dividend.

Analyst Recommendations

This is a summary of recent ratings and target prices for Fortive Corporation and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortive Corporation 0 7 6 0 2.46
Fortive Corporation Competitors 110 645 1332 51 2.62

Fortive Corporation presently has a consensus price target of $60.90, indicating a potential downside of 8.39%. All “Semiconductor Equipment & Testing” companies have a potential upside of 16.90%. Given Fortive Corporation’s peers stronger consensus rating and higher possible upside, analysts clearly believe Fortive Corporation has less favorable growth aspects than its peers.

Institutional and Insider Ownership

78.7% of Fortive Corporation shares are held by institutional investors. Comparatively, 79.9% of shares of all “Semiconductor Equipment & Testing” companies are held by institutional investors. 12.1% of Fortive Corporation shares are held by company insiders. Comparatively, 13.9% of shares of all “Semiconductor Equipment & Testing” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Volatility & Risk

Fortive Corporation has a beta of 0.27, indicating that its stock price is 73% less volatile than the S&P 500. Comparatively, Fortive Corporation’s peers have a beta of 1.18, indicating that their average stock price is 18% more volatile than the S&P 500.

Profitability

This table compares Fortive Corporation and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Fortive Corporation 14.02% 32.88% 11.27%
Fortive Corporation Competitors 6.59% 12.26% 7.11%

Valuation & Earnings

This table compares Fortive Corporation and its peers top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Fortive Corporation $6.36 billion $1.49 billion 26.17
Fortive Corporation Competitors $1.98 billion $516.04 million 8.39

Fortive Corporation has higher revenue and earnings than its peers. Fortive Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently the more expensive than other companies in its industry.

Summary

Fortive Corporation peers beat Fortive Corporation on 8 of the 15 factors compared.

About Fortive Corporation

Fortive Corporation is a diversified industrial growth company. The Company designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The Company operates through two segments: Professional Instrumentation and Industrial Technologies. The Company’s brands operate in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution markets. The Professional Instrumentation segment offers essential products, software and services used to create actionable intelligence by measuring and monitoring a range of physical parameters in industrial applications, including electrical current, radio frequency signals, distance, pressure and temperature. The Industrial Technologies segment offers critical technical equipment, components, software and services for manufacturing, repair and transportation markets around the world.

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