Fortive (NYSE:FTV) will post its quarterly earnings results after the market closes on Thursday, February 8th. Analysts expect Fortive to post earnings of $0.78 per share for the quarter.
Shares of Fortive (FTV) opened at $76.02 on Thursday. Fortive has a 1 year low of $54.50 and a 1 year high of $76.68. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.54 and a current ratio of 1.95. The company has a market cap of $26,420.00 and a P/E ratio of 28.69.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Friday, February 23rd will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, February 22nd. Fortive’s dividend payout ratio is 10.57%.
In related news, insider James A. Lico sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $73.14, for a total transaction of $3,657,000.00. Following the completion of the transaction, the insider now owns 166,014 shares in the company, valued at $12,142,263.96. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 12.10% of the stock is currently owned by insiders.
ILLEGAL ACTIVITY WARNING: “Fortive (FTV) to Release Earnings on Thursday” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/01/fortive-ftv-to-release-earnings-on-thursday.html.
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.
Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter.