NYSE:FTVMachinery
Fortive (FTV): Reassessing Valuation After Q3 Earnings Beat and Cautious Analyst Optimism
Fortive (FTV) jumped after its Q3 report showed revenue and earnings coming in ahead of expectations, giving investors a reason to revisit a stock that has lagged the broader tech space.
See our latest analysis for Fortive.
At around $54.80, Fortive’s one month share price return of 6.76 percent and 90 day share price return of 10.55 percent hint at improving momentum. This is the case even though the year to date share price return remains sharply negative and the one year total shareholder...