NYSE:FTVMachinery
Fortive (FTV) Adds Audit Committee Veteran, Is The Stock 15% Undervalued?
Fortive (FTV) just added Susan L. Main to its board and Audit Committee, expanding the group to nine directors. Investors now have fresh governance and oversight credentials to factor into any view on the stock.
Recent trading tells a mixed story for Fortive. The share price is US$54.69 after declining 11.13% over the past 30 days, yet the 1-year total shareholder return of 12.5% suggests longer term holders have still seen gains as sentiment has shifted back and forth.
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