Friday, February 7, 2025

Fortive Gears Up For This fall Print; Right here Are The Current Forecast Modifications From Wall Avenue’s Most Correct Analysts – Fortive (NYSE:FTV)


Fortive Company FTV will launch its fourth-quarter monetary outcomes, earlier than the opening bell, on Friday, Feb. 7, 2025.

Analysts anticipate the Everett, Washington-based firm to report quarterly earnings at $1.12 per share, up from 98 cents per share within the year-ago interval. Fortive initiatives quarterly income of $1.63 billion, in comparison with $1.58 billion a 12 months earlier, in accordance with information from Benzinga Professional.

On Jan. 29, Fortive introduced that its Board of Administrators has appointed Sharmistha “Shar” Dubey because the Chair of the Board.

Fortive shares gained 0.4% to shut at $79.84 on Thursday.

Benzinga readers can entry the most recent analyst scores on the Analyst Inventory Rankings web page. Readers can type by inventory ticker, firm identify, analyst agency, ranking change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the latest interval.

  • JP Morgan analyst Stephen Tusa maintained an Obese ranking and reduce the worth goal from $92 to $90 on Jan. 15, 2025. This analyst has an accuracy charge of 68%.
  • Barclays analyst Julian Mitchell maintained an Obese ranking and lowered the worth goal from $95 to $90 on Jan. 8, 2025. This analyst has an accuracy charge of 75%.
  • Wells Fargo analyst Joseph O’Dea maintained an Equal-Weight ranking and raised the worth goal from $77 to $80 on Jan. 7, 2025. This analyst has an accuracy charge of 63%.
  • Truist Securities analyst Jamie Prepare dinner maintained a Purchase ranking and boosted the worth goal from $89 to $90 on Dec. 19, 2024. This analyst has an accuracy charge of 70%.
  • Citigroup analyst Andrew Kaplowitz downgraded the inventory from Purchase to Impartial and slashed the worth goal from $92 to $86 on Dec. 9, 2024. This analyst has an accuracy charge of 84%.

Contemplating shopping for FTV inventory? Right here’s what analysts assume:

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Market Information and Knowledge dropped at you by Benzinga APIs

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