Fortive's Mixed Earnings, Stock Price Fluctuations
Update: 2025-11-11
Description
Fortive Corporation, a major industrial technology company, experienced a stock price drop of over thirty percent in the past year, contrary to the broader markets gains. However, on October twenty-ninth, their shares surged by eight percent following better-than-expected third-quarter results and an increased profit outlook for the year. The companys intelligent operating solutions and advanced healthcare segments drove this positive performance. Despite the recent good news, analysts still predict a thirty-two point one percent drop in adjusted earnings per share for Fortive in the current fiscal year. The overall analyst consensus is a Hold rating, with a modest six percent potential upside suggested by Morgan Stanley analyst Chris Snyder.
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