Why Industrial Conglomerate Fortive's Shares Are Sliding Today
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2023
0mins
Source: Benzinga
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Analyst Views on FTV
Wall Street analysts forecast FTV stock price to fall
10 Analyst Rating
1 Buy
7 Hold
2 Sell
Hold
Current: 63.600
Low
51.00
Averages
59.30
High
65.00
Current: 63.600
Low
51.00
Averages
59.30
High
65.00
About FTV
Fortive Corporation is a technology solutions company. The Company's businesses design, develop, manufacture, and market products, software, and services, building on brand names, technologies, and market positions. The Company's segments include Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS). The Company's IOS segment provides advanced instrumentation, software and services to various customers enabling their mission-critical workflows. These offerings include electrical test and measurement, facility and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets. Its AHS segment supplies critical workflow solutions enabling healthcare providers to deliver patient care more efficiently. Its offerings include instrument sterilization solutions, instrument tracking, biomedical test tools, radiation detection and safety monitoring and end-to-end clinical productivity software and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Recording Availability: A digital recording of the conference call will be available post-call on Fortive's website under the 'Investors' section, enhancing information transparency for investors who cannot attend live.
- Company Overview: Headquartered in Everett, Washington, Fortive employs over 10,000 people and focuses on Intelligent Operating Solutions and Advanced Healthcare Solutions, committed to enhancing global safety and productivity through innovative technologies.
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- Industry Coverage and Expansion: eMaint's partners will support key industries including Manufacturing, Life Sciences, Food and Beverage, Automotive, and Oil and Gas, assisting organizations in modernizing maintenance operations and improving reliability, further solidifying eMaint's position in the industrial maintenance software market.
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- Market Expansion: This acquisition will extend ASP's innovative solutions to the European and North American markets, further solidifying its leadership in global infection prevention while accelerating the adoption of UV Smart's products worldwide.
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