Fortive Corporation (NYSE: FTV) is one of 21 publicly-traded companies in the “Semiconductor Equipment & Testing” industry, but how does it weigh in compared to its rivals? We will compare Fortive Corporation to similar companies based on the strength of its valuation, profitability, institutional ownership, risk, dividends, analyst recommendations and earnings.

Earnings and Valuation

This table compares Fortive Corporation and its rivals revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Fortive Corporation $6.36 billion $1.49 billion 27.31
Fortive Corporation Competitors $1.98 billion $516.71 million 8.55

Fortive Corporation has higher revenue and earnings than its rivals. Fortive Corporation is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a breakdown of recent recommendations for Fortive Corporation and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortive Corporation 0 7 6 0 2.46
Fortive Corporation Competitors 110 652 1340 51 2.62

Fortive Corporation presently has a consensus target price of $60.90, indicating a potential downside of 12.20%. As a group, “Semiconductor Equipment & Testing” companies have a potential upside of 12.13%. Given Fortive Corporation’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Fortive Corporation has less favorable growth aspects than its rivals.

Insider and Institutional Ownership

78.7% of Fortive Corporation shares are owned by institutional investors. Comparatively, 79.9% of shares of all “Semiconductor Equipment & Testing” companies are owned by institutional investors. 12.1% of Fortive Corporation shares are owned by insiders. Comparatively, 13.9% of shares of all “Semiconductor Equipment & Testing” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Fortive Corporation and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Fortive Corporation 14.02% 32.88% 11.27%
Fortive Corporation Competitors 6.59% 12.25% 7.10%

Dividends

Fortive Corporation pays an annual dividend of $0.28 per share and has a dividend yield of 0.4%. Fortive Corporation pays out 11.0% of its earnings in the form of a dividend. As a group, “Semiconductor Equipment & Testing” companies pay a dividend yield of 1.1% and pay out 26.2% of their earnings in the form of a dividend.

Volatility and Risk

Fortive Corporation has a beta of 0.27, indicating that its share price is 73% less volatile than the S&P 500. Comparatively, Fortive Corporation’s rivals have a beta of 1.18, indicating that their average share price is 18% more volatile than the S&P 500.

Summary

Fortive Corporation rivals beat Fortive Corporation on 8 of the 15 factors compared.

Fortive Corporation Company Profile

Fortive Corporation is a diversified industrial growth company. The Company designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The Company operates through two segments: Professional Instrumentation and Industrial Technologies. The Company’s brands operate in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution markets. The Professional Instrumentation segment offers essential products, software and services used to create actionable intelligence by measuring and monitoring a range of physical parameters in industrial applications, including electrical current, radio frequency signals, distance, pressure and temperature. The Industrial Technologies segment offers critical technical equipment, components, software and services for manufacturing, repair and transportation markets around the world.

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