Fortive Stock: Is Wall Street Bullish or Bearish?

Everett, Washington-based Fortive Corporation (FTV) is a provider of essential technologies for connected workflow solutions across a range of end markets. With a market cap of $25 billion, the company operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions.

Shares of FTV have lagged behind the broader market over the past 52 weeks. FTV has dropped 4.1% over this period, while the broader S&P 500 Index ($SPX) has gained 12.7%. Moreover, shares of FTV are down 1.8% on a YTD basis, compared to SPX’s marginal return.