Morgan Stanley downgraded Fortive Corp (FTV) to Equal-Weight from Overweight on September 1, 2025. The stock currently trades at $52.84.
This move underscores increased caution regarding Fortive's outlook, potentially reflecting concerns about competitive pressures and market conditions that may impact performance.
Fortive operates in the machinery industry, focusing on the design, development, manufacturing, and marketing of professional and engineered products. The company, headquartered in Everett, Washington, employs 18,000 full-time staff. It has a market capitalization of $16.0 billion and a P/E ratio of 26.61. Fortive's next earnings report is expected on July 28, 2026, with an estimated EPS of $0.68 and revenue of $1.1 billion.
Analyst ratings provide insights based on research and financial models. However, they reflect assumptions that may not materialize. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions. Analyst opinions can change over time as new information emerges, and different analysts may hold varying views on the same company.