Fortive Corp
FTV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.gq?vmvx | LOCK|^&>? | LOCK|%f$bZqR |
Fortive Earnings: Encouraging Order Trends, Especially in Precision Technologies
Narrow-moat-rated Fortive finished 2024 on a solid note, as its full-year adjusted EPS of $3.89 came in $0.02 above our estimate. After rolling our model forward one year, we’ve raised our fair value estimate to $90 from $88, which reflects our slightly more optimistic midcycle operating margin assumptions and time value of money.
