Fortive Corp
FTV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.z@wS@nB | LOCK|!lGK& | LOCK|#>CT%^F# |
Fortive Earnings: Full-Year Guidance Cut Due to Tariffs and Softness in Precision Technologies
Narrow-moat-rated Fortive reported first-quarter adjusted EPS of $0.85, in line with management's guidance. We've lowered our fair value estimate to $87 from $90, which reflects our more muted near-term revenue growth projections for the precision technologies business. We see the name as undervalued, with shares currently trading in 4-star territory.
