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Fortive (FTV) Competitors

$74.44
+0.94 (+1.28%)
(As of 05/31/2024 ET)

FTV vs. ROP, AME, KEYS, MKSI, CGNX, ST, MLAB, SENS, HURC, and CLIR

Should you be buying Fortive stock or one of its competitors? The main competitors of Fortive include Roper Technologies (ROP), AMETEK (AME), Keysight Technologies (KEYS), MKS Instruments (MKSI), Cognex (CGNX), Sensata Technologies (ST), Mesa Laboratories (MLAB), Senseonics (SENS), Hurco Companies (HURC), and ClearSign Technologies (CLIR). These companies are all part of the "process control instruments" industry.

Fortive vs.

Roper Technologies (NYSE:ROP) and Fortive (NYSE:FTV) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, community ranking, earnings, risk, institutional ownership, profitability and dividends.

Roper Technologies received 162 more outperform votes than Fortive when rated by MarketBeat users. Likewise, 65.24% of users gave Roper Technologies an outperform vote while only 59.75% of users gave Fortive an outperform vote.

CompanyUnderperformOutperform
Roper TechnologiesOutperform Votes
548
65.24%
Underperform Votes
292
34.76%
FortiveOutperform Votes
386
59.75%
Underperform Votes
260
40.25%

Roper Technologies has a beta of 1, indicating that its stock price has a similar volatility profile to the S&P 500.Comparatively, Fortive has a beta of 1.15, indicating that its stock price is 15% more volatile than the S&P 500.

Roper Technologies has higher revenue and earnings than Fortive. Fortive is trading at a lower price-to-earnings ratio than Roper Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Roper Technologies$6.39B8.93$1.38B$13.7838.66
Fortive$6.07B4.32$865.80M$2.5329.42

Roper Technologies pays an annual dividend of $3.00 per share and has a dividend yield of 0.6%. Fortive pays an annual dividend of $0.32 per share and has a dividend yield of 0.4%. Roper Technologies pays out 21.8% of its earnings in the form of a dividend. Fortive pays out 12.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Roper Technologies has increased its dividend for 2 consecutive years and Fortive has increased its dividend for 1 consecutive years. Roper Technologies is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

93.3% of Roper Technologies shares are owned by institutional investors. Comparatively, 94.9% of Fortive shares are owned by institutional investors. 0.9% of Roper Technologies shares are owned by insiders. Comparatively, 1.0% of Fortive shares 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.

In the previous week, Roper Technologies had 3 more articles in the media than Fortive. MarketBeat recorded 10 mentions for Roper Technologies and 7 mentions for Fortive. Roper Technologies' average media sentiment score of 1.48 beat Fortive's score of 1.05 indicating that Fortive is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Roper Technologies
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortive
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Roper Technologies presently has a consensus price target of $584.82, indicating a potential upside of 9.77%. Fortive has a consensus price target of $86.46, indicating a potential upside of 16.15%. Given Roper Technologies' higher probable upside, analysts plainly believe Fortive is more favorable than Roper Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Roper Technologies
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90
Fortive
0 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.46

Roper Technologies has a net margin of 23.21% compared to Roper Technologies' net margin of 14.68%. Roper Technologies' return on equity of 12.22% beat Fortive's return on equity.

Company Net Margins Return on Equity Return on Assets
Roper Technologies23.21% 10.75% 6.52%
Fortive 14.68%12.22%7.59%

Summary

Roper Technologies beats Fortive on 14 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FTV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FTV vs. The Competition

MetricFortiveProcess control instruments IndustryComputer SectorNYSE Exchange
Market Cap$26.21B$21.21B$21.46B$17.79B
Dividend Yield0.43%0.97%2.70%3.55%
P/E Ratio29.4275.73240.3225.81
Price / Sales4.324.78537.8411.40
Price / Cash15.4217.4230.6818.95
Price / Book2.503.636.505.90
Net Income$865.80M$474.99M$629.81M$976.46M
7 Day Performance-1.91%-2.65%-0.69%0.62%
1 Month Performance-1.33%2.11%2.80%4.79%
1 Year Performance13.70%10.19%27.68%24.00%

Fortive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ROP
Roper Technologies
2.4336 of 5 stars
$532.76
+1.2%
$584.82
+9.8%
+17.7%$57.03B$6.39B38.6616,800Analyst Revision
Positive News
AME
AMETEK
3.7045 of 5 stars
$169.68
+1.2%
$181.64
+7.0%
+15.4%$38.82B$6.60B29.8221,500Positive News
KEYS
Keysight Technologies
4.6732 of 5 stars
$138.49
+0.0%
$166.33
+20.1%
-15.1%$24.17B$5.46B30.1714,900Positive News
High Trading Volume
MKSI
MKS Instruments
4.1005 of 5 stars
$126.59
-2.1%
$141.25
+11.6%
+27.7%$8.67B$3.62B-4.7410,200Short Interest ↑
Analyst Revision
CGNX
Cognex
4.4754 of 5 stars
$45.52
+0.1%
$49.15
+8.0%
-18.2%$7.81B$837.55M78.482,992Short Interest ↑
Positive News
ST
Sensata Technologies
3.7053 of 5 stars
$41.32
+2.0%
$43.78
+5.9%
-1.3%$6.10B$4.05B-375.6019,400Short Interest ↑
Positive News
MLAB
Mesa Laboratories
3.0184 of 5 stars
$95.70
-13.3%
$130.00
+35.8%
-25.4%$596.15M$219.08M562.97698Short Interest ↑
News Coverage
High Trading Volume
SENS
Senseonics
0.8077 of 5 stars
$0.43
flat
$1.25
+190.7%
N/A$229.40M$22.39M-3.07132Analyst Forecast
HURC
Hurco Companies
2.2258 of 5 stars
$17.84
-0.9%
N/A-15.8%$117.11M$227.81M84.95716Upcoming Earnings
Short Interest ↓
Positive News
CLIR
ClearSign Technologies
2.0384 of 5 stars
$0.83
+5.1%
$6.00
+623.0%
-46.5%$36.46M$2.40M-6.9215Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage

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This page (NYSE:FTV) was last updated on 6/2/2024 by MarketBeat.com Staff

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