Fortive (FTV)
(Delayed Data from NYSE)
$77.16 USD
-0.17 (-0.22%)
Updated May 17, 2024 04:00 PM ET
3-Hold of 5 3
D Value C Growth C Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
FTV 77.16 -0.17(-0.22%)
Will FTV be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for FTV based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for FTV
All You Need to Know About Fortive (FTV) Rating Upgrade to Buy
Fortive (FTV) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
FTV: What are Zacks experts saying now?
Zacks Private Portfolio Services
Compared to Estimates, Fortive (FTV) Q1 Earnings: A Look at Key Metrics
Fortive (FTV) Beats Q1 Earnings Estimates
Is Amphenol (APH) Stock Outpacing Its Computer and Technology Peers This Year?
Other News for FTV
Wells Fargo Sticks to Their Hold Rating for Fortive (FTV)
Fortive price target lowered by $7 at Argus, here's why
Fortive to Present at the Wolfe Research Global Transportation and Industrials Conference
Fortive Releases 2023 Annual Sustainability Report
CORRECTING and REPLACING Fortive to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024