Fortive (FTV) Slides As Valuation Debate Builds, Is It A Bargain?

Fortive (FTV) has been drawing attention after recent share performance, with the stock down about 7% over the past month and roughly 10% over the past 3 months from its last close of US$55.41. That short-term slide sits in contrast to Fortive’s longer record, where the 1-year total shareholder return of 13.61% and 5-year total shareholder return of 5.93% show a steadier climb, even as recent share price momentum has cooled. Contrast Fortive’s recent pullback with other industrial and...