Initiating Coverage of Fortive With $86 Fair Value Estimate, Narrow Moat, and Exemplary Stewardship
We launch coverage of diversified industrial Fortive with a narrow moat, stable moat trend, Exemplary stewardship, and an $86 fair value estimate. The stock is currently in 3-star territory, trading roughly 10% below our fair value estimate.Fortive was spun off from Danaher in 2016. The firm’s business model, Fortive Business System (FBS), is an extension of the successful Danaher Business System and is rooted in the continuous improvement philosophy. Fortive’s strategy involves acquiring moat-...
Danaher designs, manufactures and markets medical, industrial and commercial products and services. The company's segments include: Life Sciences, which provides research tools to study genes, proteins, metabolites and cells, in order to understand the causes of disease, identify therapies and test drugs and vaccines; Diagnostics, which provides analytical instruments, reagents, consumables, software and services that hospitals, physicians' offices, reference laboratories and other critical care settings use to diagnose disease and make treatment decisions; and Environmental and Applied Solutions, which provides products and services to protect resources and global food and water supplies.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.