Analysts See $0.69 EPS for Fortive (FTV); Anchor Bolt Capital LP Has Trimmed U S Silica Hldgs (SLCA) Holding

July 7, 2017 - By Stephen Andrade

Analysts expect Fortive Corp (NYSE:FTV) to report $0.69 EPS on August, 1.They anticipate $0.06 EPS change or 9.52% from last quarter’s $0.63 EPS. FTV’s profit would be $238.07 million giving it 23.13 P/E if the $0.69 EPS is correct. After having $0.60 EPS previously, Fortive Corp’s analysts see 15.00% EPS growth. About 345,236 shares traded. Fortive Corp (NYSE:FTV) has 0.00% since July 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Anchor Bolt Capital Lp decreased U S Silica Hldgs Inc (SLCA) stake by 58.73% reported in 2016Q4 SEC filing. Anchor Bolt Capital Lp sold 431,103 shares as U S Silica Hldgs Inc (SLCA)’s stock declined 29.01%. The Anchor Bolt Capital Lp holds 302,886 shares with $17.17M value, down from 733,989 last quarter. U S Silica Hldgs Inc now has $2.47 billion valuation. The stock declined 6.48% or $2.24 reaching $32.31 per share. About 3.51M shares traded or 38.19% up from the average. U.S. Silica Holdings Inc (NYSE:SLCA) has risen 57.03% since July 7, 2016 and is uptrending. It has outperformed by 40.33% the S&P500.

Fortive Corporation is a diversified industrial growth company. The company has market cap of $22.03 billion. The Firm designs, develops, makes and markets professional and engineered products, software and services for a range of end markets. It has a 25.01 P/E ratio. The Firm operates through two divisions: Professional Instrumentation and Industrial Technologies.

Among 8 analysts covering Fortive (NYSE:FTV), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Fortive had 8 analyst reports since July 6, 2016 according to SRatingsIntel. RBC Capital Markets initiated Fortive Corp (NYSE:FTV) rating on Thursday, March 23. RBC Capital Markets has “Sector Perform” rating and $63 target. The firm has “Outperform” rating by Credit Suisse given on Friday, January 13. SunTrust upgraded it to “Buy” rating and $67 target in Thursday, March 30 report. The stock of Fortive Corp (NYSE:FTV) has “Neutral” rating given on Friday, July 8 by Robert W. Baird. Barclays Capital initiated the stock with “Overweight” rating in Wednesday, July 6 report. The firm earned “Outperform” rating on Friday, September 23 by Raymond James. On Friday, March 24 the stock rating was upgraded by JP Morgan to “Overweight”. On Wednesday, March 29 the stock rating was upgraded by Suntrust Robinson to “Buy”.

Analysts await U.S. Silica Holdings Inc (NYSE:SLCA) to report earnings on August, 1. They expect $0.34 EPS, up 300.00% or $0.51 from last year’s $-0.17 per share. SLCA’s profit will be $25.99M for 23.76 P/E if the $0.34 EPS becomes a reality. After $0.09 actual EPS reported by U.S. Silica Holdings Inc for the previous quarter, Wall Street now forecasts 277.78% EPS growth.

Anchor Bolt Capital Lp increased American Axle & Mfg Hldgs In (NYSE:AXL) stake by 1.11 million shares to 3.98M valued at $76.88 million in 2016Q4. It also upped Mobileye N V Amstelveen (NYSE:MBLY) stake by 469,577 shares and now owns 1.41M shares. Sealed Air Corp New (NYSE:SEE) was raised too.

Among 22 analysts covering U.S. Silica (NYSE:SLCA), 18 have Buy rating, 1 Sell and 3 Hold. Therefore 82% are positive. U.S. Silica had 60 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained U.S. Silica Holdings Inc (NYSE:SLCA) rating on Thursday, July 30. RBC Capital Markets has “Outperform” rating and $28 target. Cowen & Co maintained U.S. Silica Holdings Inc (NYSE:SLCA) rating on Friday, December 2. Cowen & Co has “Outperform” rating and $59 target. The rating was maintained by Howard Weil with “Sector Perform” on Thursday, July 30. The firm has “Neutral” rating by DA Davidson given on Monday, June 13. The firm earned “Buy” rating on Friday, December 16 by Goldman Sachs. Jefferies maintained it with “Buy” rating and $6500 target in Tuesday, May 30 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, February 24. Jefferies downgraded the shares of SLCA in report on Friday, September 11 to “Underperform” rating. On Thursday, April 28 the stock rating was maintained by Morgan Stanley with “Overweight”. Citigroup maintained it with “Buy” rating and $40 target in Wednesday, July 13 report.