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Fortrea Holdings Inc (FTRE)

NASDAQ
Currency in USD
21.58
-0.17(-0.78%)
Closed
Pre Market
21.19-0.39(-1.81%)
FTRE Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
21.1721.76
52 wk Range
16.5341.02
Key Statistics
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Prev. Close
21.58
Open
21.46
Day's Range
21.17-21.76
52 wk Range
16.53-41.02
Volume
847.16K
Average Volume (3m)
1.49M
1-Year Change
-31.8%
Book Value / Share
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Fair Value
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Fair Value Upside
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FTRE Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
24.31
Upside
+12.65%
Members' Sentiments
Bearish
Bullish
ProTips
Valuation implies a strong free cash flow yield
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Fortrea Holdings Company Profile

Fortrea Holdings Inc., a contract research organization, primarily engages in the provision of biopharmaceutical product and medical device development services worldwide. The company operates through two segments: Clinical Services and Enabling Services. The Clinical Services segment provides across the clinical pharmacology and clinical development spectrum. The Enabling Services segment provides patient access and clinical trial technology solutions to customers that streamline complex randomization and optimize the trial drug supply process. The company offers delivery models that include full service, functional service provider, and hybrid service structures. It also offers phase I-IV clinical trial management, differentiated technology enabled trial solutions, and post approval services, as well as consulting services. The company serves pharmaceutical, biotechnology, and medical device organizations. Fortrea Holdings Inc. was incorporated in 2023 and is headquartered in Durham, North Carolina.

Fortrea Holdings Inc SWOT Analysis


Pharma's Powerhouse
Fortrea's strong position in large pharma offsets biotech challenges, promising stable revenue and growth opportunities in a competitive CRO landscape
Financial Crossroads
Explore Fortrea's revised guidance and long-term objectives, including targeted revenue growth and EBITDA margins, amid current industry headwinds
Strategic Realignment
Delve into Fortrea's initiatives to streamline operations, reduce costs, and improve productivity as it transitions to full independence from Labcorp
Market Valuation
Analyst price targets range from $21 to $36, reflecting varied perspectives on Fortrea's potential to overcome near-term challenges and capitalize on strengths
Read full SWOT analysis
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Compare FTRE to Peers and Sector

Metrics to compare
FTRE
Peers
Sector
Relationship
P/E Ratio
−8.9x−6.1x−0.7x
PEG Ratio
0.02−0.090.00
Price/Book
1.3x2.3x2.6x
Price / LTM Sales
0.7x2.9x3.2x
Upside (Analyst Target)
15.8%27.6%46.4%
Fair Value Upside
Unlock12.4%6.9%Unlock

Analysts' Recommendations

3 Buy
8 Hold
1 Sell
Ratings:
11 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 24.31

(+12.65% Upside)

FAQ

What Is the Fortrea Holdings (FTRE) Stock Price Today?

The Fortrea Holdings stock price today is 21.58.

What Stock Exchange Does Fortrea Holdings Trade On?

Fortrea Holdings is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Fortrea Holdings?

The stock symbol for Fortrea Holdings is "FTRE."

What Is the Fortrea Holdings Market Cap?

As of today, Fortrea Holdings market cap is 1.94B.

What is Fortrea Holdings Earnings Per Share?

The Fortrea Holdings EPS is -3.36.

From a Technical Analysis Perspective, Is FTRE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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