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Market Cap 2.66B P/E 187.50 EPS this Y -60.70% Ern Qtrly Grth -
Income -215.5M Forward P/E - EPS next Y 141.80% 50D Avg Chg -9.00%
Sales 3.01B PEG -4.06 EPS past 5Y - 200D Avg Chg -9.00%
Dividend N/A Price/Book EPS next 5Y -8.80% 52W High Chg -20.00%
Recommedations 2.70 Quick Ratio 1.02 Shares Outstanding 89.60M 52W Low Chg 1.00%
Insider Own 0.28% ROA -0.59% Shares Float 74.45M Beta -
Inst Own 115.67% ROE -13.42% Shares Shorted/Prior 7.37M/6.67M Price 30.00
Gross Margin 15.15% Profit Margin -9.49% Avg. Volume 2,714,674 Target Price 23.70
Oper. Margin -6.11% Earnings Date Nov 11 Volume 1,554,060 Change -2.63%
About Fortrea Holdings Inc.

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. News
12/07/24 Fortrea downgraded to Neutral from Outperform at Baird
12/05/24 Maravai LifeSciences Appoints R. Andrew Eckert as Chairman of the Board of Directors
04:15 PM Fortrea to Present at the Citi Global Healthcare Conference
04:15 PM Fortrea to Present at the Evercore HealthCONx Conference
11/12/24 US$24.56 - That's What Analysts Think Fortrea Holdings Inc. (NASDAQ:FTRE) Is Worth After These Results
11/12/24 Fortrea price target raised to $30 from $28 at Baird
11/10/24 Fortrea Holdings Third Quarter 2024 Earnings: EPS Beats Expectations
11/09/24 Fortrea Holdings Inc (FTRE) Q3 2024 Earnings Call Highlights: Navigating Challenges and Seizing ...
11/08/24 Fortrea Stock Explodes 37%--Investors Are Eyeing Massive Gains
11/08/24 Fortrea Reports Third Quarter 2024 Results
10/17/24 Fortrea Releases Inaugural Corporate Social Responsibility Report
10/14/24 Fortrea Announces Date for Third Quarter 2024 Financial Results and Conference Call
08/18/24 Fortrea Holdings Second Quarter 2024 Earnings: Misses Expectations
08/16/24 Insider Stock Buying Reaches US$1.08m On Fortrea Holdings
08/12/24 Fortrea Reports Second Quarter 2024 Results
07/17/24 Fortrea Announces Date for Second Quarter 2024 Financial Results and Conference Call
07/11/24 Fortrea Appoints Robert Parks as Chief Accounting Officer
06/27/24 Fortrea Launches AI Innovation Studio to Galvanize Technology and Human Solutions to Improve Clinical Trial Delivery
06/19/24 Fortrea to Participate in Virtual Fireside Chat with Evercore ISI
06/04/24 Fortrea Completes Divestiture of Endpoint Clinical and Patient Access Businesses to Arsenal Capital Partners
FTRE Chatroom

User Image FTREtoDaMoon Posted - 1 week ago

$FTRE gorgeous entry point easy 10% in a month if u were looking for a short term trade

User Image FTREtoDaMoon Posted - 1 week ago

$FTRE beautiful entry at 19.03. Added here

User Image UncleStock Posted - 1 week ago

$AAT $TRTX $CLDT $FTRE suggested for Mohanram - value screen: https://zpr.io/Py36cAnPfcbT

User Image AStrokeOfLuck Posted - 1 week ago

$FTRE

User Image FTREtoDaMoon Posted - 1 week ago

$FTRE

User Image FTREtoDaMoon Posted - 1 week ago

$FTRE

User Image UncleStock Posted - 1 week ago

$AAT $TRTX $CLDT $FTRE suggested for Mohanram - value screen: https://zpr.io/Py36cAnPfcbT

User Image UncleStock Posted - 2 weeks ago

$AAT $TRTX $CLDT $FTRE suggested for Mohanram - value screen: https://zpr.io/Py36cAnPfcbT

User Image AStrokeOfLuck Posted - 2 weeks ago

$FTRE Today:

User Image AStrokeOfLuck Posted - 2 weeks ago

$FTRE Fortrea (NASDAQ:FTRE) dropped 9% after the contract research organization was downgraded at Baird to neutral from outperform after the company suddenly cancelled from several conferences. "Given our ongoing concerns around the sector, FTRE’s choppy history post spin, and lack of clarity on the abrupt communications course change, we cannot recommend an actionable investment (buy or sell)," Baird analyst Eric Coldwell wrote in a note on Friday. Fortrea (FTRE) abruptly cancelled from two conferences this week and a planned non-deal-roadshow with Baird, according to Coldwell and traders told Seeking Alpha on Thursday. “We’ve made a decision not to communicate until after the close of the quarter," Fortrea told Baird, which has a $25 price target on FTRE. "We have no further comments.”

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE they always play with it. Good things ahead great value

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE the analysts run this one lol

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE they clearly play with this

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE $FTRE it’s happening soon! The analysts are attacking this. Look at Patterson company days before it went private at a 35% premium! All lowered price targets.

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE read a lot of employee reviews and some of the things employees are saying on Reddit. A takeover is happening here. Layoff central this will be purchased at a premium

User Image UncleStock Posted - 2 weeks ago

$AAT $TRTX $CLDT $FTRE suggested for Mohanram - value screen: https://zpr.io/Py36cAnPfcbT

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE I did a lot of research and this is a long shot but previous companies that have pulled out of conferences have been acquired as soon as a few days after. They all seem to be that way so we will see!

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE if I am being more specific I’d guess before the workers go for winter break so very soon!

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE they know something!

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE nobody places a 2.5 million dollar bet on a small cap with no recognition for a month out lol

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE next 45 days is when the news is coming out.

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE 90% of these call options expire in late January makes me wonder how soon this news is coming out

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE WTF!!! Another 20k call options purchased

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE Eric coldwell analyst at Baird is a fraud. If we see big news coming guarantee he’s loading up in this today

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE told you they would play with it. Expect some very big news in the next coming months

User Image Thestocktraderhubzee Posted - 2 weeks ago

WATCHLIST DEC 06 2024 $RIG JP Morgan Upgrades Transocean to Neutral, Announces $5 Price Target $ACHR Archer Aviation Announced That It Has Entered Into A Multiparty Collaboration Agreement With Key UAE And Abu Dhabi Entities To Advance The Establishment Of Electric Air Taxi Operations In Abu Dhabi $FUFU BitFuFu Announces November 2024 Production And Mining Operations Update: Says 1,643 BTC Held And 84 BTC Produced From Self-mining Operations In November $FTRE Baird Downgrades Fortrea Holdings to Neutral, Lowers Price Target to $25 $NVS Novartis Announced Topline Results From The APPULSE-PNH Phase 3B Study Of Twice-daily Oral Monotherapy Fabhalta (Iptacopan) In Paroxysmal Nocturnal Hemoglobinuria Patients Who Were Switched From Anti-C5 Therapies, After 24 Weeks Of Treatment With Fabhalta, The Average Hb Level Improved Versus Baseline

User Image trading_momentum Posted - 2 weeks ago

$FTRE in a very clear downtrend at the moment, not a name that you want to be trading here. Let this one form a base first and consolidate and break out. Until then, no setup on this one for now. Clear Avoid for now

User Image FTREtoDaMoon Posted - 2 weeks ago

@Mike22332233 I wanted to point out a great play someone sent me this $ftre buyout incoming!

User Image FTREtoDaMoon Posted - 2 weeks ago

$FTRE they gonna play with this extra hard in the short term. Expect a dip to $21

Analyst Ratings
Jefferies Hold Sep 25, 24
William Blair Market Perform Sep 11, 24
Deutsche Bank Hold Aug 20, 24
TD Cowen Hold Aug 13, 24
B of A Securities Underperform Aug 13, 24
Citigroup Buy Aug 13, 24
Barclays Equal-Weight Aug 13, 24
Evercore ISI Group In-Line Aug 13, 24
Baird Outperform Aug 13, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
NEUPERT PETER M Director Director Aug 23 Buy 25.296 11,000 278,256 21,996 08/23/23
Pike Thomas Chief Executive Offi.. Chief Executive Officer Aug 23 Buy 25.232 20,000 504,640 20,000 08/23/23