Fortrea Holdings Stock Today
| FTRE Stock | 9.26 0.38 3.94% |
PerformanceVery Weak
| Odds Of DistressBelow Average
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Fortrea Holdings is trading at 9.26 as of the 19th of March 2025, a 3.94% down since the beginning of the trading day. The stock's lowest day price was 9.2. Fortrea Holdings has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 3rd of July 2023 | Category Healthcare | Classification Health Care |
Fortrea Holdings is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 90.2 M outstanding shares of which 7.3 M shares are currently shorted by private and institutional investors with about 5.34 trading days to cover. More on Fortrea Holdings
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Moving against Fortrea Stock
Follow Valuation Options Odds of Bankruptcy
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Fortrea Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | Thomas Pike | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Healthcare (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Life Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, SP Small-Cap 600, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Healthcare, Health Care, Life Sciences Tools & Services, Diagnostics & Research, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsFortrea Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortrea Holdings' financial leverage. It provides some insight into what part of Fortrea Holdings' total assets is financed by creditors.
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Fortrea Holdings (FTRE) is traded on NASDAQ Exchange in USA. It is located in 8 Moore Drive, Durham, NC, United States, 27709 and employs 15,500 people. Fortrea Holdings is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 899.29 M. Fortrea Holdings conducts business under Life Sciences Tools & Services sector and is part of Health Care industry. The entity has 90.2 M outstanding shares of which 7.3 M shares are currently shorted by private and institutional investors with about 5.34 trading days to cover.
Fortrea Holdings generates positive cash flow from operations, but has no cash available
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Ownership AllocationFortrea Holdings holds a total of 90.2 Million outstanding shares. The majority of Fortrea Holdings outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fortrea Holdings to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fortrea Holdings. Please pay attention to any change in the institutional holdings of Fortrea Holdings as this could imply that something significant has changed or is about to change at the company. Also note that almost nine hundred two invesors are currently shorting Fortrea Holdings expressing very little confidence in its future performance.
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Fortrea Holdings Historical Income Statement
Fortrea Stock Against Markets
Fortrea Holdings Corporate Management
| Stillman JD | General Secretary | Profile | |
| Amanda Warren | Chief Officer | Profile | |
| Alejandro Galindo | Chief Officer | Profile | |
| Jill McConnell | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortrea Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortrea Holdings. If investors know Fortrea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortrea Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share (3.03) | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.