Fortrea Holdings Inc. Common Stock

FTRENASDAQUSD
13.50 USD
0.16 (1.17%)🟢LIVE (AS OF 03:27 PM EDT)
🟢Market: OPEN
Open?$13.75
High?$14.23
Low?$13.16
Prev. Close?$13.66
Volume?506.5K
Avg. Volume?1.4M
VWAP?$13.65
Rel. Volume?0.36x
Bid / Ask
Bid?$13.45 × 100
Ask?$15.35 × 100
Spread?$1.90
Midpoint?$14.40
Valuation & Ratios
Market Cap?1.3B
Shares Out?94.6M
Float?93.0M
Float %?99.5%
P/E Ratio?N/A
P/B Ratio?2.46
EPS?-$4.72
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Fortrea is a global, late-stage contract research organization that provides comprehensive phase 1 through phase 4 clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion.
Employees
14.0K
Market Cap
1.3B
Industry
SERVICES-MEDICAL LABORATORIES
Listed
2023-06-16
Address
8 MOORE DRIVE
DURHAM, NC 27709
Phone: 877-495-0816
Technical Outlook
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Fundamental Outlook
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Short Interest
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Financial Health
Current Ratio?0.95Weak
Quick Ratio?0.95Weak
Cash Ratio?0.16Low
Debt/Equity?2.00High
ValuationATTRACTIVELY VALUED
Score
87/100
P/E?
N/A
P/B?
2.46CHEAP
P/S?
0.48CHEAP
P/FCF?
6.8CHEAP
EV/EBITDA?
29.0HIGH
EV/Sales?
0.81CHEAP
Returns & Efficiency
ROE?
-85.0%WEAK
ROA?
-16.7%WEAK
Cash Flow & Enterprise
FCF?$190.4M
Enterprise Value?$2.2B
Fundamentals ratios updated end of day