Fortrea Holdings Inc. Common Stock

FTRENASDAQ • USD
23.83 USD
↗ 0.20 (0.85%)🔴AT CLOSE (AS OF 07:31 PM EDT)
🔴Market: CLOSED

Shares of Fortrea Holdings Inc. Common Stock (FTRE) are trading at $23.83. Technicals currently rate "Strong Buy" while our fundamental analysis reads "Neutral". This is driven by a concerning Altman Z-Score in the distress zone, negative Return on Equity, a bullish Golden Cross on the moving averages and bullish moving average alignment. Valuation metrics suggest FTRE is trading at a discount to its peers, earning an "Attractively Valued" rating.

Technical & fundamental data as of Oct 26, 2026.

Open?$23.63
High?$24.14
Low?$23.63
Prev. Close?$23.63
Volume?1.0M
Avg. Volume?1.8M
VWAP?$23.87
Rel. Volume?0.59x
Bid / Ask
Bid?$23.43 × 100
Ask?$24.15 × 100
Spread?$0.72
Midpoint?$23.79
Valuation & Ratios
Market Cap?2.3B
Shares Out?95.1M
Float?94.3M
Float %?99.2%
P/E Ratio?N/A
P/B Ratio?4.32
EPS?-$0.90
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
2.2B
Industry
SERVICES-MEDICAL LABORATORIES
Listed
2023-06-16
Address
8 MOORE DRIVE
DURHAM, NC 27709
Phone: 877-495-0816
Technical OutlookStrong Buy
Strong SellNeutralStrong Buy
Long-Term (Tide)?▲ Bullish(+2/3)
Medium-Term (Wave)?▲ Bullish(+2/3)
Short-Term (Ripple)?– Neutral(0/3)
MA Alignment?Golden Alignment
Full Technical Analysis →
Fundamental OutlookNeutral
Strong SellNeutralStrong Buy
F-Score?
40
Z-Score?
1
Momentum?
55
Short Sent.?
70
Piotroski F-Score?4/9Mixed
Altman Z-Score?-0.74Distress
Confidence?59%Low
Full Fundamental Analysis →
Short InterestElevated
Short % of Float?8.14%Elevated
Short Interest?7.7M
Days to Cover?4.1
Free Float94.3M
Avg Daily Volume1.9M
Settlement Date2026-10-15
Financial Health
Current Ratio?0.96Weak
Quick Ratio?0.96Weak
Cash Ratio?0.17Low
Debt/Equity?2.01High
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
80/100
P/E?
N/A▾
P/B?
Peers
100
S&P
42
4.32FAIR▾
P/S?
Peers
100
S&P
89
0.85CHEAP▾
P/FCF?
Peers
100
S&P
84
11.6CHEAP▾
EV/EBITDA?
Peers
100
S&P
10
30.3HIGH▾
EV/Sales?
Peers
100
S&P
89
1.18CHEAP▾
Returns & Efficiency
ROE?
S&P
8
-16.3%WEAK▾
ROA?
S&P
3
-3.1%WEAK▾
Cash Flow & Enterprise
FCF?$196.0M
Enterprise Value?$3.2B
Fundamentals ratios updated end of day