Fortrea Holdings Inc. Common Stock

FTRENASDAQUSD
18.54 USD
0.01 (0.05%)🟢PRE MARKET (AS OF 04:07 AM EDT)
🟢Market: OPEN

Shares of Fortrea Holdings Inc. Common Stock (FTRE) are trading at $18.54. The stock presents a mixed profile: our models indicate a Strong Buy for technical indicators, while underlying fundamentals flash a Sell. 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 Aug 26, 2026.

Open?$18.52
High?$18.54
Low?$18.52
Prev. Close?$18.53
Volume?N/A
Avg. Volume?1.5M
Bid / Ask
Bid?$14.70 × 100
Ask?$21.85 × 100
Spread?$7.15
Midpoint?$18.28
Valuation & Ratios
Market Cap?1.8B
Shares Out?95.1M
Float?93.8M
Float %?99.2%
P/E Ratio?N/A
P/B Ratio?3.36
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
1.8B
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(+1/3)
Short-Term (Ripple)? Bullish(+3/3)
MA Alignment?Golden Alignment
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
40
Z-Score?
1
Momentum?
55
Short Sent.?
34
Piotroski F-Score?4/9Mixed
Altman Z-Score?-0.98Distress
Confidence?61%Moderate
Full Fundamental Analysis →
Short InterestHigh
Short % of Float?12.26%High
Short Interest?11.5M
Days to Cover?6.9
Free Float93.8M
Avg Daily Volume1.7M
Settlement Date2026-08-14
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
50
3.36FAIR
P/S?
Peers
100
S&P
93
0.66CHEAP
P/FCF?
Peers
100
S&P
91
9.0CHEAP
EV/EBITDA?
Peers
100
S&P
15
25.4HIGH
EV/Sales?
Peers
100
S&P
92
0.99CHEAP
Returns & Efficiency
ROE?
S&P
8
-16.3%WEAK
ROA?
S&P
3
-3.1%WEAK
Cash Flow & Enterprise
FCF?$196.0M
Enterprise Value?$2.6B
Fundamentals ratios updated end of day