$17.67
Closed
-(-)

At close

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About

Fortrea Holdings, Inc. engages in the provision of clinical development and commercialization services. The company is headquartered in Durham, North Carolina and currently employs 14,300 full-time employees. The company went IPO on 2023-06-16. The firm is engaged in providing biopharmaceutical product and medical device development services to pharmaceutical, biotechnology and medical device customers. The firm offers customers flexible delivery models that include full service, functional service provider, and hybrid service structures. The company provides phase I-IV clinical trial management, clinical pharmacology and consulting services. The firm manages its business through a single segment, Clinical Services, that provides services across the clinical pharmacology and clinical development spectrum. The firm has access to all key markets worldwide through a footprint of primary office locations in five countries (the United States, the United Kingdom, China, India and Singapore) with field operations in other jurisdictions worldwide.
Country

US

CEO

Mr. Anshul Thakrala

IPO date

2023

Employees

14,000

ISIN

US34965K1079

Key stats

Open

$16.88

Volume

971.85K

Market cap

$1.61B

Prev. close

$17.67

Impl / hst vl

-

Open interest

$0.00

$16.76

Day’s Range

$17.87

$8.55

52W Range

$18.67

Valuation

11
Valuation score
Strongly Overvalued
P/E
-
P/S
0.59
P/B
3.06
Current ratio
0.95
Debt / Equity
1.72
ROE
-79.12%
Gross margin
19.42%
Income growth
-27.38%
FCF growth
-120.56

Analysts estimates

Consensus rating
Buy

The average rating from top 6 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$17.19
The top 12 analysts forecasts that 12-month price may decrease by 2.73%, with a low of $9.60 and a high of $21.00
$9.60
Low
$17.19
Avg
$21.00
High
Current price

Earnings

Q1 ‘26 revenue
$636.50M
Q1 ‘26 net income
-$23.60M
Revenue
Net income
Previous EPS
$0.16
Estimate EPS
$0.18
Actual EPS
Estimate EPS
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