Fortrea Holdings Inc. (FTRE) Stock Forecast & Price Target
Fortrea Holdings Inc. · NASDAQ
$20.61+1.41 (+7.34%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering Fortrea Holdings Inc, 5 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $9.50 to $22.00 (about 2.3x), a sign of real disagreement on valuation. The average target of $16.31 sits 21% below the current $20.61. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.21 next quarter toward $1.08 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy563%
Hold338%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to Fortrea Holdings Inc.
As of Jul, 5 of 8 firms rate FTRE a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FTRE EPS & revenue forecast
EPS · NEXT QUARTER
$0.21
Range $0.15 – $0.28 · 11 analysts · +77% YoY
Next period, 11 analysts expect Fortrea Holdings Inc. to earn $0.21 a share (range $0.15 – $0.28), versus $0.12 a year earlier. Full-year consensus is $0.81, growing to $1.08 the year after.
REVENUE · NEXT QUARTER
$657.0M
Range $651.2M – $662.9M · 11 analysts · -6% YoY
Revenue is expected to reach $657.0M (range $651.2M – $662.9M), -6.3% year-over-year. Full-year consensus is $2.6B, rising to $2.7B next year.
Top analysts covering Fortrea Holdings Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FTRE.
#1
Luke Sergott
Barclays · Rank #194
Hold
$18.00-12.7% to target
Overall win rate
41%
+ Follow
#2
Matthew Sykes
Goldman Sachs · Rank #226
Hold
$5.00-75.7% to target
Overall win rate
37%
+ Follow
#3
Patrick Donnelly
Citigroup · Rank #260
Buy
$20.00-3.0% to target
Overall win rate
32%
+ Follow
#4
Ann Hynes
Mizuho
Hold
$16.00-22.4% to target
Coverage
—
+ Follow
#5
EA
Elizabeth Anderson
Evercore ISI Group
Buy
$14.00-32.1% to target
Coverage
—
+ Follow
FTRE stock forecast FAQ
What is FTRE's average 12-month price target?+
The 8 analysts with a live target average $16.31 for Fortrea Holdings Inc. over the next 12 months, ranging from a $22.00 high to a $9.50 low.
Is FTRE stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 5 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FTRE?+
The Street-high target is $22.00 (Truist Securities), and the Street-low is $9.50 (Jefferies). The average of all 8 active targets is $16.31.
How many Wall Street analysts cover FTRE?+
8 analysts have an active rating on Fortrea Holdings Inc., and 8 firms carry a live 12-month price target.
Who is the most accurate analyst covering FTRE?+
Among analysts who currently cover FTRE, Luke Sergott of Barclays has the strongest overall Quantellect track record (Rank #194). Their current call is Hold with a $18.00 target.
What is Fortrea Holdings Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.21 per share (range $0.15 – $0.28) across 11 analysts. Full-year EPS is projected at $0.81, rising to $1.08 the following year.
How much revenue is Fortrea Holdings Inc. expected to report next quarter?+
Consensus revenue is $657.0M (range $651.2M – $662.9M). Full-year revenue is projected at $2.6B, growing to $2.7B next year.
Have analysts been upgrading or downgrading FTRE lately?+
As of Jul, 5 of 8 firms rate FTRE a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FTRE calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
