In the last trading session, 2.28 million shares of the Fortrea Holdings Inc (NASDAQ:FTRE) were traded, and its beta was 2.13. Most recently the company’s share price was $5.51, and it changed around -$0.42 or -7.08% from the last close, which brings the market valuation of the company to $498.87M. FTRE currently trades at a discount to its 52-week high of $37.24, offering almost -575.86% off that amount. The share price’s 52-week low was $4.77, which indicates that the current value has risen by an impressive 13.43% since then.
Fortrea Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.14. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 10 recommended FTRE as a Hold, whereas 1 deemed it a Buy, and 2 rated it as Underweight.
Fortrea Holdings Inc (NASDAQ:FTRE) trade information
Instantly FTRE has showed a red trend with a performance of -7.08% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.38 on recent trading dayincreased the stock’s daily price by 13.64%. The company’s shares are currently down -70.46% year-to-date, but still down -12.95% over the last five days. On the other hand, Fortrea Holdings Inc (NASDAQ:FTRE) is -14.71% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 54.08% from its current value. Analyst projections state that FTRE is forecast to be at a low of $12 and a high of $12.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 3.94%. Fortrea Holdings Inc earnings are expected to increase by 29.48% in 2025, but the outlook is positive 53.66% per year for the next five years.
FTRE Dividends
Fortrea Holdings Inc’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 11.0358% or 9.87 million shares worth $230.27 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 5.55 shares worth $30.59 million, making up 6.13% of all outstanding shares. On the other hand, Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF held roughly 3.46 shares worth around $19.09 million, which represents about 3.83% of the total shares outstanding.
