In last trading session, Fortrea Holdings Inc (NASDAQ:FTRE) saw 5.92 million shares changing hands with its beta currently measuring 1.81. Company’s recent per share price level of $4.78 trading at -$0.22 or -4.40% at ring of the bell on the day assigns it a market valuation of $432.59M. That closing price of FTRE’s stock is at a discount of -513.39% from its 52-week high price of $29.32 and is indicating a premium of 5.02% from its 52-week low price of $4.54. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.02 million shares which gives us an average trading volume of 2.72 million if we extend that period to 3-months.
For Fortrea Holdings Inc (FTRE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.14. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Fortrea Holdings Inc (NASDAQ:FTRE) trade information
Upright in the red during last session for losing -4.40%, in the last five days FTRE remained trading in the red while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $4.78 price level, adding 40.18% to its value on the day. Fortrea Holdings Inc’s shares saw a change of -74.37% in year-to-date performance and have moved -15.10% in past 5-day. Fortrea Holdings Inc (NASDAQ:FTRE) showed a performance of -10.82% in past 30-days. Number of shares sold short was 8.28 million shares which calculate 3.02 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 60.17% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would drop -151.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -151.05% for stock’s current value.
Fortrea Holdings Inc (FTRE) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 3.94% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 38.34% while estimates for its earnings growth in next 5 years are of 48.95%.
Fortrea Holdings Inc (NASDAQ:FTRE)’s Major holders
Insiders are in possession of 0.34% of company’s total shares while institution are holding 95.53 percent of that, with stock having share float percentage of 95.86%. Investors also watch the number of corporate investors in a company very closely, which is 95.53% institutions for Fortrea Holdings Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at FTRE for having 16.14 million shares of worth $376.64 million. And as of 2024-06-30, it was holding 18.0505 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 9.87 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.0358 of outstanding shares, having a total worth of $230.27 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 5.55 shares of worth $26.54 million or 6.13% of the total outstanding shares. The later fund manager was in possession of 3.46 shares on Jan 31, 2025 , making its stake of worth around $16.56 million in the company or a holder of 3.83% of company’s stock.
