Fortrea Holdings Inc. (FTRE)
NASDAQ: FTRE · Real-Time Price · USD
16.87
+0.02 (0.12%)
Nov 4, 2024, 4:00 PM EST - Market closed
Fortrea Holdings Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Fortrea Holdings stock have an average target of 23.6, with a low estimate of 20 and a high estimate of 30. The average target predicts an increase of 39.89% from the current stock price of 16.87.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for FTRE stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 3 | 3 | 2 | 1 | 1 | 1 |
| Hold | 4 | 5 | 6 | 7 | 8 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $21 → $20 | Hold | Maintains | $21 → $20 | +18.55% | Oct 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $22 → $20 | Hold | Maintains | $22 → $20 | +18.55% | Oct 8, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $26 → $23 | Hold | Maintains | $26 → $23 | +36.34% | Oct 8, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $25 → $21 | Strong Buy → Hold | Downgrades | $25 → $21 | +24.48% | Sep 25, 2024 |
| William Blair | William Blair | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Sep 11, 2024 |
Financial Forecast
Revenue This Year
2.75B
from 3.11B
Decreased by -11.51%
Revenue Next Year
2.76B
from 2.75B
Increased by 0.44%
EPS This Year
0.55
from -0.04
EPS Next Year
1.32
from 0.55
Increased by 141.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.9B | 3.0B | 3.2B | ||
| Avg | 2.8B | 2.8B | 2.9B | ||
| Low | 2.6B | 2.6B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -8.3% | 8.3% | 14.8% | ||
| Avg | -11.5% | 0.4% | 4.6% | ||
| Low | -16.2% | -6.2% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.71 | 1.62 | 2.07 | ||
| Avg | 0.55 | 1.32 | 1.72 | ||
| Low | 0.29 | 0.77 | 0.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 195.3% | 56.6% | ||
| Avg | - | 141.3% | 30.0% | ||
| Low | - | 41.4% | -31.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.