Fortrea Holdings Statistics
Total Valuation
FTRE has a market cap or net worth of $1.51 billion. The enterprise value is $2.59 billion.
Important Dates
The next confirmed earnings date is Friday, November 8, 2024, before market open.
| Earnings Date | Nov 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
FTRE has 89.60 million shares outstanding. The number of shares has increased by 0.28% in one year.
| Current Share Class | n/a |
| Shares Outstanding | 89.60M |
| Shares Change (YoY) | +0.28% |
| Shares Change (QoQ) | +0.22% |
| Owned by Insiders (%) | 0.35% |
| Owned by Institutions (%) | 97.47% |
| Float | 74.45M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 14.77 |
| PS Ratio | 0.50 |
| Forward PS | 0.52 |
| PB Ratio | 1.03 |
| P/FCF Ratio | 6.50 |
| PEG Ratio | 1.40 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 44.39, with an EV/FCF ratio of 11.14.
| EV / Earnings | n/a |
| EV / Sales | 0.86 |
| EV / EBITDA | 44.39 |
| EV / EBIT | n/a |
| EV / FCF | 11.14 |
Financial Position
The company has a current ratio of 1.19, with a Debt / Equity ratio of 0.82.
| Current Ratio | 1.19 |
| Quick Ratio | 1.02 |
| Debt / Equity | 0.82 |
| Debt / EBITDA | 13.84 |
| Debt / FCF | 5.18 |
| Interest Coverage | -0.25 |
Financial Efficiency
Return on equity (ROE) is -13.42% and return on invested capital (ROIC) is -0.76%.
| Return on Equity (ROE) | -13.42% |
| Return on Assets (ROA) | -0.59% |
| Return on Capital (ROIC) | -0.76% |
| Revenue Per Employee | $167,472 |
| Profits Per Employee | -$15,894 |
| Employee Count | 18,000 |
| Asset Turnover | 0.76 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, FTRE has paid $6.20 million in taxes.
| Income Tax | 6.20M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -43.48% in the last 52 weeks.
| Beta (5Y) | n/a |
| 52-Week Price Change | -43.48% |
| 50-Day Moving Average | 19.99 |
| 200-Day Moving Average | 28.11 |
| Relative Strength Index (RSI) | 35.14 |
| Average Volume (20 Days) | 998,761 |
Short Selling Information
The latest short interest is 7.29 million, so 8.13% of the outstanding shares have been sold short.
| Short Interest | 7.29M |
| Short Previous Month | 7.29M |
| Short % of Shares Out | 8.13% |
| Short % of Float | 9.79% |
| Short Ratio (days to cover) | 3.69 |
Income Statement
In the last 12 months, FTRE had revenue of $3.01 billion and -$286.10 million in losses. Loss per share was -$3.22.
| Revenue | 3.01B |
| Gross Profit | 456.60M |
| Operating Income | -37.10M |
| Pretax Income | -283.50M |
| Net Income | -286.10M |
| EBITDA | 58.30M |
| EBIT | -37.10M |
| Loss Per Share | -$3.22 |
Full Income StatementBalance Sheet
The company has $127.30 million in cash and $1.20 billion in debt, giving a net cash position of -$1.08 billion or -$12.01 per share.
| Cash & Cash Equivalents | 127.30M |
| Total Debt | 1.20B |
| Net Cash | -1.08B |
| Net Cash Per Share | -$12.01 |
| Equity (Book Value) | 1.46B |
| Book Value Per Share | 16.33 |
| Working Capital | 138.70M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $267.40 million and capital expenditures -$35.00 million, giving a free cash flow of $232.40 million.
| Operating Cash Flow | 267.40M |
| Capital Expenditures | -35.00M |
| Free Cash Flow | 232.40M |
| FCF Per Share | $2.59 |
Full Cash Flow StatementMargins
Gross margin is 15.15%, with operating and profit margins of -1.23% and -9.49%.
| Gross Margin | 15.15% |
| Operating Margin | -1.23% |
| Pretax Margin | -6.94% |
| Profit Margin | -9.49% |
| EBITDA Margin | 1.93% |
| EBIT Margin | -1.23% |
| FCF Margin | 8.16% |
Dividends & Yields
FTRE does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.28% |
| Shareholder Yield | -0.28% |
| Earnings Yield | -18.93% |
| FCF Yield | 15.37% |
Dividend DetailsAnalyst Forecast
The average price target for FTRE is $23.60, which is 39.89% higher than the current price. The consensus rating is "Hold".
| Price Target | $23.60 |
| Price Target Difference | 39.89% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 3.51% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
FTRE has an Altman Z-Score of 1.53 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.53 |
| Piotroski F-Score | 3 |