Fortrea Holdings Statistics
Total Valuation
FTRE has a market cap or net worth of $2.33 billion. The enterprise value is $3.92 billion.
| Market Cap | 2.33B |
| Enterprise Value | 3.92B |
Important Dates
The next confirmed earnings date is Monday, August 12, 2024, before market open.
| Earnings Date | Aug 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
FTRE has 89.37 million shares outstanding. The number of shares has increased by 1.13% in one year.
| Shares Outstanding | 89.37M |
| Shares Change (YoY) | +1.13% |
| Shares Change (QoQ) | +0.68% |
| Owned by Insiders (%) | 0.13% |
| Owned by Institutions (%) | 107.39% |
| Float | 75.14M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 24.97 |
| PS Ratio | 0.77 |
| Forward PS | 0.80 |
| PB Ratio | 1.46 |
| P/FCF Ratio | 20.48 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 35.63, with an EV/FCF ratio of 34.53.
| EV / Earnings | n/a |
| EV / Sales | 1.30 |
| EV / EBITDA | 35.63 |
| EV / EBIT | n/a |
| EV / FCF | 34.53 |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 1.06.
| Current Ratio | 1.47 |
| Quick Ratio | 1.26 |
| Debt / Equity | 1.06 |
| Debt / EBITDA | 15.34 |
| Debt / FCF | 14.87 |
| Interest Coverage | -0.12 |
Financial Efficiency
Return on equity (ROE) is -7.20% and return on invested capital (ROIC) is -0.01%.
| Return on Equity (ROE) | -7.20% |
| Return on Assets (ROA) | -2.80% |
| Return on Capital (ROIC) | -0.01% |
| Revenue Per Employee | $158,258 |
| Profits Per Employee | -$6,411 |
| Employee Count | 19,000 |
| Asset Turnover | 0.70 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, FTRE has paid $4.90 million in taxes.
| Income Tax | 4.90M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -21.97% in the last 52 weeks.
| Beta (5Y) | n/a |
| 52-Week Price Change | -21.97% |
| 50-Day Moving Average | 25.78 |
| 200-Day Moving Average | 31.59 |
| Relative Strength Index (RSI) | 54.35 |
| Average Volume (20 Days) | 1,435,530 |
Short Selling Information
The latest short interest is 9.40 million, so 10.51% of the outstanding shares have been sold short.
| Short Interest | 9.40M |
| Short Previous Month | 8.97M |
| Short % of Shares Out | 10.51% |
| Short % of Float | 12.51% |
| Short Ratio (days to cover) | 4.66 |
Income Statement
In the last 12 months, FTRE had revenue of $3.01 billion and -$121.80 million in losses. Loss per share was -$1.37.
| Revenue | 3.01B |
| Gross Profit | 500.30M |
| Operating Income | -300,000 |
| Pretax Income | -116.90M |
| Net Income | -121.80M |
| EBITDA | 110.10M |
| EBIT | -12.80M |
| Loss Per Share | -$1.37 |
Balance Sheet
The company has $92.80 million in cash and $1.69 billion in debt, giving a net cash position of -$1.60 billion or -$17.86 per share.
| Cash & Cash Equivalents | 92.80M |
| Total Debt | 1.69B |
| Net Cash | -1.60B |
| Net Cash Per Share | -$17.86 |
| Equity (Book Value) | 1.59B |
| Book Value Per Share | 17.81 |
| Working Capital | 381.70M |
Cash Flow
In the last 12 months, operating cash flow was $138.40 million and capital expenditures -$24.80 million, giving a free cash flow of $113.60 million.
| Operating Cash Flow | 138.40M |
| Capital Expenditures | -24.80M |
| Free Cash Flow | 113.60M |
| FCF Per Share | $1.27 |
Margins
Gross margin is 16.64%, with operating and profit margins of -0.01% and -4.05%.
| Gross Margin | 16.64% |
| Operating Margin | -0.01% |
| Pretax Margin | -3.89% |
| Profit Margin | -4.05% |
| EBITDA Margin | 3.66% |
| EBIT Margin | -0.43% |
| FCF Margin | 3.78% |
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 | -1.13% |
| Shareholder Yield | -1.13% |
| Earnings Yield | -5.24% |
| FCF Yield | 4.88% |
Analyst Forecast
The average price target for FTRE is $32.20, which is 23.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $32.20 |
| Price Target Difference | 23.70% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 3.51% |
| EPS Growth Forecast (5Y) | n/a |
Stock 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 1.28 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.28 |
| Piotroski F-Score | 2 |