Fortrea (FTRE) Stock Insights
FTRE$25.60+1.17 +4.80%
$2.43B
Market Cap
—
P/E
—
Forward P/E
—
Score
Fortrea (FTRE) Stock Insights
FTRE price $25.60 +1.17 +4.80%
- Ticker
- FTRE
- Price
- $25.60
- Change
- +1.17 +4.80%
- Market cap ?
- $2.43B
- Beta ?
- 1.91
- Sector
- Healthcare
- Industry
- Biotechnology
Fair value
FTRE fair value $23.72. Price $25.60. Price is 8% above fair value.
Above fair value, and more expensive than usual. A larger premium than on more than 99% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 150.60M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 95.10M. Net debt 941.40M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-10-29 | — | 0.22 | — | 671.57M |
| 2026-07-29 | 0.23 | 0.18 | 678.20M | 647.57M |
| 2026-05-05 | 0.16 | 0.03 | 636.50M | 628.51M |
| 2026-02-26 | 0.09 | 0.16 | 660.50M | 665.22M |
| 2025-11-05 | 0.12 | 0.16 | 701.30M | 665.22M |
| 2025-08-06 | 0.19 | 0.06 | 710.30M | 623.37M |
| 2025-05-12 | 0.02 | -0.07 | 651.30M | 610.91M |
| 2025-03-03 | 0.18 | 0.36 | 697.00M | 660.98M |
| 2024-11-08 | 0.23 | 0.27 | 674.90M | 703.90M |
| 2024-08-12 | -0.03 | 0.07 | 662.40M | 689.08M |
| 2024-05-13 | -0.04 | -0.01 | 662.10M | 754.58M |
| 2024-03-11 | 0.19 | 0.23 | 775.40M | 779.09M |
| 2023-11-13 | 0.24 | 0.18 | 776.40M | 748.90M |
| 2023-08-14 | 0.52 | 0.39 | 793.00M | 771.51M |
| 2023-06-02 | 0.45 | 0.39 | 693.90M | 771.51M |
| 2022-12-31 | 0.45 | — | 3.10B | — |
| 2022-09-30 | 0.69 | — | 762.30M | — |
| 2022-06-29 | 0.75 | — | 793.10M | — |
| 2022-03-30 | 0.37 | — | 779.00M | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-10 | Knoblauch Jason Fredrick | Buy | 144.43K | — | — |
| 2026-09-09 | Russell Carrie Elizabeth | Sell | 246 | $16.85 | 4.15K |
| 2026-09-09 | Morais Mark A. | Sell | 3.15K | $16.85 | 53.06K |
| 2026-09-08 | Russell Carrie Elizabeth | Sell | 850 | — | — |
| 2026-09-08 | Russell Carrie Elizabeth | Buy | 850 | — | — |
| 2026-09-08 | Morais Mark A. | Buy | 7.16K | — | — |
| 2026-09-08 | Morais Mark A. | Sell | 7.16K | — | — |
| 2026-08-19 | Morais Mark A. | Sell | 4.89K | $18.19 | 88.99K |
| 2026-08-18 | Morais Mark A. | Sell | 11.31K | — | — |
| 2026-08-18 | Morais Mark A. | Buy | 11.31K | — | — |
| 2026-08-07 | Russell Carrie Elizabeth | Other | 0 | — | — |
| 2026-08-07 | Russell Carrie Elizabeth | Other | 15.32K | — | — |
| 2026-08-06 | Thakral Anshul | Sell | 55.88K | $18.17 | 1.02M |
| 2026-08-06 | Thakral Anshul | Sell | 55.98K | $18.06 | 1.01M |
| 2026-08-05 | Thakral Anshul | Sell | 49.45K | $19.03 | 941.07K |
| 2026-08-05 | Thakral Anshul | Sell | 50.42K | $19.28 | 972.04K |
| 2026-08-04 | Thakral Anshul | Sell | 416.67K | — | — |
| 2026-08-04 | Thakral Anshul | Buy | 416.67K | — | — |
| 2026-08-03 | Smith David Ross | Buy | 15.84K | — | — |
| 2026-08-03 | SANDERS MACHELLE | Sell | 9.70K | $18.01 | 174.70K |
| 2026-07-20 | Smith David Ross | Buy | 6.60K | — | — |
| 2026-07-06 | Knoblauch Jason Fredrick | Other | 0 | — | — |
| 2026-06-10 | SANDERS MACHELLE | Buy | 38.82K | — | — |
| 2026-06-10 | SANDERS MACHELLE | Buy | 12.85K | — | — |
| 2026-06-10 | SANDERS MACHELLE | Sell | 38.82K | — | — |
| 2026-06-10 | Smith David Ross | Buy | 38.82K | — | — |
| 2026-06-10 | Smith David Ross | Sell | 18.24K | $16.34 | 298.11K |
| 2026-06-10 | Smith David Ross | Buy | 12.85K | — | — |
| 2026-06-10 | Smith David Ross | Sell | 38.82K | — | — |
| 2026-06-10 | Pesicka Edward A | Buy | 38.82K | — | — |
| 2026-06-10 | Pesicka Edward A | Buy | 12.85K | — | — |
| 2026-06-10 | Pesicka Edward A | Sell | 38.82K | — | — |
| 2026-06-10 | NEUPERT PETER M | Buy | 12.85K | — | — |
| 2026-06-10 | Morais Mark A. | Sell | 4.67K | $16.82 | 78.62K |
| 2026-06-10 | Ray Amrit | Buy | 38.82K | — | — |
| 2026-06-10 | Ray Amrit | Buy | 12.85K | — | — |
| 2026-06-10 | Ray Amrit | Sell | 38.82K | — | — |
| 2026-06-10 | Sharbaugh William J | Buy | 12.85K | — | — |
| 2026-06-10 | Russell Erin L | Buy | 38.82K | — | — |
| 2026-06-10 | Russell Erin L | Buy | 12.85K | — | — |
| 2026-06-10 | Russell Erin L | Sell | 38.82K | — | — |
| 2026-05-18 | Parks Robert | Sell | 2.00K | $13.44 | 26.88K |
| 2026-05-14 | NEUPERT PETER M | Buy | 148.54K | — | — |
| 2026-05-14 | NEUPERT PETER M | Sell | 148.54K | — | — |
| 2026-03-20 | Russell Erin L | Sell | 23.95K | — | — |
| 2026-03-20 | Russell Erin L | Buy | 23.95K | — | — |
| 2026-03-16 | Morais Mark A. | Sell | 1.80K | $9.22 | 16.63K |
| 2026-03-16 | Mcconnell Jill G. | Sell | 1.80K | $9.22 | 16.63K |
| 2026-03-13 | Morais Mark A. | Sell | 4.28K | — | — |
| 2026-03-13 | Morais Mark A. | Buy | 4.28K | — | — |
| 2026-03-13 | Mcconnell Jill G. | Sell | 4.28K | — | — |
| 2026-03-13 | Mcconnell Jill G. | Buy | 4.28K | — | — |
| 2026-03-10 | Parks Robert | Sell | 963 | $8.93 | 8.60K |
| 2026-03-10 | Parks Robert | Sell | 964 | $9.21 | 8.88K |
| 2026-03-10 | Morais Mark A. | Sell | 2.30K | $8.93 | 20.53K |
| 2026-03-10 | Morais Mark A. | Sell | 2.30K | $9.21 | 21.18K |
| 2026-03-10 | Mcconnell Jill G. | Sell | 2.53K | $8.93 | 22.59K |
| 2026-03-10 | Mcconnell Jill G. | Sell | 2.53K | $9.21 | 23.31K |
| 2026-03-09 | Parks Robert | Sell | 5.27K | — | — |
| 2026-03-09 | Parks Robert | Buy | 5.27K | — | — |
| 2026-03-09 | Morais Mark A. | Sell | 13.97K | — | — |
| 2026-03-09 | Morais Mark A. | Buy | 13.97K | — | — |
| 2026-03-09 | Mcconnell Jill G. | Sell | 15.28K | — | — |
| 2026-03-09 | Mcconnell Jill G. | Buy | 15.28K | — | — |
| 2026-03-06 | Parks Robert | Buy | 22.89K | — | — |
| 2026-03-06 | Morais Mark A. | Buy | 52.03K | — | — |
| 2026-03-06 | Morais Mark A. | Buy | 66.67K | — | — |
| 2026-03-06 | Mcconnell Jill G. | Buy | 88.45K | — | — |
| 2026-03-06 | Mcconnell Jill G. | Buy | 66.67K | — | — |
| 2026-02-10 | Morais Mark A. | Sell | 589 | $13.65 | 8.04K |
| 2026-02-10 | Morais Mark A. | Sell | 590 | $14.11 | 8.32K |
| 2026-02-10 | Mcconnell Jill G. | Sell | 440 | $13.65 | 6.01K |
| 2026-02-10 | Mcconnell Jill G. | Sell | 441 | $14.11 | 6.22K |
| 2026-02-09 | Morais Mark A. | Sell | 2.25K | — | — |
| 2026-02-09 | Morais Mark A. | Buy | 2.25K | — | — |
| 2026-02-09 | Mcconnell Jill G. | Sell | 1.69K | — | — |
| 2026-02-09 | Mcconnell Jill G. | Buy | 1.69K | — | — |
| 2025-11-20 | Sharbaugh William J | Buy | 20.92K | — | — |
| 2025-09-22 | Sharbaugh William J | Other | 0 | — | — |
| 2025-09-16 | Parks Robert | Sell | 7.34K | $9.95 | 73.01K |
| 2025-09-15 | Parks Robert | Sell | 24.93K | — | — |
| 2025-09-15 | Parks Robert | Buy | 24.93K | — | — |
| 2025-09-09 | Parks Robert | Sell | 592 | $10.23 | 6.06K |
| 2025-09-09 | Hanson James S. | Sell | 1.68K | $10.23 | 17.16K |
| 2025-09-09 | Morais Mark A. | Sell | 3.15K | $10.23 | 32.28K |
| 2025-09-09 | Mcconnell Jill G. | Sell | 3.16K | $10.23 | 32.29K |
| 2025-09-08 | Parks Robert | Sell | 2.04K | — | — |
| 2025-09-08 | Parks Robert | Buy | 2.04K | — | — |
| 2025-09-08 | Hanson James S. | Sell | 5.79K | — | — |
| 2025-09-08 | Hanson James S. | Buy | 5.79K | — | — |
| 2025-09-08 | Morais Mark A. | Sell | 7.16K | — | — |
| 2025-09-08 | Morais Mark A. | Buy | 7.16K | — | — |
| 2025-09-08 | Mcconnell Jill G. | Sell | 7.16K | — | — |
| 2025-09-08 | Mcconnell Jill G. | Buy | 7.16K | — | — |
| 2025-09-02 | Russell Erin L | Buy | 9.85K | $10.15 | 100.02K |
| 2025-08-19 | Morais Mark A. | Sell | 4.89K | $8.01 | 39.14K |
| 2025-08-19 | Mcconnell Jill G. | Sell | 4.89K | $8.01 | 39.14K |
| 2025-08-18 | Morais Mark A. | Sell | 11.31K | — | — |
| 2025-08-18 | Morais Mark A. | Buy | 11.31K | — | — |
| 2025-08-18 | Mcconnell Jill G. | Sell | 11.31K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 338, holders +2 vs prior quarter. Ownership 108.66%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 15.80M | 646.71K | +4.27% | 274.90M |
| GOLDMAN SACHS GROUP INC | 8.41M | 315.49K | +3.90% | 146.40M |
| SESSA CAPITAL IM, L.P. | 4.59M | 0 | 0.00% | 79.93M |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.18M | 142.99K | +3.54% | 72.76M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.82M | 119.88K | +3.24% | 66.41M |
| STATE STREET CORP | 3.78M | -325.23K | -7.91% | 65.84M |
| FMR LLC | 3.65M | 2.40M | +193.13% | 63.46M |
| CORVEX MANAGEMENT LP | 2.99M | -1.66M | -35.65% | 52.00M |
| AQR CAPITAL MANAGEMENT LLC | 2.98M | -317.95K | -9.64% | 51.86M |
| GEODE CAPITAL MANAGEMENT, LLC | 2.55M | 180.29K | +7.62% | 44.32M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 2.49M | 2.49M | New | 43.32M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.49M | -718.25K | -22.39% | 43.32M |
| LOOMIS SAYLES & CO L P | 2.44M | 617.81K | +33.89% | 42.47M |
| WELLINGTON MANAGEMENT GROUP LLP | 2.38M | 2.38M | New | 41.49M |
| PARK WEST ASSET MANAGEMENT LLC | 2.11M | -151.19K | -6.70% | 36.65M |
| MORGAN STANLEY | 2.09M | -203.49K | -8.86% | 36.44M |
| AMERIPRISE FINANCIAL INC | 1.72M | 139.02K | +8.80% | 29.91M |
| DIMENSIONAL FUND ADVISORS LP | 1.65M | 350.24K | +26.94% | 28.71M |
| NUVEEN, LLC | 1.42M | 346.69K | +32.24% | 24.74M |
| DEUTSCHE BANK AG\ | 1.40M | -1.17M | -45.62% | 24.31M |
| METLIFE INVESTMENT MANAGEMENT, LLC | 1.36M | -443.01K | -24.54% | 23.70M |
| RENAISSANCE TECHNOLOGIES LLC | 1.29M | -143.10K | -9.99% | 22.44M |
| EAGLE HEALTH INVESTMENTS LP | 1.18M | -126.29K | -9.66% | 20.55M |
| NORTHERN TRUST CORP | 1.16M | 162.29K | +16.22% | 20.23M |
| ALLIANZ ASSET MANAGEMENT GMBH | 1.14M | 286.03K | +33.43% | 19.86M |
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