Back to top
more

Fortrea Holdings Inc. (FTRE)

(Delayed Data from NSDQ)

$19.91 USD

19.91
1,427,363

-0.35 (-1.73%)

Updated Sep 10, 2024 04:00 PM ET

After-Market: $19.92 +0.01 (0.05%) 6:46 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth F Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 33% (83 out of 250)

Industry: Medical - Biomedical and Genetics

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for FTRE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for Fortrea Holdings Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 109 112 0 -99,999 -99,999
Receivables 1,052 1,022 0 NA NA
Notes Receivable 0 0 0 NA NA
Inventories 0 0 0 NA NA
Other Current Assets 92 113 0 NA NA
Total Current Assets 1,253 1,247 0 NA NA
Net Property & Equipment 221 165 0 NA NA
Investments & Advances 0 0 0 NA NA
Other Non-Current Assets 0 0 0 NA NA
Deferred Charges 3 1 0 NA NA
Intangibles 2,801 2,821 0 NA NA
Deposits & Other Assets 80 54 0 NA NA
Total Assets 4,357 4,288 0 NA NA
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 NA NA
Accounts Payable 133 82 0 NA NA
Current Portion Long-Term Debt 26 0 0 NA NA
Current Portion Capital Leases 0 0 0 NA NA
Accrued Expenses 356 323 0 NA NA
Income Taxes Payable 0 0 0 NA NA
Other Current Liabilities 241 272 0 NA NA
Total Current Liabilities 776 699 0 NA NA
Mortgages 0 0 0 NA NA
Deferred Taxes/Income 149 185 0 NA NA
Convertible Debt 0 0 0 NA NA
Long-Term Debt 1,566 0 0 NA NA
Non-Current Capital Leases 0 0 0 NA NA
Other Non-Current Liabilities 61 22 0 NA NA
Minority Interest (Liabilities) 0 0 0 NA NA
Total Liabilities 2,618 945 0 NA NA
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 NA NA
Common Stock (Par) 0 0 0 NA NA
Capital Surplus 2,006 0 0 NA NA
Retained Earnings -49 0 0 NA NA
Other Equity -218 3,343 0 NA NA
Treasury Stock 0 0 0 NA NA
Total Shareholder's Equity 1,739 3,343 0 NA NA
Total Liabilities & Shareholder's Equity 4,357 4,288 0 NA NA
Total Common Equity 1,739 3,343 0 0 0
Shares Outstanding 88.80 NA NA NA NA
Book Value Per Share 19.58 -0.03 0.00 0.00 0.00

Fiscal Year End for Fortrea Holdings Inc falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 126 93 109 108 114
Receivables 638 941 1,052 1,047 1,015
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 124 166 92 103 103
Total Current Assets 888 1,200 1,253 1,258 1,232
Net Property & Equipment 173 167 221 219 212
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 345 0 0 0
Deferred Charges 3 3 3 2 2
Intangibles 2,418 2,436 2,801 2,768 2,827
Deposits & Other Assets 84 89 80 70 84
Total Assets 3,565 4,240 4,357 4,317 4,356
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 144 131 133 128 105
Current Portion Long-Term Debt 0 55 26 26 26
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 343 329 356 336 336
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 248 288 241 265 264
Total Current Liabilities 749 818 776 775 752
Mortgages 0 0 0 0 0
Deferred Taxes/Income 136 151 149 172 184
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,124 1,559 1,566 1,572 1,579
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 30 61 36 37
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,104 2,648 2,618 2,622 2,605
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 2,018 2,003 2,006 1,988 1,977
Retained Earnings -308 -170 -49 -13 0
Other Equity -249 -242 -218 -280 -226
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,461 1,592 1,739 1,694 1,751
Total Liabilities & Shareholder's Equity 3,565 4,240 4,357 4,317 4,356
Total Common Equity 1,461 1,592 1,739 1,694 1,751
Shares Outstanding 89.40 89.30 88.80 88.80 88.80
Book Value Per Share 16.34 17.83 19.58 19.08 19.72