Head to Head Review: Fortrea (FTRE) & Its Competitors

Fortrea (NASDAQ:FTRE) is one of 46 public companies in the “Medical laboratories” industry, but how does it contrast to its rivals? We will compare Fortrea to related businesses based on the strength of its risk, valuation, institutional ownership, earnings, profitability, dividends and analyst recommendations.

Insider and Institutional Ownership

47.5% of shares of all “Medical laboratories” companies are held by institutional investors. 0.1% of Fortrea shares are held by company insiders. Comparatively, 18.9% of shares of all “Medical laboratories” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations for Fortrea and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fortrea	1	5	5	1	2.50
Fortrea Competitors	308	1203	2089	33	2.51

Fortrea presently has a consensus price target of $32.30, indicating a potential upside of 21.84%. As a group, “Medical laboratories” companies have a potential upside of 23.96%. Given Fortrea’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Fortrea has less favorable growth aspects than its rivals.

Profitability

This table compares Fortrea and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fortrea	-4.11%	4.76%	1.87%
Fortrea Competitors	-3,334.95%	-1,311.69%	-38.81%

Valuation and Earnings

This table compares Fortrea and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fortrea	$3.11 billion	-$3.40 million	-19.07
Fortrea Competitors	$1.01 billion	-$125.17 million	4.65

Fortrea has higher revenue and earnings than its rivals. Fortrea is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Fortrea Company Profile

Fortrea Holdings Inc., a contract research organization, primarily engages in the provision of biopharmaceutical product and medical device development services worldwide. The company operates through two segments: Clinical Services and Enabling Services. The Clinical Services segment provides across the clinical pharmacology and clinical development spectrum. The Enabling Services segment provides patient access and clinical trial technology solutions to customers that streamline complex randomization and optimize the trial drug supply process. The company offers delivery models that include full service, functional service provider, and hybrid service structures. It also offers phase I-IV clinical trial management, differentiated technology enabled trial solutions, and post approval services, as well as consulting services. The company serves pharmaceutical, biotechnology, and medical device organizations. Fortrea Holdings Inc. was incorporated in 2023 and is headquartered in Durham, North Carolina.