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Fortrea Announces Date for Fourth Quarter and Full Year 2025 Financial Results and Conference Call
Globenewswire· 2026-01-29 13:08
DURHAM, N.C., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today announced that it will release its fourth quarter and full year 2025 financial results before the market opens on Thursday, February 26, 2026. Fortrea will host a conference call at 8:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortre ...
FTRE or ACAD: Which Is the Better Value Stock Right Now?
ZACKS· 2026-01-28 17:41
Investors interested in Medical - Biomedical and Genetics stocks are likely familiar with Fortrea Holdings Inc. (FTRE) and Acadia Pharmaceuticals (ACAD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earni ...
Fortrea Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortrea Holdings, Inc. - FTRE
Prnewswire· 2026-01-20 20:38
NEW YORK and NEW ORLEANS, Jan. 20, 2026 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Fortrea Holdings, Inc. (NasdaqGS: FTRE). In June 2023, Fortrea was spun off into a standalone, publicly traded company by Labcorp Holdings Inc. In connection with the spin-off, the Company entered into several transition services agreements, pursuant to which it agreed to ...
Mizuho Increases Fortrea (FTRE) PT to $15 Despite Signs of Peaking Healthcare Trends
Yahoo Finance· 2026-01-16 17:13
Fortrea Holdings Inc. (NASDAQ:FTRE) is one of the best young stocks to buy and hold for 3 years. On January 9, Mizuho raised the firm’s price target on Fortrea to $15 from $13, while keeping a Neutral rating on the shares. In its Q4 2025 preview for healthcare facilities and managed care, Mizuho adjusted its price targets following a physician survey that showed a sequential slowdown in healthcare utilization. Despite facing easier comparisons from the previous year, the decelerating growth suggested that ...
Fortrea Holdings Inc. (FTRE) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2026-01-14 14:56
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, with tools like the Zacks Momentum Style Score aiding in identifying such stocks [3] Group 2: Fortrea Holdings Inc. (FTRE) Analysis - Fortrea Holdings Inc. (FTRE) has shown a four-week price change of 8.6%, indicating growing investor interest [4] - FTRE has gained 67.2% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - The stock has a beta of 1.59, suggesting it moves 59% higher than the market in either direction, indicating fast-paced momentum [5] - FTRE has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - FTRE is trading at a Price-to-Sales ratio of 0.58, indicating it is reasonably valued at 58 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides FTRE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, which may also present investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Fortrea Holdings Inc. (FTRE) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Seeking Alpha· 2026-01-13 23:45
Company Overview - Fortrea Holdings is a leading global contract research organization focused on advancing clinical development and providing innovative solutions to accelerate the transition from molecule to medicine [1] - The company was established in 2023 after spinning out from Labcorp, with its roots tracing back to Covance, which was acquired by Labcorp in 2015 [2] Leadership Presentation - The presentation at the 44th JPMorgan Healthcare Conference was led by CEO Anshul Thakral, with CFO Jill McConnell assisting during the Q&A session [1] - The conference serves as a platform for the company to engage with stakeholders and kickstart the year positively [2]
Fortrea (NasdaqGS:FTRE) FY Conference Transcript
2026-01-13 20:17
Summary of Fortrea Holdings Conference Call Company Overview - **Company Name**: Fortrea Holdings - **Industry**: Contract Research Organization (CRO) - **Background**: Fortrea was spun out from Labcorp in 2023, with roots tracing back to Covance, which Labcorp acquired in 2015. The company focuses on advancing clinical development and providing innovative solutions for drug development [2][3]. Core Points and Arguments - **Value Proposition**: Fortrea positions itself as a pure-play global CRO with decades of experience, capable of serving a diverse client base, from large pharmaceutical companies to small biotech firms [4][5]. - **Market Environment**: The overall market for pharmaceutical R&D investments is cautiously optimistic, with expected growth rates of approximately 3%-4% in the near term, driven by big pharma's renewed focus on R&D and improvements in biotech funding [6][24][26]. - **Service Offerings**: Fortrea provides a comprehensive suite of services across the clinical trial continuum, including clinical operations, data management, biostatistics, and consulting services, with expertise in over 20 therapeutic areas [8][12]. - **Technological Integration**: The company is modernizing study delivery by leveraging AI and machine learning to enhance productivity and quality in clinical trials [5][14]. - **Client Relationships**: Fortrea emphasizes building strong, long-term relationships with clients, which is reflected in its balanced client base of approximately 50% large pharma and 50% biotech [13][39]. Important but Overlooked Content - **Operational Focus**: The management team is concentrating on three pillars of excellence: commercial, operational, and financial, to drive sustained revenue growth and margin expansion [15][17]. - **Cost Management**: Fortrea aims to achieve approximately $150 million in gross cost savings, with a focus on right-sizing the organization while also driving revenue growth [32][33]. - **Market Trends**: There is a shift towards hybrid outsourcing models, particularly among mid-sized biotech companies, which Fortrea is well-positioned to accommodate [28]. - **Pricing Discipline**: The CRO market is competitive, and while pricing plays a significant role in FSP (Functional Service Provider) contracts, Fortrea maintains a focus on quality and team performance over price alone [34][35]. - **Capital Allocation**: Post-spin, Fortrea is focused on improving its debt position and making targeted organic investments to enhance productivity and relevance in the market [36][38]. Conclusion - **Key Message**: Fortrea has successfully transitioned out of its spin-off phase, is focused on execution and customer satisfaction, and is optimistic about returning to sustainable growth as market conditions improve [39].
FTRE vs. ACAD: Which Stock Is the Better Value Option?
ZACKS· 2026-01-12 17:42
Core Insights - Investors in the Medical - Biomedical and Genetics sector may consider Fortrea Holdings Inc. (FTRE) and Acadia Pharmaceuticals (ACAD) as potential undervalued stocks [1] Group 1: Company Rankings - Fortrea Holdings Inc. has a Zacks Rank of 2 (Buy), while Acadia Pharmaceuticals has a Zacks Rank of 3 (Hold), indicating a stronger earnings outlook for FTRE [3] Group 2: Valuation Metrics - FTRE has a forward P/E ratio of 22.95, significantly lower than ACAD's forward P/E of 38.66, suggesting FTRE may be undervalued [5] - The PEG ratio for FTRE is 0.51, compared to ACAD's PEG ratio of 7.12, indicating FTRE's expected earnings growth is more favorable [5] - FTRE's P/B ratio is 2.72, while ACAD's P/B ratio is 4.94, further supporting the notion that FTRE is more attractively valued [6] - FTRE has earned a Value grade of B, whereas ACAD has a Value grade of C, reinforcing FTRE's position as the better option for value investors [6]
Fortrea Announces Updated Presentation Time at Upcoming J.P. Morgan Healthcare Conference
Globenewswire· 2026-01-09 16:24
Core Viewpoint - Fortrea, a leading global contract research organization, is set to present at the J.P. Morgan Annual Healthcare Conference on January 13, 2026, at 11:15 am PST, highlighting its role in the life sciences industry [1]. Company Overview - Fortrea (Nasdaq: FTRE) specializes in providing clinical development solutions to the life sciences sector, partnering with biopharmaceutical, biotechnology, medical device, and diagnostic companies to enhance healthcare innovation [3]. - The company offers a range of services including phase I-IV clinical trial management, clinical pharmacology, and consulting, leveraging over 30 years of experience across more than 20 therapeutic areas [3]. - Fortrea operates in approximately 100 countries, emphasizing a strong investigator site network and a commitment to delivering agile solutions to its clients [3].
Fortrea Holdings Inc. (FTRE) Moves 5.5% Higher: Will This Strength Last?
ZACKS· 2026-01-07 14:11
Core Viewpoint - Fortrea Holdings Inc. (FTRE) has experienced a significant stock price increase, reflecting investor confidence in its revenue generation capabilities and global presence in the biopharmaceutical sector [2][3]. Group 1: Stock Performance - FTRE shares rose by 5.5% to $17.54 in the last trading session, with a trading volume higher than average [1]. - The stock has gained 12.5% over the past four weeks, indicating a positive trend [1]. Group 2: Company Overview - Fortrea Holdings operates in nearly 100 countries, specializing in phase I – IV clinical trial management, clinical pharmacology, and consulting services [2]. - The company's platform aims to provide flexible and efficient solutions to accelerate biopharmaceutical and medical device development [2]. Group 3: Earnings Expectations - The upcoming quarterly earnings report is expected to show earnings of $0.16 per share, reflecting an 11.1% decrease year-over-year [3]. - Revenue is projected to be $664.82 million, down 4.6% from the same quarter last year [3]. Group 4: Earnings Estimate Revisions - The consensus EPS estimate for Fortrea has been revised 3.3% higher in the last 30 days, which typically correlates with stock price appreciation [4]. - The stock currently holds a Zacks Rank of 2 (Buy), indicating positive market sentiment [4]. Group 5: Industry Comparison - Fortrea belongs to the Zacks Medical - Biomedical and Genetics industry, where another company, Prothena (PRTA), has seen a decline of 15.2% over the past month [4]. - Prothena's EPS estimate remains unchanged at -$0.45, representing a 58.3% increase compared to the previous year [5].