Core Viewpoint - The comparison between Fortrea Holdings Inc. (FTRE) and Illumina (ILMN) indicates that FTRE may offer better value for investors based on various financial metrics and analyst outlooks [1][3][7]. Valuation Metrics - FTRE has a forward P/E ratio of 12.99, significantly lower than ILMN's forward P/E of 21.31 [5]. - FTRE's PEG ratio stands at 0.37, while ILMN's PEG ratio is 1.77, suggesting FTRE is expected to grow at a more favorable rate relative to its price [5]. - FTRE's P/B ratio is 0.57, compared to ILMN's P/B of 6.03, indicating FTRE is trading at a lower valuation relative to its book value [6]. Analyst Outlook - FTRE currently holds a Zacks Rank of 2 (Buy), reflecting an improving earnings estimate revision activity, while ILMN has a Zacks Rank of 3 (Hold) [3][7]. - The improving earnings outlook for FTRE positions it as a more attractive option for value investors [7].
FTRE vs. ILMN: Which Stock Should Value Investors Buy Now?