What is William Blair’s Forecast for Fortrea Q4 Earnings?

Fortrea Holdings Inc. (NASDAQ:FTRE) – Investment analysts at William Blair reduced their Q4 2025 earnings per share (EPS) estimates for Fortrea in a report released on Monday, March 3rd. William Blair analyst M. Smock now anticipates that the company will earn $0.39 per share for the quarter, down from their previous forecast of $0.47. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Fortrea’s current full-year earnings is $0.51 per share.

Several other equities research analysts have also recently commented on the stock. Evercore ISI cut their price target on shares of Fortrea from $20.00 to $15.00 and set an “in-line” rating on the stock in a research report on Tuesday. Barclays reduced their price target on Fortrea from $25.00 to $12.00 and set an “equal weight” rating for the company in a research report on Tuesday. TD Cowen boosted their price target on Fortrea from $23.00 to $25.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. The Goldman Sachs Group dropped their price objective on Fortrea from $22.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Robert W. Baird downgraded shares of Fortrea from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $28.00 to $25.00 in a report on Friday, December 6th. One research analyst has rated the stock with a sell rating and eleven have issued a hold rating to the company. According to MarketBeat.com, Fortrea has an average rating of “Hold” and a consensus price target of $20.30.

Fortrea Stock Performance

Shares of FTRE opened at $10.96 on Wednesday. The stock has a market capitalization of $983.11 million, a price-to-earnings ratio of -3.20, a PEG ratio of 1.78 and a beta of 1.34. Fortrea has a 12 month low of $9.55 and a 12 month high of $41.02. The firm has a fifty day simple moving average of $16.81 and a 200 day simple moving average of $19.09. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.74.

Fortrea (NASDAQ:FTRE) last released its quarterly earnings results on Monday, March 3rd. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.18). The firm had revenue of $697.00 million for the quarter, compared to analyst estimates of $703.22 million. Fortrea had a positive return on equity of 2.00% and a negative net margin of 10.99%. During the same period last year, the company earned $0.19 EPS.

Insider Buying and Selling at Fortrea

In other Fortrea news, CEO Thomas Pike sold 11,268 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $18.04, for a total value of $203,274.72. Following the transaction, the chief executive officer now directly owns 159,868 shares in the company, valued at $2,884,018.72. The trade was a 6.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 12,386 shares of company stock valued at $219,751 in the last quarter. 0.12% of the stock is currently owned by insiders.

Institutional Trading of Fortrea

Several hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of Fortrea by 21.2% during the third quarter. JPMorgan Chase & Co. now owns 364,413 shares of the company’s stock worth $7,288,000 after acquiring an additional 63,766 shares during the period. Starboard Value LP lifted its holdings in Fortrea by 5.0% during the 3rd quarter. Starboard Value LP now owns 8,400,000 shares of the company’s stock worth $168,000,000 after purchasing an additional 400,000 shares during the last quarter. State Street Corp boosted its stake in Fortrea by 7.7% in the 3rd quarter. State Street Corp now owns 3,250,693 shares of the company’s stock valued at $65,014,000 after purchasing an additional 233,577 shares during the period. Mutual of America Capital Management LLC grew its holdings in Fortrea by 9.0% in the 3rd quarter. Mutual of America Capital Management LLC now owns 495,444 shares of the company’s stock valued at $9,909,000 after buying an additional 40,748 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. increased its position in Fortrea by 20.5% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,197,696 shares of the company’s stock worth $23,954,000 after buying an additional 204,021 shares during the period.

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.