Fortrea Holdings Stock Target Price and Analyst Consensus

FTRE Stock   19.36  0.19  0.99%   
The current analyst and expert consensus on Fortrea Holdings is Hold with 10 hold recommendations. The current projected Fortrea Holdings target price consensus is 28.67 with 12 analyst opinions. One of the most common ways Fortrea Holdings analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Fortrea Holdings vendors, executives, and/or customers. Fortrea Holdings recommendation module provides expert sentiment on the projected Fortrea Holdings target price to derive its highest and lowest estimates based on target price standard deviation of 5.2345.
Lowest Forecast
26.09
Highest Forecast
31.82
Target Price
28.67
At present, Fortrea Holdings' Pretax Profit Margin is projected to increase slightly based on the last few years of reporting. The current year's Operating Profit Margin is expected to grow to 0.02, whereas Net Loss is forecasted to decline to (0).
  
It's important to approach Fortrea Holdings' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Fortrea Holdings price targets

Fortrea Holdings' stock target price is an estimate of its future price, usually made by analysts. Using Fortrea Holdings' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Fortrea Holdings' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Fortrea Holdings' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Fortrea Holdings Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Fortrea Holdings is a key component of Fortrea Holdings valuation and have some predictive power on the future returns of a Fortrea Holdings.
Hype
Prediction
LowEstimatedHigh
14.1119.3424.57
Details
Intrinsic
Valuation
LowRealHigh
17.4322.6627.89
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.120.130.14
Details

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When determining whether Fortrea Holdings is a strong investment it is important to analyze Fortrea Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortrea Holdings' future performance. For an informed investment choice regarding Fortrea Stock, refer to the following important reports:
Check out Macroaxis Advice on Fortrea Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Please note, the presentation of Fortrea Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortrea Holdings' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fortrea Holdings' management manipulating its earnings.