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

Fortrea Holdings Inc. (NASDAQ:FTRE) – Research analysts at William Blair dropped their Q4 2025 earnings per share estimates for shares of Fortrea in a report issued on Monday, March 3rd. William Blair analyst M. Smock now forecasts that the company will earn $0.39 per share for the quarter, down from their previous estimate 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.

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

FTRE has been the topic of a number of other research reports. Baird R W lowered shares of Fortrea from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 6th. The Goldman Sachs Group cut their target price on Fortrea from $22.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday. Barclays lowered 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. Evercore ISI cut their price objective on Fortrea from $20.00 to $15.00 and set an “in-line” rating on the stock in a report on Tuesday. Finally, Citigroup downgraded Fortrea from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $30.00 to $23.00 in a report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating and eleven have issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $20.30.

Fortrea Stock Performance

FTRE opened at $10.89 on Wednesday. The company has a market cap of $976.83 million, a P/E ratio of -3.18, a price-to-earnings-growth ratio of 1.78 and a beta of 1.34. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.74. The firm’s 50-day moving average price is $16.66 and its 200-day moving average price is $19.01. Fortrea has a 52-week low of $9.55 and a 52-week high of $41.02.

Institutional Inflows and Outflows

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

Insider Transactions at Fortrea

In related news, CEO Thomas Pike sold 11,268 shares of the stock in a transaction on Monday, January 13th. The shares were sold at an average price of $18.04, for a total transaction of $203,274.72. Following the sale, the chief executive officer now directly owns 159,868 shares of the company’s stock, valued at approximately $2,884,018.72. This represents a 6.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have sold 12,386 shares of company stock valued at $219,751 in the last 90 days. 0.12% of the stock is currently owned by company insiders.

About Fortrea

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.