Fortrea Holdings (FTRE)

• Market cap: $636M
• 1 day: -6.62%
• 5 days: -18.50%
• 1 month: -32.08%
• 3 months: -62.20%
• 6 months: -64.10%
• Year to date: -62.20%
• 1 year: -82.38%
• 5 years: -77.97%
• 10 years: -77.97%
• Sector: Healthcare
• Industry: Medical Laboratories

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

40% more call options, than puts

Call options by funds: $29.1M | Put options by funds: $20.8M

5% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 64

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

1% less funds holding

Funds holding: 348 [Q3] → 343 (-5) [Q4]

3.16% less ownership

Funds ownership: 109.41% [Q3] → 106.25% (-3.16%) [Q4]

9% less capital invested

Capital invested by funds: $1.96B [Q3] → $1.78B (-$182M) [Q4]

35% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 128

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 56% upside
• Avg. target: $12.67 80% upside
• High target: $15 113% upside

3 analyst ratings

• positive: 0 0%
• neutral: 3 100%
• negative: 0 0%

Evercore ISI Group Elizabeth Anderson 48% 1-year accuracy 16 / 33 met price target	113% upside $15	In-Line Maintained	4 Mar 2025
Goldman Sachs Matthew Sykes 43% 1-year accuracy 16 / 37 met price target	56% upside $11	Neutral Maintained	4 Mar 2025
Barclays Luke Sergott 22% 1-year accuracy 11 / 51 met price target	70% upside $12	Equal-Weight Maintained	4 Mar 2025