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Fortrea (FTRE) Competitors

$25.39
+1.17 (+4.83%)
(As of 05/31/2024 ET)

FTRE vs. EXAS, RDNT, GH, VCYT, VRDN, CDNA, CSTL, FLGT, CELC, and SERA

Should you be buying Fortrea stock or one of its competitors? The main competitors of Fortrea include Exact Sciences (EXAS), RadNet (RDNT), Guardant Health (GH), Veracyte (VCYT), Viridian Therapeutics (VRDN), CareDx (CDNA), Castle Biosciences (CSTL), Fulgent Genetics (FLGT), Celcuity (CELC), and Sera Prognostics (SERA). These companies are all part of the "medical laboratories" industry.

Fortrea vs.

Fortrea (NASDAQ:FTRE) and Exact Sciences (NASDAQ:EXAS) are both mid-cap medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, profitability, earnings, valuation, community ranking, institutional ownership, analyst recommendations, dividends and risk.

In the previous week, Fortrea had 9 more articles in the media than Exact Sciences. MarketBeat recorded 22 mentions for Fortrea and 13 mentions for Exact Sciences. Exact Sciences' average media sentiment score of 0.85 beat Fortrea's score of 0.72 indicating that Exact Sciences is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortrea
5 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Exact Sciences
7 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

88.8% of Exact Sciences shares are held by institutional investors. 0.1% of Fortrea shares are held by insiders. Comparatively, 1.4% of Exact Sciences shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Exact Sciences received 942 more outperform votes than Fortrea when rated by MarketBeat users. Likewise, 72.46% of users gave Exact Sciences an outperform vote while only 40.00% of users gave Fortrea an outperform vote.

CompanyUnderperformOutperform
FortreaOutperform Votes
8
40.00%
Underperform Votes
12
60.00%
Exact SciencesOutperform Votes
950
72.46%
Underperform Votes
361
27.54%

Fortrea has higher revenue and earnings than Exact Sciences. Exact Sciences is trading at a lower price-to-earnings ratio than Fortrea, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortrea$3.11B0.73-$3.40M-$1.39-18.27
Exact Sciences$2.50B3.36-$204.15M-$1.32-34.43

Fortrea presently has a consensus target price of $32.78, suggesting a potential upside of 29.10%. Exact Sciences has a consensus target price of $95.40, suggesting a potential upside of 109.90%. Given Exact Sciences' stronger consensus rating and higher possible upside, analysts plainly believe Exact Sciences is more favorable than Fortrea.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortrea
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.55
Exact Sciences
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.92

Fortrea has a net margin of -4.11% compared to Exact Sciences' net margin of -9.48%. Fortrea's return on equity of 4.76% beat Exact Sciences' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortrea-4.11% 4.76% 1.87%
Exact Sciences -9.48%-7.12%-3.46%

Summary

Exact Sciences beats Fortrea on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FTRE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FTRE vs. The Competition

MetricFortreaMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$2.27B$2.26B$5.17B$7.99B
Dividend YieldN/A1.81%2.76%4.00%
P/E Ratio-18.2710.1698.2213.90
Price / Sales0.73120.892,389.7073.53
Price / Cash10.21329.4335.4131.55
Price / Book1.433.945.544.59
Net Income-$3.40M-$132.05M$106.07M$213.90M
7 Day Performance-0.63%-2.81%1.14%0.87%
1 Month Performance-30.72%-4.14%0.69%1.82%
1 Year PerformanceN/A-13.71%2.66%5.90%

Fortrea Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EXAS
Exact Sciences
4.4676 of 5 stars
$45.45
+0.4%
$95.40
+109.9%
-45.8%$8.39B$2.50B-34.436,600
RDNT
RadNet
3.3821 of 5 stars
$58.64
-0.4%
$57.25
-2.4%
+97.0%$4.33B$1.62B195.4710,288Positive News
GH
Guardant Health
4.5822 of 5 stars
$27.10
-1.3%
$36.60
+35.1%
-13.7%$3.32B$563.95M-6.911,779Short Interest ↑
Analyst Revision
VCYT
Veracyte
3.451 of 5 stars
$20.75
-1.1%
$27.50
+32.5%
-20.8%$1.59B$361.05M-22.07815Positive News
VRDN
Viridian Therapeutics
1.146 of 5 stars
$11.95
+0.1%
$34.60
+189.5%
-51.2%$762.67M$288,000.00-2.6694Positive News
CDNA
CareDx
3.8362 of 5 stars
$13.01
-3.8%
$16.50
+26.8%
+62.4%$677.56M$280.32M-3.80635Analyst Downgrade
CSTL
Castle Biosciences
2.5215 of 5 stars
$23.26
-3.9%
$31.57
+35.7%
+10.5%$642.21M$219.79M-20.23610Short Interest ↓
Positive News
FLGT
Fulgent Genetics
4.2841 of 5 stars
$20.65
-3.3%
$30.00
+45.3%
-49.3%$617.85M$289.21M-3.711,184Positive News
CELC
Celcuity
2.2996 of 5 stars
$15.80
+4.6%
$29.25
+85.1%
+39.7%$493.43MN/A-5.6855Analyst Forecast
News Coverage
Positive News
SERA
Sera Prognostics
0.6448 of 5 stars
$9.00
-9.2%
$2.75
-69.4%
+179.1%$323.60M$206,000.00-8.4155Short Interest ↑

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This page (NASDAQ:FTRE) was last updated on 6/2/2024 by MarketBeat.com Staff

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