Fortrea Holdings Stock Short Ratio
| FTRE Stock | 21.55 0.86 4.16% |
Fortrea Holdings fundamentals help investors to digest information that contributes to Fortrea Holdings' financial success or failures. It also enables traders to predict the movement of Fortrea Stock. The fundamental analysis module provides a way to measure Fortrea Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortrea Holdings stock.
Fortrea | Short Ratio |
Fortrea Holdings Company Short Ratio Analysis
Fortrea Holdings' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Fortrea Holdings Short Ratio | 3.87 X |
Most of Fortrea Holdings' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortrea Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fortrea Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Fortrea Holdings is extremely important. It helps to project a fair market value of Fortrea Stock properly, considering its historical fundamentals such as Short Ratio. Since Fortrea Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fortrea Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fortrea Holdings' interrelated accounts and indicators.
Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Fortrea Price To Sales Ratio
Price To Sales Ratio |
|
Based on the latest financial disclosure, Fortrea Holdings has a Short Ratio of 3.87 times. This indicator is about the same for the Life Sciences Tools & Services average (which is currently at 3.9) sector and 33.51% lower than that of the Health Care industry. The short ratio for all United States stocks is 3.25% higher than that of the company.
Fortrea Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortrea Holdings' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortrea Holdings could also be used in its relative valuation, which is a method of valuing Fortrea Holdings by comparing valuation metrics of similar companies.Fortrea Holdings is currently under evaluation in short ratio category among its peers.
Fortrea Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortrea Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortrea Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Fortrea Fundamentals
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0105 | ||||
| Profit Margin | (0.10) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 3.03 B | ||||
| Shares Outstanding | 89.7 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 99.72 % | ||||
| Number Of Shares Shorted | 5.51 M | ||||
| Price To Book | 1.28 X | ||||
| Price To Sales | 0.65 X | ||||
| Revenue | 3.11 B | ||||
| EBITDA | 166.9 M | ||||
| Net Income | (3.4 M) | ||||
| Total Debt | 1.68 B | ||||
| Book Value Per Share | 16.87 X | ||||
| Cash Flow From Operations | 167.4 M | ||||
| Short Ratio | 3.87 X | ||||
| Earnings Per Share | (2.44) X | ||||
| Target Price | 24.31 | ||||
| Number Of Employees | 15.5 K | ||||
| Market Capitalization | 1.93 B | ||||
| Total Asset | 4.36 B | ||||
| Retained Earnings | (49.1 M) | ||||
| Working Capital | 477.2 M | ||||
| Net Asset | 4.36 B |
About Fortrea Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortrea Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortrea Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortrea Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Fortrea Holdings Piotroski F Score and Fortrea Holdings Altman Z Score analysis. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortrea Holdings. If investors know Fortrea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortrea Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share (2.44) | Revenue Per Share 33.34 | Quarterly Revenue Growth (0.06) | Return On Assets (0.01) |
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.