Fortrea (FTRE) Competitors

$35.50
-0.97 (-2.66%)
(As of 05/8/2024 ET)

FTRE vs. RDNT, GH, VCYT, VRDN, EXAS, NTRA, XENE, JANX, SWTX, and SGRY

Should you be buying Fortrea stock or one of its competitors? The main competitors of Fortrea include RadNet (RDNT), Guardant Health (GH), Veracyte (VCYT), Viridian Therapeutics (VRDN), Exact Sciences (EXAS), Natera (NTRA), Xenon Pharmaceuticals (XENE), Janux Therapeutics (JANX), SpringWorks Therapeutics (SWTX), and Surgery Partners (SGRY). These companies are all part of the "medical" sector.

Fortrea vs.

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

77.9% of RadNet shares are owned by institutional investors. 4.4% of RadNet shares are owned by company insiders. Comparatively, 0.1% of Fortrea shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

RadNet received 334 more outperform votes than Fortrea when rated by MarketBeat users. Likewise, 65.70% of users gave RadNet an outperform vote while only 38.46% of users gave Fortrea an outperform vote.

CompanyUnderperformOutperform
RadNetOutperform Votes
339
65.70%
Underperform Votes
177
34.30%
FortreaOutperform Votes
5
38.46%
Underperform Votes
8
61.54%

RadNet has higher earnings, but lower revenue than Fortrea.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
RadNet$1.62B2.31$3.04M-$0.02-2,525.00
Fortrea$3.11B1.03-$3.40MN/AN/A

RadNet presently has a consensus price target of $53.67, indicating a potential upside of 6.27%. Fortrea has a consensus price target of $37.29, indicating a potential upside of 3.51%. Given Fortrea's stronger consensus rating and higher possible upside, equities analysts clearly believe RadNet is more favorable than Fortrea.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RadNet
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Fortrea
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38

RadNet has a net margin of 0.19% compared to RadNet's net margin of 0.00%. Fortrea's return on equity of 4.72% beat RadNet's return on equity.

Company Net Margins Return on Equity Return on Assets
RadNet0.19% 4.72% 1.29%
Fortrea N/A N/A N/A

In the previous week, Fortrea had 2 more articles in the media than RadNet. MarketBeat recorded 8 mentions for Fortrea and 6 mentions for RadNet. RadNet's average media sentiment score of 1.13 beat Fortrea's score of 0.51 indicating that Fortrea is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
RadNet
1 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortrea
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

RadNet beats Fortrea on 11 of the 15 factors compared between the two stocks.

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$3.19B$2.20B$4.94B$7.77B
Dividend YieldN/A1.92%2.84%3.97%
P/E RatioN/A8.16181.3719.20
Price / Sales1.03141.532,328.8382.28
Price / Cash15.04437.4533.4628.61
Price / Book1.823.694.924.38
Net Income-$3.40M-$135.88M$104.54M$217.15M
7 Day Performance-3.90%1.61%1.02%2.83%
1 Month Performance-9.37%-4.75%-3.67%-2.47%
1 Year PerformanceN/A-12.10%3.46%8.46%

Fortrea Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RDNT
RadNet
3.1844 of 5 stars
$51.66
+2.4%
$53.67
+3.9%
+82.9%$3.82B$1.62B-2,581.7110,288Analyst Upgrade
News Coverage
GH
Guardant Health
4.575 of 5 stars
$18.58
+1.8%
$37.91
+104.0%
-20.4%$2.26B$563.95M-4.341,779Upcoming Earnings
VCYT
Veracyte
3.8406 of 5 stars
$20.19
+0.3%
$29.00
+43.6%
-9.7%$1.54B$361.05M-19.60815Earnings Report
Analyst Forecast
News Coverage
Gap Up
VRDN
Viridian Therapeutics
0.4478 of 5 stars
$14.58
+5.6%
$36.60
+151.0%
-42.4%$930.50M$310,000.00-2.7494News Coverage
Gap Up
EXAS
Exact Sciences
3.8593 of 5 stars
$60.54
+0.9%
$97.44
+60.9%
-8.8%$11.13B$2.50B-53.116,600Positive News
NTRA
Natera
1.7202 of 5 stars
$93.72
-0.5%
$86.40
-7.8%
+79.6%$11.46B$1.08B-24.733,293Upcoming Earnings
XENE
Xenon Pharmaceuticals
2.8361 of 5 stars
$43.00
+1.2%
$59.44
+38.2%
+2.4%$3.24B$9.43M-15.81251Upcoming Earnings
News Coverage
Positive News
JANX
Janux Therapeutics
3.0497 of 5 stars
$62.43
+7.3%
$61.33
-1.8%
+316.9%$3.24B$8.08M-46.5964Analyst Forecast
News Coverage
Gap Down
SWTX
SpringWorks Therapeutics
1.473 of 5 stars
$43.35
-7.5%
$68.83
+58.8%
+93.9%$3.20B$5.45M-8.43305Earnings Report
Analyst Forecast
High Trading Volume
SGRY
Surgery Partners
3.3267 of 5 stars
$25.00
+1.5%
$43.63
+74.5%
-21.1%$3.18B$2.74B-250.0013,500Analyst Forecast
News Coverage
Gap Down

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This page (NASDAQ:FTRE) was last updated on 5/8/2024 by MarketBeat.com Staff

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