NasdaqGS:FTRELife Sciences
Fortrea Holdings (FTRE) Losses Deepen 52.8% Annually, Undervaluation Sparks Value Debate
Fortrea Holdings (FTRE) remains unprofitable, with losses accelerating at a 52.8% annual rate over the past five years. Looking ahead, analysts expect the company to stay in the red for at least three more years, while revenue growth is projected at just 2.4% per year, lagging the US market’s 10.5%. Despite trading at a Price-to-Sales Ratio of 0.4x, which is well below industry and peer averages, the current share price of $11.95 sits significantly under the estimated fair value of $18.73...