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.
Exact Sciences (NASDAQ:EXAS) and Fortrea (NASDAQ:FTRE) are both mid-cap medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, media sentiment, profitability, earnings, institutional ownership, risk, community ranking, dividends and valuation.
Exact Sciences currently has a consensus price target of $95.40, suggesting a potential upside of 109.90%. Fortrea has a consensus price target of $32.78, suggesting a potential upside of 29.10%. Given Fortrea's stronger consensus rating and higher possible upside, research analysts clearly believe Exact Sciences is more favorable than Fortrea.
In the previous week, Fortrea had 8 more articles in the media than Exact Sciences. MarketBeat recorded 21 mentions for Fortrea and 13 mentions for Exact Sciences. Fortrea's average media sentiment score of 0.85 beat Exact Sciences' score of 0.73 indicating that Exact Sciences is being referred to more favorably in the media.
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.
88.8% of Exact Sciences shares are held by institutional investors. 1.4% of Exact Sciences shares are held by company insiders. Comparatively, 0.1% of Fortrea shares are held 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.
Fortrea has a net margin of -4.11% compared to Fortrea's net margin of -9.48%. Exact Sciences' return on equity of 4.76% beat Fortrea's return on equity.
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.
Summary
Exact Sciences beats Fortrea on 10 of the 18 factors compared between the two stocks.
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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.
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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