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Forrester Research (FORR)
NASDAQ:FORR
Holding FORR?
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FORR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.38 - $27.89
Previous Close$16.71
Volume67.58K
Average Volume (3M)76.34K
Market Cap
$317.42M
Enterprise Value$265.91M
Total Cash (Recent Filing)$114.93M
Total Debt (Recent Filing)$63.42M
Price to Earnings (P/E)―
Beta1.05
Next Earnings
Feb 06, 2025EPS Estimate
$0.34Last Dividend Ex-Date
Dec 11, 2018Dividend YieldN/A
Share Statistics
EPS (TTM)-0.35
Shares Outstanding18,996,000
10 Day Avg. Volume83,268
30 Day Avg. Volume76,338
Standard Deviation0.09
R-Squared0.24
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.37
Price to Sales (P/S)0.71
Price to Cash Flow (P/CF)297.20
P/FCF Ratio19.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.60
Enterprise Value/Gross Profit0.96
Enterprise Value/Ebitda7.23
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
Forrester Research News
PremiumCompany Announcements
Forrester Research Reports Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
Client SatisfactionThe company’s generative artificial intelligence (AI) product called Izola continues to receive favorable feedback from clients.
Product InnovationThe company introduced Forrester Decisions (FD), a new subscription-based research product bundle, designed to improve job performance and address business priorities, expected to replace all legacy research subscription contracts.
Revenue GrowthThe company's key financial objective is to rapidly grow research Contract Value (CV), which represents a source of high-margin recurring revenue.
Bears Say
EarningsThe company's Q3/24 adjusted EBITDA was $9.9 million, which was 19% less than the forecast of $12.3 million and 14% less than the FactSet consensus forecast of $11.6 million.
Financial OutlookA MARKET PERFORM investment rating on FORR shares is maintained due to a weak 2024 financial outlook and high business risk.
RevenueThe company’s Research Services (RS) revenue, 75% of Q3/24 total revenue, declined 4% YOY and 8% sequentially.
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Ownership Overview
40.42% Insiders
19.27% Mutual Funds
22.33% Other Institutional Investors
10.63% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
FORR FAQ
What was Forrester Research’s price range in the past 12 months?
Forrester Research lowest stock price was $14.38 and its highest was $27.89 in the past 12 months.
What is Forrester Research’s market cap?
Currently, no data Available
When is Forrester Research’s upcoming earnings report date?
Forrester Research’s upcoming earnings report date is Feb 06, 2025 which is in 73 days.
How were Forrester Research’s earnings last quarter?
Forrester Research released its earnings results on Nov 05, 2024. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.337 by -$0.047.
Is Forrester Research overvalued?
According to Wall Street analysts Forrester Research’s price is currently Overvalued.
Does Forrester Research pay dividends?
Forrester Research pays a Quarterly dividend of $0.2 which represents an annual dividend yield of N/A. See more information on Forrester Research dividends here
What is Forrester Research’s EPS estimate?
Forrester Research’s EPS estimate is $0.34.
How many shares outstanding does Forrester Research have?
Forrester Research has 18,996,000 shares outstanding.
What happened to Forrester Research’s price movement after its last earnings report?
Forrester Research reported an EPS of $0.29 in its last earnings report, missing expectations of $0.337. Following the earnings report the stock price went up 6.952%.
Which hedge fund is a major shareholder of Forrester Research?
Among the largest hedge funds holding Forrester Research’s share is Royce & Associates LLC. It holds Forrester Research’s shares valued at 45M.
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Forrester Research Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
― (―)
― (―)
Blogger Sentiment
Neutral
FORR Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 176.0K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.55%
12-Months-Change
Fundamentals
Return on Equity
-2.93%
Trailing 12-Months
Asset Growth
-5.75%
Trailing 12-Months
Company Description
Forrester Research
Forrester Research, Inc. engages in the provision of research, data, and advisory services. It operates through the following segments: Research, Product, and Project Consulting. The Research segment includes research personnel who are responsible for writing the research and performing the webinars and inquiries for the company's research and connect products. The Product segment consists of product management organization that is responsible for product pricing, packaging and the launch of new products. The Project Consulting segment comprises of consultants that delivers project consulting services. The company was founded by George F. Colony on July 7, 1983 and is headquartered in Cambridge, MA.
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FORR Company Deck
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FORR Earnings Call
Q3 2024
0:00 / 0:00
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FORR Stock 12 Month Forecast
Average Price Target
―Technical Analysis
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