Forrester Research, Inc. (FORR): Price and Financial Metrics
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FORR POWR Grades
- FORR scores best on the Quality dimension, with a Quality rank ahead of 97.89% of US stocks.
- FORR's strongest trending metric is Stability; it's been moving down over the last 177 days.
- FORR's current lowest rank is in the Momentum metric (where it is better than 52.52% of US stocks).
FORR Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for FORR is 2.43 -- better than 78.28% of US stocks.
- With a price/earnings ratio of 28.22, FORRESTER RESEARCH INC P/E ratio is greater than that of about 75.33% of stocks in our set with positive earnings.
- With a year-over-year growth in debt of -28.06%, FORRESTER RESEARCH INC's debt growth rate surpasses merely 10.39% of about US stocks.
- If you're looking for stocks that are quantitatively similar to FORRESTER RESEARCH INC, a group of peers worth examining would be NRC, LANC, AGX, ASGN, and HUBG.
- FORR's SEC filings can be seen here. And to visit FORRESTER RESEARCH INC's official web site, go to www.forrester.com.
FORR Valuation Summary
- FORR's price/sales ratio is 1.1; this is 38.89% lower than that of the median Industrials stock.
- FORR's price/sales ratio has moved down 2.1 over the prior 243 months.
Below are key valuation metrics over time for FORR.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| FORR | 2023-03-17 | 1.1 | 2.7 | 27.9 | 18.3 |
| FORR | 2023-03-16 | 1.2 | 2.8 | 28.6 | 18.7 |
| FORR | 2023-03-15 | 1.1 | 2.7 | 27.8 | 18.2 |
| FORR | 2023-03-14 | 1.1 | 2.8 | 28.1 | 18.4 |
| FORR | 2023-03-13 | 1.1 | 2.7 | 27.8 | 18.2 |
| FORR | 2023-03-10 | 1.1 | 2.8 | 28.0 | 18.3 |
FORR Growth Metrics
- Its 2 year net income to common stockholders growth rate is now at 674.39%.
- Its 5 year price growth rate is now at -19.88%.
- The 4 year net cashflow from operations growth rate now stands at 11.23%.
The table below shows FORR's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 534.624 | 59.878 | 31.459 |
| 2022-06-30 | 525.081 | 71.729 | 30.567 |
| 2022-03-31 | 505.505 | 89.182 | 25.036 |
| 2021-12-31 | 494.315 | 107.067 | 24.844 |
| 2021-09-30 | 481.108 | 103.547 | 19.247 |
| 2021-06-30 | 471.549 | 92.845 | 10.965 |
FORR's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- FORR has a Quality Grade of A, ranking ahead of 97.21% of graded US stocks.
- FORR's asset turnover comes in at 0.734 -- ranking 210th of 561 Business Services stocks.
- YEXT, QMCI, and EGAN are the stocks whose asset turnover ratios are most correlated with FORR.
The table below shows FORR's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.734 | 0.590 | 0.193 |
| 2021-03-31 | 0.733 | 0.595 | 0.180 |
| 2020-12-31 | 0.738 | 0.597 | 0.133 |
| 2020-09-30 | 0.746 | 0.595 | 0.147 |
| 2020-06-30 | 0.744 | 0.597 | 0.141 |
| 2020-03-31 | 0.757 | 0.583 | 0.075 |
FORR Price Target
For more insight on analysts targets of FORR, see our FORR price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $56.00 | Average Broker Recommendation | 1.33 (Strong Buy) |
FORR Stock Price Chart Interactive Chart >
FORR Price/Volume Stats
| Current price | $31.99 | 52-week high | $59.56 |
| Prev. close | $32.38 | 52-week low | $30.28 |
| Day low | $31.97 | Volume | 23,829 |
| Day high | $32.41 | Avg. volume | 78,344 |
| 50-day MA | $34.47 | Dividend yield | N/A |
| 200-day MA | $38.58 | Market Cap | 613.92M |
Forrester Research, Inc. (FORR) Company Bio
Forrester Research provides pragmatic and forward-thinking advice to business and technology customers, with products and services for specific roles, including senior management in business strategy, marketing, and information technology. The company was founded in 1983 and is based in Cambridge, Massachusetts.
Latest FORR News From Around the Web
Below are the latest news stories about FORRESTER RESEARCH INC that investors may wish to consider to help them evaluate FORR as an investment opportunity.
Is Forrester Research, Inc. (NASDAQ:FORR) Potentially Undervalued?Forrester Research, Inc. ( NASDAQ:FORR ), might not be a large cap stock, but it saw significant share price movement... |
Forrester Announces Full Conference Agenda For CX EMEA 2023LONDON, March 21, 2023--Forrester (Nasdaq: FORR) today announced the full conference agenda for its CX EMEA event being held in London and digitally on 10–11 May 2023. At a time when consumer brands are bracing for strong, macro-level headwinds, including inflation, talent shortages, and supply chain issues, a lack of shared vision across the business is a challenge. The time is now for customer-facing functions to establish a shared, collective understanding of the customer that creates value f |
Forrester: Aligning Around The Customer Will Turbocharge Companies’ Growth EnginesCAMBRIDGE, Mass., February 21, 2023--According to Forrester’s (Nasdaq: FORR) customer-obsessed growth engine research, outdated short-term growth strategies that focus on extracting value from customers no longer work. Dramatic changes in buyers’ behavior, evolving business models, and technology advances mandate a shift in how companies design their strategies and operate their organizations. To drive profitable and sustainable business growth in this environment, alignment across sales, marke |
Forrester: Generational Shifts Are Disrupting Traditional Business Buying Behaviors And Necessitate Reevaluating Go-To-Market StrategiesCAMBRIDGE, Mass., February 15, 2023--According to Forrester’s (Nasdaq: FORR) Younger Buyers Have Changed The Business Buying Landscape report, Millennials and Gen Z constitute 64% of business buyers, with Millennials making up more than half of all business buyers. These younger buyers are more demanding, engaging in more buying activities, and more willing to express their dissatisfaction with the buying process. These changing buying behaviors, combined with continued economic uncertainty and |
Forrester's Research Bookings Should Improve In 2H23, Says AnalystBarrington Research analyst Vincent Colicchio reiterated an Outperform rating on the shares of Forrester Research Inc (NASDAQ: FORR) and lowered the price target from $48 to $39. The company reported Q4/22 non-GAAP EPS of $0.45, which exceeded the analyst’s forecast of $0.34 and the FactSet consensus forecast of $0.33. The non-GAAP EPS upside versus the analyst’s forecast was primarily due to a gross margin overage of 150 bps and a selling, general and administrative (SG&A) cost shortfall of 4%, |
FORR Price Returns
| 1-mo | -2.74% |
| 3-mo | -10.54% |
| 6-mo | -11.16% |
| 1-year | -43.57% |
| 3-year | 16.33% |
| 5-year | -21.79% |
| YTD | -10.54% |
| 2022 | -39.11% |
| 2021 | 40.17% |
| 2020 | 0.48% |
| 2019 | -6.71% |
| 2018 | 2.98% |
Continue Researching FORR
Here are a few links from around the web to help you further your research on Forrester Research Inc's stock as an investment opportunity:Forrester Research Inc (FORR) Stock Price | Nasdaq
Forrester Research Inc (FORR) Stock Quote, History and News - Yahoo Finance
Forrester Research Inc (FORR) Stock Price and Basic Information | MarketWatch
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