How to Buy Forrester Research Stock
Forrester Research Inc
Forrester Research, Inc. operates as an independent research and advisory services company. The company operates in three segments: Research, Consulting, and Events.
Forrester Research stock last closed at $17.61, down 3.19% from the previous day, and has decreased 43.21% in one year. It has underperformed other stocks in the Consulting Services industry by 0.6 percentage points. Forrester Research stock is currently +2.03% from its 52-week low of $17.26, and -46.29% from its 52-week high of $32.79.
At the moment, there are 19.39M FORR shares outstanding. The market cap of FORR is $341.53M. In the last 24 hours, 250,453 FORR shares were traded.
How to Buy Forrester Research Stock
Not sure how to invest in Forrester Research stock? Here's how.
- Decide where to buy Forrester Research stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Forrester Research stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your details.
- Analyze Forrester Research stock: The Forrester Research ticker symbol is FORR. Is Forrester Research stock a good investment? Should you buy shares of FORR? How do FORR's underlying business fundamentals look? Do top analysts think Forrester Research is a good buy? Why has FORR's stock price moved recently? (Hint: Our stock market research website can help you figure out if FORR is a good stock to buy).
- Execute your FORR purchase: Decide if you will purchase FORR shares at the current market price or use a limit order to buy FORR stock at a specific price.
- Keep an eye on your FORR position: Create a watchlist to track your investment in Forrester Research shares.
Step 1: Decide where to buy Forrester Research stock
You need a brokerage account to access the NASDAQ market and buy FORR stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can buy FORR stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on the best stock app, you need to deposit funds:
Check out the walkthrough below if you need help transferring money into your new investment account.
Step 4: Analyze Forrester Research stock
Once you have chosen the best place to buy Forrester Research stock, it's crucial to evaluate their stock before you buy, so you can understand the risk as well as the opportunity.
Forrester Research Numbers
FORR Fundamentals
WallStreetZen was created to help part-time investors perform better fundamental analysis.
You can view all of the due diligence checks on FORR's stock page.
How is FORR stock valued?
You can use many financial metrics, analyses, models, and charts to gauge FORR's fair value.
Using relative valuations methods:
- FORR may be overvalued based on its P/E ratio of 110.06x, relative to Consulting Services industry P/E ratio of 27.66x
- FORR could be undervalued based on its P/B ratio of 1.42x, relative to Consulting Services industry P/B ratio of 7.52x
You can do additional valuation research on FORR's stock here.
FORR Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the FORR balance sheet.
- FORR's operating cash flow of $21.67M allows it to safely service it's debt of $72.67M.
Negative Financial Indicators:
- FORR earnings of $9.35M is not sufficient to cover its interest payments.
- FORR profit margin has gone down from 4.1% to 0.6% in the past year.
- There are more short-term liabilities than short-term assets on the FORR balance sheet.
- Total FORR debt is higher than 5 years ago, relative to shareholder equity.
- FORR has a relatively high debt to equity ratio of 1.35.
You can dive deeper into what analysts are projecting on the Forrester Research stock forecast page.
FORR Momentum
How is FORR performing as a company?
Last year, FORR earnings were $3.05M. Over the last 5 year, FORR's earnings have grown by -28.4% per year. This was slower than the Consulting Services industry average of 9.04%.
Last year, FORR revenue was $480.78M. During the last five year, FORR's revenue has increased by 6.1% per year. This was slower than the Consulting Services industry average of 7.56%.
Dive into FORR's earnings and revenue performance here.
Latest Insiders Trades at FORR
In the last year, insiders at FORR have sold more shares than they have bought.
Shirley MacBeth, Chief Marketing Officer of FORR, was the latest FORR insider to sell. They sold $16,351.55 worth of FORR shares on Apr 1, 2024.
Dig into more about who owns FORR stock here.
Does FORR provide a stable income stream?
No, Forrester Research doesn't provide an income stream by paying out dividends.
FORR Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your FORR purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your FORR position
Now that you own some shares in FORR, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to keep track of your FORR stock.
FORR Feed
How to Buy Stock in Forrester Research
To reiterate, here are the 6 steps you need to take to buy Forrester Research stock right now:
- Decide where to buy Forrester Research stock
- Create a brokerage account
- Fund your investment account
- Analyze Forrester Research stock
- Execute your FORR purchase
- Keep an eye on your FORR position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Forrester Research, get started below.
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