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NASDAQ: FORR
Forrester Research Inc Stock

$18.77+0.02 (+0.11%)
Updated Apr 22, 2024
FORR Price
$18.77
Fair Value Price
$37.66
Market Cap
$364.03M
52 Week Low
$18.30
52 Week High
$33.12
P/E
117.31x
P/B
1.52x
P/S
1.07x
PEG
N/A
Dividend Yield
N/A
Revenue
$480.78M
Earnings
$3.05M
Gross Margin
57.5%
Operating Margin
1.94%
Profit Margin
0.6%
Debt to Equity
1.35
Operating Cash Flow
$22M
Beta
1.04
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

FORR Overview

Forrester Research, Inc. operates as an independent research and advisory services company. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research portfolio services include Forrester Research, SiriusDecisions Research, and Forrester Decisions, which are designed to provide business and technology leaders with a proven path to growth through customer obsession. This segment delivers content, such as future trends, predictions, and market forecasts; deep consumer and business buyer data and insights; curated best practice models and tools to run business functions; operational and performance benchmarking data; and technology and service market landscapes and vendor evaluations through online access. The Consulting segment provides consulting projecs, including conducting maturity assessments, prioritizing best practices, developing strategies, building business cases, selecting technology vendors, structuring organizations, developing content marketing strategies and collateral, and sales tools; and advisory services. The Events segment hosts in-person and virtual events related to business-to-business marketing, sales and product leadership, customer experience, security and risk, new technology and innovation, and data strategies and insights. The company sells its products and services through direct sales force in various locations in the United States, Europe, the United Kingdom, Canada, the Asia Pacific region, and internationally. Forrester Research, Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.

Zen Score

Industry Average (37)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FORR scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FORR ($18.77) is undervalued by 50.16% relative to our estimate of its Fair Value price of $37.66 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
FORR ($18.77) is significantly undervalued by 50.16% relative to our estimate of its Fair Value price of $37.66 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
FORR was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more FORR due diligence checks available for Premium users.

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FORR News

Valuation

FORR fair value

Fair Value of FORR stock based on Discounted Cash Flow (DCF)
Price
$18.77
Fair Value
$37.66
Undervalued by
50.16%
FORR ($18.77) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FORR ($18.77) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FORR was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FORR price to earnings (PE)

For valuing profitable companies with steady earnings
Company
117.31x
Industry
32.95x
Market
41x
FORR is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FORR is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

FORR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.52x
Industry
7.33x
FORR is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FORR's financial health

Profit margin

Revenue
$118.1M
Net Income
-$663.0k
Profit Margin
-0.6%
FORR's Earnings (EBIT) of $9.35M... subscribe to Premium to read more.
Interest Coverage Financials
FORR's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$564.2M
Liabilities
$323.9M
Debt to equity
1.35
FORR's short-term liabilities ($240.08M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FORR's short-term assets ($216.00M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FORR's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FORR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$11.9M
Investing
-$43.1M
Financing
-$57.0k
FORR's operating cash flow ($21.67M)... subscribe to Premium to read more.
Debt Coverage Financials

FORR vs Consulting Service Stocks

TickerMarket Cap1d %P/EP/B
FORR$364.03M+0.11%117.31x1.52x
RGP$379.66M-0.35%16.51x0.92x
FC$529.45M+1.09%31.18x7.48x
VCIG$41.74M-1.71%7.37x2.73x
AERT$35.38M+7.35%0.00x-0.82x

Forrester Research Stock FAQ

What is Forrester Research's quote symbol?

(NASDAQ: FORR) Forrester Research trades on the NASDAQ under the ticker symbol FORR. Forrester Research stock quotes can also be displayed as NASDAQ: FORR.

If you're new to stock investing, here's how to buy Forrester Research stock.

What is the 52 week high and low for Forrester Research (NASDAQ: FORR)?

(NASDAQ: FORR) Forrester Research's 52-week high was $33.12, and its 52-week low was $18.30. It is currently -43.33% from its 52-week high and 2.6% from its 52-week low.

How much is Forrester Research stock worth today?

(NASDAQ: FORR) Forrester Research currently has 19,394,000 outstanding shares. With Forrester Research stock trading at $18.77 per share, the total value of Forrester Research stock (market capitalization) is $364.03M.

Forrester Research stock was originally listed at a price of $11.38 in Dec 31, 1997. If you had invested in Forrester Research stock at $11.38, your return over the last 26 years would have been 65.01%, for an annualized return of 1.94% (not including any dividends or dividend reinvestments).

How much is Forrester Research's stock price per share?

(NASDAQ: FORR) Forrester Research stock price per share is $18.77 today (as of Apr 22, 2024).

What is Forrester Research's Market Cap?

(NASDAQ: FORR) Forrester Research's market cap is $364.03M, as of Apr 23, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Forrester Research's market cap is calculated by multiplying FORR's current stock price of $18.77 by FORR's total outstanding shares of 19,394,000.
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