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Forrester Research, Inc is a consulting services business based in the US. Forrester Research shares (FORR) are listed on the NASDAQ and all prices are listed in US Dollars. Forrester Research employs 1,843 staff and has a trailing 12-month revenue of around USD$452.8 million.
Since the stock market crash in March caused by coronavirus, Forrester Research's share price has had significant positive movement.
Its last market close was USD$41.61, which is 3.48% up on its pre-crash value of USD$40.16 and 85.35% up on the lowest point reached during the March crash when the shares fell as low as USD$22.45.
If you had bought USD$1,000 worth of Forrester Research shares at the start of February 2020, those shares would have been worth USD$627.14 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,004.05.
|Latest market close||USD$41.61|
|52-week range||USD$22.45 - USD$46|
|50-day moving average||USD$34.6244|
|200-day moving average||USD$33.2728|
|Wall St. target price||USD$43.67|
|Dividend yield||USD$0.8 (1.99%)|
|Earnings per share (TTM)||USD$0.719|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-23)||-1.68%|
|1 month (2020-10-30)||12.64%|
|3 months (2020-08-28)||15.39%|
|6 months (2020-05-29)||32.52%|
|1 year (2019-11-29)||4.21%|
|2 years (2018-11-30)||-10.98%|
|3 years (2017-11-30)||-10.42%|
|5 years (2015-11-30)||27.48%|
Valuing Forrester Research stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Forrester Research's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Forrester Research's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 52x. In other words, Forrester Research shares trade at around 52x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Forrester Research's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9815. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Forrester Research's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Forrester Research's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$49 million.
The EBITDA is a measure of a Forrester Research's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$452.8 million|
|Operating margin TTM||5.33%|
|Gross profit TTM||USD$265 million|
|Return on assets TTM||2.49%|
|Return on equity TTM||8.37%|
|Market capitalisation||USD$704.1 million|
TTM: trailing 12 months
There are currently 585,441 Forrester Research shares held short by investors – that's known as Forrester Research's "short interest". This figure is 1.8% up from 574,819 last month.
There are a few different ways that this level of interest in shorting Forrester Research shares can be evaluated.
Forrester Research's "short interest ratio" (SIR) is the quantity of Forrester Research shares currently shorted divided by the average quantity of Forrester Research shares traded daily (recently around 46574.46300716). Forrester Research's SIR currently stands at 12.57. In other words for every 100,000 Forrester Research shares traded daily on the market, roughly 12570 shares are currently held short.
However Forrester Research's short interest can also be evaluated against the total number of Forrester Research shares, or, against the total number of tradable Forrester Research shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Forrester Research's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Forrester Research shares in existence, roughly 30 shares are currently held short) or 0.0534% of the tradable shares (for every 100,000 tradable Forrester Research shares, roughly 53 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Forrester Research.
Find out more about how you can short Forrester Research stock.
We're not expecting Forrester Research to pay a dividend over the next 12 months.
Forrester Research's shares were split on a 2:1 basis on 8 February 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Forrester Research shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Forrester Research shares which in turn could have impacted Forrester Research's share price.
Over the last 12 months, Forrester Research's shares have ranged in value from as little as $22.45 up to $46. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Forrester Research's is 1.0347. This would suggest that Forrester Research's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Forrester Research, Inc. operates as an independent research, data, and advisory services company in the United States and internationally. It operates through Products, Research, and SiriusDecisions segments. Its primary syndicated research product is Research, which offers clients with access to its research designed to inform their strategic decision-making. It also provides Playbooks, a set of integrated reports and tools to tackle critical business initiatives; SiriusDecisions Research that delivers operational intelligence and fact-based insight to functional marketing, sales, and product leaders of B2B organizations and their teams; and SiriusDecisions Command Center to offer performance benchmarking metrics in a self-service platform to aid sales, marketing, and product leaders in planning, uncovering new opportunities, and making business cases. In addition, it offers leadership boards that are peer groups for executives and other senior leaders at large organizations; executive programs with a trusted partner who help the executives and their teams establish and tackle their initiatives; and certification courses for leaders and their teams. Further, its analytics products and services include Customer Experience Index, a framework for assessing and measuring customer experience quality; Consumer Technographics, a quantitative research program; Business Technographics to provide assessments of what motivates businesses to choose certain technologies and vendors, as well as measures and reports on the current information consumption patterns of key influencers for technology purchases; FeedbackNow, a customer experience cloud solution; and ForecastView to provide a detailed evaluation of market size, based on expert analysis and quantitative insights from consumer and business surveys. Additionally, it offers advisory and project consulting services; and hosts various events. The company was founded in 1983 and is headquartered in Cambridge, Massachusetts.
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