Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Forrester Research stock | 41.61

Own Forrester Research stock in just a few minutes.

Posted

Fact checked

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.

How to buy shares in Forrester Research

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Forrester Research. Find the stock by name or ticker symbol: FORR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Forrester Research reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$41.61, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Forrester Research, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Forrester Research. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Forrester Research's share price?

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.

Forrester Research share price

Use our graph to track the performance of FORR stocks over time.

Forrester Research shares at a glance

Information last updated 2020-10-20.
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
PE ratio 52.1806
Dividend yield USD$0.8 (1.99%)
Earnings per share (TTM) USD$0.719

Buy Forrester Research shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

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.

Is it a good time to buy Forrester Research stock?

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.

Forrester Research price performance over time

Historical closes compared with the close of $41.61 from 2020-11-16

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%

Is Forrester Research under- or over-valued?

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 P/E ratio

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 PEG ratio

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

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.

Forrester Research financials

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%
Profit margin 2.98%
Book value $9.239
Market capitalisation USD$704.1 million

TTM: trailing 12 months

Shorting Forrester Research shares

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)

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.

Forrester Research share dividends

We're not expecting Forrester Research to pay a dividend over the next 12 months.

Have Forrester Research's shares ever split?

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.

Forrester Research share price volatility

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".

FORR.US volatility(beta: 1.03)Avg. volatility(beta: 1.00)LowHigh

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 overview

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.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site