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How to buy Forrester Research stock in Canada | $42.91
Own Forrester Research shares in just a few minutes.
Forrester Research is a consulting services business based in the US. Forrester Research stocks (FORR.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $47.02 – an increase of 0.85% over the previous week. Forrester Research employs 1,749 staff and has a trailing 12-month revenue of around $456.4 million.
How to buy Forrester Research stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: FORR in this case.
- Research Forrester Research stocks. The platform should provide the latest information available.
- Buy your Forrester Research stocks. It's that simple.
What's in this guide?
- Can I buy shares in Forrester Research?
- Has coronavirus impacted Forrester Research shares?
- Forrester Research shares summary
- Compare share dealing platforms
- Is Forrester Research stock a buy or sell?
- Forrester Research performance over time
- Can I short Forrester Research shares?
- Are Forrester Research shares over-valued?
- Forrester Research's financials
- How volatile are Forrester Research shares?
- Does Forrester Research pay a dividend?
- Have Forrester Research shares ever split?
- Other common questions
How has Coronavirus impacted Forrester Research's stock price?
Since the stock market crash in March caused by coronavirus, Forrester Research's stock price has had significant positive movement.
Its last market close was $42.91, which is 6.41% up on its pre-crash value of $40.16 and 91.14% up on the lowest point reached during the March crash when the stocks fell as low as $22.45.
If you had bought $1,000 worth of Forrester Research stocks at the start of February 2020, those stocks would have been worth $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 $1,035.42.
Forrester Research stock priceUse our graph to track the performance of FORR stocks over time.
Forrester Research stocks at a glance
|Latest market close||$42.91|
|52-week range||$30.88 - $47.44|
|50-day moving average||$43.9853|
|200-day moving average||$43.5462|
|Wall St. target price||$52.5|
|Dividend yield||$0.2 (0.43%)|
|Earnings per share (TTM)||$0.764|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
Forrester Research price performance over time
|1 month (2021-06-25)||-5.53%|
|3 months (2021-04-26)||-0.85%|
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 61x. In other words, Forrester Research stocks trade at around 61x 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 stocks 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 2.378. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.
Forrester Research's EBITDA
Forrester Research's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$49.7 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$456.4 million|
|Operating margin TTM||5.7%|
|Gross profit TTM||USD$268.1 million|
|Return on assets TTM||2.56%|
|Return on equity TTM||8.25%|
|Market capitalisation||USD$889.9 million|
TTM: trailing 12 months
How to short and sell Forrester Research stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "FORR.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 408,835 Forrester Research stocks held short by investors – that's known as Forrester Research's "short interest". This figure is 5.9% down from 434,680 last month.
There are a few different ways that this level of interest in shorting Forrester Research stocks can be evaluated.
Forrester Research's "short interest ratio" (SIR)
Forrester Research's "short interest ratio" (SIR) is the quantity of Forrester Research stocks currently shorted divided by the average quantity of Forrester Research stocks traded daily (recently around 39048.2330468). Forrester Research's SIR currently stands at 10.47. In other words for every 100,000 Forrester Research stocks traded daily on the market, roughly 10470 stocks are currently held short.
However Forrester Research's short interest can also be evaluated against the total number of Forrester Research stocks, or, against the total number of tradable Forrester Research stocks (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 0.02% of the outstanding stocks (for every 100,000 Forrester Research stocks in existence, roughly 20 stocks are currently held short) or 0.0366% of the tradable stocks (for every 100,000 tradable Forrester Research stocks, roughly 37 stocks are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the stock price and a discouraging interest in betting against Forrester Research.
Find out more about how you can short Forrester Research stock.
Forrester Research stock dividends
We're not expecting Forrester Research to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Have Forrester Research stocks ever split?
Forrester Research stocks were split on a 2:1 basis on 7 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 stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Forrester Research stocks which in turn could have impacted Forrester Research's stock price.
Forrester Research stock price volatility
Over the last 12 months, Forrester Research's stocks have ranged in value from as little as $30.88 up to $47.44. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Forrester Research's is 1.0767. This would suggest that Forrester Research's stocks 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 and advisory services company in the United States and internationally. The company operates through Research, Consulting, and Events segments. Its primary subscription research product is Research, which offers clients with access to its research designed to inform their strategic decision-making. The company 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 business-to-business (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, the company's 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; and FeedbackNow, a customer experience cloud solution. Additionally, it offers advisory and project consulting services; and hosts various events. The company was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.
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Forrester Research in the news
Earnings Preview: Forrester Research (FORR) Q2 Earnings Expected to Decline
Forrester Research To Broadcast Its 2021 Second-Quarter Earnings Conference Call
Forrester Research To Broadcast Its 2021 Second-Quarter Earnings Conference Call
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