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Forrester Research, Inc. (FORR)

Stock Price: $37.25 USD 1.44 (4.02%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 698.81M
Revenue (ttm) 452.75M
Net Income (ttm) 3.23M
Shares Out 18.76M
EPS (ttm) 0.72
PE Ratio 51.74
Forward PE 49.75
Dividend $0.80
Dividend Yield 2.15%

Stock Quote

Trading Day Aug 7, 2020
Last Price $37.25
Previous Close $35.81
Change ($) 1.44
Change (%) 4.02%
Day's Open 35.49
Day's Range 35.30 - 37.37
Day's Volume 31,717
52-Week Range 22.45 - 50.00

More Stats

Market Cap 698.81M
Enterprise Value 807.19M
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date n/a
Shares Outstanding 18.76M
Float 9.80M
EPS (basic) 0.16
EPS (diluted) 0.72
FCF / Share 1.75
Dividend $0.80
Dividend Yield 2.15%
Earnings Yield 1.93%
FCF Yield 4.68%
Payout Ratio n/a
Shares Short 564,349
Short Ratio 14.42
Short % of Float 5.32%
Beta 0.99
PE Ratio 51.74
Forward PE 49.75
P/FCF Ratio 21.36
PS Ratio 1.54
PB Ratio 4.10
Revenue 452.75M
Operating Income 10.53M
Net Income 3.23M
Free Cash Flow 32.72M
Net Cash -108.38M
Net Cash / Share -5.78
Gross Margin 58.52%
Operating Margin 2.33%
Profit Margin 0.70%
FCF Margin 7.23%
ROA 1.94%
ROE 2.14%
ROIC 7.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 3
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$43.67*
(17.23% upside)
Low
42.0
Current: $37.25
High
45.0
Target: 43.67
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue462358338326314312298293283251
Revenue Growth29.12%5.89%3.55%3.94%0.53%4.84%1.58%3.42%13.01%-
Gross Profit265211201198187186181182180157
Operating Income-1.0822.4327.5530.7718.8318.2121.8330.7636.7230.75
Net Income-9.5715.3815.1417.6512.0010.8713.0226.3021.9920.51
Shares Outstanding18.4918.0917.9217.9817.9318.7120.8622.5022.6722.48
Earnings Per Share-0.520.840.830.970.660.570.611.150.950.89
EPS Growth-1.2%-14.43%46.97%15.79%-6.56%-46.96%21.05%6.74%-
Dividend Per Share-0.800.760.720.680.640.600.56-3.00
Dividend Growth-5.26%5.56%5.88%6.25%6.67%7.14%---
Operating Cash Flow48.4138.4237.4944.4833.9828.8030.7153.1555.4438.66
Capital Expenditures-11.89-5.05-7.86-4.14-3.93-1.50-3.13-5.10-39.78-13.43
Free Cash Flow36.5233.3729.6340.3430.0527.2927.5948.0415.6725.23
Cash & Equivalents67.90140134138101105155234218219
Total Debt198---------
Net Cash / Debt-130140134138101105155234218219
Assets639354345336319333402488488450
Liabilities481202204186192191198191197179
Book Value158152141150127142205297291272
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Forrester Research, Inc.
Country United States
Employees 1,843
CEO George F. Colony

Stock Information

Ticker Symbol FORR
Stock Exchange NASDAQ
Sector Industrials
Industry Consulting Services
Unique Identifier NASDAQ: FORR
IPO Date November 26, 1996

Description

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.