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Forrester Research, Inc. (FORR)

Stock Price: $42.32 USD 0.50 (1.20%)
Updated November 23, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 802.56M
Revenue (ttm) 452.73M
Net Income (ttm) 12.45M
Shares Out 18.96M
EPS (ttm) 0.66
PE Ratio 64.12
Forward PE 23.75
Dividend $0.80
Dividend Yield 1.89%

Stock Quote

Trading Day November 23
Last Price $42.32
Previous Close $41.82
Change ($) 0.50
Change (%) 1.20%
Day's Open 41.90
Day's Range 41.71 - 42.43
Day's Volume 37,007
52-Week Range 22.45 - 50.00

More Stats

Market Cap 802.56M
Enterprise Value 912.46M
Earnings Date (est) Feb 17, 2021
Ex-Dividend Date n/a
Shares Outstanding 18.96M
Float 10.92M
EPS (basic) 0.66
EPS (diluted) 0.66
FCF / Share 1.12
Dividend $0.80
Dividend Yield 1.89%
Earnings Yield 1.56%
FCF Yield 2.64%
Payout Ratio n/a
Shares Short 611,348
Short Ratio 17.36
Short % of Float 5.60%
Beta 1.02
PE Ratio 64.12
Forward PE 23.75
P/FCF Ratio 37.90
PS Ratio 1.77
PB Ratio 4.54
Revenue 452.73M
Operating Income 18.95M
Net Income 12.45M
Free Cash Flow 21.18M
Net Cash -109.90M
Net Cash / Share -5.80
Gross Margin 58.53%
Operating Margin 4.19%
Profit Margin 2.80%
FCF Margin 4.68%
ROA 2.51%
ROE 7.73%
ROIC 14.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (4)

Buy 2
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$44.33*
(4.75% upside)
Low
42.0
Current: $42.32
High
47.0
Target: 44.33
*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 1,823
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 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.