FORR - Forrester Research Inc Stock Price, Fair Value and News

19.09USD+0.34 (+1.81%)Delayed as of 22 Apr 2024, 01:58 pm ET

Market Summary

USD19.09+0.34

Delayedas of 22 Apr 2024, 01:58 pm

1.81%

FORR Stock Price

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FORR RSI Chart

FORR Valuation

Market Cap

363.6M

Price/Earnings (Trailing)

119.23

Price/Sales (Trailing)

0.76

EV/EBITDA

27.89

Price/Free Cashflow

22.48

FORR Price/Sales (Trailing)

FORR Profitability

EBT Margin

1.31%

Return on Equity

1.27%

Return on Assets

0.54%

Free Cashflow Yield

4.45%

FORR Fundamentals

FORR Revenue

Revenue (TTM)

480.8M

Rev. Growth (Yr)

-13.74%

Rev. Growth (Qtr)

4.11%

FORR Earnings

Earnings (TTM)

3.0M

Earnings Growth (Yr)

59.33%

Earnings Growth (Qtr)

-126.69%

Breaking Down FORR Revenue

52 Week Range

18.7533.12

(Low)(High)

Last 7 days

-2.6%

Last 30 days

-11.7%

Last 90 days

-24.7%

Trailing 12 Months

-42.8%

How does FORR drawdown profile look like?

FORR Financial Health

Current Ratio

0.9

Debt/Equity

0.15

Debt/Cashflow

0.62

FORR Investor Care

Dividend Yield

3.87%

Dividend/Share (TTM)

0.79

Shares Dilution (1Y)

1.06%

Diluted EPS (TTM)

0.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	526.5M	513.8M	499.6M	480.8M
2022	505.5M	525.1M	534.6M	537.8M
2021	456.4M	471.5M	481.1M	494.3M
2020	467.4M	452.8M	452.7M	449.0M
2019	380.5M	412.3M	436.0M	461.7M
2018	338.2M	344.8M	349.4M	357.6M
2017	325.9M	327.8M	330.7M	337.7M
2016	315.9M	320.9M	323.6M	326.1M
2015	314.2M	314.0M	313.4M	313.7M
2014	299.4M	303.4M	308.9M	312.1M
2013	294.2M	294.2M	295.3M	297.6M
2012	288.0M	293.5M	292.5M	293.0M
2011	257.3M	266.1M	276.1M	283.6M
2010	0	239.1M	244.9M	250.7M
2009	0	0	0	233.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Forrester Research Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	macbeth shirley	sold (taxes)	-16,351	20.83	-785	chief marketing officer
Apr 01, 2024	macbeth shirley	acquired	-	-	2,676	chief marketing officer
Mar 12, 2024	colony george f	gifted	-	-	250,000	chairman and ceo
Mar 12, 2024	colony george f	gifted	-	-	-250,000	chairman and ceo
Mar 01, 2024	chouinard scott	acquired	-	-	745	chief accounting officer
Mar 01, 2024	bradford neil	sold (taxes)	-2,080	20.4	-102	-
Mar 01, 2024	finn leo christian	acquired	-	-	6,267	chief financial officer
Mar 01, 2024	darrah ryan	acquired	-	-	3,446	chief legal officer
Mar 01, 2024	macbeth shirley	sold (taxes)	-24,337	20.4	-1,193	chief marketing officer
Mar 01, 2024	leaver sharyn	acquired	-	-	4,073	chief research officer

Which funds bought or sold FORR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	sold off	-100	-214	-	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	new	-	194	194	-%
Apr 05, 2024	CWM, LLC	added	264	8,000	12,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	1,026	6,523	7,287	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	added	52.25	12,156	41,635	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.12	-2,859,610	37,302,200	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	80.65	722,415	1,791,280	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.82	-14,872	171,128	-%
Feb 26, 2024	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	unchanged	-	-8,000	94,000	-%
Feb 22, 2024	AUXIER ASSET MANAGEMENT	unchanged	-	-74,787	959,342	0.16%

Are Funds Buying or Selling FORR?

Are funds buying FORR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FORR

No. of Funds

Unveiling Forrester Research Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	4.7%	918,053	SC 13G/A
Feb 13, 2024	vanguard group inc	7.23%	1,391,355	SC 13G/A
Feb 07, 2024	colony george f	38.4%	7,380,411	SC 13G/A
Jan 24, 2024	blackrock inc.	9.7%	1,860,207	SC 13G/A
Jan 23, 2024	royce & associates lp	11.16%	2,146,862	SC 13G/A
Feb 09, 2023	vanguard group inc	7.23%	1,377,276	SC 13G/A
Jan 24, 2023	blackrock inc.	9.9%	1,876,680	SC 13G/A
Jan 23, 2023	royce & associates lp	10.16%	1,934,979	SC 13G/A
Jan 13, 2023	colony george f	38.7%	7,380,411	SC 13G/A
Oct 05, 2022	royce & associates lp	10.%	1,898,545	SC 13G/A

Recent SEC filings of Forrester Research Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	SC 13G/A	Major Ownership Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Forrester Research Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	99.9B	18.6B	-1.80%	12.81%	28.09	5.38	7.76%	13.08%
CTAS	67.1B	9.4B	4.15%	44.12%	44.63	7.13	9.34%	15.98%
CPRT	50.9B	4.1B	-7.03%	35.50%	37.5	12.53	10.52%	25.37%
EFX	26.8B	5.3B	-18.28%	6.96%	49.17	5.09	2.79%	-21.68%
BAH	18.4B	10.3B	-3.21%	44.25%	45.05	1.79	13.90%	-5.05%
ALLE	11.0B	3.7B	-7.50%	20.11%	20.27	3	11.58%	17.98%
MID-CAP
RHI	7.4B	6.4B	-12.37%	-5.88%	17.98	1.16	-11.68%	-37.51%
AL	5.4B	2.7B	5.12%	25.58%	8.86	2.03	15.87%	733.47%
SRCL	4.6B	2.7B	-5.28%	18.66%	-216.9	1.74	-1.68%	-137.70%
ABM	2.8B	8.2B	1.26%	3.84%	10.9	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	1.5B	-5.46%	87.76%	83.32	1.25	41.33%	169.51%
ALTG	380.2M	1.9B	-8.66%	-17.32%	42.72	0.2	19.40%	-4.30%
ARC	113.8M	281.2M	2.30%	-12.75%	13.81	0.4	-1.68%	-25.77%
AQMS	54.9M	1.1M	4.26%	-57.76%	-2.29	49.78	336.95%	-55.13%
AWX	8.8M	80.5M	-5.83%	-18.12%	-4.9	0.11	-0.82%	-207.00%

Forrester Research Inc News

Latest updates

Forrester Research Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.1%	118	113	136	114	137	128	148	125	134	118	129	114	121	109	114	106	124	109	128	101	99.00
Costs and Expenses	10.3%	120	108	127	119	140	119	128	119	122	112	116	106	116	108	102	106	117	110	124	112	90.00
S&GA Expenses	10.8%	44.00	40.00	42.00	42.00	49.00	44.00	45.00	44.00	48.00	41.00	43.00	39.00	45.00	42.00	39.00	40.00	45.00	42.00	44.00	42.00	35.00
EBITDA Margin	-15.7%	0.02*	0.03*	0.04*	0.06*	0.08*	0.10*	0.10*	0.09*	0.09*	0.08*	0.07*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.4%	-0.77	-0.76	-0.73	-0.79	-0.73	-0.58	-0.53	-0.61	-7.47	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	-
Income Taxes	-124.7%	-0.59	2.00	3.00	-1.30	-2.28	3.00	6.00	2.00	2.00	1.00	3.00	2.00	0.00	2.00	0.00	0.00	0.00	-0.73	1.00	-0.23	4.00
Earnings Before Taxes	-126.0%	-1.26	5.00	8.00	-5.38	-3.89	8.00	20.00	6.00	10.00	5.00	12.00	6.00	3.00	-1.36	12.00	-0.49	5.00	-3.43	2.00	-13.54	9.00
EBT Margin	78.6%	0.01*	0.01*	0.01*	0.04*	0.06*	0.08*	0.08*	0.07*	0.07*	0.05*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Net Income	-126.7%	-0.66	2.00	5.00	-4.07	-1.63	5.00	14.00	4.00	8.00	5.00	8.00	4.00	2.00	-3.76	12.00	-0.51	5.00	-2.70	2.00	-13.32	5.00
Net Income Margin	52.2%	0.01*	0.00*	0.01*	0.03*	0.04*	0.06*	0.06*	0.05*	0.05*	0.04*	0.02*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	242.2%	10.00	-7.24	2.00	11.00	0.00	2.00	11.00	21.00	21.00	10.00	26.00	39.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.2%	564	536	571	594	608	585	615	652	680	655	668	664	644	593	589	608	639	598	624	640	354
Current Assets	16.8%	216	185	210	226	235	204	223	249	269	238	245	236	217	158	159	173	192	151	167	178	236
Cash Equivalents	-28.3%	73.00	102	110	104	104	99.00	103	112	116	129	146	126	90.00	73.00	68.00	70.00	68.00	68.00	70.00	75.00	140
Net PPE	-1.5%	19.00	20.00	21.00	22.00	23.00	25.00	26.00	27.00	28.00	30.00	29.00	27.00	27.00	29.00	29.00	29.00	30.00	28.00	26.00	26.00	22.00
Goodwill	0.9%	244	242	243	243	242	239	241	244	245	245	246	246	247	245	243	243	244	239	242	243	85.00
Liabilities	6.8%	324	303	339	371	387	371	405	449	476	454	467	471	458	418	415	450	481	451	475	497	202
Current Liabilities	11.3%	240	216	244	269	269	247	277	305	312	277	288	284	270	224	227	257	269	249	260	270	190
Long Term Debt	0%	35.00	35.00	35.00	35.00	50.00	50.00	50.00	60.00	75.00	86.00	89.00	92.00	95.00	98.00	101	104	121	123	132	144	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	13.00	13.00	13.00	13.00	12.00	11.00	10.00	9.00	9.00	8.00	7.00	-
LT Debt, Non Current	0%	35.00	35.00	35.00	35.00	50.00	50.00	50.00	60.00	75.00	86.00	89.00	92.00	95.00	98.00	101	104	121	123	132	144	-
Shareholder's Equity	3.2%	240	233	232	223	222	214	210	202	204	201	202	192	186	175	173	158	158	148	150	144	152
Retained Earnings	-0.4%	178	178	176	171	175	176	171	157	153	145	140	132	128	126	129	117	118	113	116	114	128
Additional Paid-In Capital	1.6%	278	274	269	266	262	258	255	251	246	242	237	235	230	225	223	220	216	213	210	207	201
Shares Outstanding	0.1%	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	340,000	-	-	-	532,000	-	-	-	519,000	-	-	-	348	-	-	-	498	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	298.1%	11,882	-5,997	3,506	12,282	1,622	3,048	12,089	22,666	22,075	14,899	29,542	40,551	18,555	4,197	3,179	21,823	2,784	12,093	7,541	25,988	986
Share Based Compensation	4.2%	4,317	4,144	3,860	3,165	3,507	3,905	3,837	3,294	2,719	2,462	2,397	2,492	2,914	2,697	2,464	2,802	3,079	3,072	2,848	2,685	2,109
Cashflow From Investing	-1605.7%	-43,063	2,860	2,102	1,342	-1,095	-2,127	-1,680	-1,912	-2,446	-21,607	-3,775	-1,468	-1,626	2,166	-2,709	-2,401	495,562	-2,438	-1,864	-241,715	50,526
Cashflow From Financing	98.1%	-57.00	-3,003	-1,000	-14,239	-82.00	-499	-15,553	-22,737	-33,615	-9,075	-5,462	-991	-2,230	-3,828	-2,338	-15,291	-847	-10,392	-10,684	151,361	-1,877
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,663
Buy Backs	-100.0%	-	3,262	820	-	-	-	5,653	9,459	9,420	7,973	2,673	-	-	-	-	-	-	-	-	-	-

FORR Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenues	$ 480,779	$ 537,787	$ 494,315
Operating expenses:
Cost of services and fulfillment	204,484	223,773	201,815
Selling and marketing	167,352	181,940	170,949
General and administrative	68,497	67,655	58,056
Depreciation	8,452	9,269	9,390
Amortization of intangible assets	11,956	13,161	15,129
Integration costs	0	0	334
Restructuring costs	13,272	9,335	0
Total operating expenses	474,013	505,133	455,673
Income from operations	6,766	32,654	38,642
Interest expense	(3,060)	(2,461)	(4,222)
Other income (expense), net	2,371	222	(1,229)
Gains on investments, net	208	309	0
Income before income taxes	6,285	30,724	33,191
Income tax expense	3,235	8,918	8,347
Net income	$ 3,050	$ 21,806	$ 24,844
Basic income per common share	$ 0.16	$ 1.15	$ 1.3
Diluted income per common share	$ 0.16	$ 1.14	$ 1.28
Basic weighted average common shares outstanding	19,183	18,967	19,110
Diluted weighted average common shares outstanding	19,258	19,172	19,357
Research [Member]
Revenues:
Total revenues	$ 334,396	$ 354,453	$ 325,340
Consulting [Member]
Revenues:
Total revenues	118,228	152,587	156,114
Events [Member]
Revenues:
Total revenues	$ 28,155	$ 30,747	$ 12,861

FORR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents shown in balance sheets	$ 72,909	$ 103,629
Marketable investments (Note 2)	51,580	19,688
Accounts receivable, net of allowance for expected credit losses of $574 and $560 as of December 31, 2023 and 2022, respectively (Note 1,13)	58,999	73,345
Deferred commissions	23,207	24,559
Prepaid expenses and other current assets	9,305	14,069
Total current assets	216,000	235,290
Property and equipment, net	19,401	23,208
Operating lease right-of-use assets	39,722	49,970
Goodwill	244,257	242,149
Intangible assets, net	37,637	49,504
Other assets	7,157	8,317
Total assets	564,174	608,438
Current Liabilities:
Accounts payable	1,796	361
Accrued expenses and other current liabilities	81,482	91,007
Deferred revenue	156,798	178,021
Total current liabilities	240,076	269,389
Long-term debt	35,000	50,000
Non-current operating lease liabilities	37,673	50,751
Other non-current liabilities (Note 13)	11,160	16,642
Total liabilities	323,909	386,782
Commitments and contingencies (Note14)
Stockholders' Equity:
Preferred stock, $0.01 par value Authorized - 500 shares; issued and outstanding - none	0	0
Common stock, $0.01 par value Authorized - 125,000 shares Issued - 24,684 and 24,367 shares as of December 31, 2023 and 2022, respectively Outstanding - 19,248 and 19,062 shares as of December 31, 2023 and 2022, respectively	247	244
Additional paid-in capital	278,057	261,766
Retained earnings	177,681	174,631
Treasury stock - 5,437 and 5,305 shares as of December 31, 2023 and 2022, respectively	(211,149)	(207,067)
Accumulated other comprehensive loss	(4,571)	(7,918)
Total stockholders’ equity	240,265	221,656
Total liabilities and stockholders’ equity	$ 564,174	$ 608,438

About Forrester Research Inc

Forrester Research, Inc. operates as an independent research and advisory company in the United States and internationally. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions, Forrester Research, and SiriusDecisions Research, which are designed to provide business and technology leaders with a proven path to growth through customer obsession. This segment delivers content, such as future trends, predictions, and market forecasts; deep consumer and business buyer data and insights; curated best practice models and tools to run business functions; operational and performance benchmarking data; and technology and service market landscapes and vendor evaluations. The Consulting segment provides consulting projects, include conducting maturity assessments, prioritizing best practices, developing strategies, building business cases, selecting technology vendors, structuring organizations, developing content marketing strategies and collateral, and sales tools; and advisory services. The Events segment hosts events related to business-to-business marketing, sales and product leadership, customer experience, security and risk, new technology and innovation, and data strategies and insights. The company sells its products and services through direct sales force in various locations. Forrester Research, Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.

CEO	Mr. George F. Colony
WEBSITE	forrester.com
INDUSTRY	Information Technology Services
EMPLOYEES	1793

Forrester Research Inc Frequently Asked Questions

What is the ticker symbol for Forrester Research Inc? What does FORR stand for in stocks?

FORR is the stock ticker symbol of Forrester Research Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Forrester Research Inc (FORR)?

As of Fri Apr 19 2024, market cap of Forrester Research Inc is 363.64 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FORR stock?

You can check FORR's fair value in chart for subscribers.

What is the fair value of FORR stock?

You can check FORR's fair value in chart for subscribers. The fair value of Forrester Research Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Forrester Research Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FORR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Forrester Research Inc a good stock to buy?

The fair value guage provides a quick view whether FORR is over valued or under valued. Whether Forrester Research Inc is cheap or expensive depends on the assumptions which impact Forrester Research Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FORR.

What is Forrester Research Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, FORR's PE ratio (Price to Earnings) is 119.23 and Price to Sales (PS) ratio is 0.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FORR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Forrester Research Inc's stock?

In the past 10 years, Forrester Research Inc has provided -0.054 (multiply by 100 for percentage) rate of return.