Forrester Research Inc
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- Market Cap.:
- $620.83 million
- Book Value:
- Revenue TTM:
- $537.79 million
- Operating Margin TTM:
- Gross Profit TTM:
- $314.01 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Forrester Research Inc had its IPO on 1996-11-26 under the ticker symbol FORR.
The company operates in the Industrials sector and Consulting Services industry. Forrester Research Inc has a staff strength of 2,033 employees.
Shares of Forrester Research Inc opened at $31.51 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $31.51 - $32.22, and closed at $32.07.
This is a +0.56% increase from the previous day's closing price.
A total volume of 35,999 shares were traded at the close of the day’s session.
In the last one week, shares of Forrester Research Inc have slipped by -1.41%.
Forrester Research Inc's Key Ratios
Forrester Research Inc has a market cap of $620.83 million, indicating a price to book ratio of 3.1461 and a price to sales ratio of 1.2341.
In the last 12-months Forrester Research Inc’s revenue was $537.79 million with a gross profit of $314.01 million and an EBITDA of $59.62 million. The EBITDA ratio measures Forrester Research Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Forrester Research Inc’s operating margin was 7.81% while its return on assets stood at 4.07% with a return of equity of 10.25%.
In Q4, Forrester Research Inc’s quarterly earnings growth was a positive 21.7% while revenue growth was a positive 2.4%.
Forrester Research Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $1.15 per share while it has a forward price to earnings multiple of 14.245 and a PEG multiple of 1.0173. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Forrester Research Inc’s profitability.
Forrester Research Inc stock is trading at a EV to sales ratio of 1.2302 and a EV to EBITDA ratio of 8.0795. Its price to sales ratio in the trailing 12-months stood at 1.2341.
Forrester Research Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $608.44 million
- Total Liabilities
- $269.39 million
- Operating Cash Flow
- Capital Expenditure
- $1.44 million
- Dividend Payout Ratio
Forrester Research Inc ended 2023 with $608.44 million in total assets and $0 in total liabilities. Its intangible assets were valued at $608.44 million while shareholder equity stood at $221.66 million.
Forrester Research Inc ended 2023 with $0 in deferred long-term liabilities, $269.39 million in other current liabilities, 244000.00 in common stock, $174.63 million in retained earnings and $242.15 million in goodwill. Its cash balance stood at $123.32 million and cash and short-term investments were $143.01 million. The company’s total short-term debt was $0 while long-term debt stood at $50.00 million.
Forrester Research Inc’s total current assets stands at $235.29 million while long-term investments were $0 and short-term investments were $19.69 million. Its net receivables were $73.35 million compared to accounts payable of $361000.00 and inventory worth $0.
In 2023, Forrester Research Inc's operating cash flow was $-1095000.00 while its capital expenditure stood at $1.44 million.
Comparatively, Forrester Research Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Forrester Research Inc stock is currently trading at $32.07 per share. It touched a 52-week high of $59.56 and a 52-week low of $59.56. Analysts tracking the stock have a 12-month average target price of $42.
Its 50-day moving average was $34.79 and 200-day moving average was $38.89 The short ratio stood at 1.41 indicating a short percent outstanding of 0%.
Around 3951.7% of the company’s stock are held by insiders while 5618.2% are held by institutions.
Frequently Asked Questions About Forrester Research Inc
Similar Industry Stocks (Consulting Services)
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.