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

18.90USD-0.23 (-1.20%)Market Closed

Market Summary

USD18.90-0.23

Market Closed

-1.20%

FORR Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)
Losses in recent quarter

FORR Stock Price

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FORR RSI Chart

FORR Valuation

Market Cap

365.5M

Price/Earnings (Trailing)

808.67

Price/Sales (Trailing)

0.78

EV/EBITDA

40.81

Price/Free Cashflow

77.56

FORR Price/Sales (Trailing)

FORR Profitability

EBT Margin

0.62%

Return on Equity

0.2%

Return on Assets

0.08%

Free Cashflow Yield

1.29%

FORR Fundamentals

FORR Revenue

Revenue (TTM)

467.2M

Rev. Growth (Yr)

-11.96%

Rev. Growth (Qtr)

-15.25%

FORR Earnings

Earnings (TTM)

452.0K

Earnings Growth (Yr)

-63.75%

Earnings Growth (Qtr)

-906.49%

Breaking Down FORR Revenue

52 Week Range

18.6232.79

(Low)(High)

Last 7 days

5.1%

Last 30 days

-5.0%

Last 90 days

-18.0%

Trailing 12 Months

-25.2%

How does FORR drawdown profile look like?

FORR Financial Health

Current Ratio

0.91

Debt/Equity

0.15

Debt/Cashflow

0.29

FORR Investor Care

Dividend Yield

4.35%

Dividend/Share (TTM)

0.79

Buy Backs (1Y)

0.48%

Diluted EPS (TTM)

0.03

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
2024	467.2M	0	0	0
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

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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
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	sold off	-100	-288,422	-	-%
May 06, 2024	SG Americas Securities, LLC	sold off	-100	-117,000	-	-%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	sold off	-100	-267,242	-	-%
May 06, 2024	Quantbot Technologies LP	new	-	223,469	223,469	0.01%
May 03, 2024	HUNTINGTON NATIONAL BANK	added	4,100	879	906	-%
May 03, 2024	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	sold off	-100	-89,358	-	-%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	reduced	-18.72	-28,026	52,887	-%
May 03, 2024	GSA CAPITAL PARTNERS LLP	added	44.4	174,000	1,253,000	0.10%
May 02, 2024	NISA INVESTMENT ADVISORS, LLC	reduced	-0.34	-23,502	94,864	-%
May 02, 2024	CAMBIAR INVESTORS LLC	reduced	-2.63	-441,723	1,594,470	0.06%

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
May 03, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
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

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	100.3B	18.9B	0.11%	14.39%	27.12	5.3	7.08%	13.46%
CTAS	70.3B	9.4B	2.80%	50.48%	46.74	7.47	9.34%	15.98%
CPRT	53.8B	4.1B	-1.08%	40.87%	39.65	13.25	10.52%	25.37%
EFX	29.3B	5.4B	-7.58%	18.00%	52.46	5.47	5.76%	-4.95%
BAH	19.6B	10.3B	3.10%	65.53%	47.98	1.9	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.04%	15.52%	20.1	3	4.33%	10.69%
MID-CAP
RHI	7.3B	6.2B	-7.07%	4.18%	20.81	1.19	-13.83%	-42.32%
AL	5.3B	2.7B	-5.44%	27.24%	9.12	1.96	15.08%	16.51%
SRCL	4.4B	2.6B	-8.57%	7.98%	-225.16	1.66	-3.11%	-123.81%
ABM	2.8B	8.2B	0.27%	4.61%	10.88	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-2.99%	111.86%	18.84	0.71	104.63%	188.16%
ALTG	387.8M	1.9B	-8.23%	-12.51%	43.57	0.21	19.40%	-4.30%
ARC	114.2M	281.2M	0.74%	-1.09%	13.87	0.41	-1.68%	-25.77%
AQMS	54.9M	1.1M	-27.94%	-56.25%	-2.29	49.78	336.95%	-55.13%
AWX	8.3M	80.5M	-3.03%	-16.10%	-4.62	0.1	-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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-15.3%	100	118	113	136	114	137	128	148	125	134	118	129	114	121	109	114	106	124	109	128	101
Costs and Expenses	-8.5%	109	120	108	127	119	140	119	128	119	122	112	116	106	116	108	102	106	117	110	124	112
S&GA Expenses	-11.0%	39.00	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
EBITDA Margin	-26.8%	0.02*	0.02*	0.02*	0.03*	0.05*	0.07*	0.08*	0.08*	0.07*	0.08*	0.08*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.6%	-0.76	-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	-258.6%	-2.11	-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
Earnings Before Taxes	-594.1%	-8.78	-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
EBT Margin	-52.7%	0.01*	0.01*	0.01*	0.01*	0.04*	0.06*	0.08*	0.08*	0.07*	0.07*	0.05*	0.04*	-	-	-	-	-	-	-	-	-
Net Income	-906.5%	-6.67	-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
Net Income Margin	-84.8%	0.00*	0.01*	0.00*	0.01*	0.03*	0.04*	0.06*	0.06*	0.05*	0.05*	0.04*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	-107.9%	-0.81	10.00	-7.24	2.00	11.00	0.00	2.00	11.00	21.00	21.00	10.00	26.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.5%	556	564	536	571	594	608	585	615	652	680	655	668	664	644	593	589	608	639	598	624	640
Current Assets	1.2%	219	216	185	210	226	235	204	223	249	269	238	245	236	217	158	159	173	192	151	167	178
Cash Equivalents	-15.8%	61.00	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
Net PPE	-8.3%	18.00	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
Goodwill	-0.5%	243	244	242	243	243	242	239	241	244	245	245	246	246	247	245	243	243	244	239	242	243
Liabilities	0.3%	325	324	303	339	371	387	371	405	449	476	454	467	471	458	418	415	450	481	451	475	497
Current Liabilities	0.4%	241	240	216	244	269	269	247	277	305	312	277	288	284	270	224	227	257	269	249	260	270
Long Term Debt	0%	35.00	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	-100.0%	-	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	-3.9%	231	240	233	232	223	222	214	210	202	204	201	202	192	186	175	173	158	158	148	150	144
Retained Earnings	-3.8%	171	178	178	176	171	175	176	171	157	153	145	140	132	128	126	129	117	118	113	116	114
Additional Paid-In Capital	1.2%	281	278	274	269	266	262	258	255	251	246	242	237	235	230	225	223	220	216	213	210	207
Shares Outstanding	0.0%	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-94.9%	611	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
Share Based Compensation	-17.2%	3,574	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
Cashflow From Investing	83.2%	-7,236	-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
Cashflow From Financing	-7396.5%	-4,273	-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
Buy Backs	-	4,097	-	3,262	820	-	-	-	5,653	9,459	9,420	7,973	2,673	-	-	-	-	-	-	-	-	-

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FORR Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 100,077,000	$ 113,670,000
Operating expenses:
Cost of services and fulfillment	44,690,000	49,292,000
Selling and marketing	39,422,000	41,532,000
General and administrative	14,059,000	21,227,000
Depreciation	2,060,000	2,104,000
Amortization of intangible assets	2,514,000	3,066,000
Restructuring costs	6,624,000	1,589,000
Total operating expenses	109,369,000	118,810,000
Loss from operations	(9,292,000)	(5,140,000)
Interest expense	(762,000)	(793,000)
Other income, net	1,274,000	550,000
Loss before income taxes	(8,780,000)	(5,383,000)
Income tax benefit	(2,107,000)	(1,308,000)
Net loss	$ (6,673,000)	$ (4,075,000)
Basic loss per common share	$ (0.35)	$ (0.21)
Diluted loss per common share	$ (0.35)	$ (0.21)
Basic weighted average common shares outstanding	19,285	19,108
Diluted weighted average common shares outstanding	19,285	19,108
Research [Member]
Revenues:
Total revenues	$ 76,581,000	$ 80,906,000
Consulting [Member]
Revenues:
Total revenues	23,141,000	31,750,000
Events [Member]
Revenues:
Total revenues	$ 355,000	$ 1,014,000

FORR Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 61,379	$ 72,909
Marketable investments	57,095	51,580
Accounts receivable, net of allowance for expected credit losses of $764 and $574 as of March 31, 2024 and December 31, 2023, respectively	54,717	58,999
Deferred commissions	21,498	23,207
Prepaid expenses and other current assets	23,892	9,305
Total current assets	218,581	216,000
Property and equipment, net	17,787	19,401
Operating lease right-of-use assets	34,380	39,722
Goodwill	243,028	244,257
Intangible assets, net	35,073	37,637
Other assets	6,821	7,157
Total assets	555,670	564,174
Current Liabilities:
Accounts payable	2,749	1,796
Accrued expenses and other current liabilities	44,698	81,482
Deferred revenue	193,664	156,798
Total current liabilities	241,111	240,076
Long-term debt	35,000	35,000
Non-current operating lease liabilities	34,472	37,673
Other non-current liabilities	14,156	11,160
Total liabilities	324,739	323,909
Commitments and contingencies (Note 15)
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 - 24,881 and 24,684 shares as of March 31, 2024 and December 31, 2023, respectively Outstanding - 19,242 and 19,248 shares as of March 31, 2024 and December 31, 2023, respectively	249	247
Additional paid-in capital	281,453	278,057
Retained earnings	171,008	177,681
Treasury stock - 5,639 and 5,437 shares as of March 31, 2024 and December 31, 2023, respectively	(215,246)	(211,149)
Accumulated other comprehensive loss	(6,533)	(4,571)
Total stockholders’ equity	230,931	240,265
Total liabilities and stockholders’ equity	$ 555,670	$ 564,174

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 Tue May 07 2024, market cap of Forrester Research Inc is 365.52 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 Tue May 07 2024, FORR's PE ratio (Price to Earnings) is 808.67 and Price to Sales (PS) ratio is 0.78. 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.