Forrester Research Inc
General ticker "FORR" information:
- Sector: Industrials
- Industry: Professional Services
- Capitalization: $315.1M
Forrester Research Inc does not follow the US Stock Market performance with the rate: -24.0%.
Estimated limits based on current volatility of 2.2%: low 14.95$, high 15.61$
Factors to consider:
- US accounted for 79.2% of revenue in the fiscal year ended 2022-12-31
- Current price 12.9% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [17.85$, 30.30$]
- 2024-12-30 to 2025-12-30 estimated range: [20.92$, 33.97$]
Financial Metrics affecting the FORR estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.90
- Positive: 1.03 < Operating profit margin, % of 1.41
- Positive: 4.38 < Industry earnings per price (median), % of 4.89
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 6.50
- Negative: Industry operating profit margin (median), % of 5.69 <= 6.82
Short-term FORR quotes
Long-term FORR plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $494.31MM | $537.79MM | $480.78MM |
| Operating Expenses | $455.67MM | $505.13MM | $474.01MM |
| Operating Income | $38.64MM | $32.65MM | $6.77MM |
| Non-Operating Income | $-5.45MM | $-1.93MM | $-0.48MM |
| Interest Expense | $4.22MM | $2.46MM | $3.06MM |
| Income(Loss) | $33.19MM | $30.72MM | $6.29MM |
| Taxes | $8.35MM | $8.92MM | $3.23MM |
| Profit(Loss) | $24.84MM | $21.81MM | $3.05MM |
| Stockholders Equity | $203.91MM | $221.66MM | $240.26MM |
| Inventory | $29.63MM | $24.56MM | $0.00MM |
| Assets | $680.13MM | $608.44MM | $564.17MM |
| Operating Cash Flow | $107.07MM | $39.42MM | $21.67MM |
| Capital expenditure | $10.74MM | $5.66MM | $5.50MM |
| Investing Cash Flow | $-29.30MM | $-6.81MM | $-36.76MM |
| Financing Cash Flow | $-49.14MM | $-38.87MM | $-18.30MM |
| Earnings Per Share* | $1.30 | $1.15 | $0.16 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.