Forrester Research, Inc.
General ticker "FORR" information:
- Sector: Industrials
- Industry: Professional Services
- Capitalization: $216.2M (TTM average)
Forrester Research, Inc. does not follow the US Stock Market performance with the rate: -6.2%.
Estimated limits based on current volatility of 2.5%: low 6.93$, high 7.28$
Factors to consider:
- Total employees count: 1571 (-9.9%) as of 2024
- US accounted for 77.3% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Decline in renewals/demand, Geopolitical risks, Key management loss, Staffing challenges, Liquidity and credit risks
- Current price 39.9% 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [11.35$, 18.85$]
- 2025-12-31 to 2026-12-31 estimated range: [11.68$, 19.24$]
Financial Metrics affecting the FORR estimates:
- Positive: with PPE of 10.6 at the end of fiscal year the price was very low
- Negative: Operating cash flow per share per price, % of -1.30 <= 0.33
- Positive: -3.60 < Operating profit margin, % of 0.17
- Negative: negative Industry operating cash flow (median)
- Negative: Industry earnings per price (median), % of 0 <= 0
- Positive: Inventory ratio change, % of -0.65 <= 0
- Negative: 0.79 < Interest expense per share per price, % of 1.01
- Negative: 41.86 < Shareholder equity ratio, % of 45.56 <= 63.39
Short-term FORR quotes
Long-term FORR plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $537.79MM | $480.78MM | $430.69MM |
| Operating Expenses | $505.13MM | $474.01MM | $429.95MM |
| Operating Income | $32.65MM | $6.77MM | $0.74MM |
| Non-Operating Income | $-1.93MM | $-0.48MM | $1.90MM |
| Interest Expense | $2.46MM | $3.06MM | $3.01MM |
| Income(Loss) | $30.72MM | $6.29MM | $2.64MM |
| Taxes | $8.92MM | $3.23MM | $8.38MM |
| Profit(Loss)* | $21.81MM | $3.05MM | $-5.75MM |
| Stockholders Equity | $221.66MM | $240.26MM | $229.54MM |
| Assets | $608.44MM | $564.17MM | $503.86MM |
| Operating Cash Flow | $39.42MM | $21.67MM | $-3.86MM |
| Capital expenditure | $5.66MM | $5.50MM | $3.40MM |
| Investing Cash Flow | $-6.81MM | $-36.76MM | $5.02MM |
| Financing Cash Flow | $-38.87MM | $-18.30MM | $-16.10MM |
| Earnings Per Share** | $1.15 | $0.16 | $-0.30 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.