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Forrester Research Inc (FORR) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Forrester Research Inc (FORR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Forrester Research Inc is a provider of business services. Its portfolio of services include independent research, data, and advisory services. Forrester Research Inc has a market cap of $880.310 million; its shares were traded at around $48.20 with a P/E ratio of 58.06 and P/S ratio of 2.50. The dividend yield of Forrester Research Inc stocks is 1.65%. Forrester Research Inc had annual average EBITDA growth of 2.40% over the past ten years. GuruFocus rated Forrester Research Inc the business predictability rank of 3-star.


For the last quarter Forrester Research Inc reported a revenue of $98.6 million, compared with the revenue of $90.38 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $357.6 million, an increase of 5.9% from last year. For the last five years Forrester Research Inc had an average revenue growth rate of 3.5% a year.

The reported diluted earnings per share was 84 cents for the year, an increase of 1.2% from previous year. Over the last five years Forrester Research Inc had an EPS growth rate of 9.3% a year. The Forrester Research Inc had an operating margin of 7.33%, compared with the operating margin of 8.16% a year before. The 10-year historical median operating margin of Forrester Research Inc is 10.37%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Forrester Research Inc has the cash and cash equivalents of $140.3 million, compared with $79.8 million in the previous year. The company had no long term debt. Forrester Research Inc has a financial strength rank of 9 (out of 10).

At the current stock price of $48.20, Forrester Research Inc is traded at close to its historical median P/S valuation band of $46.26. The P/S ratio of the stock is 2.50, while the historical median P/S ratio is 2.42. The intrinsic value of the stock is $8.88 a share, according to GuruFocus DCF Calculator. The stock gained 17.14% during the past 12 months.

CFO Recent Trades:

  • CFO Michael A Doyle sold 14,000 shares of FORR stock on 02/22/2019 at the average price of $48.74. The price of the stock has decreased by 1.11% since.

Directors and Officers Recent Trades:

  • Director David Boyce sold 353 shares of FORR stock on 03/06/2019 at the average price of $49. The price of the stock has decreased by 1.63% since.
  • Chief Legal Officer Ryan Darrah sold 1,350 shares of FORR stock on 03/04/2019 at the average price of $49.46. The price of the stock has decreased by 2.55% since.
  • Chief Research Officer Carrie Johnson sold 2,286 shares of FORR stock on 03/01/2019 at the average price of $50.02. The price of the stock has decreased by 3.64% since.

For the complete 20-year historical financial data of FORR, click here.

This article first appeared on GuruFocus.