Forian Inc Stock Analysis
FORA Stock | USD 2.16 0.07 3.35% |
Forian Inc is undervalued with Real Value of 2.78 and Target Price of 5.0. The main objective of Forian stock analysis is to determine its intrinsic value, which is an estimate of what Forian Inc is worth, separate from its market price. There are two main types of Forian's stock analysis: fundamental analysis and technical analysis.
The Forian stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Forian's ongoing operational relationships across important fundamental and technical indicators.
Forian |
Forian Stock Analysis Notes
About 52.0% of the company shares are held by company insiders. The book value of Forian was currently reported as 0.85. The company has Price/Earnings To Growth (PEG) ratio of 0.87. Forian Inc recorded a loss per share of 0.15. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 3rd of March 2021. Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. In addition, the company offers security monitoring and web marketing services. Forian operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 138 people. To learn more about Forian Inc call Daniel Barton at 267 225 6263 or check out https://forian.com.Forian Quarterly Total Revenue |
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Forian Inc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Forian's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Forian Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Forian Inc generated a negative expected return over the last 90 days | |
Forian Inc has high likelihood to experience some financial distress in the next 2 years | |
Forian Inc has a poor financial position based on the latest SEC disclosures | |
About 52.0% of the company shares are held by company insiders | |
Latest headline from insidermonkey.com: Forian Inc. Q3 2024 Earnings Call Transcript |
Forian Inc Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Forian previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of March 2024 Upcoming Quarterly Report | View | |
10th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
25th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Forian Largest EPS Surprises
Earnings surprises can significantly impact Forian's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2024-05-14 | 2024-03-31 | -0.02 | -0.04 | -0.02 | 100 | ||
2023-08-10 | 2023-06-30 | -0.05 | -0.03 | 0.02 | 40 | ||
2023-03-27 | 2022-12-31 | -0.15 | -0.11 | 0.04 | 26 |
Forian Environmental, Social, and Governance (ESG) Scores
Forian's ESG score is a quantitative measure that evaluates Forian's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Forian's operations that may have significant financial implications and affect Forian's stock price as well as guide investors towards more socially responsible investments.
Forian Stock Institutional Investors
Shares | Independent Advisor Alliance | 2024-06-30 | 25.5 K | Renaissance Technologies Corp | 2024-09-30 | 23.7 K | Goldman Sachs Group Inc | 2024-06-30 | 17.3 K | Citadel Advisors Llc | 2024-06-30 | 17.2 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 15 K | Ubs Group Ag | 2024-06-30 | 7.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 5 K | Tower Research Capital Llc | 2024-06-30 | 2.9 K | North Star Investment Management Corp | 2024-09-30 | 1.8 K | Oracle Investment Management Inc | 2024-06-30 | 1.4 M | Staley Capital Advisers Inc | 2024-06-30 | 1.1 M |
Forian Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 64.82 M.Forian Profitablity
The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.42) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.42.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.19 | 0.20 | |
Return On Capital Employed | (0.11) | (0.10) | |
Return On Assets | 0.19 | 0.20 | |
Return On Equity | 0.42 | 0.31 |
Management Efficiency
Forian Inc has return on total asset (ROA) of (0.0632) % which means that it has lost $0.0632 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0563 %, meaning that it created $0.0563 on every $100 dollars invested by stockholders. Forian's management efficiency ratios could be used to measure how well Forian manages its routine affairs as well as how well it operates its assets and liabilities. At present, Forian's Return On Tangible Assets are projected to increase based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.20, whereas Return On Capital Employed is projected to grow to (0.10). At present, Forian's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 5.5 M, whereas Total Assets are forecasted to decline to about 38.4 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.82 | 0.86 | |
Tangible Book Value Per Share | 0.77 | 0.81 | |
Enterprise Value Over EBITDA | 40.97 | 43.02 | |
Price Book Value Ratio | 3.58 | 3.76 | |
Enterprise Value Multiple | 40.97 | 43.02 | |
Price Fair Value | 3.58 | 3.76 | |
Enterprise Value | 112.7 M | 107.1 M |
The strategic initiatives led by Forian's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Operating Margin (0.42) | Profit Margin 0.0965 | Beta 1.091 | Return On Assets (0.06) | Return On Equity 0.0563 |
Technical Drivers
As of the 22nd of November, Forian shows the Mean Deviation of 1.14, standard deviation of 1.68, and Variance of 2.81. Forian Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Forian Inc Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Forian middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Forian Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Forian Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Forian insiders, such as employees or executives, is commonly permitted as long as it does not rely on Forian's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Forian insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Forian Outstanding Bonds
Forian issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Forian Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Forian bonds can be classified according to their maturity, which is the date when Forian Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
MGM Resorts International Corp BondUS552953CD18 | View | |
AerCap Global Aviation Corp BondUS00773HAA59 | View |
Forian Predictive Daily Indicators
Forian intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Forian stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Forian Corporate Filings
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 13th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 14th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 14th of June 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 14th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
29th of April 2024 Other Reports | ViewVerify |
Forian Forecast Models
Forian's time-series forecasting models are one of many Forian's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Forian's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Forian Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Forian prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Forian shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Forian. By using and applying Forian Stock analysis, traders can create a robust methodology for identifying Forian entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.09 | 0.09 | |
Operating Profit Margin | (0.27) | (0.29) | |
Net Profit Margin | 0.54 | 0.57 | |
Gross Profit Margin | 0.73 | 0.86 |
Current Forian Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Forian analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Forian analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
5.0 | Buy | 1 | Odds |
Most Forian analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Forian stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Forian Inc, talking to its executives and customers, or listening to Forian conference calls.
Forian Stock Analysis Indicators
Forian Inc stock analysis indicators help investors evaluate how Forian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Forian shares will generate the highest return on investment. By understating and applying Forian stock analysis, traders can identify Forian position entry and exit signals to maximize returns.
Begin Period Cash Flow | 2.8 M | |
Total Stockholder Equity | 26.2 M | |
Capital Lease Obligations | 10.7 K | |
Property Plant And Equipment Net | 86.7 K | |
Cash And Short Term Investments | 48.3 M | |
Net Invested Capital | 51 M | |
Cash | 6 M | |
50 Day M A | 2.1185 | |
Net Interest Income | 951.4 K | |
Total Current Liabilities | 6.8 M | |
Forward Price Earnings | 26.1097 | |
Investments | 3.9 M | |
Interest Expense | 834.8 K | |
Stock Based Compensation | 6.6 M | |
Long Term Debt | 24.9 M | |
Common Stock Shares Outstanding | 32.2 M | |
Tax Provision | 163.3 K | |
Free Cash Flow | 653.3 K | |
Other Current Assets | 5.2 M | |
Accounts Payable | 161.6 K | |
Net Debt | 18.8 M | |
Other Operating Expenses | 26.1 M | |
Non Current Assets Total | 1.6 M | |
Liabilities And Stockholders Equity | 58.9 M | |
Non Currrent Assets Other | 133.8 K |
Complementary Tools for Forian Stock analysis
When running Forian's price analysis, check to measure Forian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
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