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Forian NasdaqCM:FORA Stock Report

Last Price

US$2.77

Market Cap

US$86.1m

7D

4.1%

1Y

-1.8%

Updated

24 Apr, 2024

Data

Company Financials +

FORA Stock Overview

Forian Inc. provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the healthcare and related industries.

FORA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends0/6

Forian Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Forian
Historical stock prices
Current Share PriceUS$2.77
52 Week HighUS$4.15
52 Week LowUS$1.85
Beta1.03
1 Month Change-9.77%
3 Month Change2.21%
1 Year Change-1.77%
3 Year Change-76.92%
5 Year Changen/a
Change since IPO-87.90%

Recent News & Updates

Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 05
Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares

Apr 03
Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares

Is Forian (NASDAQ:FORA) Using Too Much Debt?

Feb 27
Is Forian (NASDAQ:FORA) Using Too Much Debt?

Recent updates

Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 05
Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares

Apr 03
Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares

Is Forian (NASDAQ:FORA) Using Too Much Debt?

Feb 27
Is Forian (NASDAQ:FORA) Using Too Much Debt?

Investors Give Forian Inc. (NASDAQ:FORA) Shares A 28% Hiding

May 05
Investors Give Forian Inc. (NASDAQ:FORA) Shares A 28% Hiding

Forian to become a part of Russell 3000® Index

Jun 07

Shareholder Returns

FORAUS Healthcare ServicesUS Market
7D4.1%1.0%1.2%
1Y-1.8%-7.4%24.7%

Return vs Industry: FORA exceeded the US Healthcare Services industry which returned -7.4% over the past year.

Return vs Market: FORA underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is FORA's price volatile compared to industry and market?
FORA volatility
FORA Average Weekly Movement10.5%
Healthcare Services Industry Average Movement9.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: FORA's share price has been volatile over the past 3 months.

Volatility Over Time: FORA's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
202037Max Wygodforian.com

Forian Inc. provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the healthcare and related industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data management solutions. The company’s subscription and services-based solutions cover the life sciences, pharma services, and healthcare payer and provider industries.

Forian Inc. Fundamentals Summary

How do Forian's earnings and revenue compare to its market cap?
FORA fundamental statistics
Market capUS$86.11m
Earnings (TTM)US$1.73m
Revenue (TTM)US$20.48m

49.7x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FORA income statement (TTM)
RevenueUS$20.48m
Cost of RevenueUS$5.48m
Gross ProfitUS$15.00m
Other ExpensesUS$13.27m
EarningsUS$1.73m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.056
Gross Margin73.26%
Net Profit Margin8.46%
Debt/Equity Ratio95.0%

How did FORA perform over the long term?

See historical performance and comparison
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