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NASDAQ:FORA

Forian (FORA) Stock Price, News & Analysis

$2.35
+0.01 (+0.43%)
(As of 09/6/2024 ET)
Today's Range
$2.33
$2.35
50-Day Range
$2.34
$2.73
52-Week Range
$1.85
$4.15
Volume
5,648 shs
Average Volume
16,321 shs
Market Capitalization
$73.18 million
P/E Ratio
23.50
Dividend Yield
N/A
Price Target
$9.00

Forian MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
283.0% Upside
$9.00 Price Target
Short Interest
Bearish
0.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.03 out of 5 stars

Medical Sector

529th out of 910 stocks

Health Information Services Industry

1st out of 1 stocks

FORA stock logo

About Forian Stock (NASDAQ:FORA)

Forian Inc. provides software and information solutions, proprietary data driven insights, and predictive analytics to optimize and measure the operational, clinical, and financial performance of its life science and healthcare customers. It operates through three segments: Information & Software, Services, and Other. The company's products include BioTrack, a vertically integrated point of sale, manufacturing, delivery, and cultivator software solution for dispensaries, cultivators, manufacturers, and distributors; and Cannalytics, a Software as a Service based analytics solution that provides customers with a presentation of business performance. Its products also comprise BioTrack seed-to-sale compliance traceability platform, which is used to manage the tracking and tracing of various cannabis products from cultivation to sale; and BioTrack State Traceability & Enforcement Monitoring System to ensure transparency and accountability throughout cannabis supply chain. In addition, the company offers security monitoring and web marketing services. Forian Inc. was incorporated in 2020 and is headquartered in Newtown, Pennsylvania. Forian Inc.

FORA Stock Price History

FORA Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Forian Inc. (FORA) Q2 2024 Earnings Call Transcript
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Forian earnings preview: what Wall Street is expecting
See More Headlines
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Company Calendar

Last Earnings
8/14/2024
Today
9/07/2024
Next Earnings (Estimated)
11/14/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Health Information Services
Sub-Industry
Business Services
Current Symbol
NASDAQ:FORA
Fax
N/A
Employees
140
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$13.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+283.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$20.37 million

Miscellaneous

Free Float
N/A
Market Cap
$73.18 million
Optionable
Optionable
Beta
1.10
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Key Executives

  • Mr. Michael Vesey (Age 62)
    Chief Financial Officer
    Comp: $457k
  • Mr. Edward Francis Spaniel Jr. (Age 54)
    Executive VP, General Counsel & Secretary
    Comp: $395.8k
  • Mr. Max C. Wygod (Age 36)
    Co-Founder, CEO, President & Executive Chairman of the Board
    Comp: $46.88k
  • Mr. Adam H. Dublin (Age 58)
    Co-Founder, Chief Strategy Officer & Director
    Comp: $113.7k
  • Mr. Jason Holden
    Vice President of Corporate Development
  • Rebecca Adams
    Vice President of Human Resources
  • Paul Reuscher
    Chief Commercial Officer

FORA Stock Analysis - Frequently Asked Questions

How have FORA shares performed this year?

Forian's stock was trading at $2.93 at the beginning of the year. Since then, FORA stock has decreased by 19.8% and is now trading at $2.35.
View the best growth stocks for 2024 here
.

How were Forian's earnings last quarter?

Forian Inc. (NASDAQ:FORA) released its quarterly earnings results on Wednesday, August, 14th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.06. The firm earned $4.78 million during the quarter, compared to analysts' expectations of $5.26 million.

Who are Forian's major shareholders?

Top institutional investors of Forian include Elser Financial Planning Inc (2.28%) and Caprock Group LLC (0.28%). Insiders that own company stock include Max C Wygod, Stanley S Trotman Jr and Martin J Wygod.
View institutional ownership trends
.

How do I buy shares of Forian?

Shares of FORA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FORA) was last updated on 9/7/2024 by MarketBeat.com Staff

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