NASDAQ:FORA

Forian (FORA) Stock Price, News & Analysis

$2.63
+0.03 (+1.15%)
(As of 05/8/2024 ET)
Today's Range
$2.60
$2.75
50-Day Range
$2.46
$3.64
52-Week Range
$1.85
$4.15
Volume
6,682 shs
Average Volume
24,577 shs
Market Capitalization
$81.90 million
P/E Ratio
7.97
Dividend Yield
N/A
Price Target
$7.67

Forian MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
191.5% Upside
$7.67 Price Target
Short Interest
Bearish
1.23% 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.

2.37 out of 5 stars

Medical Sector

441st out of 905 stocks

Health Information Services Industry

1st out of 2 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

Forian Inc. (NASDAQ:FORA) Short Interest Update
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Projected Browns' 53-man roster after the 2024 NFL draft
2024 Tony Award nominations: LIST
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
VerticalScope to Announce First Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/09/2024
Next Earnings (Estimated)
5/10/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Health Information Services
Sub-Industry
N/A
Current Symbol
NASDAQ:FORA
Fax
N/A
Employees
102
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.67
High Stock Price Target
$13.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+191.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$20.48 million

Miscellaneous

Free Float
N/A
Market Cap
$81.90 million
Optionable
Optionable
Beta
1.11
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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

Should I buy or sell Forian stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forian in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FORA shares.
View FORA analyst ratings
or view top-rated stocks.

What is Forian's stock price target for 2024?

4 Wall Street analysts have issued 12-month price targets for Forian's stock. Their FORA share price targets range from $5.00 to $13.00. On average, they anticipate the company's share price to reach $7.67 in the next twelve months. This suggests a possible upside of 191.5% from the stock's current price.
View analysts price targets for FORA
or view top-rated stocks among Wall Street analysts.

How have FORA shares performed in 2024?

Forian's stock was trading at $2.93 on January 1st, 2024. Since then, FORA stock has decreased by 10.2% and is now trading at $2.63.
View the best growth stocks for 2024 here
.

Are investors shorting Forian?

Forian saw a increase in short interest in April. As of April 15th, there was short interest totaling 179,000 shares, an increase of 8.0% from the March 31st total of 165,700 shares. Based on an average trading volume of 27,300 shares, the days-to-cover ratio is currently 6.6 days. Approximately 1.2% of the shares of the stock are short sold.
View Forian's Short Interest
.

When is Forian's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our FORA earnings forecast
.

How were Forian's earnings last quarter?

Forian Inc. (NASDAQ:FORA) released its quarterly earnings results on Thursday, March, 28th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $5.37 million for the quarter, compared to analysts' expectations of $5.72 million.

What guidance has Forian issued on next quarter's earnings?

Forian issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $21.5 million-$23.6 million, compared to the consensus revenue estimate of $24.0 million.

Who are Forian's major shareholders?

Forian's stock is owned by a number of retail and institutional investors. Top institutional investors include Staley Capital Advisers Inc. (3.53%). Insiders that own company stock include Jennifer Hajj, Martin J Wygod, Max C Wygod and Stanley S Trotman Jr.
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 5/9/2024 by MarketBeat.com Staff

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