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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Forrester Research, Inc.    FORR

FORRESTER RESEARCH, INC.

(FORR)
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Forrester Research : 5G to account for 57% of China tech spend in 2019

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03/20/2019 | 11:04pm EST

Spending on 5G will account for the majority of China's technology spending in 2019 as the nation continues to spend heavily to ensure it leads the global race to implement the mobile technology, Forrester Research predicts.

China will spend a total of $256 billion on technology goods and services this year, with 5G spending to account for 57% of this, the research firm said in a new report.

The nation is best positioned to win the global race to implement 5G after having outspent the US in this area by around $24 billion since 2015.

Meanwhile China and Japan are set to dominate...

(c) 2019 Questex Asia Ltd. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (USD)
Sales 2019 461 M
EBIT 2019 -3,82 M
Net income 2019 -12,9 M
Debt 2019 60,6 M
Yield 2019 -
P/E ratio 2019 -60,0x
P/E ratio 2020 59,5x
EV / Sales2019 1,81x
EV / Sales2020 1,56x
Capitalization 775 M
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Technical analysis trends FORRESTER RESEARCH, INC.
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 53,50  $
Last Close Price 41,62  $
Spread / Highest target 32,1%
Spread / Average Target 28,5%
Spread / Lowest Target 24,9%
EPS Revisions
Managers
NameTitle
George F. Colony Chairman, President & Chief Executive Officer
Michael A. Doyle Chief Financial Officer
Mike Kasparian Chief Information Officer
Carrie A. Johnson Chief Research Officer
Robert M. Galford Independent Director
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