Forge Global Holdings Stock Analysis
| FRGE Stock | USD 1.00 0.09 8.26% |
Forge Global Holdings is undervalued with Real Value of 1.77 and Target Price of 4.0. The main objective of Forge Global stock analysis is to determine its intrinsic value, which is an estimate of what Forge Global Holdings is worth, separate from its market price. There are two main types of Forge Global's stock analysis: fundamental analysis and technical analysis.
The Forge Global stock is traded in the USA on New York Stock 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 Forge Global's ongoing operational relationships across important fundamental and technical indicators.
Forge |
Forge Stock Analysis Notes
About 23.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.86. Some equities with similar Price to Book (P/B) outperform the market in the long run. Forge Global Holdings recorded a loss per share of 0.43. The entity had not issued any dividends in recent years. Forge Global Holdings, Inc. provides marketplace infrastructure, data services, and technology solutions for private market participants. The company was founded in 2014 and is based in San Francisco, California. Forge Global operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 357 people. To learn more about Forge Global Holdings call Kelly Rodriques at 415 881 1612 or check out https://forgeglobal.com.Forge Global Quarterly Total Revenue |
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Forge Global Holdings 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. Forge Global's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Forge Global Holdings or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Forge Global generated a negative expected return over the last 90 days | |
| Forge Global has some characteristics of a very speculative penny stock | |
| Forge Global has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 69.82 M. Net Loss for the year was (90.22 M) with profit before overhead, payroll, taxes, and interest of 68.9 M. | |
| Forge Global Holdings currently holds about 202.6 M in cash with (41.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Forge Globals chief revenue officer sells 18,829 in shares |
Forge Global Holdings Upcoming and Recent Events
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Forge Largest EPS Surprises
Earnings surprises can significantly impact Forge Global'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 | |||
|---|---|---|---|---|---|---|---|
2024-11-06 | 2024-09-30 | -0.09 | -0.1 | -0.01 | 11 | ||
2023-11-07 | 2023-09-30 | -0.1 | -0.11 | -0.01 | 10 | ||
2024-05-07 | 2024-03-31 | -0.12 | -0.1 | 0.02 | 16 |
Forge Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Abacus Wealth Partners, Llc | 2024-09-30 | 942.9 K | Northern Trust Corp | 2024-09-30 | 933.9 K | Goldman Sachs Group Inc | 2024-09-30 | 453.5 K | Millennium Management Llc | 2024-09-30 | 435.1 K | Nuveen Asset Management, Llc | 2024-09-30 | 411.3 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 354.5 K | Azora Capital Lp | 2024-09-30 | 345.6 K | Citadel Advisors Llc | 2024-09-30 | 315.6 K | Interval Partners, Lp | 2024-09-30 | 304.9 K | Rob Exploration Llc | 2024-09-30 | 24.2 M | Blackrock Inc | 2024-06-30 | 7.9 M |
Forge Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 201.66 M.Forge Profitablity
The company has Profit Margin (PM) of (0.96) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.09) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.09.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.50) | (0.52) | |
| Return On Capital Employed | (0.32) | (0.34) | |
| Return On Assets | (0.29) | (0.30) | |
| Return On Equity | (0.34) | (0.36) |
Management Efficiency
Forge Global Holdings has return on total asset (ROA) of (0.1818) % which means that it has lost $0.1818 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2982) %, meaning that it created substantial loss on money invested by shareholders. Forge Global's management efficiency ratios could be used to measure how well Forge Global manages its routine affairs as well as how well it operates its assets and liabilities. As of December 2, 2024, Return On Tangible Assets is expected to decline to -0.52. In addition to that, Return On Capital Employed is expected to decline to -0.34. At present, Forge Global's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 12.7 M, whereas Other Assets are forecasted to decline to 0.95.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.55 | 1.68 | |
| Tangible Book Value Per Share | 0.80 | 0.50 | |
| Enterprise Value Over EBITDA | (5.72) | (6.00) | |
| Price Book Value Ratio | 2.26 | 2.14 | |
| Enterprise Value Multiple | (5.72) | (6.00) | |
| Price Fair Value | 2.26 | 2.14 | |
| Enterprise Value | 460.9 M | 755.5 M |
At Forge Global Holdings, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Operating Margin (1.09) | Profit Margin (0.96) | Beta 2.388 | Return On Assets (0.18) | Return On Equity (0.30) |
Technical Drivers
As of the 2nd of December, Forge Global shows the Variance of 24.74, mean deviation of 3.6, and Standard Deviation of 4.97. Forge Global Holdings 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. Please confirm Forge Global Holdings standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Forge Global Holdings is priced favorably, providing market reflects its regular price of 1.0 per share. Given that Forge Global is a hitting penny stock territory we advise to closely look at its jensen alpha.Forge Global Holdings Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Forge Global 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 Forge Global Holdings. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Forge Global Holdings 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 Forge Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Forge Global'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 Forge Global 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.
Forge Global Outstanding Bonds
Forge Global 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. Forge Global Holdings 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 Forge bonds can be classified according to their maturity, which is the date when Forge Global Holdings 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.
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Forge Global Predictive Daily Indicators
Forge Global 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 Forge Global 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.
| Accumulation Distribution | 47163.82 | |||
| Daily Balance Of Power | (0.90) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 1.05 | |||
| Day Typical Price | 1.03 | |||
| Price Action Indicator | (0.1) | |||
| Period Momentum Indicator | (0.09) |
Forge Global Forecast Models
Forge Global's time-series forecasting models are one of many Forge Global'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 Forge Global'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 Forge Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Forge Global 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 Forge 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 Forge Global. By using and applying Forge Stock analysis, traders can create a robust methodology for identifying Forge entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (1.30) | (1.36) | |
| Operating Profit Margin | (1.31) | (1.38) | |
| Net Loss | (1.29) | (1.36) | |
| Gross Profit Margin | 0.99 | 1.04 |
Current Forge Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Forge 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. Forge 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 | |
| 4.0 | Buy | 6 | Odds |
Most Forge 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 Forge stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Forge Global Holdings, talking to its executives and customers, or listening to Forge conference calls.
Forge Stock Analysis Indicators
Forge Global Holdings stock analysis indicators help investors evaluate how Forge Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Forge Global shares will generate the highest return on investment. By understating and applying Forge Global stock analysis, traders can identify Forge Global position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 195 M | |
| Long Term Debt | 5.6 M | |
| Common Stock Shares Outstanding | 173.4 M | |
| Total Stockholder Equity | 263.5 M | |
| Tax Provision | 890 K | |
| Property Plant And Equipment Net | 9.5 M | |
| Cash And Short Term Investments | 152.4 M | |
| Cash | 144.7 M | |
| Accounts Payable | 1.8 M | |
| Net Debt | -133.9 M | |
| 50 Day M A | 1.1756 | |
| Total Current Liabilities | 24.2 M | |
| Other Operating Expenses | 161.3 M | |
| Non Current Assets Total | 147.6 M | |
| Non Currrent Assets Other | 8.2 M | |
| Stock Based Compensation | 34.3 M |
Complementary Tools for Forge Stock analysis
When running Forge Global's price analysis, check to measure Forge Global'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 Forge Global is operating at the current time. Most of Forge Global's value examination focuses on studying past and present price action to predict the probability of Forge Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forge Global's price. Additionally, you may evaluate how the addition of Forge Global to your portfolios can decrease your overall portfolio volatility.
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