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Highlights from the analysis by TheStreet Ratings Team goes as follows:
- The current debt-to-equity ratio, 0.58, is low and is below the industry average, implying that there has been successful management of debt levels.
- FOR, with its decline in revenue, underperformed when compared the industry average of 7.1%. Since the same quarter one year prior, revenues fell by 21.6%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Real Estate Management & Development industry. The net income has significantly decreased by 55.8% when compared to the same quarter one year ago, falling from $11.83 million to $5.23 million.
- The gross profit margin for FORESTAR GROUP INC is currently lower than what is desirable, coming in at 30.18%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 8.88% trails that of the industry average.