Forrester Research (NASDAQ:FORR) Updates FY 2025 Earnings Guidance

Key Points

• Forrester Research has adjusted its FY 2025 earnings guidance, projecting earnings per share between $1.200 and $1.350, which is slightly below the consensus estimate of $1.270.
• The company forecasts revenue of $400.0 million to $410.0 million, compared to the consensus revenue estimate of $406.5 million.
• Shares of Forrester Research traded up 0.4% on Thursday, with a current market capitalization of $185.64 million.

Forrester Research (NASDAQ:FORR - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.200-1.350 for the period, compared to the consensus earnings per share estimate of 1.270. The company issued revenue guidance of $400.0 million-$410.0 million, compared to the consensus revenue estimate of $406.5 million.

Forrester Research Price Performance

FORR traded up $1.20 during midday trading on Friday, reaching $10.94. 226,042 shares of the company's stock were exchanged, compared to its average volume of 71,524. The firm has a market capitalization of $208.52 million, a price-to-earnings ratio of -2.33, a price-to-earnings-growth ratio of 1.04 and a beta of 0.94. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. Forrester Research has a one year low of $8.50 and a one year high of $19.74. The business has a 50-day simple moving average of $10.23 and a two-hundred day simple moving average of $10.89.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Forrester Research from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd.

Institutional Trading of Forrester Research

An institutional investor recently bought a new position in Forrester Research stock. Jacobs Levy Equity Management Inc. purchased a new stake in Forrester Research, Inc. (NASDAQ:FORR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 16,130 shares of the technology company's stock, valued at approximately $149,000. Jacobs Levy Equity Management Inc. owned approximately 0.08% of Forrester Research at the end of the most recent reporting period. Institutional investors and hedge funds own 55.20% of the company's stock.

Forrester Research Company Profile

Forrester Research, Inc operates as an independent research and advisory company in the United States and internationally. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions, Forrester Research, and SiriusDecisions Research, which are designed to provide business and technology leaders with a proven path to growth through customer obsession.