Forrester Research (FORR) Scheduled to Post Quarterly Earnings on Tuesday

Forrester Research (NASDAQ:FORR - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, April 30th. Analysts expect Forrester Research to post earnings of $0.22 per share for the quarter. Forrester Research has set its FY 2024 guidance at 1.500-1.700 EPS.Persons that wish to listen to the company's earnings conference call can do so using this link.

Forrester Research (NASDAQ:FORR - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The technology company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.02). Forrester Research had a return on equity of 10.77% and a net margin of 0.63%. The business had revenue of $118.09 million during the quarter, compared to analysts' expectations of $116.43 million. On average, analysts expect Forrester Research to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Forrester Research Trading Up 1.1 %

FORR stock traded up $0.20 during trading on Tuesday, reaching $18.97. 108,235 shares of the stock were exchanged, compared to its average volume of 148,435. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average price of $20.17 and a 200-day moving average price of $23.73. Forrester Research has a 1 year low of $18.30 and a 1 year high of $33.12. The firm has a market capitalization of $367.83 million, a price-to-earnings ratio of 110.41, a P/E/G ratio of 1.34 and a beta of 0.91.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Forrester Research from a "buy" rating to a "hold" rating in a research note on Friday.

Insider Activity at Forrester Research

In related news, Director Robert Galford sold 13,000 shares of the company's stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $20.73, for a total value of $269,490.00. Following the completion of the sale, the director now owns 20,489 shares in the company, valued at approximately $424,736.97. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 39.20% of the stock is owned by insiders.

About Forrester Research

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.