NASDAQ:FORR - Forrester Research Stock Price, News, & Analysis

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$48.68 -0.38 (-0.77 %)
(As of 03/21/2019 01:19 AM ET)
Previous Close$49.06
Today's Range$48.63 - $49.44
52-Week Range$36.19 - $51.17
Volume53,151 shs
Average Volume61,277 shs
Market Capitalization$896.25 million
P/E Ratio57.95
Dividend Yield1.63%
Beta0.59
Forrester Research, Inc. operates as an independent research, data, and advisory services company. It operates through Research, Product, and Project Consulting segments. Its primary syndicated research product is Research, which offers clients with access to its syndicated research designed to inform their strategic decision-making. The company's Research product offerings consist of cross-linked documents that interconnect the company's playbooks, reports, data, product rankings, best practices, evaluation tools, and research archives, which are provided through role-based Websites. It also offers leadership boards that are peer groups for executives and other senior leaders at large organizations. In addition, the company provides data products and services, including Customer Experience Index, a framework for assessing and measuring customer experience quality; Consumer Technographics that offers insights into how technology impacts the way consumers select, purchase, use, and communicate about products and services; Business Technographics, which provides assessments of what motivates businesses to choose certain technologies and vendors, as well as measures and reports on the current information consumption patterns of key influencers for large technology purchases; and ForecastView, an ongoing data program that provides a detailed evaluation of market size, based on expert analysis and quantitative insights from consumer and business surveys. Further, it offers consulting services to assist clients in developing and executing technology and business strategy, informing critical decisions, and reducing business risk, as well as hosts various events. The company sells its products and services through direct sales force in North America, Europe, Asia, and Australia; and through independent sales representatives in selected locations internationally. Forrester Research, Inc. was founded in 1983 and is headquartered in Cambridge, Massachusetts.

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Industry, Sector and Symbol

Industry Engineering, accounting, research, management & related services
Sub-IndustryIT Consulting & Other Services
SectorComputer and Technology
Current SymbolNASDAQ:FORR
CUSIP34656310
Phone617-613-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$357.58 million
Cash Flow$1.3104 per share
Book Value$8.30 per share

Profitability

Net Income$15.38 million

Miscellaneous

Employees1,432
Market Cap$896.25 million
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

Forrester Research (NASDAQ:FORR) Frequently Asked Questions

What is Forrester Research's stock symbol?

Forrester Research trades on the NASDAQ under the ticker symbol "FORR."

How often does Forrester Research pay dividends? What is the dividend yield for Forrester Research?

Forrester Research declared a quarterly dividend on Thursday, October 25th. Investors of record on Wednesday, December 12th will be paid a dividend of $0.20 per share on Wednesday, December 26th. This represents a $0.80 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Tuesday, December 11th. View Forrester Research's Dividend History.

How were Forrester Research's earnings last quarter?

Forrester Research, Inc. (NASDAQ:FORR) issued its earnings results on Wednesday, February, 13th. The technology company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.09. The technology company earned $98.58 million during the quarter, compared to analyst estimates of $96.45 million. Forrester Research had a net margin of 4.30% and a return on equity of 10.61%. View Forrester Research's Earnings History.

When is Forrester Research's next earnings date?

Forrester Research is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Forrester Research.

What guidance has Forrester Research issued on next quarter's earnings?

Forrester Research updated its FY 2019 earnings guidance on Wednesday, February, 13th. The company provided earnings per share guidance of $1.55-1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.60. The company issued revenue guidance of $457-469 million, compared to the consensus revenue estimate of $374.54 million.Forrester Research also updated its Q1 2019 guidance to $-0.06--0.06 EPS.

What price target have analysts set for FORR?

2 brokers have issued 1 year price objectives for Forrester Research's shares. Their predictions range from $62.00 to $62.00. On average, they expect Forrester Research's share price to reach $62.00 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View Analyst Price Targets for Forrester Research.

What is the consensus analysts' recommendation for Forrester Research?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forrester Research in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forrester Research.

What are Wall Street analysts saying about Forrester Research stock?

Here are some recent quotes from research analysts about Forrester Research stock:
  • 1. Maxim Group analysts commented, "A multi-year transformation that focuses more on revenue-generating research (than cost saving) positions Forrester for faster growth." (2/27/2019)
  • 2. According to Zacks Investment Research, "Forrester Research, Inc. is a global research and advisory firm serving professionals in 13 key roles across three distinct client segments. Their clients face progressively complex business and technology decisions every day. To help them understand, strategize, and act upon opportunities brought by change, Forrester provides proprietary research, consumer and business data, custom consulting, events and online communities, and peer-to-peer executive programs. They guide leaders in business technology, marketing and strategy, and the technology industry through independent fact-based insight, ensuring their business success today and tomorrow. " (2/20/2019)
  • 3. Barrington Research analysts commented, "We are reducing our 2018 and 2019 non-GAAP EPS forecasts to $1.36 and $1.60 from $1.42 and $1.65, respectively. The changes were largely due to the dilutive impact of recent acquisitions." (7/30/2018)

Has Forrester Research been receiving favorable news coverage?

News stories about FORR stock have trended somewhat negative on Wednesday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forrester Research earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the near term.

Who are some of Forrester Research's key competitors?

What other stocks do shareholders of Forrester Research own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forrester Research investors own include Direxion Daily S&P 500 Bull 3X (SPXL), Noble (NE), Rogers Communications (RCI.B), Lifelock (LOCK), Tronox (TROX), GW Pharmaceuticals PLC- (GWPH), Ensco (ESV), Gates Industrial (GTES), United Fire Group (UFCS) and Ford Motor (F).

Who are Forrester Research's key executives?

Forrester Research's management team includes the folowing people:
  • Mr. George F. Colony, Founder, Chairman, CEO & Pres (Age 65)
  • Mr. Michael A. Doyle, Chief Financial Officer (Age 63)
  • Ms. Kelley Hippler, Chief Sales Officer (Age 50)
  • Mr. Mack Brothers, Chief Product Officer (Age 54)
  • Mr. Scott R. Chouinard, Chief Accounting Officer & Treasurer (Age 50)

Who are Forrester Research's major shareholders?

Forrester Research's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.21%), Dimensional Fund Advisors LP (4.26%), Dimensional Fund Advisors LP (4.26%), Massachusetts Financial Services Co. MA (2.84%), Norges Bank (1.66%) and United Services Automobile Association (1.66%). Company insiders that own Forrester Research stock include Carrie Johnson, Cliff Condon, David Boyce, George Hornig, Gretchen Teichgraeber, Henk Broeders, Michael A Doyle, Michael Morhardt, Michael Welles, Robert Galford, Ryan Darrah, Scott Chouinard and Steven P Peltzman. View Institutional Ownership Trends for Forrester Research.

Which institutional investors are selling Forrester Research stock?

FORR stock was sold by a variety of institutional investors in the last quarter, including Ballentine Partners LLC, Bank of New York Mellon Corp, American Capital Management Inc., GW&K Investment Management LLC, Two Sigma Advisers LP, MetLife Investment Advisors LLC, Northern Trust Corp and Two Sigma Investments LP. Company insiders that have sold Forrester Research company stock in the last year include Carrie Johnson, Cliff Condon, David Boyce, George Hornig, Gretchen Teichgraeber, Michael A Doyle and Ryan Darrah. View Insider Buying and Selling for Forrester Research.

Which institutional investors are buying Forrester Research stock?

FORR stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Massachusetts Financial Services Co. MA, BlackRock Inc., Barclays PLC, Martingale Asset Management L P, Geode Capital Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Forrester Research.

How do I buy shares of Forrester Research?

Shares of FORR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Forrester Research's stock price today?

One share of FORR stock can currently be purchased for approximately $48.68.

How big of a company is Forrester Research?

Forrester Research has a market capitalization of $896.25 million and generates $357.58 million in revenue each year. The technology company earns $15.38 million in net income (profit) each year or $0.84 on an earnings per share basis. Forrester Research employs 1,432 workers across the globe.

What is Forrester Research's official website?

The official website for Forrester Research is http://www.forrester.com.

How can I contact Forrester Research?

Forrester Research's mailing address is 60 ACORN PARK DRIVE, CAMBRIDGE MA, 02140. The technology company can be reached via phone at 617-613-6000 or via email at [email protected]


MarketBeat Community Rating for Forrester Research (NASDAQ FORR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  561
MarketBeat's community ratings are surveys of what our community members think about Forrester Research and other stocks. Vote "Outperform" if you believe FORR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FORR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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