NASDAQ:FORR Forrester Research (FORR) Stock Forecast, Price & News $30.14 +1.13 (+3.90%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$28.81▼$30.3650-Day Range$25.38▼$33.6952-Week Range$22.62▼$52.42Volume59,334 shsAverage Volume64,537 shsMarket Capitalization$578.69 millionP/E Ratio43.06Dividend YieldN/APrice Target$32.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Forrester Research MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside6.2% Upside$32.00 Price TargetShort InterestHealthy1.37% of Float Sold ShortDividend StrengthN/ASustainability-0.43Upright™ Environmental ScoreNews Sentiment0.39Based on 8 Articles This WeekInsider TradingSelling Shares$122,143 Sold Last QuarterProj. Earnings Growth9.15%From $1.42 to $1.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.19 out of 5 starsComputer And Technology Sector263rd out of 609 stocksEngineering, Accounting, Research, Management & Related Services Industry2nd out of 2 stocks 1.3 Analyst's Opinion Consensus RatingForrester Research has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.00, Forrester Research has a forecasted upside of 6.2% from its current price of $30.14.Amount of Analyst CoverageForrester Research has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.37% of the float of Forrester Research has been sold short.Short Interest Ratio / Days to CoverForrester Research has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Forrester Research has recently increased by 9.43%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldForrester Research does not currently pay a dividend.Dividend GrowthForrester Research does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreForrester Research has received a 66.16% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is mostly driven by its "Digitalization research", "Data analytics services", and "Customer analytics services" products. See details.Environmental SustainabilityThe Environmental Impact score for Forrester Research is -0.43. Previous Next 2.4 News and Social Media Coverage News SentimentForrester Research has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Forrester Research this week, compared to 6 articles on an average week.MarketBeat Follows2 people have added Forrester Research to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Forrester Research insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $122,143.00 in company stock.Percentage Held by Insiders39.50% of the stock of Forrester Research is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions54.81% of the stock of Forrester Research is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Forrester Research are expected to grow by 9.15% in the coming year, from $1.42 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forrester Research is 43.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Forrester Research is 43.06, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 302.17.Price to Earnings Growth RatioForrester Research has a PEG Ratio of 2.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioForrester Research has a P/B Ratio of 2.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Forrester Research (NASDAQ:FORR) StockForrester Research, Inc. engages in the provision of advisory services. It operates through the following business segments: Research, Consulting, and Events. The Research segment includes the revenues of the research, connect, and analytics products. The Consulting segment consists of project consulting organization. The Events segment refers to developing and hosting in-person and virtual events. The firm serves the business-to-business marketing, sales, information technology, business-to-consumer marketing, and customer experience sectors. The company was founded by George F. Colony on July 7, 1983 and is headquartered in Cambridge, MA.Read More Receive FORR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forrester Research and its competitors with MarketBeat's FREE daily newsletter. Email Address FORR Stock News HeadlinesJune 2, 2023 | finance.yahoo.comUserTesting and UserZoom Named Among Leaders in Experience Research Platforms by Top Independent Research FirmJune 1, 2023 | markets.businessinsider.comIndependent research firm recognizes Vymo among Notable Financial Services CRMsJune 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.June 1, 2023 | finance.yahoo.comNew Independent Research Study Reveals Majority of Global Financial Institutions Are Unable to Respond Effectively to Fraud and Financial CrimeMay 31, 2023 | benzinga.comdscout Named as a Leader in Experience Research PlatformsMay 31, 2023 | tmcnet.comUKG Named a Leader in HCM by Top Research FirmMay 31, 2023 | technews.tmcnet.comSAS a Leader in AI decisioning, says research firm's reportMay 27, 2023 | americanbankingnews.comForrester Research (NASDAQ:FORR) Downgraded to "Hold" at StockNews.comJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 25, 2023 | benzinga.comIntentsify Named a Strong Performer Among B2B Intent Data Providers by Independent Research FirmMay 24, 2023 | finance.yahoo.comAnteriad Named a Strong Performer in B2B Intent Data Provider ResearchMay 22, 2023 | tmcnet.comImpartner Delivered a 296% Return on Investment, According to Study by Independent Research FirmMay 21, 2023 | finance.yahoo.comShould Weakness in Forrester Research, Inc.'s (NASDAQ:FORR) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?May 21, 2023 | americanbankingnews.comInsider Selling: Forrester Research, Inc. (NASDAQ:FORR) Director Sells 1,850 Shares of StockMay 20, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for Forrester Research, Inc.'s Q2 2023 Earnings (NASDAQ:FORR)May 19, 2023 | americanbankingnews.comBarrington Research Cuts Forrester Research (NASDAQ:FORR) Price Target to $32.00May 18, 2023 | benzinga.comRed Canary Named a Leader in Managed Detection and Response Report by Independent Research FirmMay 18, 2023 | technews.tmcnet.com"Expel understands security operations in ways few in the industry can match," according to independent research firmMay 18, 2023 | finance.yahoo.comCrowdStrike Named a Leader in Managed Detection and Response by Independent Research FirmMay 18, 2023 | finance.yahoo.comUS-based Forrester Research to close China office amid Beijing's crackdown of foreign advisoriesMay 18, 2023 | msn.comUS-based Forrester Research to close China office amid Beijing’s crackdown of foreign advisoriesMay 17, 2023 | finanznachrichten.deActico GmbH: Independent Research Firm Confirms: AI Decision Platform of German Software Vendor ACTICO is 'Strong Performer'May 17, 2023 | finance.yahoo.comIndependent Research Firm Confirms: AI Decision Platform of German Software Vendor ACTICO is 'Strong Performer'May 17, 2023 | finance.yahoo.comTeleverde Recognized by Independent Research Firm in Revenue Development Services Landscape ReportMay 16, 2023 | finance.yahoo.comForrester: Customer Trust In Financial Services Providers Is Weak Across Most Of Asia PacificMay 16, 2023 | msn.comBarrington Research Maintains Forrester Research (FORR) Outperform RecommendationMay 16, 2023 | msn.comForrester's No-Code Citizen Development Security Breach Prediction Misses the MarkSee More Headlines FORR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FORR Company Calendar Last Earnings11/03/2021Today6/04/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Engineering, accounting, research, management & related services Sub-IndustryIT Consulting & Other Services SectorComputer and Technology Current SymbolNASDAQ:FORR CUSIP34656310 CIK1023313 Webwww.forrester.com Phone(617) 613-6000Fax617-613-5000Employees2,033Year Founded1983Price Target and Rating Average Stock Price Forecast$32.00 High Stock Price Forecast$32.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+6.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.70 Trailing P/E Ratio43.06 Forward P/E Ratio21.23 P/E Growth2.55Net Income$21.81 million Net Margins2.58% Pretax Margin3.67% Return on Equity15.01% Return on Assets5.43% Debt Debt-to-Equity Ratio0.16 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$537.79 million Price / Sales1.08 Cash Flow$4.03 per share Price / Cash Flow7.48 Book Value$11.60 per share Price / Book2.60Miscellaneous Outstanding Shares19,200,000Free Float11,616,000Market Cap$578.69 million OptionableOptionable Beta0.93 Social Links Key ExecutivesGeorge F. ColonyChairman, President & Chief Executive OfficerL. Christian FinnChief Financial OfficerMike KasparianChief Information OfficerSteven P. PeltzmanChief Business Technology OfficerSharyn LeaverChief Research OfficerKey CompetitorsMaterialiseNASDAQ:MTLSACM ResearchNASDAQ:ACMRCEVANASDAQ:CEVAWallboxNYSE:WBXSES AINYSE:SESView All CompetitorsInsiders & InstitutionsCapital Impact Advisors LLCSold 6,297 shares on 5/23/2023Ownership: 0.057%Ameriprise Financial Inc.Sold 1,979 shares on 5/22/2023Ownership: 0.218%JPMorgan Chase & Co.Bought 47,979 shares on 5/18/2023Ownership: 0.389%State Street CorpBought 8,737 shares on 5/16/2023Ownership: 2.305%Geode Capital Management LLCBought 7,474 shares on 5/16/2023Ownership: 1.207%View All Insider TransactionsView All Institutional Transactions FORR Stock - Frequently Asked Questions Should I buy or sell Forrester Research stock right now? 2 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" FORR shares. View FORR analyst ratings or view top-rated stocks. What is Forrester Research's stock price forecast for 2023? 2 analysts have issued 12 month price targets for Forrester Research's shares. Their FORR share price forecasts range from $32.00 to $32.00. On average, they expect the company's stock price to reach $32.00 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View analysts price targets for FORR or view top-rated stocks among Wall Street analysts. How have FORR shares performed in 2023? Forrester Research's stock was trading at $35.76 at the beginning of 2023. Since then, FORR stock has decreased by 15.7% and is now trading at $30.14. View the best growth stocks for 2023 here. When is Forrester Research's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our FORR earnings forecast. How were Forrester Research's earnings last quarter? Forrester Research, Inc. (NASDAQ:FORR) released its earnings results on Wednesday, November, 3rd. The technology company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.24. The technology company earned $118.14 million during the quarter, compared to the consensus estimate of $116.42 million. Forrester Research had a trailing twelve-month return on equity of 15.01% and a net margin of 2.58%. During the same quarter in the previous year, the company posted ($0.20) EPS. What ETFs hold Forrester Research's stock? ETFs with the largest weight of Forrester Research (NASDAQ:FORR) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Pacer US Small Cap Cash Cows 100 ETF (CALF), Inspire Small/Mid Cap ETF (ISMD), Invesco S&P SmallCap Quality ETF (XSHQ), What guidance has Forrester Research issued on next quarter's earnings? Forrester Research updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $2.00-$2.20 for the period, compared to the consensus EPS estimate of $2.34. The company issued revenue guidance of $475.00 million-$495.00 million, compared to the consensus revenue estimate of $528.52 million. What is George F. Colony's approval rating as Forrester Research's CEO? 711 employees have rated Forrester Research Chief Executive Officer George F. Colony on Glassdoor.com. George F. Colony has an approval rating of 93% among the company's employees. This puts George F. Colony in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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 Altria Group (MO), AbbVie (ABBV), Dominion Energy (D), Consolidated Edison (ED), Eastman Chemical (EMN), Harley-Davidson (HOG), Helmerich & Payne (HP), International Business Machines (IBM), Intuit (INTU) and Invesco (IVZ). What is Forrester Research's stock symbol? Forrester Research trades on the NASDAQ under the ticker symbol "FORR." Who are Forrester Research's major shareholders? Forrester Research's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (11.19%), BlackRock Inc. (9.52%), Renaissance Technologies LLC (3.34%), Dimensional Fund Advisors LP (3.19%), State Street Corp (2.30%) and ArrowMark Colorado Holdings LLC (2.19%). Insiders that own company stock include Alicia Lee, Anthony J Friscia, Carrie Johnson, David Boyce, Gretchen Teichgraeber, Kelley Hippler, Michael A Doyle, Neil Bradford, Robert Galford, Ryan Darrah, Scott Chouinard, Sherri Kottmann, Steven P Peltzman and Yvonne Wassenaar. View institutional ownership trends. How do I buy shares of Forrester Research? Shares of FORR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Forrester Research's stock price today? One share of FORR stock can currently be purchased for approximately $30.14. How much money does Forrester Research make? Forrester Research (NASDAQ:FORR) has a market capitalization of $578.69 million and generates $537.79 million in revenue each year. The technology company earns $21.81 million in net income (profit) each year or $0.70 on an earnings per share basis. How many employees does Forrester Research have? The company employs 2,033 workers across the globe. Does Forrester Research have any subsidiaries? The following companies are subsidiares of Forrester Research: FeedbackNow, Forrester Germany GmbH, Forrester Hong Kong Limited, Forrester International S.a.r.l., Forrester Market Advisory (Beijing) Co. Ltd., Forrester Research (Canada) Inc., Forrester Research Australia Pty Limited, Forrester Research B.V., Forrester Research India Private Limited, Forrester Research Israel Limited, Forrester Research Limited, Forrester Research S.r.l., Forrester Research SAS, Forrester Singapore Pte. Ltd., Forrester Switzerland GmbH, Giga Group, GlimpzIt, JUPR Holdings, SiriusDecisions, SiriusDecisions Asia Pte Limited, SiriusDecisions Europe Ltd., SiriusDecisions Inc., Springboard Research, Strategic Oxygen business, and Whitcomb Investments Inc..Read More How can I contact Forrester Research? Forrester Research's mailing address is 60 ACORN PARK DRIVE, CAMBRIDGE MA, 02140. The official website for the company is www.forrester.com. The technology company can be reached via phone at (617) 613-6000, via email at investor@forrester.com, or via fax at 617-613-5000. This page (NASDAQ:FORR) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Forrester Research, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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