NASDAQ:FORR Forrester Research (FORR) Stock Forecast, Price & News $28.93 +0.18 (+0.63%) (As of 10:35 AM ET) Add Compare Share Share Today's Range$28.74▼$28.9650-Day Range$28.52▼$32.4652-Week Range$22.62▼$42.86Volume3,074 shsAverage Volume62,944 shsMarket Capitalization$558.35 millionP/E Ratio111.27Dividend YieldN/APrice Target$37.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Forrester Research MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.7% Upside$37.00 Price TargetShort InterestHealthy1.15% of Float Sold ShortDividend StrengthN/ASustainability-0.43Upright™ Environmental ScoreNews Sentiment0.72Based on 9 Articles This WeekInsider TradingSelling Shares$167,943 Sold Last QuarterProj. Earnings Growth5.19%From $1.35 to $1.42 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.2.63 out of 5 starsComputer And Technology Sector90th out of 603 stocksEngineering, Accounting, Research, Management & Related Services Industry1st out of 2 stocks 3.5 Analyst's Opinion Consensus RatingForrester Research has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.00, Forrester Research has a forecasted upside of 28.7% from its current price of $28.75.Amount of Analyst CoverageForrester Research has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.15% 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 2.9, 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 5.33%, 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 2.6 News and Social Media Coverage News SentimentForrester Research has a news sentiment score of 0.72. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 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. This is an increase of 100% compared to the previous 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 $167,943.00 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 Institutions55.20% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Forrester Research are expected to grow by 5.19% in the coming year, from $1.35 to $1.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forrester Research is 110.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 110.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Forrester Research is 110.58, 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 214.59.Price to Earnings Growth RatioForrester Research has a PEG Ratio of 1.43. 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 2.47. 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. 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. This segment delivers content, such as future trends, predictions, and market forecasts; deep consumer and business buyer data and insights; curated best practice models and tools to run business functions; operational and performance benchmarking data; and technology and service market landscapes and vendor evaluations. The Consulting segment provides consulting projects, include conducting maturity assessments, prioritizing best practices, developing strategies, building business cases, selecting technology vendors, structuring organizations, developing content marketing strategies and collateral, and sales tools; and advisory services. The Events segment hosts events related to business-to-business marketing, sales and product leadership, customer experience, security and risk, new technology and innovation, and data strategies and insights. The company sells its products and services through direct sales force in various locations. Forrester Research, Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.Read More FORR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FORR Stock News HeadlinesOctober 3, 2023 | finance.yahoo.comDigitalzone to Speak at Forrester B2B Summit EMEA on Brand & Demand StrategyOctober 3, 2023 | finance.yahoo.comForrester’s 2023 Global B2B Buyers’ Journey Survey Reveals That Budget Crunches, Information Overload, And Generational Differences Are Protracting Buying CyclesOctober 3, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."October 2, 2023 | msn.comMiami’s Sidney Forrester announces commitment to Mizzou Softball!September 28, 2023 | finance.yahoo.comForrester Announces Full Conference Agenda For Technology & Innovation APAC 2023September 27, 2023 | finance.yahoo.comForrester's 2023 Malaysia Banking CX Index: Despite Economic Headwinds, Malaysian Banks Continue To Improve CX QualitySeptember 26, 2023 | tmcnet.comAlation Named a Leader in 2023 Data Governance Solutions Report by Independent Global Research FirmSeptember 26, 2023 | finance.yahoo.comBigID Debuts as a Strong Performer in Data Governance report by Leading Research FirmOctober 3, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 22, 2023 | msn.comSouthern Comedian Duo Trae Crowder and Corey Ryan Forrester On Their New Book and World TravelsSeptember 21, 2023 | finance.yahoo.comTenable Named a Leader in Vulnerability Risk Management by Independent Research FirmSeptember 21, 2023 | msn.comI'm not anticipating a great Q4 holiday shopping season, says Forrester Research's Sucharita KodaliSeptember 21, 2023 | finance.yahoo.comForrester To Recognise Return On Integration Honours And Programmes Of The Year Winners At Its B2B Summit EMEA 2023September 20, 2023 | finance.yahoo.comForrester Honors Recipients Of Its 2023 Technology Awards For Asia PacificSeptember 20, 2023 | benzinga.comCheckmarx Named a Leader in Static Application Security Testing (SAST) by Independent Research FirmSeptember 18, 2023 | finance.yahoo.comForrester Announces Full Conference Agenda For Technology & Innovation EMEA 2023September 18, 2023 | finance.yahoo.comForrester Announces Full Conference Agenda For B2B Summit EMEA 2023September 18, 2023 | finance.yahoo.comForrester Announces Full Conference Agenda For Technology & Innovation EMEA 2023September 16, 2023 | bbc.co.ukEdward Forrester: Police confirm human remains are missing manSeptember 15, 2023 | msn.com‘The Bold and the Beautiful’: John McCook & Thorsten Kaye Dissect Battle for Control of Forrester CreationsSeptember 15, 2023 | bbc.co.ukEdward Forrester: Human remains found in search for missing manSeptember 15, 2023 | msn.comThe Bold and the Beautiful Spoilers: Hope's revenge unfolds as Brooke faces alarming news at Forrester creationsSeptember 13, 2023 | msn.comSingapore’s banking customer experience stagnates in 2023: ForresterSeptember 13, 2023 | finance.yahoo.comCitibank Singapore is Ranked No. 1 Among Banks for Customer Experience in Report by Independent Research FirmSeptember 13, 2023 | finance.yahoo.comForrester's 2023 Singapore Banking CX Index: Faced With Economic Headwinds, Overall CX Quality DeclinesSeptember 8, 2023 | finance.yahoo.comForrester To Unveil Its 2024 Tech Leadership Predictions At Technology & Innovation North AmericaSeptember 7, 2023 | tmcnet.comCareerArc Selects Brian Forrester as New Chief Executive OfficerSee More Headlines 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 Company Calendar Last Earnings7/27/2023Today10/03/2023Next Earnings (Estimated)11/01/2023Fiscal 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$37.00 High Stock Price Forecast$37.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+28.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio110.54 Forward P/E Ratio21.29 P/E Growth1.43Net Income$21.81 million Net Margins0.98% Pretax Margin1.38% Return on Equity14.24% Return on Assets5.37% Debt Debt-to-Equity Ratio0.15 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$537.79 million Price / Sales1.03 Cash Flow$3.86 per share Price / Cash Flow7.45 Book Value$11.63 per share Price / Book2.47Miscellaneous Outstanding Shares19,300,000Free Float11,674,000Market Cap$554.68 million OptionableOptionable Beta0.91 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. George F. Colony (Age 69)Founder, Chairman, CEO & Pres Comp: $992.63kMr. L. Christian Finn (Age 52)Chief Financial Officer Comp: $577.14kMs. Carrie Johnson Fanlo (Age 47)Chief Product Officer Comp: $615.83kMs. Sharyn Leaver (Age 48)Chief Research Officer Comp: $508.71kMr. Scott R. Chouinard (Age 54)Chief Accounting Officer & Treasurer Mr. Steven Peltzman (Age 54)Chief Bus. Technology Officer Mr. Mike Kasparian (Age 47)Chief Information Officer Mr. Russell SweeneyInvestor RelationsMr. Ryan D. Darrah (Age 51)Chief Legal Officer & Sec. Mr. Jon SymonsVP of Corp. Communications & Employee ExperienceMore ExecutivesKey CompetitorsDigital TurbineNASDAQ:APPSPubMaticNASDAQ:PUBM3D SystemsNYSE:DDDAnterixNASDAQ:ATEXBel FuseNASDAQ:BELFBView All CompetitorsInsiders & InstitutionsBarclays PLCSold 442 shares on 9/21/2023Ownership: 0.069%Auxier Asset ManagementBought 9,366 shares on 8/17/2023Ownership: 0.181%Capital Impact Advisors LLCBought 1,666 shares on 8/15/2023Ownership: 0.066%Alliancebernstein L.P.Bought 820 shares on 8/15/2023Ownership: 0.037%Royal Bank of CanadaBought 749 shares on 8/15/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions FORR Stock - Frequently Asked Questions Should I buy or sell Forrester Research stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forrester Research in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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? 1 brokers have issued twelve-month price objectives for Forrester Research's shares. Their FORR share price forecasts range from $37.00 to $37.00. On average, they anticipate the company's share price to reach $37.00 in the next year. This suggests a possible upside of 28.7% 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 start of the year. Since then, FORR shares have decreased by 19.6% and is now trading at $28.74. View the best growth stocks for 2023 here. Are investors shorting Forrester Research? Forrester Research saw a increase in short interest in September. As of September 15th, there was short interest totaling 132,500 shares, an increase of 5.3% from the August 31st total of 125,800 shares. Based on an average daily trading volume, of 46,400 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.2% of the shares of the stock are sold short. View Forrester Research's Short Interest. When is Forrester Research's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our FORR earnings forecast. How were Forrester Research's earnings last quarter? Forrester Research, Inc. (NASDAQ:FORR) issued its earnings results on Thursday, July, 27th. The technology company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.23. The technology company had revenue of $135.59 million for the quarter, compared to the consensus estimate of $128.99 million. Forrester Research had a trailing twelve-month return on equity of 14.24% and a net margin of 0.98%. What guidance has Forrester Research issued on next quarter's earnings? Forrester Research issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $1.80-$2.00 for the period, compared to the consensus EPS estimate of $2.08. The company issued revenue guidance of $475.00 million-$485.00 million, compared to the consensus revenue estimate of $480.82 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." 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 $28.74. How much money does Forrester Research make? Forrester Research (NASDAQ:FORR) has a market capitalization of $554.68 million and generates $537.79 million in revenue each year. The technology company earns $21.81 million in net income (profit) each year or $0.26 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 10/3/2023 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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