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.
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Industry, Sector and Symbol
Industry Engineering, accounting, research, management & related services
Sub-IndustryIT Consulting & Other Services
SectorComputer and Technology
Phone617-613-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$461.70 million
Profitability
Miscellaneous
Employees1,432
Next Earnings Date5/5/2020 (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 were Forrester Research's earnings last quarter?
Forrester Research, Inc. (NASDAQ:FORR) issued its quarterly earnings results on Thursday, February, 13th. The technology company reported $0.57 EPS for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.09. The technology company had revenue of $124.27 million for the quarter, compared to analysts' expectations of $123.24 million. Forrester Research had a negative net margin of 2.07% and a negative return on equity of 6.51%. View Forrester Research's Earnings History.
When is Forrester Research's next earnings date?
What guidance has Forrester Research issued on next quarter's earnings?
Forrester Research issued an update on its first quarter 2020
After-Hours earnings guidance on Thursday, February, 13th. The company provided earnings per share (EPS) guidance of 0.12-0.18 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.07. The company issued revenue guidance of $108-112 million, compared to the consensus revenue estimate of $109.55 million.
What price target have analysts set for FORR?
3 brokerages have issued twelve-month price targets for Forrester Research's shares. Their forecasts range from $55.00 to $59.00. On average, they expect Forrester Research's share price to reach $57.00 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price. View Analyst Price Targets for Forrester Research.
What is the consensus analysts' recommendation for Forrester Research?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forrester Research in the last year. There are currently 1 hold rating and 2 buy ratings 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. 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. " (10/31/2019)
- 2. Maxim Group analysts commented, "In 1Q19 results due Tuesday, 4/30 post-close, we project revenue of $97.5M, up 25.4% y/y, an EBITDA loss of ($7.3M) and non-GAAP loss per share of ($0.04)." (4/24/2019)
Has Forrester Research been receiving favorable news coverage?
News stories about FORR stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forrester Research earned a news impact score of -1.9 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Forrester Research.
Are investors shorting Forrester Research?
Forrester Research saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 337,000 shares, an increase of 31.4% from the January 15th total of 256,400 shares. Based on an average daily trading volume, of 63,100 shares, the days-to-cover ratio is presently 5.3 days. Currently, 3.2% of the shares of the company are short sold. View Forrester Research's Current Options Chain.
Who are some of Forrester Research's key competitors?
Some companies that are related to Forrester Research include Accenture (ACN), IBM (IBM), Cognizant Technology Solutions (CTSH), Leidos (LDOS), Gartner (IT), EPAM Systems (EPAM), Booz Allen Hamilton (BAH), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Virtusa (VRTU), Unisys (UIS), The Hackett Group (HCKT) and Servicesource International (SREV).
What other stocks do shareholders of Forrester Research own?
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 a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.18%), ArrowMark Colorado Holdings LLC (3.91%), State Street Corp (1.74%), Royce & Associates LP (1.31%), Thrivent Financial for Lutherans (1.22%) and William Blair Investment Management LLC (1.06%). Company insiders that own Forrester Research stock include Carrie Johnson, Cliff Condon, David Boyce, George Hornig, Gretchen Teichgraeber, Kelley Hippler, Michael A Doyle, Neil Bradford, Robert Galford and Ryan Darrah. View Institutional Ownership Trends for Forrester Research.
Which major investors are selling Forrester Research stock?
FORR stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Victory Capital Management Inc., Victory Capital Management Inc., Dupont Capital Management Corp, Assenagon Asset Management S.A., Martingale Asset Management L P, GW&K Investment Management LLC and Bank of America Corp DE. Company insiders that have sold Forrester Research company stock in the last year include Carrie Johnson, David Boyce, Gretchen Teichgraeber, Kelley Hippler, Michael A Doyle and Ryan Darrah. View Insider Buying and Selling for Forrester Research.
Which major investors are buying Forrester Research stock?
FORR stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, William Blair Investment Management LLC, ArrowMark Colorado Holdings LLC, Osborne Partners Capital Management LLC, Thrivent Financial for Lutherans, Renaissance Technologies LLC, Western Standard LLC and Goldman Sachs Group Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Forrester Research's stock price today?
One share of FORR stock can currently be purchased for approximately $41.76.
How big of a company is Forrester Research?
Forrester Research has a market capitalization of $777.65 million and generates $461.70 million in revenue each year. The technology company earns $-9,570,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. Forrester Research employs 1,432 workers across the globe.View Additional Information About Forrester Research.
What is Forrester Research's official website?
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)
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.
