Forrester Research (FORR) Stock Price, News & Analysis

Company Overview

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. 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.

Key Stats

• Today's Range: $14.67 to $15.12
• 50-Day Range: $14.60 to $19.23
• 52-Week Range: $14.39 to $27.89
• Volume: 73,918 shs
• Average Volume: 118,635 shs
• Market Capitalization: $279.61 million
• P/E Ratio: 183.38
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Forrester Research Stock Analysis - MarketRank™

Forrester Research scored higher than 72% of companies evaluated by MarketBeat, and ranked 241st out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Forrester Research.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 20.00%

Earnings Growth

Earnings for Forrester Research are expected to grow by 20.00% in the coming year, from $0.95 to $1.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Forrester Research is 183.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Forrester Research is 183.38, 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 266.28.

Price to Earnings Growth Ratio

Forrester Research has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Forrester Research has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.17% of the float of Forrester Research has been sold short.

Short Interest Ratio / Days to Cover

Forrester Research has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Forrester Research has recently increased by 40.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Forrester Research does not currently pay a dividend.

Dividend Growth

Forrester Research does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Forrester Research is 2,666.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Forrester Research will have a dividend payout ratio of 70.18% next year. This indicates that Forrester Research will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.4 / 5
• Environmental Score: -0.43

Percentage of Shares Shorted

3.17% of the float of Forrester Research has been sold short.

Short Interest Ratio / Days to Cover

Forrester Research has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Forrester Research has recently increased by 40.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.64

News Sentiment

Forrester Research has a news sentiment score of 0.64. 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 Week

MarketBeat has tracked 6 news articles for Forrester Research this week, compared to 6 articles on an average week.

MarketBeat Follows

2 people have added Forrester Research to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $85,635.00 in company stock.

Percentage Held by Insiders

39.20% 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 Institutions

55.20% of the stock of Forrester Research is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FORR Stock Analysis - Frequently Asked Questions

How have FORR shares performed this year?

Forrester Research's stock was trading at $26.81 at the start of the year. Since then, FORR shares have decreased by 45.3% and is now trading at $14.67.
View the best growth stocks for 2024 here.

How were Forrester Research's earnings last quarter?

Forrester Research, Inc. (NASDAQ:FORR) released its quarterly earnings results on Wednesday, November, 3rd. The technology company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.24. The technology company had revenue of $118.14 million for the quarter, compared to analyst estimates of $116.42 million. Forrester Research had a net margin of 0.32% and a trailing twelve-month return on equity of 6.52%.

Does Forrester Research have any subsidiaries?

Forrester Research subsidiaries include SiriusDecisions, FeedbackNow, GlimpzIt, Springboard Research, Strategic Oxygen business, JUPR Holdings, Giga Group, and more.

Who are Forrester Research's major shareholders?

Top institutional shareholders of Forrester Research include Ballentine Partners LLC (1.33%), Creative Planning (0.14%) and Assenagon Asset Management S.A. (0.06%). Insiders that own company stock include Kelley Hippler, Robert Galford, Ryan Darrah, Steven P Peltzman, Anthony J Friscia, Carrie Johnson, David Boyce, Alicia Lee, Scott Chouinard and Gretchen Teichgraeber.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Forrester Research own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Forrester Research investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), Humana (HUM), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 10/31/2024
• Next Earnings (Confirmed): 11/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Engineering, accounting, research, management & related services
• Sub-Industry: IT Consulting & Other Services
• Current Symbol: NASDAQ:FORR
• CUSIP: 34656310
• CIK: 1023313
• Web: www.forrester.com
• Phone: (617) 613-6000
• Fax: 617-613-5000
• Employees: 1,744
• Year Founded: 1983

Profitability

• EPS (Most Recent Fiscal Year): $0.03
• Trailing P/E Ratio: 186.88
• Forward P/E Ratio: 15.74
• P/E Growth: 1.22
• Net Income: $3.05 million
• Net Margins: 0.32%
• Pretax Margin: 1.41%
• Return on Equity: 6.52%
• Return on Assets: 2.82%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 0.91
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $453.42 million
• Price / Sales: 0.63
• Cash Flow: $2.86 per share
• Price / Cash Flow: 5.23
• Book Value: $12.49 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 19,107,000
• Free Float: 11,588,000
• Market Cap: $285.65 million
• Optionable: Optionable
• Beta: 0.87