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NASDAQ:FORR

Forrester Research (FORR) Stock Price, News & Analysis

$18.00
-0.04 (-0.22%)
(As of 04:00 PM ET)
Today's Range
$17.88
$18.27
50-Day Range
$17.61
$21.68
52-Week Range
$17.26
$32.79
Volume
71,560 shs
Average Volume
137,246 shs
Market Capitalization
$343.98 million
P/E Ratio
600.00
Dividend Yield
N/A
Price Target
$37.00

Forrester Research MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
105.2% Upside
$37.00 Price Target
Short Interest
Healthy
3.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
0.22mentions of Forrester Research in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.42%
From $1.04 to $1.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Computer And Technology Sector

135th out of 602 stocks

Engineering, Accounting, Research, Management & Related Services Industry

1st out of 2 stocks

FORR stock logo

About Forrester Research Stock (NASDAQ:FORR)

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.

FORR Stock Price History

FORR Stock News Headlines

Apple's AI iPhone can be like THIS
What a generative AI iPhone could look like
Q1 2024 Forrester Research Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/28/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engineering, accounting, research, management & related services
Sub-Industry
IT Consulting & Other Services
Current Symbol
NASDAQ:FORR
CUSIP
34656310
Employees
1,744
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$37.00
High Stock Price Target
$37.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+105.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$3.05 million
Pretax Margin
0.62%

Debt

Sales & Book Value

Annual Sales
$467.19 million
Cash Flow
$3.01 per share
Book Value
$12.49 per share

Miscellaneous

Free Float
11,617,000
Market Cap
$344.69 million
Optionable
Optionable
Beta
0.94

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Key Executives


FORR Stock Analysis - 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 year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FORR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FORR, but not buy additional shares or sell existing shares.
View FORR analyst ratings
or view top-rated stocks.

What is Forrester Research's stock price target for 2024?

1 analysts have issued twelve-month price targets for Forrester Research's stock. Their FORR share price targets range from $37.00 to $37.00. On average, they predict the company's stock price to reach $37.00 in the next year. This suggests a possible upside of 105.2% 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 2024?

Forrester Research's stock was trading at $26.81 at the beginning of the year. Since then, FORR shares have decreased by 32.7% and is now trading at $18.03.
View the best growth stocks for 2024 here
.

When is Forrester Research's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our FORR earnings forecast
.

How were Forrester Research's earnings last quarter?

Forrester Research, Inc. (NASDAQ:FORR) posted its quarterly earnings results on Tuesday, April, 30th. The technology company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.12. The technology company earned $100.08 million during the quarter, compared to analyst estimates of $104.21 million. Forrester Research had a trailing twelve-month return on equity of 9.30% and a net margin of 0.10%.

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

Forrester Research updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of 1.500-1.700 for the period, compared to the consensus EPS estimate of 1.580. The company issued revenue guidance of $430.0 million-$450.0 million, compared to the consensus revenue estimate of $437.8 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).

Who are Forrester Research's major shareholders?

Forrester Research's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.01%), Kent Lake Capital LLC (2.78%), Advisors Preferred LLC (0.36%), GSA Capital Partners LLP (0.30%), Acadian Asset Management LLC (0.20%) and Price T Rowe Associates Inc. MD (0.15%). Insiders that own company stock include Alicia Lee, Anthony J Friscia, Carrie Johnson, David Boyce, Gretchen Teichgraeber, Kelley Hippler, Neil Bradford, Robert Galford, Ryan Darrah, Scott Chouinard and Steven P Peltzman.
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.

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..
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This page (NASDAQ:FORR) was last updated on 5/28/2024 by MarketBeat.com Staff

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