Forrester Research (NASDAQ:FORR) Issues Quarterly Earnings Results

Forrester Research (NASDAQ:FORR - Get Free Report) announced its quarterly earnings data on Thursday. The technology company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by ($0.08), Zacks reports. Forrester Research had a negative net margin of 21.53% and a positive return on equity of 6.92%. Forrester Research updated its FY 2025 guidance to 1.150-1.250 EPS.

Forrester Research Trading Down 1.9%

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Shares of NASDAQ FORR traded down $0.16 during trading on Thursday, hitting $8.19. 112,629 shares of the company were exchanged, compared to its average volume of 104,427. The firm has a market capitalization of $156.10 million, a PE ratio of -1.74, a P/E/G ratio of 0.75 and a beta of 0.96. Forrester Research has a 12-month low of $8.10 and a 12-month high of $17.65. The company has a fifty day moving average price of $9.62 and a 200-day moving average price of $9.92. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.09 and a current ratio of 1.09.

Institutional Trading of Forrester Research

Several institutional investors and hedge funds have recently bought and sold shares of FORR. Jacobs Levy Equity Management Inc. purchased a new stake in Forrester Research during the first quarter worth about $149,000. Jane Street Group LLC purchased a new stake in Forrester Research during the first quarter worth about $178,000. Arrowstreet Capital Limited Partnership purchased a new stake in Forrester Research during the second quarter worth about $801,000. Marshall Wace LLP purchased a new stake in Forrester Research during the second quarter worth about $131,000. Finally, Federated Hermes Inc. increased its stake in Forrester Research by 1.0% during the second quarter. Federated Hermes Inc. now owns 252,810 shares of the technology company's stock worth $2,503,000 after purchasing an additional 2,446 shares during the period. 55.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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A number of equities analysts have commented on FORR shares. Weiss Ratings reiterated a "sell (d-)" rating on shares of Forrester Research in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of Forrester Research from a "buy" rating to a "hold" rating in a report on Saturday, October 11th. Finally, Zacks Research downgraded shares of Forrester Research from a "hold" rating to a "strong sell" rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Sell".

Get Our Latest Stock Report on FORR

About Forrester Research

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.

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