Forrester Research, Inc. (NASDAQ:FORR – Get Free Report) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 680,770 shares, a decrease of 37.5% from the June 15th total of 1,089,736 shares. Currently, 5.9% of the company’s stock are sold short. Based on an average daily volume of 288,529 shares, the days-to-cover ratio is presently 2.4 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Forrester Research in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Forrester Research has an average rating of “Reduce”.
Check Out Our Latest Stock Report on Forrester Research
Institutional Investors Weigh In On Forrester Research
Forrester Research Price Performance
NASDAQ FORR opened at $10.57 on Friday. Forrester Research has a fifty-two week low of $4.88 and a fifty-two week high of $11.57. The stock’s 50-day moving average is $7.66 and its two-hundred day moving average is $6.98. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $205.16 million, a P/E ratio of -3.70, a price-to-earnings-growth ratio of 1.98 and a beta of 0.97.
Forrester Research (NASDAQ:FORR – Get Free Report) last released its earnings results on Wednesday, May 6th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.16). Forrester Research had a negative net margin of 13.74% and a positive return on equity of 6.65%. The business had revenue of $85.45 million during the quarter, compared to analyst estimates of $83.28 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. On average, analysts anticipate that Forrester Research will post 0.38 earnings per share for the current fiscal year.
Forrester Research Company Profile
Forrester Research, Inc is a leading global research and advisory firm that provides insights and guidance to business and technology leaders. Founded in 1983 and headquartered in Cambridge, Massachusetts, the company offers a wide range of services designed to help clients understand market dynamics, evaluate technology investments and develop customer-centric strategies. Forrester’s core offerings include syndicated research reports, bespoke advisory services, consulting engagements and data-driven analytics.
Through its extensive research practice, Forrester produces in-depth analyses of emerging technologies, industry trends and best practices across sectors such as information technology, marketing, customer experience and digital business.
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