Short Interest in Forrester Research, Inc. (NASDAQ:FORR) Increases By 99.1%

Forrester Research, Inc. (NASDAQ:FORR) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,172,940 shares, an increase of 99.1% from the February 12th total of 589,177 shares. Based on an average daily volume of 211,903 shares, the short-interest ratio is currently 5.5 days. Currently, 10.2% of the shares of the company are short sold. Currently, 10.2% of the shares of the company are short sold. Based on an average daily volume of 211,903 shares, the short-interest ratio is currently 5.5 days.

Institutional Trading of Forrester Research

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Tieton Capital Management LLC bought a new position in Forrester Research in the fourth quarter valued at approximately $4,373,000. Strs Ohio acquired a new stake in shares of Forrester Research in the 4th quarter valued at $90,000. Pacific Ridge Capital Partners LLC increased its stake in shares of Forrester Research by 36.2% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 588,888 shares of the technology company’s stock valued at $4,782,000 after purchasing an additional 156,566 shares during the last quarter. Inscription Capital LLC acquired a new position in shares of Forrester Research during the 4th quarter worth $91,000. Finally, Portolan Capital Management LLC lifted its position in shares of Forrester Research by 46.1% during the 3rd quarter. Portolan Capital Management LLC now owns 513,872 shares of the technology company’s stock worth $5,447,000 after buying an additional 162,146 shares during the last quarter. Institutional investors own 55.20% of the company’s stock.

Forrester Research Stock Performance

NASDAQ:FORR traded down $0.26 during mid-day trading on Friday, reaching $5.97. 201,003 shares of the company’s stock were exchanged, compared to its average volume of 195,197. Forrester Research has a one year low of $4.91 and a one year high of $11.57. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.06 and a current ratio of 1.06. The business’s fifty day simple moving average is $7.03 and its two-hundred day simple moving average is $7.98. The firm has a market capitalization of $113.45 million, a PE ratio of -0.95, a price-to-earnings-growth ratio of 1.25 and a beta of 0.95.

Forrester Research (NASDAQ:FORR) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.04). The company had revenue of $101.06 million during the quarter, compared to the consensus estimate of $103.26 million. Forrester Research had a negative net margin of 30.07% and a positive return on equity of 8.16%. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Analysts anticipate that Forrester Research will post 0.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Forrester Research in a report on Monday, December 29th. Wall Street Zen cut Forrester Research from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Zacks Research upgraded Forrester Research from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

About Forrester Research

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.