Forrester Research (NASDAQ:FORR) Stock Rating Lowered by Wall Street Zen

Forrester Research (NASDAQ:FORR) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

A number of other analysts also recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Forrester Research in a research report on Monday, December 29th. Zacks Research raised shares of Forrester Research from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Forrester Research currently has a consensus rating of “Reduce”.

Forrester Research Stock Down 9.7%

Shares of NASDAQ:FORR opened at $5.61 on Friday. The firm has a market cap of $106.59 million, a P/E ratio of -0.89, a P/E/G ratio of 0.50 and a beta of 0.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.22. Forrester Research has a 12-month low of $4.91 and a 12-month high of $13.32. The business has a fifty day simple moving average of $7.55 and a 200 day simple moving average of $8.48.

Forrester Research (NASDAQ:FORR) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates 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 predict that Forrester Research will post 0.74 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC increased its stake in Forrester Research by 2,589.5% in the third quarter. GAMMA Investing LLC now owns 3,066 shares of the technology company’s stock valued at $32,000 after purchasing an additional 2,952 shares in the last quarter. CWM LLC grew its stake in shares of Forrester Research by 279.6% in the 2nd quarter. CWM LLC now owns 4,244 shares of the technology company’s stock valued at $42,000 after buying an additional 3,126 shares during the period. Versant Capital Management Inc grew its stake in shares of Forrester Research by 300.3% in the 3rd quarter. Versant Capital Management Inc now owns 4,616 shares of the technology company’s stock valued at $49,000 after buying an additional 3,463 shares during the period. BNP Paribas Financial Markets increased its position in Forrester Research by 402.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,190 shares of the technology company’s stock valued at $66,000 after buying an additional 4,957 shares in the last quarter. Finally, Strs Ohio acquired a new position in Forrester Research during the 4th quarter worth approximately $90,000. 55.20% of the stock is owned by institutional investors.

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.