Forrester Research Sees Unusually High Options Volume (NASDAQ:FORR)

Forrester Research, Inc. (NASDAQ:FORR) was the target of unusually large options trading activity on Monday. Stock investors bought 7,000 put options on the company. This represents an increase of 11,375% compared to the average daily volume of 61 put options.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Zacks Research raised shares of Forrester Research from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings restated a “sell (e+)” rating on shares of Forrester Research in a report on Monday, December 29th. Finally, Wall Street Zen downgraded Forrester Research from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Forrester Research presently has an average rating of “Reduce”.

Institutional Investors Weigh In On Forrester Research

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

Forrester Research Trading Down 5.6%

NASDAQ:FORR traded down $0.35 on Monday, hitting $5.80. 18,065 shares of the stock were exchanged, compared to its average volume of 134,382. The stock has a fifty day moving average of $7.45 and a 200-day moving average of $8.35. The stock has a market cap of $110.11 million, a PE ratio of -0.92, a PEG ratio of 1.29 and a beta of 0.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.22. Forrester Research has a fifty-two week low of $4.91 and a fifty-two week high of $12.10.

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

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.