Forrester Research (NASDAQ:FORR) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of Forrester Research (NASDAQ:FORR) from a buy rating to a hold rating in a research report report published on Sunday.

FORR has been the topic of several other research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Forrester Research in a report on Monday, December 29th. Zacks Research upgraded shares of Forrester Research from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Forrester Research Stock Performance

Shares of FORR stock opened at $5.61 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $106.59 million, a price-to-earnings ratio of -0.89, a PEG ratio of 0.50 and a beta of 0.93. Forrester Research has a 1 year low of $4.91 and a 1 year high of $13.32. The firm has a fifty day moving average price of $7.52 and a 200-day moving average price of $8.44.

Forrester Research (NASDAQ:FORR) last released its earnings results on Thursday, February 12th. The technology company reported $0.17 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $101.06 million for the quarter, compared to analysts’ expectations of $103.26 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. As a group, equities analysts predict that Forrester Research will post 0.74 earnings per share for the current year.

Institutional Investors Weigh In On Forrester Research

Several large investors have recently added to or reduced their stakes in FORR. Trexquant Investment LP increased its position in Forrester Research by 75.6% during the fourth quarter. Trexquant Investment LP now owns 56,433 shares of the technology company’s stock valued at $458,000 after acquiring an additional 24,304 shares during the last quarter. Graham Capital Management L.P. lifted its holdings in Forrester Research by 53.3% during the 4th quarter. Graham Capital Management L.P. now owns 19,522 shares of the technology company’s stock valued at $159,000 after buying an additional 6,787 shares in the last quarter. Squarepoint Ops LLC boosted its position in Forrester Research by 9.7% in the 4th quarter. Squarepoint Ops LLC now owns 31,145 shares of the technology company’s stock valued at $253,000 after buying an additional 2,752 shares during the period. Walleye Capital LLC boosted its position in Forrester Research by 149.0% in the 4th quarter. Walleye Capital LLC now owns 229,890 shares of the technology company’s stock valued at $1,867,000 after buying an additional 137,571 shares during the period. Finally, State Street Corp grew its stake in Forrester Research by 1.5% in the 4th quarter. State Street Corp now owns 255,745 shares of the technology company’s stock worth $2,077,000 after acquiring an additional 3,778 shares in the last quarter. 55.20% of the stock is owned by institutional investors.

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.