Forrester Research, Inc. (NASDAQ:FORR) Short Interest Update

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

Wall Street Analysts Forecast Growth

FORR has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Forrester Research in a research report on Monday, December 29th. Wall Street Zen downgraded Forrester Research from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. Finally, Zacks Research upgraded Forrester Research from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce”.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FORR. GAMMA Investing LLC lifted its stake 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 valued at $32,000 after acquiring an additional 2,952 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of Forrester Research by 300.3% during the 3rd quarter. Versant Capital Management Inc now owns 4,616 shares of the technology company’s stock worth $49,000 after acquiring an additional 3,463 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Forrester Research by 402.0% in the third 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 during the last quarter. CWM LLC lifted its position in shares of Forrester Research by 99.0% in the third quarter. CWM LLC now owns 8,445 shares of the technology company’s stock worth $90,000 after purchasing an additional 4,201 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Forrester Research in the fourth quarter worth $90,000. 55.20% of the stock is currently owned by institutional investors.

Forrester Research Stock Down 4.2%

FORR traded down $0.26 during trading on Friday, reaching $5.97. The company had a trading volume of 201,003 shares, compared to its average volume of 195,197. The company has a market cap of $113.45 million, a P/E ratio of -0.95, a PEG ratio of 1.25 and a beta of 0.95. Forrester Research has a 12 month low of $4.91 and a 12 month high of $11.57. 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 business’s fifty day moving average price is $7.03 and its 200 day moving average price is $7.98.

Forrester Research (NASDAQ:FORR) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $103.26 million. Forrester Research had a positive return on equity of 8.16% and a negative net margin of 30.07%.Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Equities analysts anticipate that Forrester Research will post 0.74 EPS for the current 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.