Forrester Research Inc [FORR] stock is trading at $8.12, up 6.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The FORR shares have gain 14.53% over the last week, with a monthly amount glided 11.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Forrester Research Inc [NASDAQ: FORR] stock has seen the most recent analyst activity on October 30, 2023, when Barrington Research downgraded its rating to a Mkt Perform. Previously, Barrington Research reaffirmed its Outperform rating on August 03, 2020, and elevated its price target to $44. On March 31, 2020, upgrade upgraded it’s rating to Outperform but maintained its price target of $34 on the stock. Sidoti started tracking the stock assigning a Buy rating. Sidoti initiated its recommendation with a Buy and recommended $55 as its price target on August 28, 2019. Maxim Group reiterated a Buy rating for this stock on August 01, 2019, and downed its price target to $59. In a note dated February 28, 2019, Maxim Group initiated an Buy rating and provided a target price of $62 on this stock.
Forrester Research Inc [FORR] stock has fluctuated between $6.60 and $16.09 over the past year. Forrester Research Inc [NASDAQ: FORR] shares were valued at $8.12 at the most recent close of the market.
Analyzing the FORR fundamentals
Forrester Research Inc [NASDAQ:FORR] reported sales of 403.87M for the trailing twelve months, which represents a drop of -8.03%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.44 and Total Capital is -0.35. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.72 points at the first support level, and at 7.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.34, and for the 2nd resistance point, it is at 8.57.
Ratios To Look Out For
For context, Forrester Research Inc’s Current Ratio is 0.97. On the other hand, the Quick Ratio is 0.97, and the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 0.98.
Transactions by insiders
Recent insider trading involved David Boyce, Former director, that happened on May 20 ’25 when 14230.0 shares were purchased. Director, Robert Galford completed a deal on May 13 ’25 to buy 15541.0 shares.
