Forrester Research (FORR) Scheduled to Post Earnings on Tuesday

Forrester Research (NASDAQ:FORR) is scheduled to be announcing its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Forrester Research has set its FY 2024 guidance at 1.500-1.700 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Forrester Research (NASDAQ:FORR) last announced its quarterly earnings results on Thursday, February 8th. The technology company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). Forrester Research had a net margin of 0.63% and a return on equity of 10.77%. The firm had revenue of $118.09 million during the quarter, compared to analysts’ expectations of $116.43 million. On average, analysts expect Forrester Research to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Forrester Research Trading Up 1.1 %

Shares of FORR stock opened at $18.77 on Friday. Forrester Research has a fifty-two week low of $18.10 and a fifty-two week high of $32.79. The stock has a market cap of $363.95 million, a P/E ratio of 110.41, a P/E/G ratio of 1.32 and a beta of 0.91. The business has a fifty day simple moving average of $20.03 and a 200-day simple moving average of $23.48. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.15.

Insider Buying and Selling

In related news, Director Robert Galford sold 13,000 shares of Forrester Research stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $20.73, for a total transaction of $269,490.00. Following the completion of the sale, the director now owns 20,489 shares in the company, valued at approximately $424,736.97. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 39.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, StockNews.com cut Forrester Research from a “buy” rating to a “hold” rating in a research report on Friday, April 19th.

Forrester Research Company Profile

Forrester Research, Inc operates as an independent research and advisory company in the United States and internationally. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions, Forrester Research, and SiriusDecisions Research, which are designed to provide business and technology leaders with a proven path to growth through customer obsession.