Forrester Research Updates FY 2025 Earnings Guidance

Forrester Research (NASDAQ:FORR) announced an update regarding its earnings guidance for the fiscal year 2025 on Tuesday morning. The company provided projected earnings per share (EPS) guidance ranging from 1.200 to 1.350. This figure is notably below the consensus estimate which stands at 1.660.

In addition to the EPS guidance, Forrester Research also shared its revenue expectations for the same period. The anticipated revenue is between $400.0 million and $415.0 million, contrasting with the consensus revenue estimate of $437.5 million.

Forrester Research Stock Insights

On the same day, shares of Forrester Research traded with a slight increase of $0.04, reaching a price of $15.10. During the trading session, a total of 46,149 shares changed hands, compared to the average daily trading volume of 45,846 shares. The company's stock exhibits a 50-day moving average of $15.51 and a 200-day moving average of $16.68. Currently, Forrester Research has a market capitalization of $286.90 million.

Additional financial metrics include a price-to-earnings (P/E) ratio of -43.14 and a price-to-earnings growth (PEG) ratio of 0.97. The company also reports a beta of 0.91, a debt-to-equity ratio of 0.15, and liquidity ratios including a current ratio of 0.98 and a quick ratio of 0.98. The stock has recorded a 52-week low of $13.91 and a 52-week high of $22.15.

Recent Earnings Report

Forrester Research's most recent quarterly earnings report was released on February 11th. The technology firm reported earnings of $0.24 per share, which was below the analysts' expectations of $0.34 per share, missing the forecast by $0.10. Despite this shortfall, the company noted a positive return on equity of 5.10%, although it also reported a negative net margin of 1.55%. Analysts anticipate that Forrester Research will achieve an EPS of 0.91 for the current fiscal year.

Shifts in Analyst Ratings

In a notable development, StockNews.com upgraded Forrester Research from a "hold" rating to a "buy" rating in a report published on December 14th.

About Forrester Research

Forrester Research, Inc. is an independent research and advisory firm operating in both the United States and international markets. The company has three main business segments: Research, Consulting, and Events. The Research segment focuses on subscription research services, which include Forrester Decisions, Forrester Research, and SiriusDecisions Research. These services are designed to help business and technology leaders achieve growth through customer-centric strategies.

Forrester, Earnings, Update