Forrester Research Updates FY 2025 Earnings Guidance

Forrester Research (NASDAQ:FORR) made an announcement on Tuesday morning regarding its earnings guidance for the fiscal year 2025. The company provided an updated forecast for earnings per share (EPS), projecting a range of 1.200 to 1.350. This falls short of the consensus estimate, which was higher at 1.660. In addition to the EPS guidance, Forrester also released its revenue expectations, indicating a target of $400.0 million to $415.0 million. This is again lower than the consensus revenue estimate of $437.5 million that analysts previously anticipated.

Forrester Research Stock Overview

On the trading day following the announcement, shares of Forrester Research saw a slight increase of $0.04, bringing the stock price to $15.10. Approximately 46,149 shares were exchanged during the trading session, which is relatively close to the average trading volume of 45,846 shares. The stock has a 50-day moving average of $15.51 and a 200-day moving average of $16.68. Currently, Forrester Research holds a market capitalization of $286.90 million, with a price-to-earnings (P/E) ratio of -43.14 and a price-to-earnings-growth (PEG) ratio of 0.97. The stock has been showing a beta of 0.91, indicating its volatility relative to the market. Additionally, Forrester Research maintains a debt-to-equity ratio of 0.15 and both current and quick ratios of 0.98. Over the past year, the stock has reached a 52-week low of $13.91 and a high of $22.15.

Recent Earnings Performance

Forrester Research recently reported its quarterly earnings on February 11. The company noted that it achieved earnings of $0.24 per share, which was below the consensus estimate of $0.34 by $0.10. Despite the shortfall, Forrester Research recorded a positive return on equity of 5.10%, albeit with a negative net margin of 1.55%. Looking ahead, analysts project that Forrester Research will report an EPS of 0.91 for the current fiscal year.

Analyst Ratings and Updates

Additionally, StockNews.com made a notable update regarding Forrester Research's stock rating. In a report published on December 14, the rating was upgraded from "hold" to a "buy" status, suggesting increased confidence among analysts in the company's future performance.

Company Overview

Forrester Research, Inc. is an independent research and advisory firm operating both in the United States and internationally. It organizes its operations into three main segments: Research, Consulting, and Events. The Research segment encompasses primary subscription services such as Forrester Decisions, Forrester Research, and SiriusDecisions Research, which aim to guide business and technology leaders towards growth through a focus on customer insights.

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