Forrester Research (NASDAQ:FORR) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Forrester Research, Inc. (NASDAQ:FORR)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.84 and traded as high as $9.83. Forrester Research shares last traded at $9.66, with a volume of 277,840 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Forrester Research in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce”.

Forrester Research Price Performance

The company’s 50-day moving average is $7.12 and its 200-day moving average is $6.84. The firm has a market capitalization of $187.50 million, a price-to-earnings ratio of -3.41, a PEG ratio of 1.83 and a beta of 0.97. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.92 and a quick ratio of 0.92.

Forrester Research (NASDAQ:FORR) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.16). The company had revenue of $85.45 million for the quarter, compared to analyst estimates of $83.28 million. Forrester Research had a positive return on equity of 6.65% and a negative net margin of 13.74%.Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. On average, research analysts expect that Forrester Research, Inc. will post 0.38 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FORR. Versant Capital Management Inc grew its position in Forrester Research by 63.2% during the second quarter. Versant Capital Management Inc now owns 8,360 shares of the technology company’s stock valued at $70,000 after acquiring an additional 3,237 shares during the period. Quantinno Capital Management LP raised its holdings in shares of Forrester Research by 81.0% in the 1st quarter. Quantinno Capital Management LP now owns 224,085 shares of the technology company’s stock worth $1,268,000 after purchasing an additional 100,276 shares during the period. Sei Investments Co. lifted its stake in shares of Forrester Research by 112.3% in the 1st quarter. Sei Investments Co. now owns 284,424 shares of the technology company’s stock valued at $1,610,000 after purchasing an additional 150,470 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Forrester Research by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 68,756 shares of the technology company’s stock worth $389,000 after purchasing an additional 2,266 shares during the period. Finally, Corient Private Wealth LLC purchased a new stake in shares of Forrester Research during the 4th quarter worth about $93,000. Institutional investors and hedge funds own 55.20% of the company’s stock.

Forrester Research Company Profile

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.