Forrester Research (NASDAQ:FORR) Issues FY 2024 Earnings Guidance

Forrester Research (NASDAQ:FORRGet Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.370-1.570 for the period, compared to the consensus earnings per share estimate of 1.460. The company issued revenue guidance of $425.0 million-$435.0 million, compared to the consensus revenue estimate of $430.3 million.

Forrester Research Trading Up 2.8 %

Shares of NASDAQ:FORR traded up $0.44 during midday trading on Thursday, reaching $16.44. The company had a trading volume of 79,558 shares, compared to its average volume of 117,916. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.91 and a current ratio of 0.91. Forrester Research has a 1-year low of $14.38 and a 1-year high of $27.89. The firm has a market cap of $313.35 million, a price-to-earnings ratio of 205.50, a price-to-earnings-growth ratio of 1.20 and a beta of 0.88. The company has a fifty day simple moving average of $16.82 and a two-hundred day simple moving average of $17.64.

Analyst Ratings Changes

Separately, StockNews.com lowered Forrester Research from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st.

Check Out Our Latest Research Report on FORR

About Forrester Research

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for Forrester Research (NASDAQ:FORR)

Receive News & Ratings for Forrester Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forrester Research and related companies with MarketBeat.com's FREE daily email newsletter.