forrester research inc. - FORR

FORR

Close Chg Chg %
7.21 0.04 0.55%

Closed Market

7.25

+0.04 (0.55%)

Volume: 132.42K

Last Updated:

Dec 26, 2025, 4:00 PM EDT

Company Overview: forrester research inc. - FORR

FORR Key Data

Open

$7.27

Day Range

7.13 - 7.37

52 Week Range

6.60 - 16.10

Market Cap

$137.01M

Shares Outstanding

19.00M

Public Float

11.25M

Beta

0.96

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$4.50

Yield

0.00%

Dividend

$0.20

EX-DIVIDEND DATE

Dec 11, 2018

SHORT INTEREST

N/A

AVERAGE VOLUME

93.80K

 

FORR Performance

1 Week
 
-2.70%
 
1 Month
 
0.28%
 
3 Months
 
-31.14%
 
1 Year
 
-54.11%
 
5 Years
 
-82.17%
 

FORR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 2
Full Ratings ➔

About forrester research inc. - FORR

Forrester Research, Inc. engages in the provision of advisory services. It operates through the following business segments: Research, Consulting, and Events. The Research segment includes the revenues of the research, connect, and analytics products. The Consulting segment consists of project consulting organization. The Events segment refers to developing and hosting in-person and virtual events. The firm serves the business-to-business marketing, sales, information technology, business-to-consumer marketing, and customer experience sectors. The company was founded by George F. Colony on July 7, 1983 and is headquartered in Cambridge, MA.

FORR At a Glance

Forrester Research, Inc.
60 Acorn Park Drive
Cambridge, Massachusetts 02140
Phone 1-617-613-6000 Revenue 432.47M
Industry Miscellaneous Commercial Services Net Income -5,747,000.00
Sector Commercial Services Employees 1,571
Fiscal Year-end 12 / 2025
View SEC Filings

FORR Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.692
Price to Book Ratio 1.286
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 6.006
Enterprise Value to Sales 0.618
Total Debt to Enterprise Value 0.272

FORR Efficiency

Revenue/Employee 275,283.259
Income Per Employee -3,658.18
Receivables Turnover 7.794
Total Asset Turnover 0.81

FORR Liquidity

Current Ratio 0.875
Quick Ratio 0.875
Cash Ratio 0.513

FORR Profitability

Gross Margin 53.813
Operating Margin 3.304
Pretax Margin 0.61
Net Margin -1.329
Return on Assets -1.076
Return on Equity -2.447
Return on Total Capital -1.902
Return on Invested Capital -1.908

FORR Capital Structure

Total Debt to Total Equity 31.615
Total Debt to Total Capital 24.021
Total Debt to Total Assets 14.402
Long-Term Debt to Equity 26.056
Long-Term Debt to Total Capital 19.797
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Forrester Research Inc. - FORR

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
494.31M 537.79M 480.78M 432.47M
Sales Growth
+10.10% +8.79% -10.60% -10.05%
Cost of Goods Sold (COGS) incl D&A
269.33M 246.20M 224.89M 199.74M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
78.93M 36.94M 32.07M 30.18M
Depreciation
20.80M 23.78M 20.11M 20.54M
Amortization of Intangibles
15.13M 13.16M 11.96M 9.65M
COGS Growth
+27.97% -8.59% -8.66% -11.18%
Gross Income
224.98M 291.58M 255.89M 232.73M
Gross Income Growth
-5.68% +29.60% -12.24% -9.05%
Gross Profit Margin
+45.51% +54.22% +53.22% +53.81%
2021 2022 2023 2024 5-year trend
SG&A Expense
186.00M 249.59M 235.85M 218.44M
Research & Development
- - - -
-
Other SG&A
186.00M 249.59M 235.85M 218.44M
SGA Growth
-14.11% +34.19% -5.51% -7.38%
Other Operating Expense
- - - -
-
Unusual Expense
1.14M 9.34M 13.27M 11.77M
EBIT after Unusual Expense
37.84M 32.65M 6.77M 2.52M
Non Operating Income/Expense
(649.00K) 503.00K 2.58M 3.13M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
4.00M 2.43M 3.06M 3.01M
Interest Expense Growth
-10.87% -39.10% +25.77% -1.60%
Gross Interest Expense
4.00M 2.43M 3.06M 3.01M
Interest Capitalized
- - - -
-
Pretax Income
33.19M 30.72M 6.29M 2.64M
Pretax Income Growth
+156.64% -7.43% -79.54% -58.04%
Pretax Margin
+6.71% +5.71% +1.31% +0.61%
Income Tax
8.35M 8.92M 3.23M 8.38M
Income Tax - Current - Domestic
6.47M 13.17M 5.79M 3.49M
Income Tax - Current - Foreign
2.15M 2.40M 2.91M 4.96M
Income Tax - Deferred - Domestic
(329.00K) (7.30M) (5.47M) 127.00K
Income Tax - Deferred - Foreign
54.00K 649.00K 8.00K (185.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
24.84M 21.81M 3.05M (5.75M)
Minority Interest Expense
- - - -
-
Net Income
24.84M 21.81M 3.05M (5.75M)
Net Income Growth
+148.69% -12.23% -86.01% -288.43%
Net Margin Growth
+5.03% +4.05% +0.63% -1.33%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
24.84M 21.81M 3.05M (5.75M)
Preferred Dividends
- - - -
-
Net Income Available to Common
24.84M 21.81M 3.05M (5.75M)
EPS (Basic)
1.3 1.1497 0.159 -0.301
EPS (Basic) Growth
+145.01% -11.56% -86.17% -289.31%
Basic Shares Outstanding
19.11M 18.97M 19.18M 19.09M
EPS (Diluted)
1.2835 1.1374 0.1584 -0.301
EPS (Diluted) Growth
+143.27% -11.38% -86.07% -290.03%
Diluted Shares Outstanding
19.36M 19.17M 19.26M 19.09M
EBITDA
117.91M 78.93M 52.10M 44.47M
EBITDA Growth
+14.91% -33.06% -33.99% -14.65%
EBITDA Margin
+23.85% +14.68% +10.84% +10.28%

Snapshot

Average Recommendation HOLD Average Target Price 12.00
Number of Ratings 2 Current Quarters Estimate 0.213
FY Report Date 12 / 2025 Current Year's Estimate 1.213
Last Quarter’s Earnings 0.37 Median PE on CY Estimate N/A
Year Ago Earnings 1.47 Next Fiscal Year Estimate 1.33
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 2 3 3
Mean Estimate 0.21 0.15 1.21 1.33
High Estimates 0.24 0.20 1.24 1.49
Low Estimate 0.20 0.09 1.20 1.25
Coefficient of Variance 10.83 53.64 1.90 10.42

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 2 2 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Forrester Research Inc. - FORR

Date Name Shares Transaction Value
Dec 9, 2025 Neil Richard John Bradford Director 37,997 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $7.3 per share 277,378.10
Aug 6, 2025 Sharyn Leaver Chief Research Officer 18,846 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 6, 2025 Carrie A. Johnson Chief Product Officer 27,176 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 6, 2025 Carrie A. Johnson Chief Product Officer 26,354 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.94 per share 288,312.76
Aug 6, 2025 Carrie A. Johnson Chief Product Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 6, 2025 Sharyn Leaver Chief Research Officer 18,609 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.94 per share 203,582.46
Aug 6, 2025 Sharyn Leaver Chief Research Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 5, 2025 Robert P. Bennett Director 19,305 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2025 Neil Richard John Bradford Director 38,393 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2025 Cory Munchbach Director 14,737 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2025 Andrew Cox Chief Marketing Officer 17,056 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2025 Warren N. Romine Director 21,702 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2025 Anthony J. Friscia Director 33,938 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 4, 2025 Scott R. Chouinard Chief Accounting Officer 9,303 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $9.36 per share 87,076.08
Apr 4, 2025 Scott R. Chouinard Chief Accounting Officer 4,320 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 4, 2025 Scott R. Chouinard Chief Accounting Officer 12,820 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 4, 2025 Ryan D. Darrah Chief Legal Officer 25,347 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 4, 2025 Ryan D. Darrah Chief Legal Officer 23,717 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $9.36 per share 221,991.12
Apr 4, 2025 Ryan D. Darrah Chief Legal Officer 21,666 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 4, 2025 Carrie A. Johnson Chief Product Officer 66,666 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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