Forrester Research Inc (NASDAQ: FORR) has recently experienced extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.
Significant negative changes in fundamentals have recently occurred for Forrester Research Inc (NASDAQ: FORR). Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FORR is expected to continue to be a Value Builder.
Forrester Research has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Forrester Research has a neutral Appreciation Score of 47 but a poor Power Rating of 17, and the Lowest Value Trend Rating results.
Recent Price Action
On 3/4/24, Forrester Research Inc (NASDAQ: FORR) stock declined by -4.2%, closing at $19.55. Moreover, exceptionally high trading volume at 565% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
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