Barrington Keeps a Hold Rating on Forrester Research (FORR)

In a report released today, Vincent Colicchio from Barrington maintained a Hold rating on Forrester Research (FORRResearch Report). The company’s shares opened today at $46.19.

Colicchio wrote:

“We expect Forrester to report Q4/18 non-GAAP EPS of $0.50, which is less than the FactSet consensus of $0.51, but in line with management’s guidance range of $0.49-0.52. Our earnings forecast represents year-over-year growth of 58%.”

According to TipRanks.com, Colicchio is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -4.9% and a 48.8% success rate. Colicchio covers the Technology sector, focusing on stocks such as Computer Task, HealthStream, and Virtusa Corp.

Forrester Research has an analyst consensus of Hold.

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Forrester Research’s market cap is currently $837.1M and has a P/E ratio of 70.06. The company has a Price to Book ratio of 5.70.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock.

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Forrester Research, Inc. engages in the provision of research, data, and advisory services. It operates through the following segments: Research, Product, and Project Consulting.

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