$0.27 EPS Expected for Forrester Research, Inc. (FORR)

July 17, 2017 - By Darrin Black

 $0.27 EPS Expected for Forrester Research, Inc. (FORR)
Investors sentiment decreased to 1.81 in 2016 Q4. Its down 1.06, from 2.87 in 2016Q3. It is negative, as 6 investors sold Forrester Research, Inc. shares while 31 reduced holdings. 29 funds opened positions while 38 raised stakes. 9.84 million shares or 1.49% more from 9.69 million shares in 2016Q3 were reported.
Metropolitan Life Insurance Co Ny, a New York-based fund reported 8,278 shares. Aperio Group Limited Co owns 5,102 shares. Pinebridge Investments Lp reported 0% in Forrester Research, Inc. (NASDAQ:FORR). Blackrock Institutional Na reported 0% of its portfolio in Forrester Research, Inc. (NASDAQ:FORR). First Mercantile Tru Co holds 11,280 shares or 0.07% of its portfolio. Martingale Asset Mngmt L P reported 10,300 shares stake. Financial Bank Of Mellon Corp has 0% invested in Forrester Research, Inc. (NASDAQ:FORR). Pnc Financial Svcs Group holds 0% or 6 shares. Menta Capital Ltd Llc has invested 0.07% in Forrester Research, Inc. (NASDAQ:FORR). Vanguard Grp Inc reported 881,552 shares. Wells Fargo Mn reported 0% stake. State Of Tennessee Treasury Department reported 0% in Forrester Research, Inc. (NASDAQ:FORR). American Cap Mngmt, a New York-based fund reported 413,702 shares. Seizert Prtn Ltd Liability Company stated it has 0.01% of its portfolio in Forrester Research, Inc. (NASDAQ:FORR). Mason Street Advisors Limited Company owns 0% invested in Forrester Research, Inc. (NASDAQ:FORR) for 2,190 shares.

Since March 15, 2017, it had 0 buys, and 8 insider sales for $1.74 million activity. 18,595 shares were sold by Peltzman Steven P., worth $744,232. 2,880 Forrester Research, Inc. (NASDAQ:FORR) shares with value of $111,456 were sold by Morhardt Michael. $447,908 worth of stock was sold by HORNIG GEORGE on Wednesday, May 10. Chouinard Scott also sold $45,410 worth of Forrester Research, Inc. (NASDAQ:FORR) shares. WELLES MICHAEL sold 4,000 shares worth $160,000. Condon Cliff sold $95,800 worth of Forrester Research, Inc. (NASDAQ:FORR) on Wednesday, March 15.

Investors wait Forrester Research, Inc. (NASDAQ:FORR) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.27 earnings per share, down $0.14 or 34.15 % from last year’s $0.41 same quarter earnings. This translates into $4.81 million profit for FORR giving the stock a 37.27 P/E. This is assuming the current $0.27 EPS is accurate. Forrester Research, Inc.’s Wall Street analysts see 68.75 % EPS growth, taking into account the $0.16 EPS reproted in the previous quarter, The stock increased 0.75% or $0.3 during the last trading session, reaching $40.25. About 23,645 shares traded. Forrester Research, Inc. (NASDAQ:FORR) has risen 5.93% since July 18, 2016 and is uptrending. It has underperformed by 10.77% the S&P500.

Forrester Research, Inc. (NASDAQ:FORR) Ratings Coverage

Among 2 analysts covering Forrester Research (NASDAQ:FORR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Forrester Research had 2 analyst reports since October 6, 2015 according to SRatingsIntel. On Monday, October 31 the stock rating was upgraded by Sidoti to “Buy”. The stock of Forrester Research, Inc. (NASDAQ:FORR) earned “Mkt Perform” rating by Barrington Research on Tuesday, October 6.

Forrester Research, Inc. is an independent research, data, and advisory services firm. The company has market cap of $716.65 million. The Firm offers research, data, advisory and related services that are thematic, prescriptive and executable, and that provide a perspective on the changing business environment. It has a 38.15 P/E ratio. The Company’s divisions include Research, Product and Project Consulting.

Another recent and important Forrester Research, Inc. (NASDAQ:FORR) news was published by Businesswire.com which published an article titled: “Easy Solutions Named a Strong Performer in Risk-Based Authentication Report by …” on July 17, 2017.

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