Forrester Research Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 45 out of 76 in the Media & Publishing industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 12.00.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Forrester Research Inc is 7.01, ranking 44 out of 76 in the Media & Publishing industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 94.30M, representing a year-over-year decrease of 8.03%, while its net profit experienced a year-over-year decrease of 63.33%.
Key Metrics
The current valuation score of Forrester Research Inc is 8.18, ranking 21 out of 76 in the Media & Publishing industry. Its current P/E ratio is -1.63, which is -49232.86% below the recent high of 798.70 and -3139.50% above the recent low of -52.66.
The current earnings forecast score of Forrester Research Inc is 6.00, ranking 51 out of 76 in the Media & Publishing industry. The average price target is 12.00, with a high of 12.00 and a low of 12.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Forrester Research Inc is 6.05, ranking 65 out of 76 in the Media & Publishing industry. Currently, the stock price is trading between the resistance level at 8.27 and the support level at 6.58, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Forrester Research Inc is 5.00, ranking 33 out of 76 in the Media & Publishing industry. The latest institutional shareholding proportion is 63.83%, representing a quarter-over-quarter decrease of 0.19%. The largest institutional shareholder is The Vanguard, holding a total of 659.06K shares, representing 3.47% of shares outstanding, with 2.35% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Media & Publishing domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Forrester Research Inc is 3.61, ranking 46 out of 76 in the Media & Publishing industry. The company's beta value is 0.93. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Forrester Research Inc’s latest ESG disclosure leads the Media & Publishing industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
