Headlines about Forrester Research (NASDAQ:FORR) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Forrester Research earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 46.0495008939489 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern’s scoring:
Shares of Forrester Research stock traded up $0.25 on Tuesday, hitting $42.80. The stock had a trading volume of 292 shares, compared to its average volume of 46,513. Forrester Research has a twelve month low of $36.95 and a twelve month high of $47.75. The company has a market capitalization of $777.81 million, a P/E ratio of 51.57, a P/E/G ratio of 3.43 and a beta of 0.36.
Forrester Research (NASDAQ:FORR) last released its quarterly earnings data on Thursday, April 26th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.07). Forrester Research had a net margin of 3.07% and a return on equity of 7.62%. The firm had revenue of $77.75 million during the quarter, compared to analyst estimates of $78.51 million. equities research analysts predict that Forrester Research will post 1.05 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 27th. Shareholders of record on Wednesday, June 13th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Tuesday, June 12th. Forrester Research’s dividend payout ratio is presently 96.39%.
Several research analysts have recently issued reports on FORR shares. BidaskClub downgraded Forrester Research from a “buy” rating to a “hold” rating in a research note on Tuesday, May 1st. Zacks Investment Research downgraded Forrester Research from a “hold” rating to a “sell” rating in a research note on Thursday, May 3rd. Finally, Barrington Research reaffirmed a “hold” rating on shares of Forrester Research in a research note on Friday, April 27th.
In other Forrester Research news, Director George Hornig sold 8,100 shares of the stock in a transaction that occurred on Tuesday, May 8th. The shares were sold at an average price of $42.61, for a total transaction of $345,141.00. Following the completion of the sale, the director now owns 8,861 shares of the company’s stock, valued at approximately $377,567.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 43.50% of the company’s stock.
Forrester Research Company Profile
Forrester Research, Inc operates as an independent research, data, and advisory services company. It operates through Research, Product, and Project Consulting segments. Its primary syndicated research product is Research, which offers clients with access to its syndicated research designed to inform their strategic decision-making.
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