Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Forrester Research Inc before investing.

In this article, we go over a few key elements for understanding Forrester Research Inc’s stock price such as:

• Forrester Research Inc’s current stock price and volume
• Why Forrester Research Inc’s stock price changed recently
• Upgrades and downgrades for FORR from analysts
• FORR’s stock price momentum as measured by its relative strength

About Forrester Research Inc (FORR)

Before we jump into Forrester Research Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Forrester Research, Inc. is an independent research and advisory firm. The Company operates through three segments: Research, Consulting and Events. Research segment provides objective, independent and data-driven research insights utilizing both qualitative and quantitative data. Its primary subscription research services include Forrester Decisions, Forrester Research, and Sirius Decisions Research. Consulting segment includes consulting projects and advisory services. It delivers focused insights and recommendations to assist clients in developing and executing their technology and business strategies. Events segment hosts multiple events across North America, Europe, and the Asia-Pacific region. Its Events focused on business imperatives of significant interest to clients, including business-to-business marketing, sales and product leadership, customer experience, security and risk, new technology and innovation, and data strategies and insights.

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Forrester Research Inc’s Stock Price as of Market Close

As of July 25, 2024, 4:00 PM, CST, Forrester Research Inc’s stock price was $19.14.

Forrester Research Inc is up 4.59% from its previous closing price of $18.30.

During the last market session, Forrester Research Inc’s stock traded between $18.27 and $18.91. Currently, there are 19.29 million shares of Forrester Research Inc stock available for purchase.

Forrester Research Inc’s price-earnings (P/E) ratio is currently at 771.5, which is high compared to the Advertising & Marketing industry median of 19. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Forrester Research Inc Stock Price History

Forrester Research Inc’s (FORR) price is currently up 12.06% so far this month.

During the month of July, Forrester Research Inc’s stock price has reached a high of $19.26 and a low of $16.36.

Over the last year, Forrester Research Inc has hit prices as high as $32.78 and as low as $16.14. Year to date, Forrester Research Inc’s stock is down 46.48%.

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What Caused Forrester Research Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of July 24, 2024,, no analysts have changed their rating of Forrester Research Inc’s stock over the last month.

Additionally, you'll want to evaluate Forrester Research Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Forrester Research Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Forrester Research Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Forrester Research Inc (FORR) by visiting AAII Stock Evaluator.

Relative Price Strength of Forrester Research Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 24, 2024, Forrester Research Inc has a weighted four-quarter relative price strength of -14.41%, which translates to a Momentum Score of 22 and is considered to be Weak.

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Forrester Research Inc Stock Price: Bottom Line

As of July 25, 2024, Forrester Research Inc’s stock price is $19.14, which is up 4.59% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Forrester Research Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.