Forrester Research, Inc. is an independent research company that provides advice to global companies in business and technology. The Company’s products and services are targeted to 19 specific roles, including senior management, business strategists, and marketing and information technology professionals. Research serves as the foundation for all the Company’s offerings and consists primarily of annual memberships to its syndicated research offering RoleView, which provides access to its core research on a range of business and technology issues. In addition to RoleView, the Company also provides a portfolio of products and services that allow its clients to interact directly with analysts and their peers and explore in detail the issues and topics covered by RoleView on a role and client-specific basis. In July 2008, the Company acquired JupiterResearch, LLC, and its parent company, JUPR Holdings, Inc.

-Forrester Research, Inc.’s third-quarter ended September 30, 2009 financial results: total revenues were $53.9 million, compared with $59.5 million for the third quarter of last year. Net income of $4.3 million, or $0.19 per diluted share, compared with net income of $6.4 million, or $0.27 per diluted share, for the same period last year.

-Forrester Research Inc. expected fourth quarter earnings of $0.26 to $0.30 per share on revenue of $58.0 million to $61.0 million. The current consensus earnings estimate was $0.26 per share on revenue of $56.6 million for the quarter ending December 31, 2009.

-FORR added 2.72%, to $25.70 today. It has a market cap of 577.25 million and has traded within a 52-week range of $16.21 and $28.70. FORR is currently above its 20-day moving average of $25.37 and above its 100-day moving average of $24.46. It has near-term technical support in the $24.53 price area. If the shares can continue the recent rebound, we see overheadresistance around the $27.89 price levels. Technical indicator for the stock is strong buy.  Here is the chart: