NASDAQ:FSCTForescout Technologies Stock Price, Forecast & News

Forescout Technologies' stock was trading at $31.35 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FSCT shares have decreased by 21.1% and is now trading at $24.74. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forescout Technologies in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Forescout Technologies.

Forescout Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Forescout Technologies.

Forescout Technologies Inc (NASDAQ:FSCT) issued its quarterly earnings data on Monday, May, 11th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.37) by $0.30. The business earned $57.20 million during the quarter, compared to analyst estimates of $78.88 million. Forescout Technologies had a negative return on equity of 151.04% and a negative net margin of 45.71%. Forescout Technologies's quarterly revenue was down 24.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.41) EPS. View Forescout Technologies' earnings history.

11 brokers have issued 12-month target prices for Forescout Technologies' shares. Their forecasts range from $23.00 to $45.00. On average, they anticipate Forescout Technologies' share price to reach $34.90 in the next twelve months. This suggests a possible upside of 41.1% from the stock's current price. View analysts' price targets for Forescout Technologies.

Media headlines about FSCT stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forescout Technologies earned a news impact score of -1.7 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutForescout Technologies.

Forescout Technologies saw a increase in short interest in May. As of May 15th, there was short interest totaling 9,810,000 shares, an increase of 29.9% from the April 30th total of 7,550,000 shares. Based on an average trading volume of 2,400,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 23.4% of the company's shares are short sold. View Forescout Technologies' Current Options Chain.

Some companies that are related to Forescout Technologies include SEIKO EPSON COR/ADR (SEKEY), Xerox (XRX), FireEye (FEYE), HTC (HTCXF), Stratasys (SSYS), Mitek Systems (MITK), Immersion (IMMR), RADCOM (RDCM), Identiv (INVE), AstroNova (ALOT), Key Tronic (KTCC), TransAct Technologies (TACT), Interlink Electronics (LINK), IGO (IGOI) and Digital China (DCHIF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Forescout Technologies investors own include Alibaba Group (BABA), NVIDIA (NVDA), Adobe (ADBE), Netflix (NFLX), Walt Disney (DIS), Okta (OKTA), AbbVie (ABBV), salesforce.com (CRM), Johnson & Johnson (JNJ) and Splunk (SPLK).

(FSCT) raised $101 million in an IPO on Friday, October 27th 2017. The company issued 4,800,000 shares at $20.00-$22.00 per share. Morgan Stanley, J.P. Morgan and Citigroup acted as the underwriters for the IPO and BofA Merrill Lynch, UBS Investment Bank and KeyBanc Capital Markets were co-managers.

Forescout Technologies trades on the NASDAQ under the ticker symbol "FSCT."

Forescout Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.42%), Water Island Capital LLC (3.88%), Beryl Capital Management LLC (3.09%), Alpine Associates Management Inc. (2.57%), Legal & General Group Plc (2.50%) and Healthcare of Ontario Pension Plan Trust Fund (2.46%). Company insiders that own Forescout Technologies stock include Amadeus Capital Partners Ltd, Christopher Harms, Darren J Milliken, David G Dewalt, Enrique T Salem, James A Beer, Michael Decesare, Pedro Abreu, Rami Kalish, T Kent Elliott and Yehezkel Yeshurun. View institutional ownership trends for Forescout Technologies.

FSCT stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Altai Capital Management L.P., Weiss Multi Strategy Advisers LLC, Primecap Management Co. CA, Two Sigma Investments LP, ETF Managers Group LLC, Raymond James & Associates, and Russell Investments Group Ltd.. Company insiders that have sold Forescout Technologies company stock in the last year include Christopher Harms, Darren J Milliken, David G Dewalt, Enrique T Salem, James A Beer, Michael Decesare, Pedro Abreu, and Yehezkel Yeshurun. View insider buying and selling activity for Forescout Technologies.

FSCT stock was purchased by a variety of institutional investors in the last quarter, including Water Island Capital LLC, Beryl Capital Management LLC, Alpine Associates Management Inc., Healthcare of Ontario Pension Plan Trust Fund, CNH Partners LLC, Citigroup Inc., JPMorgan Chase & Co., and Morgan Stanley. View insider buying and selling activity for Forescout Technologies.

Shares of FSCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FSCT stock can currently be purchased for approximately $24.74.

Forescout Technologies has a market capitalization of $1.22 billion and generates $336.80 million in revenue each year. The company earns $-118,540,000.00 in net income (profit) each year or ($2.58) on an earnings per share basis. Forescout Technologies employs 1,217 workers across the globe.

The official website for Forescout Technologies is www.forescout.com.

Forescout Technologies' mailing address is 190 West Tasman Drive, San Jose CA, 95134. The company can be reached via phone at 408-213-3191 or via email at [email protected]