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 31.2% and is now trading at $21.57. 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 results 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 firm 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%. The business's quarterly revenue was down 24.3% on a year-over-year basis. During the same period last year, the firm earned ($0.41) earnings per share. 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 expect Forescout Technologies' share price to reach $33.80 in the next year. This suggests a possible upside of 56.7% from the stock's current price. View analysts' price targets for Forescout Technologies.

Press coverage about FSCT stock has been trending negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -2.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Forescout Technologies.

Forescout Technologies saw a increase in short interest in June. As of June 30th, there was short interest totaling 9,660,000 shares, an increase of 8.5% from the June 15th total of 8,900,000 shares. Based on an average daily volume of 3,050,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 22.7% of the shares of the stock are sold short. View Forescout Technologies' Current Options Chain.

Some companies that are related to Forescout Technologies include Xerox (XRX), FireEye (FEYE), HTC (HTCXF), Stratasys (SSYS), Mitek Systems (MITK), Immersion (IMMR), RADCOM (RDCM), Identiv (INVE), Key Tronic (KTCC), AstroNova (ALOT), TransAct Technologies (TACT), Interlink Electronics (LINK), IGO (IGOI), Digital China (DCHIF) and Hauppauge Digital (HAUP). 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 initial public offering (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."

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 $21.57.

Forescout Technologies has a market capitalization of $1.06 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]