NASDAQ:FSCTForescout Technologies Stock Price, Forecast & News

Forescout Technologies' stock was trading at $31.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FSCT stock has decreased by 20.6% and is now trading at $24.89. 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 for the quarter, missing the Zacks' consensus estimate of ($0.37) by $0.30. The firm had revenue of $57.20 million for 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 company's revenue was down 24.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.41) EPS. View Forescout Technologies' earnings history.

Forescout Technologies updated its second quarter 2020 Pre-Market earnings guidance on Wednesday, July, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $78-82 million, compared to the consensus revenue estimate of $74.81 million.

11 analysts have issued twelve-month price targets for Forescout Technologies' stock. Their forecasts range from $23.00 to $45.00. On average, they anticipate Forescout Technologies' share price to reach $33.90 in the next year. This suggests a possible upside of 36.2% from the stock's current price. View analysts' price targets for Forescout Technologies.

Media coverage about FSCT stock has been trending very negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Forescout Technologies earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Forescout Technologies.

Forescout Technologies saw a increase in short interest during the month of 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 trading volume of 3,050,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 22.7% of the shares of the company are sold short. 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), Key Tronic (KTCC), AstroNova (ALOT), 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 a price of $20.00-$22.00 per share. Morgan Stanley, J.P. Morgan and Citigroup served 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 variety of retail and institutional investors. Top institutional investors include FNY Investment Advisers LLC (0.04%). 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 FNY Investment Advisers LLC. 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.

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 $24.89.

Forescout Technologies has a market capitalization of $1.23 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]