NASDAQ:FSCT - ForeScout Technologies Stock Price, Price Target & More

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

ForeScout Technologies (NASDAQ:FSCT) released its quarterly earnings results on Thursday, May, 10th. The company reported ($0.38) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.45) by $0.07. The business had revenue of $59.70 million for the quarter, compared to analysts' expectations of $55.91 million. The firm's revenue for the quarter was up 41.5% compared to the same quarter last year. View ForeScout Technologies' Earnings History.

ForeScout Technologies issued an update on its FY18 earnings guidance on Thursday, May, 10th. The company provided earnings per share guidance of ($1.08)-($1.00) for the period, compared to the Thomson Reuters consensus EPS estimate of ($1.10). The company issued revenue guidance of $270-$280.4 million, compared to the consensus revenue estimate of $269.14 million.ForeScout Technologies also updated its Q2 guidance to ($0.39)-($0.37) EPS.

8 equities research analysts have issued 1 year target prices for ForeScout Technologies' stock. Their forecasts range from $27.00 to $40.00. On average, they expect ForeScout Technologies' stock price to reach $34.00 in the next year. View Analyst Ratings for ForeScout Technologies.

ForeScout Technologies saw a increase in short interest in April. As of April 30th, there was short interest totalling 929,273 shares, an increase of 60.3% from the April 13th total of 579,572 shares. Based on an average trading volume of 620,413 shares, the short-interest ratio is currently 1.5 days. Currently, 4.5% of the company's stock are sold short.

Some companies that are related to ForeScout Technologies include FireEye (FEYE), HTC (HTCXF), Stratasys (SSYS), Digital China (DCHIF), Immersion (IMMR), Mitek Systems (MITK), Radcom (RDCM), AstroNova (ALOT), Key Tronic (KTCC), TransAct Technologies (TACT), Identiv (INVE), Interlink Electronics (LINK), RadiSys (RSYS), Top Image Systems (TISA) and IGO (IGOI).

(FSCT) raised $101 million in an initial public offering 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 acted as the underwriters for the IPO and BofA Merrill Lynch, UBS Investment Bank and KeyBanc Capital Markets were co-managers.

ForeScout Technologies' lock-up period expired on Wednesday, April 25th. ForeScout Technologies had issued 5,280,000 shares in its IPO on October 27th. The total size of the offering was $116,160,000 based on an initial share price of $22.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

Media coverage about FSCT stock has been trending somewhat positive on Saturday, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ForeScout Technologies earned a media sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the company an impact score of 45.04 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

ForeScout Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (2.33%), Massachusetts Financial Services Co. MA (1.12%), AO Asset Management LP (0.87%), Wasatch Advisors Inc. (0.81%), Federated Investors Inc. PA (0.74%) and ETF Managers Group LLC (0.73%). Company insiders that own ForeScout Technologies stock include Christopher Harms, Darren J Milliken, David G Dewalt, Meritech Management Associates, Michael Decesare, Pedro Abreu, 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 Wasatch Advisors Inc., Massachusetts Financial Services Co. MA, ETF Managers Group LLC and Neuberger Berman Group LLC. Company insiders that have sold ForeScout Technologies company stock in the last year include Christopher Harms, Darren J Milliken, David G Dewalt, Meritech Management Associates, Michael Decesare, Pedro Abreu, T Kent Elliott and Yehezkel Yeshurun. View Insider Buying and Selling for ForeScout Technologies.

FSCT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., AO Asset Management LP, Federated Investors Inc. PA, Millennium Management LLC, JPMorgan Chase & Co., Jane Street Group LLC, Stifel Financial Corp and Pendal Group Ltd. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of FSCT stock can currently be purchased for approximately $30.29.

ForeScout Technologies has a market capitalization of $1.20 billion and generates $220.87 million in revenue each year. The company earns $-91,200,000.00 in net income (profit) each year or ($7.93) on an earnings per share basis. ForeScout Technologies employs 823 workers across the globe.

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]