NASDAQ:FSCTForescout Technologies Stock Price, Forecast & News

Forescout Technologies' stock was trading at $31.35 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. 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) released its earnings results on Monday, May, 11th. The company reported ($0.67) earnings per share for the quarter, missing analysts' consensus estimates of ($0.37) by $0.30. The company earned $57.20 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.41) earnings per share. View Forescout Technologies' earnings history.

11 brokerages have issued twelve-month price objectives for Forescout Technologies' stock. Their forecasts range from $23.00 to $45.00. On average, they anticipate Forescout Technologies' stock 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.

News stories about FSCT stock have been trending negative on Friday, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news 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 news sentiment score of -2.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Forescout Technologies.

Forescout Technologies saw a drop in short interest in June. As of June 15th, there was short interest totaling 8,900,000 shares, a drop of 24.7% from the May 31st total of 11,820,000 shares. Based on an average daily trading volume, of 3,300,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 20.9% of the company's shares are short sold. 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 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."

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]