NASDAQ:FSCT - Forescout Technologies Stock Price, Forecast & News

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

Forescout Technologies Inc (NASDAQ:FSCT) announced its earnings results on Thursday, February, 6th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.06) by $0.03. The company had revenue of $91.30 million for the quarter, compared to analysts' expectations of $95.23 million. Forescout Technologies had a negative net margin of 35.19% and a negative return on equity of 112.57%. The business's quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.01) earnings per share. View Forescout Technologies' Earnings History.

Forescout Technologies is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Forescout Technologies.

11 analysts have issued 12-month target prices for Forescout Technologies' stock. Their forecasts range from $33.00 to $50.00. On average, they anticipate Forescout Technologies' share price to reach $37.18 in the next year. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for Forescout Technologies.

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.

News coverage about FSCT stock has been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 1.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Forescout Technologies.

Forescout Technologies saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,620,000 shares, a decline of 8.0% from the January 15th total of 1,760,000 shares. Based on an average trading volume of 659,700 shares, the days-to-cover ratio is presently 2.5 days. Currently, 4.5% of the company's stock are sold short. View Forescout Technologies' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Forescout Technologies investors own include Netflix (NFLX), Alibaba Group (BABA), Adobe (ADBE), NVIDIA (NVDA), salesforce.com (CRM), AT&T (T), Verizon Communications (VZ), Okta (OKTA), Paypal (PYPL) and AbbVie (ABBV).

(FSCT) raised $101 million in an initial public offering 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' stock is owned by a number of of retail and institutional investors. Top institutional investors include Amadeus Capital Partners LTD (5.79%), Sachem Head Capital Management LP (3.29%), Altai Capital Management L.P. (3.17%), State Street Corp (1.88%), Emerald Advisers LLC (1.66%) and Point72 Asset Management L.P. (1.60%). 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, Meritech Management Associates, 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 UBS Asset Management Americas Inc., Goldman Sachs Group Inc., Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Bank of America Corp DE, New York State Common Retirement Fund, Bank of Montreal Can and Bank of New York Mellon Corp. 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, 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 Amadeus Capital Partners LTD, Sachem Head Capital Management LP, Altai Capital Management L.P., First Trust Advisors LP, Point72 Asset Management L.P., Rockefeller Capital Management L.P., Jacobs Levy Equity Management Inc. and FMR LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of FSCT stock can currently be purchased for approximately $32.88.

Forescout Technologies has a market capitalization of $1.55 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 1,116 workers across the globe.View Additional Information About Forescout Technologies.

The official website for Forescout Technologies is http://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]