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 data on Thursday, May, 10th. The company reported ($0.38) EPS for the quarter, beating the consensus estimate of ($0.45) by $0.07. The business earned $59.70 million during the quarter, compared to analysts' expectations of $55.91 million. The firm's quarterly revenue was up 41.5% on a year-over-year basis. View ForeScout Technologies' Earnings History.

ForeScout Technologies updated 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 earnings per share 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 Wall Street analysts have issued 1-year price objectives for ForeScout Technologies' stock. Their predictions range from $27.00 to $40.00. On average, they expect ForeScout Technologies' share price to reach $34.00 in the next twelve months. View Analyst Ratings for ForeScout Technologies.

ForeScout Technologies saw a increase in short interest in the month of 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 daily volume of 620,413 shares, the short-interest ratio is currently 1.5 days. Approximately 4.5% of the shares of the 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 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 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 public offering 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 major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

News coverage about FSCT stock has trended positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ForeScout Technologies earned a coverage optimism score of 0.42 on Accern's scale. They also gave news stories about the company an impact score of 46.47 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

ForeScout Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 $1.19 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]