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 quarterly earnings results on Thursday, February, 6th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.03. The business earned $91.30 million during the quarter, compared to the consensus estimate of $95.23 million. The company's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($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 brokerages have issued 1 year target prices for Forescout Technologies' shares. Their forecasts range from $33.00 to $50.00. On average, they expect Forescout Technologies' stock price to reach $38.18 in the next twelve months. This suggests a possible upside of 15.8% 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 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forescout Technologies.

Media coverage about FSCT stock has been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring 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 nearest to five being the most favorable. Forescout Technologies earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Forescout Technologies.

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

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 served 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 variety of of institutional and retail investors. Top institutional investors include Amadeus Capital Partners LTD (5.79%), Altai Capital Management L.P. (3.17%), State Street Corp (1.88%), Emerald Advisers LLC (1.66%), Point72 Asset Management L.P. (1.60%) and Emerald Mutual Fund Advisers Trust (1.36%). 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 acquired by a variety of institutional investors in the last quarter, including Amadeus Capital Partners LTD, Altai Capital Management L.P., First Trust Advisors LP, Point72 Asset Management L.P., Rockefeller Capital Management L.P., Jacobs Levy Equity Management Inc., FMR LLC and State Street Corp. 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 $32.98.