Forescout Technologies Inc (NASDAQ:FSCT) – KeyCorp issued their Q1 2019 earnings per share estimates for Forescout Technologies in a note issued to investors on Wednesday. KeyCorp analyst R. Owens anticipates that the company will post earnings per share of ($0.26) for the quarter. KeyCorp has a “Overweight” rating and a $34.00 price objective on the stock. KeyCorp also issued estimates for Forescout Technologies’ Q2 2019 earnings at ($0.20) EPS, Q3 2019 earnings at $0.12 EPS and Q4 2019 earnings at $0.10 EPS.

Forescout Technologies (NASDAQ:FSCT) last released its earnings results on Thursday, December 7th. The company reported ($1.17) earnings per share for the quarter, beating the consensus estimate of ($1.33) by $0.16.

Several other research firms have also weighed in on FSCT. Bank of America boosted their target price on shares of Forescout Technologies from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday. UBS Group set a $30.00 target price on shares of Forescout Technologies and gave the company a “buy” rating in a research note on Friday, December 8th. Morgan Stanley set a $31.00 target price on shares of Forescout Technologies and gave the company a “hold” rating in a research note on Thursday. Citigroup started coverage on shares of Forescout Technologies in a research note on Tuesday, November 21st. They set a “neutral” rating and a $27.00 target price for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Forescout Technologies in a research note on Tuesday, November 21st. They set an “overweight” rating and a $33.00 target price for the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $31.83.

Shares of Forescout Technologies (FSCT) opened at $28.16 on Friday. The company has a debt-to-equity ratio of -0.05, a current ratio of 0.94 and a quick ratio of 0.93. Forescout Technologies has a 12 month low of $21.56 and a 12 month high of $35.00.

Institutional investors have recently added to or reduced their stakes in the company. Gilder Gagnon Howe & Co. LLC bought a new position in shares of Forescout Technologies during the fourth quarter worth about $20,081,000. Albert D Mason Inc. bought a new position in shares of Forescout Technologies during the fourth quarter worth about $596,000. CI Investments Inc. bought a new position in shares of Forescout Technologies during the fourth quarter worth about $797,000. Emerald Advisers Inc. PA bought a new position in shares of Forescout Technologies during the fourth quarter worth about $11,318,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Forescout Technologies during the fourth quarter worth about $315,000. Institutional investors and hedge funds own 1.32% of the company’s stock.

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About Forescout Technologies

ForeScout Technologies, Inc is a United States-based provider of automated security control solutions. The Company transforms security through visibility. It offers enterprises and government organizations the ability to see devices, including non-traditional devices, the instant they connect to the network.

Earnings History and Estimates for Forescout Technologies (NASDAQ:FSCT)

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