F5 (NASDAQ:FFIV - Get Free Report) is set to post its quarterly earnings results after the market closes on Monday, October 28th. Analysts expect F5 to post earnings of $3.45 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
F5 (NASDAQ:FFIV - Get Free Report) last issued its earnings results on Monday, July 29th. The network technology company reported $3.36 EPS for the quarter, topping analysts' consensus estimates of $2.97 by $0.39. F5 had a net margin of 19.94% and a return on equity of 21.03%. The business had revenue of $695.50 million for the quarter, compared to the consensus estimate of $686.06 million. During the same period in the prior year, the firm earned $2.46 EPS. The company's revenue for the quarter was down 1.0% compared to the same quarter last year. On average, analysts expect F5 to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.
NASDAQ FFIV opened at $217.48 on Monday. The firm's 50 day moving average price is $208.94 and its 200-day moving average price is $187.58. F5 has a 52-week low of $145.45 and a 52-week high of $224.47. The company has a market cap of $12.75 billion, a PE ratio of 26.05, a P/E/G ratio of 2.61 and a beta of 1.06.
A number of research firms have issued reports on FFIV. Royal Bank of Canada raised their price target on shares of F5 from $182.00 to $205.00 and gave the stock a "sector perform" rating in a report on Tuesday, July 30th. Needham & Company LLC raised their price target on shares of F5 from $220.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, July 30th. Barclays raised their price target on shares of F5 from $189.00 to $214.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 30th. Piper Sandler lifted their target price on shares of F5 from $167.00 to $186.00 and gave the company a "neutral" rating in a research report on Tuesday, July 30th. Finally, Evercore ISI lifted their target price on shares of F5 from $180.00 to $210.00 and gave the company an "in-line" rating in a research report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $204.56.
Check Out Our Latest Stock Report on F5
In other F5 news, CEO Francois Locoh-Donou sold 1,450 shares of F5 stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $188.35, for a total transaction of $273,107.50. Following the transaction, the chief executive officer now directly owns 124,022 shares of the company's stock, valued at $23,359,543.70. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Francis J. Pelzer sold 600 shares of the business's stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $217.50, for a total value of $130,500.00. Following the sale, the chief financial officer now directly owns 30,425 shares of the company's stock, valued at approximately $6,617,437.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Francois Locoh-Donou sold 1,450 shares of the business's stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $188.35, for a total transaction of $273,107.50. Following the completion of the sale, the chief executive officer now directly owns 124,022 shares in the company, valued at $23,359,543.70. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,371 shares of company stock valued at $1,487,755 over the last ninety days. Company insiders own 0.58% of the company's stock.
F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company's distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider F5, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and F5 wasn't on the list.
While F5 currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.