Shares of F5 Networks, Inc. (NASDAQ:FFIV) have earned a consensus rating of “Hold” from the twenty-six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seventeen have assigned a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $145.41.
Several research analysts have recently commented on the company. Piper Jaffray Companies reiterated a “neutral” rating and issued a $146.00 price objective on shares of F5 Networks in a report on Wednesday, January 10th. Zacks Investment Research upgraded F5 Networks from a “hold” rating to a “buy” rating and set a $154.00 price objective on the stock in a report on Wednesday, January 10th. ValuEngine downgraded F5 Networks from a “buy” rating to a “hold” rating in a report on Saturday. Deutsche Bank restated a “sell” rating on shares of F5 Networks in a report on Friday, January 5th. Finally, DA Davidson set a $155.00 price target on F5 Networks and gave the company a “buy” rating in a report on Wednesday, January 17th.
In other F5 Networks news, Director John Mcadam sold 25,000 shares of F5 Networks stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $143.99, for a total transaction of $3,599,750.00. Following the sale, the director now directly owns 56,312 shares of the company’s stock, valued at approximately $8,108,364.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Francois Locoh-Donou sold 1,675 shares of F5 Networks stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $142.85, for a total value of $239,273.75. Following the sale, the chief executive officer now directly owns 3,984 shares in the company, valued at $569,114.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 50,172 shares of company stock worth $7,274,542. Insiders own 0.26% of the company’s stock.
F5 Networks (FFIV) traded up $0.42 on Friday, hitting $147.48. The stock had a trading volume of 919,354 shares, compared to its average volume of 938,521. The stock has a market capitalization of $9,150.00, a P/E ratio of 21.72, a P/E/G ratio of 2.24 and a beta of 1.01. F5 Networks has a 1 year low of $114.63 and a 1 year high of $153.91.
F5 Networks (NASDAQ:FFIV) last released its quarterly earnings data on Wednesday, January 24th. The network technology company reported $2.26 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.05 by $0.21. The firm had revenue of $523.20 million for the quarter, compared to the consensus estimate of $521.07 million. F5 Networks had a return on equity of 35.98% and a net margin of 19.79%. The company’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.98 earnings per share. research analysts predict that F5 Networks will post 7.23 earnings per share for the current year.
F5 Networks Company Profile
F5 Networks, Inc is a developer and provider of software defined application services. The Company is engaged in the development, marketing and sale of application delivery networking products that optimize the security, performance and availability of network applications, servers and storage systems.
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