F5 (FFIV) to Release Earnings on Tuesday

F5 (NASDAQ:FFIVGet Rating) is set to announce its earnings results after the market closes on Tuesday, April 26th. Analysts expect the company to announce earnings of $1.16 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

F5 (NASDAQ:FFIVGet Rating) last announced its quarterly earnings results on Tuesday, January 25th. The network technology company reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.10. The company had revenue of $687.10 million for the quarter, compared to the consensus estimate of $678.08 million. F5 had a net margin of 12.65% and a return on equity of 22.00%. F5’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.66 EPS. On average, analysts expect F5 to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of NASDAQ FFIV opened at $197.33 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.16 and a current ratio of 1.18. The company has a market cap of $11.99 billion, a P/E ratio of 36.08, a P/E/G ratio of 2.65 and a beta of 1.11. The firm’s fifty day moving average is $202.99 and its two-hundred day moving average is $215.61. F5 has a 52-week low of $174.34 and a 52-week high of $249.00.

In other F5 news, CEO Francois Locoh-Donou sold 1,042 shares of the business’s stock in a transaction dated Monday, April 4th. The shares were sold at an average price of $210.30, for a total value of $219,132.60. Following the completion of the sale, the chief executive officer now directly owns 93,435 shares of the company’s stock, valued at approximately $19,649,380.50. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ana Maria White sold 169 shares of the business’s stock in a transaction dated Friday, April 1st. The shares were sold at an average price of $209.94, for a total transaction of $35,479.86. Following the completion of the sale, the executive vice president now directly owns 29,144 shares of the company’s stock, valued at $6,118,491.36. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,029 shares of company stock valued at $2,817,711. 0.31% of the stock is owned by corporate insiders.

An institutional investor recently bought a new position in F5 stock. Forum Financial Management LP purchased a new position in F5, Inc. (NASDAQ:FFIVGet Rating) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,022 shares of the network technology company’s stock, valued at approximately $250,000. 92.21% of the stock is owned by institutional investors and hedge funds.

FFIV has been the topic of a number of research reports. Credit Suisse Group reduced their price target on shares of F5 from $278.00 to $270.00 and set an “outperform” rating on the stock in a report on Wednesday, January 26th. William Blair reiterated a “market perform” rating on shares of F5 in a report on Tuesday, January 25th. Evercore ISI reduced their target price on shares of F5 from $275.00 to $255.00 and set an “outperform” rating on the stock in a report on Wednesday, January 26th. Royal Bank of Canada reduced their target price on shares of F5 from $220.00 to $210.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 26th. Finally, KeyCorp assumed coverage on shares of F5 in a report on Tuesday, January 18th. They issued an “overweight” rating and a $307.00 target price on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $240.36.

F5 Company Profile (Get Rating)

F5, Inc provides multi-cloud application security and delivery solutions for the security, performance, and availability of network applications, servers, and storage systems. The company's multi-cloud application security and delivery solutions enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud.

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Earnings History for F5 (NASDAQ:FFIV)

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