F5 (FFIV) to Release Quarterly Earnings on Monday

F5 (NASDAQ:FFIV) will announce its earnings results after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $2.88 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Monday, January 29th. The network technology company reported $3.43 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.39. The firm had revenue of $693.00 million for the quarter, compared to analyst estimates of $684.77 million. F5 had a net margin of 16.43% and a return on equity of 20.81%. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.65 earnings per share. On average, analysts expect F5 to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

F5 Stock Up 0.0 %

NASDAQ:FFIV opened at $181.94 on Friday. The firm has a market cap of $10.70 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 2.68 and a beta of 1.11. F5 has a 12 month low of $129.93 and a 12 month high of $199.49. The company’s 50-day moving average price is $187.66 and its two-hundred day moving average price is $176.26.

Insider Buying and Selling

In related news, EVP Thomas Dean Fountain sold 851 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $183.06, for a total transaction of $155,784.06. Following the completion of the sale, the executive vice president now directly owns 15,008 shares of the company’s stock, valued at $2,747,364.48. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other F5 news, CEO Francois Locoh-Donou sold 6,400 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $188.02, for a total value of $1,203,328.00. Following the completion of the sale, the chief executive officer now owns 123,251 shares of the company’s stock, valued at $23,173,653.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas Dean Fountain sold 851 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $183.06, for a total transaction of $155,784.06. Following the completion of the sale, the executive vice president now directly owns 15,008 shares of the company’s stock, valued at approximately $2,747,364.48. The disclosure for this sale can be found here. Insiders sold a total of 10,201 shares of company stock valued at $1,908,065 over the last ninety days. Insiders own 0.58% of the company’s stock.

Wall Street Analysts Forecast Growth

FFIV has been the topic of a number of recent analyst reports. Royal Bank of Canada restated a “sector perform” rating and issued a $204.00 price target on shares of F5 in a research report on Friday, February 9th. The Goldman Sachs Group boosted their price target on shares of F5 from $156.00 to $179.00 and gave the company a “neutral” rating in a research report on Tuesday, January 30th. Piper Sandler boosted their target price on shares of F5 from $170.00 to $187.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 30th. JPMorgan Chase & Co. boosted their target price on shares of F5 from $197.00 to $205.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Finally, KeyCorp boosted their target price on shares of F5 from $186.00 to $204.00 and gave the stock an “overweight” rating in a research note on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, F5 presently has an average rating of “Hold” and a consensus price target of $192.22.

F5 Company Profile

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.