News stories about F5 Networks (NASDAQ:FFIV) have trended somewhat positive recently, Alpha One Sentiment reports. The research group, a service of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. F5 Networks earned a media sentiment score of 0.09 on Alpha One’s scale. Alpha One also assigned news headlines about the network technology company an impact score of 96 out of 100, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected AlphaOne Sentiment’s scoring:
- F5 Networks, Inc. (NasdaqGS:FFIV) Valuation in the Spotlight – Concord Register (concordregister.com)
- F5’s Headwinds Aren’t Letting Up – Seeking Alpha (seekingalpha.com)
- The F5 Networks, Inc. (FFIV) Director John Mcadam Sells 10000 Shares – BangaloreWeekly (bangaloreweekly.com)
- The Zurcher Kantonalbank Zurich Cantonalbank Purchases 5297 Shares of F5 Networks, Inc. (FFIV) – BangaloreWeekly (bangaloreweekly.com)
A number of equities research analysts have recently commented on the stock. Drexel Hamilton reaffirmed a “buy” rating and set a $165.00 price objective on shares of F5 Networks in a research note on Monday, April 24th. Zacks Investment Research cut shares of F5 Networks from a “hold” rating to a “sell” rating in a research note on Wednesday, January 25th. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 Networks in a research note on Thursday, March 30th. Oppenheimer Holdings Inc. set a $157.00 price objective on shares of F5 Networks and gave the stock a “buy” rating in a research note on Saturday, April 8th. Finally, Robert W. Baird reaffirmed an “in-line” rating on shares of F5 Networks in a research note on Thursday, January 26th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company. F5 Networks presently has a consensus rating of “Hold” and a consensus price target of $135.44.
F5 Networks (NASDAQ:FFIV) opened at 127.15 on Friday. The stock has a market cap of $8.23 billion, a price-to-earnings ratio of 21.70 and a beta of 1.33. The stock’s 50 day moving average price is $133.19 and its 200 day moving average price is $140.09. F5 Networks has a 12-month low of $106.26 and a 12-month high of $149.50.
F5 Networks (NASDAQ:FFIV) last issued its quarterly earnings results on Wednesday, April 26th. The network technology company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by $0.06. F5 Networks had a net margin of 18.32% and a return on equity of 32.62%. The firm had revenue of $518.20 million for the quarter, compared to the consensus estimate of $523.12 million. During the same quarter in the prior year, the firm earned $1.68 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. Analysts forecast that F5 Networks will post $8.20 EPS for the current fiscal year.
In related news, EVP Ryan C. Kearny sold 846 shares of the business’s stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $127.95, for a total transaction of $108,245.70. Following the transaction, the executive vice president now directly owns 1,071 shares in the company, valued at $137,034.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Edward Julian Eames sold 4,645 shares of the business’s stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $127.76, for a total value of $593,445.20. The disclosure for this sale can be found here. Insiders have sold 25,146 shares of company stock worth $3,234,190 over the last 90 days. Corporate insiders own 0.26% of the company’s stock.
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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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