Media stories about F5 Networks (NASDAQ:FFIV) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. F5 Networks earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the network technology company an impact score of 46.5095244700402 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Worth Observing Stocks: Tempur Sealy International Inc. (NYSE:TPX), F5 Networks, Inc. (NASDAQ:FFIV) – The Oracle Examiner (oracleexaminer.com)
- Q3 2018 Earnings Forecast for F5 Networks, Inc. Issued By KeyCorp (FFIV) (americanbankingnews.com)
- F5 Networks (FFIV) Rating Lowered to Hold at ValuEngine (americanbankingnews.com)
- $528.98 Million in Sales Expected for F5 Networks, Inc. (FFIV) This Quarter (americanbankingnews.com)
- F5 CEO Locoh-Donou Charts the Software Shift (finance.yahoo.com)
FFIV has been the subject of several recent research reports. Zacks Investment Research cut F5 Networks from a “buy” rating to a “hold” rating in a research report on Monday, January 15th. BMO Capital Markets upgraded F5 Networks from a “market perform” rating to an “outperform” rating and set a $122.00 price target for the company in a research report on Thursday, January 4th. Bank of America upgraded F5 Networks from a “neutral” rating to a “buy” rating and set a $157.00 price target for the company in a research report on Friday, January 5th. Deutsche Bank reiterated a “sell” rating on shares of F5 Networks in a research 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 research report on Wednesday, January 17th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $140.30.
F5 Networks (NASDAQ:FFIV) last posted its earnings results 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. F5 Networks had a return on equity of 35.98% and a net margin of 19.79%. The business had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $521.07 million. During the same period in the previous year, the business earned $1.98 earnings per share. The firm’s revenue was up 1.4% on a year-over-year basis. analysts forecast that F5 Networks will post 7.23 EPS for the current fiscal year.
In other F5 Networks news, CFO Andrew Reinland sold 1,995 shares of F5 Networks stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $144.83, for a total transaction of $288,935.85. Following the completion of the sale, the chief financial officer now owns 18,930 shares of the company’s stock, valued at $2,741,631.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Alan Higginson sold 2,000 shares of F5 Networks stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $144.51, for a total value of $289,020.00. Following the sale, the director now directly owns 11,310 shares of the company’s stock, valued at approximately $1,634,408.10. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 50,172 shares of company stock valued at $7,274,542. Corporate insiders own 0.30% 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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