Equities analysts forecast that F5 Networks, Inc. (NASDAQ:FFIV) will report earnings per share of $1.73 for the current fiscal quarter, according to Zacks Investment Research. Nine analysts have issued estimates for F5 Networks’ earnings, with estimates ranging from $1.69 to $1.76. F5 Networks reported earnings per share of $1.69 during the same quarter last year, which suggests a positive year-over-year growth rate of 2.4%. The business is expected to issue its next quarterly earnings results on Wednesday, October 25th.

On average, analysts expect that F5 Networks will report full year earnings of $6.28 per share for the current financial year, with EPS estimates ranging from $6.22 to $6.31. For the next year, analysts expect that the company will post earnings of $6.87 per share, with EPS estimates ranging from $6.58 to $7.04. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for F5 Networks.

F5 Networks (NASDAQ:FFIV) last posted its quarterly earnings results on Wednesday, July 26th. The network technology company reported $2.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.03. The business had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $525.57 million. F5 Networks had a return on equity of 33.85% and a net margin of 18.96%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.81 earnings per share.

A number of analysts recently commented on the company. Zacks Investment Research downgraded F5 Networks from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. BMO Capital Markets reaffirmed an “outperform” rating and set a $124.00 price target (down from $132.00) on shares of F5 Networks in a research report on Thursday, July 27th. Barclays PLC decreased their price target on F5 Networks from $124.00 to $116.00 and set an “overweight” rating for the company in a research report on Thursday, July 27th. CIBC reaffirmed a “market perform” rating on shares of F5 Networks in a research report on Thursday, July 27th. Finally, Oppenheimer Holdings, Inc. downgraded F5 Networks from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $145.00 to $120.00 in a research report on Thursday, July 27th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $132.00.

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F5 Networks (NASDAQ FFIV) traded down 0.37% during trading on Friday, reaching $118.18. The company had a trading volume of 220,711 shares. The firm has a market capitalization of $7.51 billion, a PE ratio of 19.63 and a beta of 1.16. The firm’s 50 day moving average price is $126.44 and its 200 day moving average price is $134.35. F5 Networks has a 12-month low of $114.45 and a 12-month high of $149.50.

In related news, COO Edward Julian Eames sold 4,378 shares of F5 Networks stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $120.63, for a total transaction of $528,118.14. Following the completion of the sale, the chief operating officer now owns 35,088 shares of the company’s stock, valued at $4,232,665.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Andrew Reinland sold 6,215 shares of F5 Networks stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $120.27, for a total value of $747,478.05. Following the sale, the chief financial officer now directly owns 20,601 shares of the company’s stock, valued at approximately $2,477,682.27. The disclosure for this sale can be found here. Insiders have sold 19,050 shares of company stock valued at $2,293,138 in the last three months. 0.26% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. First Bank & Trust raised its stake in F5 Networks by 0.3% in the first quarter. First Bank & Trust now owns 1,630 shares of the network technology company’s stock valued at $232,000 after buying an additional 5 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in F5 Networks by 0.4% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 2,071 shares of the network technology company’s stock valued at $295,000 after buying an additional 9 shares in the last quarter. Winslow Evans & Crocker Inc. raised its stake in F5 Networks by 0.6% in the first quarter. Winslow Evans & Crocker Inc. now owns 2,418 shares of the network technology company’s stock valued at $345,000 after buying an additional 14 shares in the last quarter. Contravisory Investment Management Inc. raised its stake in F5 Networks by 0.8% in the second quarter. Contravisory Investment Management Inc. now owns 1,846 shares of the network technology company’s stock valued at $235,000 after buying an additional 14 shares in the last quarter. Finally, Concert Wealth Management Inc. raised its stake in F5 Networks by 0.8% in the first quarter. Concert Wealth Management Inc. now owns 1,867 shares of the network technology company’s stock valued at $267,000 after buying an additional 15 shares in the last quarter. 96.92% of the stock is owned by institutional investors.

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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Earnings History and Estimates for F5 Networks (NASDAQ:FFIV)

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