F5 Networks Company Profile (NASDAQ:FFIV)

F5 Networks trades on the NASDAQ under the ticker symbol "FFIV."

F5 Networks, Inc. (NASDAQ:FFIV) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $2.03 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' 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 company's revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.81 EPS. View F5 Networks' Earnings History.

F5 Networks is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for F5 Networks.

F5 Networks issued an update on its fourth quarter earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $2.20-2.23 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.23. The company issued revenue guidance of $530-540 million, compared to the consensus revenue estimate of $551.46 million.

19 brokerages have issued 12-month target prices for F5 Networks' shares. Their forecasts range from $100.00 to $160.00. On average, they expect F5 Networks' share price to reach $128.67 in the next year. View Analyst Ratings for F5 Networks.

Here are some recent quotes from research analysts about F5 Networks stock:

• 1. According to Zacks Investment Research, "F5 Networks provides products and services to manage Internet traffic worldwide. Shares of the company has underperformed the broader market over the past one year. A volatile spending atmosphereand competition from peers remain concerns. Cisco Systems represents the greatest competitive threat to F5 Networks, given the dominance of the former in the overall networking market. Moreover, F5 Networks continues to acquire a large number of companies. While this improves revenue opportunities, business mix and profitability, it also adds to integration risks. Nonetheless, the company’s GBB pricing strategy and its BIG-IQ platform remain tailwinds. Moreover, these initiatives are expected to expand the company’s total addressable market and result in client wins." (7/31/2017)
• 2. Oppenheimer Holdings, Inc. analysts commented, "Coupling this with persistent macro (EMEA), challenges leave us in search of fundamental catalysts to drive F5's shares higher through earnings upside or multiple expansion," Oppenheimer said. That said, the firm sees the downside being limited by aggressive share repurchases, potential dividends, and Operating expenditure controls/ management.The firm revised its estimates, to reflect the second quarter results and the guidance.Trio Of Concerns: Product Growth, Leverage, Lack Of Catalysts Wells Fargo analyst Jess Lubert attributed his downgrade to his view that product growth is unlikely to accelerate anytime soon, expecting it to decline over the next three quarters. While stating that F5 Network's stock performance is highly correlated to the trend in its product growth, the analyst said stock performance wouldn't improve if product growth fails to kick off.Additionally, Lubert believes the company might leverage its balance sheet to fund M&A, adding risk to the model.Thirdly, the analyst sees a lack of catalysts required to reaccelerate growth or rerate the company's shares."if F5's customers increasingly shift assets to the public cloud or purchase SaaS rather than on premise software offerings, we think there is likely less of a need for F5's application delivery services, which may impact company growth over the next few years," (7/27/2017)
• 3. Drexel Hamilton analysts commented, "We believe F5 will exceed our 3Q:FY17 revenue estimate of $521.5 million and match the consensus (Street is at $525.6 million), while beating our EPS projection of $2.01 and meeting the Street’s $2.03 projection. Our 3Q:FY17 sales forecast represents less than 1% QoQ growth and well below the five- year average of up 4%, representing the weakest June quarter since 3Q:FY02." (7/21/2017)
• 4. Robert W. Baird analysts commented, "We see the stock as fairly valued around current levels. FQ2 results. FQ2 revenue/non-GAAP EPS of $518 million/$1.95 was at the low end of the company’s guided range and below consensus of $523 million/$1.97. Gross margin for FQ2 was down 40bps QoQ and roughly flat YoY ." (4/27/2017)

Some companies that are related to F5 Networks include CGI Group (GIB), Palo Alto Networks (PANW), Total System Services (TSS), Gartner (IT), VeriSign (VRSN), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), Jack Henry & Associates (JKHY), GoDaddy (GDDY), Fortinet (FTNT), Black Knight Financial Services (BKFS), LogMein (LOGM), Booz Allen Hamilton Holding Corporation (BAH), CSRA (CSRA), Aspen Technology (AZPN), Medidata Solutions (MDSO) and NCR Corporation (NCR).

F5 Networks' management team includes the folowing people:

• Francois Locoh-Donou, President, Chief Executive Officer, Director
• Andrew Reinland, Chief Financial Officer, Executive Vice President
• Edward J. Eames, Executive Vice President and Chief Operations Officer
• Ryan C. Kearny, Executive Vice President - Product Development, Chief Technology Officer
• Benjamin Gibson, Executive Vice President, Chief Marketing Officer
• Scot Rogers, Executive Vice President and General Counsel
• John D. DiLullo, Executive Vice President - Worldwide Sales
• Alan J. Higginson, Non-Executive Independent Chairman of the Board
• John McAdam, Director
• A. Gary Ames, Independent Director

F5 Networks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.10%), BlackRock Inc. (6.71%), State Street Corp (4.73%), Harding Loevner LP (2.94%), Renaissance Technologies LLC (2.74%) and Epoch Investment Partners Inc. (2.28%). Company insiders that own F5 Networks stock include Alan Higginson, Andrew Reinland, Benjamin Gibson, Deborah L Bevier, Edward Julian Eames, Francois Locoh-Donou, John D Dilullo, John Mcadam, Jonathan Chadwick, Karl D Triebes, Manuel Felix Rivelo, Ryan C Kearny and Scot Frazier Rogers. View Institutional Ownership Trends for F5 Networks.

F5 Networks' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Swedbank, NN Investment Partners Holdings N.V., State Street Corp, Nationwide Fund Advisors, KBC Group NV, BlackRock Inc. and Prudential Financial Inc.. Company insiders that have sold F5 Networks stock in the last year include Alan Higginson, Andrew Reinland, Benjamin Gibson, Edward Julian Eames, Francois Locoh-Donou, John D Dilullo, John Mcadam, Jonathan Chadwick, Ryan C Kearny and Scot Frazier Rogers. View Insider Buying and Selling for F5 Networks.

F5 Networks' stock was purchased by a variety of institutional investors in the last quarter, including Koch Industries Inc., Janus Henderson Group PLC, FMR LLC, Balyasny Asset Management LLC, Ameriprise Financial Inc., Old Mutual Global Investors UK Ltd., Capital Fund Management S.A. and Great West Life Assurance Co. Can. View Insider Buying and Selling for F5 Networks.

Shares of F5 Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of F5 Networks stock can currently be purchased for approximately $116.83.