F5 (NASDAQ:FFIV – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 14.040-14.310 for the period, compared to the consensus EPS estimate of 14.180. The company issued revenue guidance of $2.9 billion-$3.0 billion, compared to the consensus revenue estimate of $2.9 billion. F5 also updated its FY25 guidance to $14.04-$14.31 EPS.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on FFIV shares. Morgan Stanley boosted their price objective on F5 from $215.00 to $230.00 and gave the company an “equal weight” rating in a report on Tuesday. Barclays boosted their target price on shares of F5 from $214.00 to $246.00 and gave the company an “equal weight” rating in a research note on Tuesday. Piper Sandler raised their price target on shares of F5 from $186.00 to $246.00 and gave the stock a “neutral” rating in a research note on Tuesday. The Goldman Sachs Group lifted their price objective on shares of F5 from $212.00 to $241.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. boosted their price target on F5 from $225.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday. Seven analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $233.56.
View Our Latest Report on FFIV
F5 Trading Down 0.8 %
F5 (NASDAQ:FFIV – Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The network technology company reported $3.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.45 by $0.22. The company had revenue of $747.00 million during the quarter, compared to analyst estimates of $730.43 million. F5 had a net margin of 19.94% and a return on equity of 21.03%. F5’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $2.76 EPS. On average, equities analysts predict that F5 will post 10.17 EPS for the current fiscal year.
F5 announced that its board has approved a stock buyback program on Monday, October 28th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the network technology company to reacquire up to 7.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.
Insider Transactions at F5
In related news, CFO Francis J. Pelzer sold 500 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $196.73, for a total value of $98,365.00. Following the completion of the transaction, the chief financial officer now directly owns 31,125 shares in the company, valued at $6,123,221.25. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Francis J. Pelzer sold 600 shares of the firm’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $217.67, for a total transaction of $130,602.00. Following the completion of the sale, the chief financial officer now directly owns 29,825 shares in the company, valued at approximately $6,492,007.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Francis J. Pelzer sold 500 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $196.73, for a total transaction of $98,365.00. Following the completion of the transaction, the chief financial officer now owns 31,125 shares in the company, valued at $6,123,221.25. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,551 shares of company stock valued at $1,334,698 in the last 90 days. 0.58% of the stock is currently owned by company insiders.
About F5
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.
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