F5 Networks (FFIV) Receives Media Impact Score of 0.09
News stories about F5 Networks (NASDAQ:FFIV) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 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 news impact score of 0.09 on Accern’s scale. Accern also gave news articles about the network technology company an impact score of 67 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Trillium Asset Management, LLC Bought A Little More F5 Networks, Inc. (FFIV) Stock In The Last Quarter – First News 24 (firstnewspaper24.com)
- F5 Networks, Inc. :FFIV-US: Earnings Analysis: Q3, 2017 By the Numbers : August 3, 2017 (finance.yahoo.com)
- F5 Networks, Inc. (FFIV) Holdings Increased by First Trust Advisors Lp – First News 24 (firstnewspaper24.com)
- NetOps and DevOps Want More Collaboration in a Multi-Cloud World (finance.yahoo.com)
- Q1 2018 Earnings Forecast for F5 Networks, Inc. Issued By William Blair (FFIV) (americanbankingnews.com)
Several analysts have commented on FFIV shares. Zacks Investment Research cut F5 Networks from a “hold” rating to a “sell” rating in a report on Monday. Piper Jaffray Companies cut F5 Networks from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $144.00 to $136.00 in a report on Friday, July 14th. Credit Suisse Group set a $138.00 price objective on F5 Networks and gave the company a “hold” rating in a research note on Thursday, April 20th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $132.00 price objective on shares of F5 Networks in a research note on Monday, May 29th. Finally, Morgan Stanley reduced their price objective on F5 Networks from $136.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Friday, April 28th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $132.00.
Shares of F5 Networks (NASDAQ:FFIV) traded up 0.46% during midday trading on Thursday, hitting $119.63. The stock had a trading volume of 889,609 shares. The firm has a 50-day moving average of $127.32 and a 200 day moving average of $134.68. The firm has a market cap of $7.60 billion, a PE ratio of 20.45 and a beta of 1.16. F5 Networks has a 12-month low of $114.45 and a 12-month high of $149.50.
F5 Networks (NASDAQ:FFIV) last released its earnings results on Wednesday, July 26th. The network technology company reported $2.03 earnings per share for the quarter, hitting the consensus estimate of $2.03. The firm had revenue of $517.80 million during 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 quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.81 earnings per share. On average, analysts expect that F5 Networks will post $8.17 earnings per share for the current year.
In other F5 Networks news, Director John Mcadam sold 10,000 shares of the stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $130.17, for a total transaction of $1,301,700.00. Following the completion of the sale, the director now directly owns 66,953 shares in the company, valued at approximately $8,715,272.01. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.26% of the company’s stock.
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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