F5 Networks (FFIV) Scheduled to Post Quarterly Earnings on Wednesday
F5 Networks (NASDAQ:FFIV) is set to release its earnings data on Wednesday, January 22nd. F5 Networks has set its Q1 guidance at $1.17-1.20 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
F5 Networks (NASDAQ:FFIV) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.19 by $0.07. The company had revenue of $395.30 million for the quarter, compared to the consensus estimate of $384.64 million. During the same quarter in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. On average, analysts expect F5 Networks to post $5.10 EPS for the current fiscal year and $5.85 EPS for the next fiscal year.
Shares of F5 Networks (NASDAQ:FFIV) opened at 96.92 on Tuesday. F5 Networks has a 1-year low of $67.53 and a 1-year high of $107.99. The stock’s 50-day moving average is $87.46 and its 200-day moving average is $85.76. The company has a market cap of $7.522 billion and a price-to-earnings ratio of 27.93.
Several analysts have recently commented on the stock. Analysts at William Blair upgraded shares of F5 Networks from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, January 13th. They now have a $93.69 price target on the stock, up previously from $40.00. On the ratings front, analysts at Citigroup Inc. initiated coverage on shares of F5 Networks in a research note to investors on Tuesday, December 10th. They set a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of F5 Networks from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, November 22nd. They now have a $83.90 price target on the stock. Fourteen analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $105.68.
F5 Networks, Inc is a provider of Application Delivery Networking (NASDAQ:FFIV) technology that secures and optimizes the delivery of network-based applications and the security, performance and availability of servers, and other network resources.
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