F5 (NASDAQ:FFIV) Issues FY25 Earnings Guidance

by · The Cerbat Gem

F5 (NASDAQ:FFIV – Get Free Report) issued an update on its FY25 earnings guidance on Monday morning. The company provided EPS guidance of $14.04-$14.31 for the period, compared to the consensus EPS estimate of $14.13. The company issued revenue guidance of $2.93-$2.96 billion, compared to the consensus revenue estimate of $2.91 billion. F5 also updated its Q1 guidance to $3.29-$3.41 EPS.

F5 Price Performance

F5 stock traded up $1.49 during midday trading on Monday, hitting $218.36. The company’s stock had a trading volume of 1,338,275 shares, compared to its average volume of 519,693. F5 has a 1-year low of $148.10 and a 1-year high of $224.47. The company has a 50-day moving average price of $211.29 and a two-hundred day moving average price of $188.41. The company has a market cap of $12.73 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 2.54 and a beta of 1.06.

F5 (NASDAQ:FFIV – Get Free Report) last issued its quarterly earnings data on Monday, July 29th. The network technology company reported $3.36 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.39. F5 had a net margin of 19.94% and a return on equity of 21.03%. The business had revenue of $695.50 million during the quarter, compared to analysts’ expectations of $686.06 million. During the same quarter in the previous year, the company earned $2.46 EPS. The business’s revenue was down 1.0% on a year-over-year basis. Sell-side analysts forecast that F5 will post 10.17 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on FFIV shares. Piper Sandler lifted their price objective on shares of F5 from $167.00 to $186.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 30th. Needham & Company LLC lifted their price objective on shares of F5 from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, July 30th. Evercore ISI raised their target price on shares of F5 from $180.00 to $210.00 and gave the company an “in-line” rating in a report on Tuesday, July 30th. Barclays raised their target price on shares of F5 from $189.00 to $214.00 and gave the company an “equal weight” rating in a report on Tuesday, July 30th. Finally, StockNews.com lowered shares of F5 from a “strong-buy” rating to a “buy” rating in a report on Tuesday, September 10th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, F5 has an average rating of “Hold” and an average price target of $210.13.

View Our Latest Research Report on FFIV

Insider Activity at F5

In related news, Director Alan Higginson sold 1,000 shares of F5 stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $201.65, for a total transaction of $201,650.00. Following the sale, the director now directly owns 10,707 shares of the company’s stock, valued at approximately $2,159,066.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other F5 news, Director Alan Higginson sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $201.65, for a total transaction of $201,650.00. Following the sale, the director now directly owns 10,707 shares of the company’s stock, valued at $2,159,066.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Francis J. Pelzer sold 500 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $196.73, for a total transaction of $98,365.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,971 shares of company stock valued at $1,618,357. 0.58% of the stock is owned by insiders.

About F5

(Get Free Report)

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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