F5 Networks (FFIV) Receives Coverage Optimism Rating of 0.21

News coverage about F5 Networks (NASDAQ:FFIV) has trended somewhat positive on Saturday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. F5 Networks earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned press coverage about the network technology company an impact score of 46.5709915721941 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

How to Become a New Pot Stock Millionaire

NASDAQ:FFIV traded up $2.00 during trading hours on Friday, reaching $144.61. The company had a trading volume of 521,671 shares, compared to its average volume of 659,249. F5 Networks has a one year low of $114.63 and a one year high of $153.91. The stock has a market capitalization of $8,943.32, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 2.18 and a beta of 1.01.

F5 Networks (NASDAQ:FFIV) last announced its quarterly earnings results on Wednesday, January 24th. The network technology company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.21. F5 Networks had a return on equity of 35.98% and a net margin of 19.79%. The firm had revenue of $523.20 million for the quarter, compared to analysts’ expectations of $521.07 million. During the same period in the prior year, the business posted $1.98 earnings per share. The business’s revenue was up 1.4% compared to the same quarter last year. equities research analysts forecast that F5 Networks will post 7.32 earnings per share for the current fiscal year.

A number of research analysts have recently commented on FFIV shares. Zacks Investment Research upgraded F5 Networks from a “sell” rating to a “hold” rating in a report on Monday, December 11th. BMO Capital Markets upgraded F5 Networks from a “market perform” rating to an “outperform” rating and set a $122.00 price target for the company in a report on Thursday, January 4th. Bank of America upgraded F5 Networks from a “neutral” rating to a “buy” rating and set a $157.00 price target for the company in a report on Friday, January 5th. Deutsche Bank reiterated a “sell” rating on shares of F5 Networks in a report on Friday, January 5th. Finally, Piper Jaffray restated a “neutral” rating and issued a $146.00 target price on shares of F5 Networks in a research note on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. F5 Networks presently has an average rating of “Hold” and an average target price of $140.55.

In other news, Director Alan Higginson sold 2,000 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $144.51, for a total transaction of $289,020.00. Following the sale, the director now owns 11,310 shares in the company, valued at $1,634,408.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Scot Frazier Rogers sold 2,738 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $144.83, for a total value of $396,544.54. Following the sale, the executive vice president now owns 9,072 shares in the company, valued at approximately $1,313,897.76. The disclosure for this sale can be found here. Insiders sold 50,172 shares of company stock worth $7,274,542 over the last quarter. Company insiders own 0.26% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “F5 Networks (FFIV) Receives Coverage Optimism Rating of 0.21” was originally reported by BBNS and is the sole property of of BBNS. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://baseballnewssource.com/2018/03/31/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-f5-networks-ffiv-share-price/1983949.html.

About F5 Networks

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.

Insider Buying and Selling by Quarter for F5 Networks (NASDAQ:FFIV)

Receive News & Ratings for F5 Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 Networks and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Red Sox Tie Record for Best Start After 17 Games
Red Sox Tie Record for Best Start After 17 Games
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Xander Bogaerts Goes on Red Sox DL
Xander Bogaerts Goes on Red Sox DL


Leave a Reply

 
© 2006-2018 BBNS.