F5 (NASDAQ:FFIV – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 14.040-14.310 for the period, compared to the consensus 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 brokerages recently weighed in on FFIV. StockNews.com upgraded shares of F5 from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Needham & Company LLC increased their target price on F5 from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. upped their price target on shares of F5 from $225.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday. Piper Sandler raised their price objective on shares of F5 from $186.00 to $246.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Royal Bank of Canada upped their target price on shares of F5 from $205.00 to $240.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Seven investment 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 MarketBeat.com, the company has an average rating of “Hold” and an average price target of $233.56.
Read Our Latest Analysis on F5
F5 Price Performance
F5 (NASDAQ:FFIV – Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The network technology company reported $3.67 EPS for the quarter, beating the consensus estimate of $3.45 by $0.22. The business had revenue of $747.00 million during the quarter, compared to the consensus estimate of $730.43 million. F5 had a net margin of 19.94% and a return on equity of 21.03%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.76 earnings per share. On average, sell-side analysts forecast that F5 will post 10.17 EPS for the current fiscal year.
F5 announced that its Board of Directors has approved a stock buyback plan 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 purchase up to 7.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.
Insider Transactions at F5
In related news, EVP Thomas Dean Fountain sold 851 shares of the company’s stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $192.71, for a total transaction of $163,996.21. Following the sale, the executive vice president now owns 16,000 shares in the company, valued at $3,083,360. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Francois Locoh-Donou sold 1,450 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $188.35, for a total value of $273,107.50. Following the completion of the sale, the chief executive officer now owns 124,022 shares in the company, valued at $23,359,543.70. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Thomas Dean Fountain sold 851 shares of F5 stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $192.71, for a total transaction of $163,996.21. Following the transaction, the executive vice president now directly owns 16,000 shares in the company, valued at approximately $3,083,360. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,551 shares of company stock worth $1,334,698. Company insiders own 0.58% of the company’s stock.
F5 Company Profile
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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