F5 Networks Inc (NASDAQ: FFIV) has reported earnings for its third fiscal quarter (ending June 30) of $1.15 versus $1.43 for the same period a year ago — a decline of -20%. Relative to the consensus estimate of $2.03, this was a shortfall of $-0.88. For the latest four quarters through June 30, E.P.S. were $5.35 compared to $7.75 a year ago — a decline of -31%.
Recent Price Action
On 7/27/20, F5 Networks Inc (NASDAQ: FFIV) stock declined modestly by -0.7%, closing at $151.24. Moreover, unusually high trading volume at 172% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 1.2% during the last week.
Current PriceTarget Research Rating
FFIV is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
F5 Networks has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. F5 Networks has a neutral Appreciation Score of 51 but a good Power Rating of 74, and the Highest Value Trend Rating results.
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.