Alert: New Earnings Report (4/29/24)-F5 Inc (NASDAQ: FFIV).

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F5 Inc (NASDAQ: FFIV) has reported earnings for its second fiscal quarter (ending March 31) of $2.02 versus $1.35 for the same period a year ago — an increase of 50%. Relative to the consensus estimate of $3.26, this was a shortfall of $-1.24. For the latest four quarters through March 31, E.P.S. were $8.42 versus $5.43 for the same period a year ago — an increase of 55%.

Recent Price Action

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F5 Inc (NASDAQ: FFIV) stock rose slightly by 0.1% on 4/29/24. The stock closed at $182.13. Moreover, this advance was accompanied by exceptionally high trading volume at 252% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.7% 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 has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. F5 has a slightly negative Appreciation Score of 35 but a good Power Rating of 75, with the Neutral Value Trend Rating the result.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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