Research Analysts Issue Forecasts for F5 FY2027 Earnings

F5, Inc. (NASDAQ:FFIV) – Research analysts at William Blair issued their FY2027 earnings per share (EPS) estimates for F5 in a research report issued on Wednesday, January 29th. William Blair analyst J. Ader anticipates that the network technology company will earn $12.46 per share for the year. The consensus estimate for F5’s current full-year earnings is $11.01 per share.

Several other equities analysts have also recently commented on the stock. Piper Sandler boosted their target price on shares of F5 from $246.00 to $304.00 and gave the company a “neutral” rating in a research report on Wednesday. Barclays boosted their price objective on shares of F5 from $246.00 to $296.00 and gave the company an “equal weight” rating in a research report on Wednesday. Royal Bank of Canada raised their target price on F5 from $260.00 to $310.00 and gave the company a “sector perform” rating in a report on Wednesday. Needham & Company LLC lifted their price target on F5 from $285.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Morgan Stanley upped their price objective on F5 from $262.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Seven equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, F5 currently has a consensus rating of “Hold” and a consensus price target of $299.38.

F5 Stock Up 0.3 %

FFIV opened at $301.48 on Friday. The stock has a market capitalization of $17.49 billion, a price-to-earnings ratio of 29.97, a P/E/G ratio of 4.06 and a beta of 1.06. F5 has a twelve month low of $159.01 and a twelve month high of $308.00. The company has a 50-day simple moving average of $259.25 and a 200 day simple moving average of $227.07.

F5 (NASDAQ:FFIV) last released its earnings results on Monday, October 28th. The network technology company reported $3.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.45 by $0.22. The company had revenue of $747.00 million for the quarter, compared to analyst estimates of $730.43 million. F5 had a return on equity of 21.34% and a net margin of 20.58%. F5’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.76 EPS.

F5 announced that its board has authorized a share buyback program on Monday, October 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the network technology company to buy up to 7.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, Director Alan Higginson sold 825 shares of F5 stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $239.77, for a total value of $197,810.25. Following the transaction, the director now directly owns 9,882 shares of the company’s stock, valued at $2,369,407.14. The trade was a 7.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.58% of the stock is currently owned by insiders.

Institutional Investors Weigh In On F5

A number of hedge funds have recently added to or reduced their stakes in FFIV. Chase Investment Counsel Corp bought a new stake in F5 in the third quarter valued at $4,726,000. JPMorgan Chase & Co. increased its stake in F5 by 24.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 409,130 shares of the network technology company’s stock valued at $90,090,000 after purchasing an additional 81,005 shares in the last quarter. New York State Common Retirement Fund lifted its stake in shares of F5 by 14.3% in the third quarter. New York State Common Retirement Fund now owns 70,536 shares of the network technology company’s stock valued at $15,532,000 after buying an additional 8,800 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of F5 by 36.3% during the fourth quarter. GAMMA Investing LLC now owns 2,144 shares of the network technology company’s stock valued at $539,000 after buying an additional 571 shares during the last quarter. Finally, Addenda Capital Inc. increased its position in shares of F5 by 43.5% during the fourth quarter. Addenda Capital Inc. now owns 50,314 shares of the network technology company’s stock worth $12,652,000 after acquiring an additional 15,240 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors.

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.