FY2027 Earnings Forecast for F5 Issued By William Blair

F5, Inc. (NASDAQ:FFIV - Free Report) - Research analysts at William Blair issued their FY2027 earnings estimates for shares of F5 in a research report issued on Wednesday, January 29th. William Blair analyst J. Ader anticipates that the network technology company will post earnings of $12.46 per share for the year. The consensus estimate for F5's current full-year earnings is $11.15 per share.

Several other analysts have also issued reports on the company. StockNews.com upgraded F5 from a "buy" rating to a "strong-buy" rating in a report on Tuesday, October 29th. JPMorgan Chase & Co. lifted their price target on F5 from $225.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, October 29th. Barclays increased their price objective on F5 from $246.00 to $296.00 and gave the stock an "equal weight" rating in a report on Wednesday, January 29th. Bank of America lifted their target price on shares of F5 from $180.00 to $260.00 and gave the company an "underperform" rating in a research note on Friday. Finally, Morgan Stanley boosted their price target on F5 from $262.00 to $310.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $295.00.

F5 Stock Performance

Shares of FFIV stock traded up $4.13 during trading on Friday, hitting $299.32. 593,378 shares of the company were exchanged, compared to its average volume of 658,812. The business's 50-day simple moving average is $261.18 and its 200 day simple moving average is $229.38. The firm has a market capitalization of $17.36 billion, a price-to-earnings ratio of 29.75, a P/E/G ratio of 3.97 and a beta of 1.06. F5 has a twelve month low of $159.01 and a twelve month high of $308.00.

F5 announced that its board has authorized a share buyback program on Monday, October 28th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the network technology company to purchase up to 7.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Insider Activity

In other news, Director Alan Higginson sold 825 shares of the company's stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $239.77, for a total value of $197,810.25. Following the sale, the director now owns 9,882 shares of the company's stock, valued at approximately $2,369,407.14. This represents a 7.71 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Marianne Budnik sold 728 shares of F5 stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $304.45, for a total transaction of $221,639.60. Following the transaction, the director now directly owns 1,770 shares of the company's stock, valued at $538,876.50. This represents a 29.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is owned by company insiders.

Hedge Funds Weigh In On F5

Several institutional investors have recently bought and sold shares of the business. Northwest Investment Counselors LLC acquired a new position in F5 during the 3rd quarter worth about $28,000. Kathleen S. Wright Associates Inc. acquired a new stake in shares of F5 in the third quarter valued at approximately $32,000. Friedenthal Financial bought a new position in F5 in the 4th quarter worth approximately $50,000. Brown Financial Advisors bought a new position in F5 in the 2nd quarter valued at $66,000. Finally, Venturi Wealth Management LLC increased its stake in shares of F5 by 79.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 320 shares of the network technology company's stock valued at $70,000 after buying an additional 142 shares during the period. Institutional investors own 90.66% of the company's stock.

About F5

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.