Growing Through Challenges? – F5 Inc (FFIV)

Currently, there are 58.13M common shares owned by the public and among those 57.15M shares have been available to trade.

The company’s stock has a 5-day price change of 1.17% and 27.12% over the past three months. FFIV shares are trading 23.35% year to date (YTD), with the 12-month market performance up to 69.50% higher. It has a 12-month low price of $159.01 and touched a high of $312.76 over the same period. FFIV has an average intraday trading volume of 557.42K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.19%, 14.55%, and 43.47% respectively.

Institutional ownership of F5 Inc (NASDAQ: FFIV) shares accounts for 98.51% of the company’s 58.13M shares outstanding.

It has a market capitalization of $17.88B and a beta (3y monthly) value of 1.10. The stock’s trailing 12-month PE ratio is 30.86, while the earnings-per-share (ttm) stands at $10.05. The company has a PEG of 4.37 and a Quick Ratio of 1.41 with the debt-to-equity ratio at 0.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.59% over the week and 2.40% over the month.

Earnings per share for the fiscal year are expected to increase by 7.72%, and 7.70% over the next financial year. EPS should grow at an annualized rate of 7.07% over the next five years, compared to 6.18% over the past 5-year period.

Looking at the support for the FFIV, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on January 30, 2024, with the firm’s price target at $200-$220. BofA Securities coverage for the F5 Inc (FFIV) stock in a research note released on October 26, 2023 offered a Underperform rating with a price target of $160. Guggenheim on their part issued Neutral rating on January 24, 2023.

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