F5 Networks Inc. (NASDAQ:FFIV) Relative Strength Index (RSI) is 36.64, with weekly volatility at 3.39% and ATR at 4.56. The FFIV stock’s 52-week price range has touched low of $79.78 and a $156.36 high. Intraday shares traded counted 0.83 million, which was 4.93% higher than its 30-day average trading volume of 872.41K. Its shares traded lower over the last trading session, losing -1.99% on 07/30/20. The shares fell to a low of $134.645 before closing at $135.00. FFIV’s previous close was $137.74 while the outstanding shares total 60.87M. The firm has a beta of 1.10, a 12-month trailing P/E ratio of 24.05, and a growth ratio of 7.29.
Investors have identified the Software – Infrastructure company F5 Networks Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $8.35 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
F5 Networks Inc. (FFIV) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For FFIV, the company has in raw cash 572.89 million on their books with 19.27 million currently as liabilities. How the trend is over time is what investors should be concerned about. In terms of their assets, the company currently has 1408731000 million total, with 1252006000 million as their total liabilities.
FFIV were able to record 290.36 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by -22.89 million. In cash movements, the company had a total of 325.82 million as operating cash flow.
Potential earnings growth for F5 Networks Inc. (FFIV)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, F5 Networks Inc. recorded a total of 583.45 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 6.61% coming in sequential stages and their sales for the third quarter increasing by 2.42%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 101.24 million trying to sell their products during the last quarter, with the result yielding a gross income of 482.21 million. This allows shareholders to hold on to 60.87M with the revenue now reading 1.01 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (1.37 cents a share).
Having a look at the company’s valuation, the company is expected to record 8.24 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FFIV sounds very interesting.
Is the stock of FFIV attractive?
In related news, President, CEO & Director, Locoh-Donou Francois sold 1,050 shares of the company’s stock in a transaction that recorded on Jul 20. The sale was performed at an average price of 150.40, for a total value of 157,920. As the sale deal closes, the President, CEO & Director, Locoh-Donou Francois now sold 250 shares of the company’s stock, valued at 36,550. Also, President, CEO & Director, Locoh-Donou Francois sold 250 shares of the company’s stock in a deal that was recorded on Jun 16. The shares were price at an average price of 144.64 per share, with a total market value of 36,160. Following this completion of acquisition, the President, CEO & Director, Locoh-Donou Francois now holds 250 shares of the company’s stock, valued at 35,378. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
8 out of 20 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on F5 Networks Inc.. 0 analysts has assigned a Sell rating on the FFIV stock. The 12-month mean consensus price target for the company’s shares has been set at $154.86.