The price of F5 Inc (NASDAQ:FFIV) shares last traded on Wall Street rose 0.03% to $263.95.
FFIV stock price is now 4.76% away from the 50-day moving average and 28.18% away from the 200-day moving average. The market capitalization of the company currently stands at $15.47B.
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With the price target enhanced from $200 to $220, Needham maintained Buy rating for F5 Inc (NASDAQ: FFIV). On October 26, 2023, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock reducing its target price from $165 to quote $160, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, KARA LYNN SPRAGUE, Officer bought 55,840 shares of the company’s stock on Dec 12 ’24. The stock was bought for $14,630,685 at an average price of $262.01. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 05 ’24, Officer FRANK PELZER bought 8,500 shares of the business’s stock. A total of $2,176,852 was incurred on buying the stock at an average price of $256.10. A total of 0.79% of the company’s stock is owned by insiders.
During the past 12 months, F5 Inc has had a low of $159.01 and a high of $266.06. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 1.39, and a quick ratio of 1.34. According to the stock market information, the enterprise value for the company is $14475094016, which is based on a 27.63 price-to-earnings ratio, a 4.11 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for FFIV is $251.9506 and a two-hundred day moving average price translates $205.9245 for the stock.
The latest earnings results from F5 Inc (NASDAQ: FFIV) was released for 2024-09-30. The net profit margin was 20.13% and return on equity was 19.12% for FFIV. The company reported revenue of $746.67 million for the quarter, compared to $706.97 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.62 percent. For the current quarter, analysts expect FFIV to generate $716.48M in revenue.
