Street Analysts Take Aim at F5 Networks, Inc. (NASDAQ:FFIV)

Sell-side Wall Street brokerages have given a target price of $137.812 on shares of F5 Networks, Inc. (NASDAQ:FFIV). In total, there are 16 sell-side firms taken into consideration in order to arrive at the consensus, which is a short-term projection.  Wall Street analysts have in-depth knowledge and access to senior management within a firm and few outsiders know a company better.  

Using technical analysis, analysts and traders may use previous support and resistance levels to help determine a realistic target. Price target estimates may vary drastically from analyst to analyst. The highest current target price estimate provided by analysts polled by Zacks Research stands at $164. The lowest target price estimate from these same analysts is $110. Zacks research also provides calculated recommendations from sell-side analysts that cover the stock. These recommendations fall within a simplified scale provided by Zacks Research. Using information provided from various analysts, Zacks Research lists shares of F5 Networks, Inc. with an ABR of 2.55. This number is based on a recommendation scale where the ratings range from a 1 to a 5. Following this scale, a 1 would indicate a Strong Buy while a 5 would indicate a Strong Sell.

We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is widely considered to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $1.53. For the period ending 2016-09-30, F5 Networks, Inc. reported actual EPS of $1.69. This number was $0.15 away from analyst predictions, providing a surprise factor of 9.74%. The company is expected to next release earnings on or around 2017-01-25.

Investors are constantly attempting to find the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task. Many sharp investors will attack the equity markets from many different angles. This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.

Of course, there is no easy answer to solving the tough question of how to best approach the stock market, especially when dealing with a turbulent investing climate. There are many different schools of thought when it comes to trading equities. Investors may have to first asses their appetite for risk in order to form a solid platform on which to construct a legitimate strategy. Does one run with the bulls and roar with the bears? Do they go against the grain and form a contrarian investing plan? The abundance of information with relatively easy access has made the road a bit smoother to walk for novice investors. Making the transition to the next level is where the champions are able to separate themselves from the pretenders. 

COMMENTS