the key for this to move higher will the Q114 results TBA in January. If that shows the hardware growth levels returning then this stock moves to $100+.
What's magical about that number?
This #$%$ should be trading @185.
My guess is that FFIV traded as high as $140
in the not too distant past.
I'm hoping for $110-@120, not $85.
fter F5 Networks' stock dropped 15% this year and generated lackluster returns in recent weeks despite September quarter results that Cantor views as quite strong, the firm thinks the company's product cycle has bottomed and is prepared to accelerate. The firm expects the company's product sales to grow by at least 10% in Q2 of FY14, and it keeps a $110 price target and Buy rating on the shares.
Stock compensation is a standard part of compensation packages within tech companies. That will happen whether or not there is a buyback program. So while a buyback might only offset stock option/RSU grants - it is still better (in terms of dilution) than doing no buyback or a smaller buyback.
The problem with buybacks is that the company then issues big bonus's in stock so you are right where you started. "Buyback" sounds good but usually doesn't do anything!
the king of buybacks was BBRY. Research in motion.
Not millions, but several billion.
Net result, company going out of business.
Growth companies should stick to their
knitting. Investing in growth
why do I think DECK's last earnings report had much to do
with its sharp appreciation. Not the buyback.
Buybacks, a waste of resources.
Don't tell Deckers Outdoor management(DECK)that buybacks don't work. They work very well if the company is undervalued, they don't work well if overvalued......very simple.
Welp...seems to be working today, anyway.
While a stock buyback will not counter weak financials - holding everything else constant - it is anti-dilutive. Which is undeniably - a good thing for shareholders and the stock price.
If this doesn't stop this downturn - this seems to be cratering under 80.
There was too much stimulus over the last month for the price to be this close to 80.00. If the buyback doesn't get it over 82/83 it is going down to 77 for sure.
Yeah the earnings weren't that great and the guidance was poor. Revenue growth basically only came from their consulting business, which is much lower margin. so the company said margins are expected to be much lower next quarter. A lack of top line growth from the other business segments also just looks bad and doesn't say anything good about their products.