|Bid||121.53 x 800|
|Ask||133.21 x 800|
|Day's Range||130.68 - 133.43|
|52 Week Range||121.19 - 173.44|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||20.40|
|Earnings Date||Apr 21, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||150.50|
F5 Networks (NASDAQ: FFIV) today announced the availability of its 2020 State of Application Services report. This year’s survey showed that many organizations are starting to realize the benefits of increased scale and velocity of application deployment in their businesses. This value, however, can bring significant complexity as organizations maintain legacy infrastructure while increasingly relying on multiple public and private clouds, implement modern application architectures, and face an evolving and sophisticated threat landscape.
F5 Networks (NASDAQ: FFIV) announced today that on February 3, 2020, the company issued a total of 411,624 restricted stock units ("RSUs") to 235 employees who joined F5 in connection with the company’s acquisition of Shape Security, a leader in online fraud and abuse prevention. 16,425 of the 411,624 RSUs went to Mr. Derek Smith who serves as the SVP, General Manager of Shape Security at F5. The company’s acquisition of Shape Security was completed on January 24, 2020. The RSUs were granted as inducements to employment in accordance with NASDAQ Listing Rule 5635(c)(4). The RSUs vest 25 percent on February 1, 2021, and the remaining 75 percent will vest in equal quarterly installments over the following three-year period thereafter, subject to the employee’s continued service relationship with the company. The grants will be subject to the terms and conditions of the F5 Networks, Inc. Shape Acquisition Equity Incentive Plan.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Thursday was another small victory for the broader market, but not for all stocks. Some casualties of this quarter's earnings season continue to look sickly. Moreover, a select crop of Nasdaq earnings misses are well-positioned for healthy bearish gains despite the onset of another bullish virus on Wall Street. Let me explain.Wall Street has continued to move past the still-growing coronavirus. It now is focusing increasingly on this quarter's parade of earnings reports, now out in full force. Moreover, confessionals from names such as Apple (NASDAQ:AAPL), Tesla (NASDAQ:TSLA) and Amazon (NASDAQ:AMZN) have allowed bullish investors to sow their oats once more.Don't be fooled though. There have been a number of high-profile misses and disappointments that have come under hard selling pressure too. Facebook (NASDAQ:FB) and United Parcel Service (NYSE:UPS) are two market titans which have been ignominiously welcomed into this camp.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for February Contrarians It's within this latter grouping where price charts are still setting up for larger losses. Here, the object of our attention is significantly reduced upside risk. And with the belief that U.S. markets are treading on thin ice in more than one way, these earnings misses should be on your radar for shorting too. Earnings Misses to Short: eBay (EBAY)Source: Chart by TradingVieweBay (NASDAQ:EBAY) is the first of our earnings misses readying for a short in your portfolio. The online auction marketplace topped Street profit forecasts but delivered in-line revenues for its fourth quarter. It also issued a warning for the company's first quarter. The report's aftermath dealt EBAY stock a blow of 4.5%. But the worst may still be on the horizon.Investors are fearful eBay is showing cracks in its one-time dominant business model. This fear has pushed shares into a challenge of a neckline within a bearish head-and-shoulders topping pattern. With the right shoulder forming under the larger base's 50% retracement level, credibility is lent to the view this earnings miss has seen its best days.I'd recommend shorting EBAY stock here below $34 as the neckline is broken. A stop-loss above $37 -- which would break the right shoulder -- makes sense. A conservative measured move should fill last January's bullish gap and challenge $29-$30. But don't exit too quickly. The stock will likely revisit December 2018's low of $25.62 in 2020. Starbucks (SBUX)Source: Chart by TradingViewStarbucks (NASDAQ:SBUX) is the next of our earnings misses to position bearishly in. After announcing store closures in China -- the result of the coronavirus -- the coffee giant was already showing some wear. Inevitably, this announcement led to fear. And management's warning of materially lower earnings in 2020 did nothing but compound those fears.On the price chart, this earnings miss has now broken key trend-line support on a closing monthly basis. Shares are set up in a bearish hangman pattern. As the formation also establishes a lower-high pattern, the expectation is SBUX stock's piping hot 2018-2019 rally is ready to turn decidedly chilly for investors. * 7 Under-the-Radar European Stocks to Buy for 2020 Starbucks shares are in position to be shorted as early as next week once the low of the January candlestick is broken. I'd use a stop-loss of $95. This strategy only exits the bearish bet on a failure of the lower-high topping pattern. However, size the position accordingly. On the downside, look for a larger correction to challenge this earning miss's prior congestion pattern and a key Fibonacci cluster of price support from roughly $61-$66. F5 Networks (FFIV)Source: Chart by TradingViewF5 Networks (NASDAQ:FFIV) is the last of our earnings misses to trade from the short side. The network optimization outfit beat Street forecasts for its first quarter. But shares were rejected by investors after the company offered a weak, below-views profit forecast of $2.14 to $2.17 against estimates of $2.42 per share.In the report's immediate aftermath FFIV stock tumbled 5.1%. This looks to be just the beginning of a more bearish corrective phase. With the earnings reaction, shares of F5 Networks have narrowly broken uptrend support following a weak rally attempt off the price line this past fall. Combined with a bearish stochastics crossover just above oversold levels, this earnings miss looks ready for another corrective leg lower.FFIV stock is ready to short today as shares close the month beneath uptrend support. But rather than stomach pattern exposure of more than 20% tied to the October high in shares, I'd suggest reducing position risk using a bear put spread such as the April $120/$110 put vertical up to $1.75.Investment accounts under Christopher Tyler's management do not currently own positions in any of the securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for February Contrarians * 10 of the Top Franchise Stocks to Buy Now * 5 High-Yield Stocks With High Free Cash Flow Yields The post 3 Nasdaq Earnings Misses to Short Today appeared first on InvestorPlace.
F5 (FFIV) delivered earnings and revenue surprises of 4.94% and 0.56%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
F5 Networks (NASDAQ: FFIV) today introduced NGINX Controller 3.0, a cloud-native application delivery solution to help organizations increase business agility, mitigate risk, and enhance their customers’ digital experiences. Built to unleash productivity and efficiency, the 3.x series offers the first multi-cloud, self-service platform that removes the friction between DevOps, NetOps, SecOps, and app developers.
F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal first quarter ended December 31, 2019.
F5 Networks, the Seattle provider of network-optimization software, reported first-quarter adjusted earnings that beat analysts' estimates but offered a second-quarter profit outlook that lagged expectations.
F5 Networks (NASDAQ: FFIV) announced today that it has completed the acquisition of Shape Security, a leader in online fraud and abuse prevention, adding protection from automated attacks, botnets, and targeted fraud to F5’s world-class portfolio of application services. On December 19, 2019, F5 announced that it had entered into an agreement to acquire Shape.
Growth in software solution is likely to have driven F5 Networks' (FFIV) first-quarter fiscal 2020 results. However, seasonal contraction in margins is expected to have been an overhang.
F5 (FFIV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. But if...
F5 Networks, Inc. (NASDAQ: FFIV) today announced it will report its first quarter fiscal year 2020 financial results on Monday, January 27, 2020 following the market close. In conjunction with the announcement, F5 will host a live conference call and webcast to review the quarter’s results beginning at 4:30 p.m. ET.
Link light rail service will have less frequent and more crowded service through March 15 while construction is underway to connect Seattle's system to the new Eastside line.
While F5 will continue selling Shape products independently, the company plans to integrate its artificial intelligence and machine learning analytics cloud across its own technology and Nginx products.
Invesco and KKR are the new owners of three large commercial real estate properties leased by Amazon, F5 Networks and Microsoft. New York-based KKR on Monday said it paid over $1.2 billion for the Summit campus in Bellevue and F5 Tower in Seattle.
F5 Networks' $1 billion acquisition of Shape Security, a cloud security vender, could mean improved long-term prospects with some near-term risks. Shares of F5 Networks have fallen 3.2% since the deal, which was financed through cash on hand plus $400 million in investment, was announced on Dec. 19. Shape Security provides fraud defense to banks, airlines, retailers and other organizations, and the acquisition opens up a $4 billion market opportunity as well as "an easy sell to its existing customer base," wrote CFRA Research Analyst Keith Snyder in a note on Tuesday.
The integration of Shape Security will complement F5 Networks' (FFIV) cloud security capabilities with its fraud and abuse prevention features.