BMO Capital Raises Price Target on F5 Networks (FFIV) to $125 Following 3Q Beat

MKM Partners Raises Price Target on F5 Networks (FFIV) to $133 Following 3Q

MKM Partners reiterated a Neutral rating on F5 Networks (NASDAQ: FFIV), and raised the price target to $133.00 (from $118.00), following the company's 3Q report and conference call. Management directed September quarter revenues/EPS to $515mn-$525mn/$1.92-$1.95, compared to consensus at $518mn/$1.92.

Analyst Michael Genovese... More

Drexel Hamilton Raises Price Target on F5 Networks (FFIV) Following Solid 3Q

Drexel Hamilton reiterated a Buy rating on F5 Networks (NASDAQ: FFIV), and raised the price target to $155.00 (from $145.00), following the company's 3Q earnings report. F5 reported 3Q revenue of $496.5 million, in-line with the Street's estimate at $495.6 million. Pro forma EPS of $1.81 beat the Street's $1.79... More

Credit Suisse Downgrades F5 Networks (FFIV) to Neutral

Credit Suisse downgraded F5 Networks (NASDAQ: FFIV) from Outperform to Neutral with a price target of $125.00 following Q3 results.

Analyst Sami Badri commented, "F5 reported revenue of $496.5mn (+2.7% y/y), above CS/consensus estimates of $495.7mn/ $495.3mn, respectively. Earnings per share of $1.81 topped CS... More

After-Hours Stock Movers 07/20: (URI) (EBAY) (QCOM) Higher; (SCSS) (BDC) (INTC) Lower (more...)

Today's After-Hours Movers

Select Comfort Corp (NASDAQ: SCSS) 10.6% LOWER; reported Q2 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $277 million versus the consensus estimate of $283.55 million. The company reiterates its outlook for 2016 earnings per diluted share of $1.25 to $1.45.

United Rentals (NYSE: URI) 8.8% HIGHER; reported Q2 EPS of $2.06, $0.24 better than the analyst estimate of $1.82. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.4 billion.

eBay (NASDAQ:... More

F5 Networks (FFIV) Appoints Ben Gibson CMO

F5 Networks (NASDAQ: FFIV) announced the addition of Ben Gibson... More

F5 Networks (FFIV) Tops Q3 EPS by 2c; Guides In-Line

F5 Networks (NASDAQ: FFIV) reported Q3 EPS of $1.81, $0.02 better than the analyst estimate of $1.79. Revenue for the quarter came in at $496.5 million versus the consensus estimate of $495.29 million.

GUIDANCE:

F5 Networks sees Q4 2016 EPS of $1.92-$1.95, versus the consensus of $1.92. F5 Networks sees Q4 2016 revenue of $515-525 million, versus the consensus of $516.7 million.

During the third quarter, F5 delivered solid revenue growth and strong earnings despite a relatively challenging spending environment, said John McAdam, F5 President and Chief Executive Officer.... More

Trading Radar for 7/20: Intel (INTC), Morgan Stanley (MS), Qualcomm (QCOM), AmEx (AXP), Halliburton (HAL), F5 Networks (FFIV) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

ASML Holdings (Nasdaq: ASML) - consensus EPS $0.87
Abbott (NYSE: ABT) - consensus EPS $0.53
Amphenol (NYSE: APH) - consensus EPS $0.63
Asanko Gold, Inc. (NYSE: AKG) - consensus EPS $0.00
BankUnited (NYSE: BKU) - consensus EPS $0.51
Canadian Pacific Railway (NYSE: CP) -... More

F5 Networks (FFIV) Gains Mid-Day on Reports of PE Interest

(Updated - July 19, 2016 11:13 AM EDT)

F5 Networks (NASDAQ: FFIV) gains mid-day on reports of PE interest.

According to the New York Post, private equity firm Thoma Bravo has taken a "strong interest" in the company.

In June, Reuters reported F5 hired Goldman Sachs to explore options.

Shares are up 2%.

F5 Networks (FFIV) weekly volatility elevated into Q2 and outlook

F5 Networks (NASDAQ: FFIV) July weekly call option implied volatility is at 81, August is at 54; compared to its 52-week range of 23 to 45 into the expected release of Q2 on July 20.