FFIV Stock Summary and Trading Ideas (F5 | NASDAQ:FFIV)

F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.

F5 trades on the NASDAQ stock market under the symbol FFIV.

As of May 13, 2024, FFIV stock price declined to $171.40 with 438,104 million shares trading.

FFIV has a beta of 0.89, meaning it tends to be less sensitive to market movements. FFIV has a correlation of 0.27 to the broad based SPY ETF.

FFIV has a market cap of $10.05 billion. This is considered a Large Cap stock.

Last quarter F5 reported $681 million in Revenue and $2.91 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.05.

In the last 3 years, FFIV stock traded as high as $249.00 and as low as $127.05.

The top ETF exchange traded funds that FFIV belongs to (by Net Assets): VTI, VB, VOO, VBR, CIBR.

FFIV has underperformed the market in the last year with a price return of +26.7% while the SPY ETF gained +27.8%. FFIV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.2% and -5.8%, respectively, while the SPY returned +4.3% and +2.5%, respectively.

FFIV support price is $169.06 and resistance is $174.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FFIV stock will trade within this expected range on the day.