F5 Networks Inc. (FFIV): Today's Featured Computer Software & Services Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
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(
) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 0.4%. By the end of trading, F5 Networks fell $2.22 (-2.3%) to $93.32 on heavy volume. Throughout the day, three million shares of F5 Networks exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $93.02-$97.94 after having opened the day at $97.94 as compared to the previous trading day's close of $95.54. Other companies within the Computer Software & Services industry that declined today were:
Kingtone Wirelessinfo Solution
(
), down 15.3%,
(
), down 13.5%,
(
), down 11.8%, and
(
), down 11.3%.
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F5 Networks, Inc. provides application delivery networking technology that optimizes the delivery of network-based applications, and the security, performance, and availability of servers, data storage devices, and other network resources in the Americas, EMEA, Japan, and the Asia Pacific. F5 Networks has a market cap of $7.58 billion and is part of the technology sector. The company has a P/E ratio of 28, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 10% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate F5 Networks a buy, no analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates F5 Networks as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full F5 Ratings Report.
On the positive front,
(
), up 16.9%,
(
), up 9.6%,
(
), up 7.3%, and
(
), up 5.7%, were all gainers within the computer software & services industry with
(
) being today's featured computer software & services industry leader.
- Use our computer software & services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider
iShares S&P NA Tech Software Idx
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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