F5 Networks Inc. (FFIV): Today's Featured Computer Software & Services Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

F5 Networks ( FFIV) 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 up 0.2%. By the end of trading, F5 Networks fell $1.74 (-1.9%) to $87.49 on light volume. Throughout the day, 1,273,244 shares of F5 Networks exchanged hands as compared to its average daily volume of 1,782,100 shares. The stock ranged in price between $87.46-$89.72 after having opened the day at $89.30 as compared to the previous trading day's close of $89.23. Other companies within the Computer Software & Services industry that declined today were: DTS ( DTSI), down 12.7%, Edgewater Technology ( EDGW), down 6.7%, GSE Systems ( GVP), down 6.0% and Astea International ( ATEA), down 5.9%.

F5 Networks, Inc. provides application delivery networking technology that secures and optimizes the delivery of network-based applications, and the security, performance, and availability of servers and other network resources. F5 Networks has a market cap of $7.2 billion and is part of the technology sector. Shares are down 4.8% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate F5 Networks a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates F5 Networks as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and premium valuation.

On the positive front, Mattersight ( MATR), up 16.9%, Helios and Matheson Analytics ( HMNY), up 14.2%, China Information Technology ( CNIT), up 13.3% and Liquid Holdings Group ( LIQD), up 9.7% , were all gainers within the computer software & services industry with Electronic Arts ( EA) being today's featured computer software & services industry leader.

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 ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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