F5 Networks (FFIV) Stock Rating Reiterated by Piper Jaffray; The $121.0 Target Indicates 4.99% Potential; CBS Has 0.8 Sentiment

October 12, 2017 - By Marie Mckinney

Among 35 analysts covering F5 Networks Inc. (NASDAQ:FFIV), 7 have Buy rating, 1 Sell and 27 Hold. Therefore 20% are positive. F5 Networks Inc. has $16000 highest and $90.0 lowest target. $120.42’s average target is 4.49% above currents $115.25 stock price. F5 Networks Inc. had 86 analyst reports since July 24, 2015 according to SRatingsIntel. Goldman Sachs maintained F5 Networks, Inc. (NASDAQ:FFIV) rating on Thursday, April 21. Goldman Sachs has “Neutral” rating and $119 target. As per Monday, August 3, the company rating was downgraded by Buckingham Research. The stock of F5 Networks, Inc. (NASDAQ:FFIV) earned “Neutral” rating by PiperJaffray on Friday, July 14. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Hold” rating given on Thursday, July 27 by Oppenheimer. As per Thursday, April 21, the company rating was maintained by Deutsche Bank. Oppenheimer upgraded F5 Networks, Inc. (NASDAQ:FFIV) on Wednesday, September 14 to “Outperform” rating. The company was downgraded on Wednesday, December 9 by Nomura. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Neutral” rating given on Thursday, January 21 by Citigroup. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 3. The firm earned “Buy” rating on Friday, October 9 by Drexel Hamilton.

CBS Corporation is a mass media company. The company has market cap of $22.89 billion. The Firm operates through four segment: Entertainment, Cable Networks, Publishing, Local Media. It has a 15.89 P/E ratio. The Entertainment segment comprises the CBS TV Network; CBS TV Studios; CBS Studios International and CBS TV Distribution; CBS Interactive; CBS Films; and the Company’s digital streaming services, CBS All Access and CBSN.

About 274,558 shares traded. CBS Corporation (CBS) has risen 18.35% since October 12, 2016 and is uptrending. It has outperformed by 1.65% the S&P500.

Chieftain Capital Management Inc. holds 13.1% of its portfolio in CBS Corporation for 2.93 million shares. Gruss Capital Management Lp owns 2.43 million shares or 12.52% of their US portfolio. Moreover, Simcoe Capital Management Llc has 11.69% invested in the company for 421,420 shares. The New York-based Tanaka Capital Management Inc has invested 6.57% in the stock. Ksa Capital Management Llc, a New Jersey-based fund reported 17,500 shares.

Ratings analysis reveals 75% of CBS’s analysts are positive. Out of 8 Wall Street analysts rating CBS, 6 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $57.0 while the high is $78.0. The stock’s average target of $68.67 is 21.24% above today’s ($56.64) share price. CBS was included in 8 notes of analysts from September 6, 2016. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Tuesday, September 6 by Drexel Hamilton. The stock has “Buy” rating by Needham on Tuesday, January 24. Pivotal Research downgraded it to “Hold” rating and $67.0 target in Thursday, January 12 report. Wunderlich initiated the stock with “Buy” rating in Friday, October 21 report. Telsey Advisory downgraded the shares of CBS in report on Thursday, September 22 to “Market Perform” rating. As per Tuesday, October 4, the company rating was upgraded by UBS. The stock has “Overweight” rating by Atlantic Securities on Monday, February 6. RBC Capital Markets maintained the shares of CBS in report on Thursday, February 16 with “Outperform” rating.

Analysts await CBS Corporation (NYSE:CBS) to report earnings on November, 2. They expect $1.14 earnings per share, up 8.57% or $0.09 from last year’s $1.05 per share. CBS’s profit will be $460.71 million for 12.42 P/E if the $1.14 EPS becomes a reality. After $1.04 actual earnings per share reported by CBS Corporation for the previous quarter, Wall Street now forecasts 9.62% EPS growth.

F5 Networks, Inc. is a developer and well-known provider of software defined application services. The company has market cap of $7.32 billion. The Firm is engaged in the development, marketing and sale of application delivery networking products that optimize the security, performance and availability of network applications, servers and storage systems. It has a 19.15 P/E ratio. The Company’s geographical divisions include the Americas ; Europe, the Middle East, and Africa (EMEA); Japan, and the Asia Pacific region (APAC).

Since May 1, 2017, it had 0 insider purchases, and 6 sales for $3.54 million activity. Reinland Andrew had sold 6,235 shares worth $794,368. Rogers Scot Frazier had sold 2,402 shares worth $306,949 on Monday, May 1. EAMES EDWARD JULIAN had sold 4,645 shares worth $593,442 on Monday, May 1. Kearny Ryan C. sold $108,248 worth of stock or 846 shares. Shares for $1.30M were sold by MCADAM JOHN on Wednesday, May 10. On Monday, May 1 DiLullo John D sold $436,461 worth of F5 Networks, Inc. (NASDAQ:FFIV) or 3,420 shares.

About 29,565 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has risen 21.28% since October 12, 2016 and is uptrending. It has outperformed by 4.58% the S&P500.

Investors sentiment increased to 0.99 in Q2 2017. Its up 0.05, from 0.94 in 2017Q1. It is positive, as 50 investors sold F5 Networks, Inc. shares while 170 reduced holdings. 65 funds opened positions while 152 raised stakes. 60.48 million shares or 0.48% less from 60.77 million shares in 2017Q1 were reported. Icon Advisers Incorporated has invested 0.06% in F5 Networks, Inc. (NASDAQ:FFIV). Moreover, Wells Fargo Mn has 0.01% invested in F5 Networks, Inc. (NASDAQ:FFIV) for 346,779 shares. Amer Capital Mgmt Incorporated has invested 0.24% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV). Virtus Advisers Inc holds 0.01% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV) for 807 shares. Hutchin Hill Ltd Partnership has 0.26% invested in F5 Networks, Inc. (NASDAQ:FFIV). Macquarie Gp stated it has 0% in F5 Networks, Inc. (NASDAQ:FFIV). Exxonmobil Invest Mngmt Tx holds 0.04% in F5 Networks, Inc. (NASDAQ:FFIV) or 12,423 shares. State Treasurer State Of Michigan has 21,272 shares for 0.02% of their portfolio. Banque Pictet & Cie Sa has 0.14% invested in F5 Networks, Inc. (NASDAQ:FFIV). Wms Ptnrs Lc reported 0.92% stake. Aberdeen Asset Public Limited Com Uk owns 114,501 shares or 0.05% of their US portfolio. Sector Pension Board invested in 0.01% or 7,159 shares. 266,996 were reported by Lsv Asset. Fdx Advsrs Inc holds 0.01% or 3,324 shares. Los Angeles Capital Management Equity Rech reported 0.34% stake.

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