F5 Can Deliver 10%+ EPS Growth On Expanding Margins Despite Macro Woes: Analyst
Portfolio Pulse from Nabaparna Bhattacharya
Needham analyst Alex Henderson reiterated a Buy rating on F5, Inc (NASDAQ:FFIV), raising the price target to $180 from $175. Despite macro pressures, F5 is expanding GM and Operating Margins, and EPS is expected to grow at or near double-digits in the foreseeable future. The company has a strong balance sheet with $11.55/share in cash, nearly $1 billion in authorized share repurchases, and superb cash flow generation.
July 25, 2023 | 7:15 pm
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F5, Inc's EPS is expected to grow at or near double-digits in the foreseeable future despite macro pressures. The company has a strong balance sheet and is expected to deliver 10%+ EPS growth on expanding margins.
The analyst's positive outlook on F5, Inc, including the raised price target and the expectation of double-digit EPS growth, is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100