Highly ranked networking company F5 had its Relative Strength (RS) Rating upgraded from 69 to 74 Wednesday — a welcome improvement. F5 was a pioneer in enabling different types of networks to work together so that a company could make use of them all. It counts many of the Big Tech companies among its customers and partners, including Amazon.com, Microsoft and Google-parent Alphabet.
F5 Stock Rating Shows Strong Fundamentals
The 74 RS Rating shows that F5 stock has outperformed 74% of all stocks for price appreciation this past year. The Seattle-based company also has a strong 87 Earnings Per Share Rating out of 99. It carries a 79 Composite Rating and a B Accumulation/Distribution Rating, as big mutual funds and ETFs buy more shares than sell. A best-possible A SMR Rating (sales + profit margins + return on equity) reflects strong fundamentals.
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Watchlist candidate F5 stock dropped to a 2023 low 127.05 on April 20 and then began rising on strong quarterly earnings. On July 25 it shot up nearly 6% on a better-than-expected earnings report including a 25% rise in EPS. It closed Wednesday at 158.91, down fractionally for the day. It's not currently showing a potential buy point. See if the stock goes on to form a sound pattern that could launch a new move.
Earnings grew 25% last quarter to $3.21 per share, up from 19% growth the prior quarter. Revenue grew just 4% to $702.6 million, after rising 11% the prior quarter.
Tops In Network Solutions Group
F5 stock holds the No. 1 rank among its peers in the 16-stock Internet-Networking Solutions industry group. Credo Tech Group, which provides high-speed connectivity solutions, and China-based GDS are also among the group's highest-rated stocks.
When you're researching the best stocks to buy and watch, relative price strength is an important factor to consider.
The unique IBD Relative Strength Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
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