Morningstar - F5 Networks Inc. (FFIV) F5 Appoints New CEO; We Like His Credentials, but We Wait for Strategic Vision; Shares Overvalued

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Morningstar

Ilya Kundozerov

EUR 103.64 For Business Accounts Only

F5 Appoints New CEO; We Like His Credentials, but We Wait for Strategic Vision; Shares Overvalued

On Jan. 30, 2017, F5 Networks announced the appointment of Francois Locoh-Donou as its new CEO, effective April 3. The long-standing CEO, John McAdam, will remain on F5â€™s board of directors. McAdam announced his desire to retire some time ago, and we are glad to see the CEO search come to a conclusion. Moreover, we view the appointment of Locoh-Donou as a positive development for F5. Locoh-Donou holds a Bachelor of Science and a Master of Science in physics and engineering, a Master of Science i...

31/01/2017 13 EN

Underlying

F5 Networks Inc.

F5 Networks is a provider of multi-cloud application services, which enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud. The company's application services are available as cloud-based, software-as-a-service, and software-only solutions supported for multi-cloud environments. In connection with its solutions, the company provides a range of services, including consulting, training, installation, maintenance, and other technical support services. The company's products and solutions include hardware platforms, software and software-as-a-service platforms, cloud-based managed services, and service provider solutions.

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US3156161024 NASDAQ Stock Market United States

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Ilya Kundozerov

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F5 Appoints New CEO; We Like His Credentials, but We Wait for Strategic Vision; Shares Overvalued

F5 sees a downgrade to Slightly Negative on account of less fundamental stars

Valens Equity Insights and Inflections - 2021 10 19

FFIV - Embedded Expectations Analysis - 2021 10 15

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Sasol Provides Full-Year Production Update

Sasol Provides Full-Year Production Update

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