Arista Networks (ANET) Competitors

$261.86
+6.65 (+2.61%)
(As of 05/2/2024 ET)

ANET vs. HPQ, HPE, IBM, CSCO, SNPS, RELX, CDNS, APH, DELL, and PYPL

Should you be buying Arista Networks stock or one of its competitors? The main competitors of Arista Networks include HP (HPQ), Hewlett Packard Enterprise (HPE), International Business Machines (IBM), Cisco Systems (CSCO), Synopsys (SNPS), Relx (RELX), Cadence Design Systems (CDNS), Amphenol (APH), Dell Technologies (DELL), and PayPal (PYPL). These companies are all part of the "computer and technology" sector.

Arista Networks vs.

HP (NYSE:HPQ) and Arista Networks (NYSE:ANET) are both large-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, risk, community ranking, profitability, dividends, earnings and media sentiment.

HP has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, Arista Networks has a beta of 1.13, indicating that its share price is 13% more volatile than the S&P 500.

In the previous week, Arista Networks had 10 more articles in the media than HP. MarketBeat recorded 21 mentions for Arista Networks and 11 mentions for HP. HP's average media sentiment score of 0.51 beat Arista Networks' score of 0.49 indicating that Arista Networks is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HP
4 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Arista Networks
6 Very Positive mention(s)
6 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

HP currently has a consensus target price of $33.11, suggesting a potential upside of 18.51%. Arista Networks has a consensus target price of $283.38, suggesting a potential upside of 8.22%. Given Arista Networks' higher possible upside, analysts clearly believe HP is more favorable than Arista Networks.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HP
1 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67
Arista Networks
1 Sell rating(s)
2 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.79

HP received 208 more outperform votes than Arista Networks when rated by MarketBeat users. However, 74.58% of users gave Arista Networks an outperform vote while only 60.94% of users gave HP an outperform vote.

CompanyUnderperformOutperform
HPOutperform Votes
1493
60.94%
Underperform Votes
957
39.06%
Arista NetworksOutperform Votes
1285
74.58%
Underperform Votes
438
25.42%

HP has higher revenue and earnings than Arista Networks. HP is trading at a lower price-to-earnings ratio than Arista Networks, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HP$53.72B0.51$3.26B$3.428.17
Arista Networks$5.86B14.01$2.09B$6.5739.86

Arista Networks has a net margin of 35.62% compared to Arista Networks' net margin of 6.45%. HP's return on equity of 31.44% beat Arista Networks' return on equity.

Company Net Margins Return on Equity Return on Assets
HP6.45% -181.02% 9.23%
Arista Networks 35.62%31.44%22.54%

77.5% of HP shares are held by institutional investors. Comparatively, 82.5% of Arista Networks shares are held by institutional investors. 0.4% of HP shares are held by insiders. Comparatively, 19.0% of Arista Networks shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Arista Networks beats HP on 14 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ANET and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ANET vs. The Competition

MetricArista NetworksComputer & office equipment IndustryComputer SectorNYSE Exchange
Market Cap$82.12B$26.81B$19.62B$17.37B
Dividend YieldN/A3.13%2.73%3.58%
P/E Ratio39.8617.15258.0125.27
Price / Sales14.014.71536.2310.31
Price / Cash40.3713.4027.9117.44
Price / Book11.293.486.544.91
Net Income$2.09B$1.62B$635.81M$964.63M
7 Day Performance-1.03%-1.42%1.44%1.06%
1 Month Performance-10.02%-5.58%-1.53%-2.23%
1 Year Performance94.00%-7.29%16.83%98.15%

Arista Networks Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HPQ
HP
4.6831 of 5 stars
$28.09
-0.6%
$33.11
+17.9%
-7.4%$27.55B$53.72B8.2158,000
HPE
Hewlett Packard Enterprise
4.5564 of 5 stars
$17.00
-1.0%
$17.91
+5.3%
+13.9%$22.10B$29.14B11.7262,000Options Volume
IBM
International Business Machines
4.5644 of 5 stars
$166.19
-0.7%
$184.08
+10.8%
+30.4%$152.35B$61.86B18.82305,300Earnings Report
Dividend Increase
Analyst Downgrade
Analyst Revision
CSCO
Cisco Systems
4.7242 of 5 stars
$46.98
-1.7%
$55.53
+18.2%
-1.1%$190.23B$57.00B14.2884,900Short Interest ↑
SNPS
Synopsys
4.637 of 5 stars
$530.59
-2.6%
$601.00
+13.3%
+40.5%$80.91B$5.84B58.4420,300
RELX
Relx
1.013 of 5 stars
$41.19
-0.9%
N/A+24.5%$77.42B$9.91B24.6636,500
CDNS
Cadence Design Systems
4.8564 of 5 stars
$275.63
-2.4%
$326.11
+18.3%
+30.3%$75.01B$4.09B71.7811,200Analyst Downgrade
Short Interest ↓
APH
Amphenol
4.592 of 5 stars
$120.77
-1.1%
$118.83
-1.6%
+56.1%$72.65B$12.55B36.9395,000Dividend Announcement
Buyback Announcement
Short Interest ↑
DELL
Dell Technologies
4.6448 of 5 stars
$124.64
-2.4%
$104.63
-16.1%
+171.0%$88.97B$88.43B28.52120,000Short Interest ↑
PYPL
PayPal
4.3277 of 5 stars
$67.92
+1.4%
$70.72
+4.1%
-11.9%$71.50B$29.77B17.6927,200Earnings Report
Analyst Report
High Trading Volume

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This page (NYSE:ANET) was last updated on 5/2/2024 by MarketBeat.com Staff

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