A10 Networks (NYSE:ATEN - Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.080-1.100 for the period, compared to the consensus earnings per share estimate of 1.000. The company issued revenue guidance of $337.0 million, compared to the consensus revenue estimate of $329.4 million.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on ATEN. Deutsche Bank Aktiengesellschaft initiated coverage on A10 Networks in a research report on Monday, August 31st. They issued a "hold" rating and a $28.00 price objective for the company. BWS Financial reiterated a "buy" rating and set a $45.00 target price on shares of A10 Networks in a research report on Friday, August 14th. Mizuho reduced their target price on A10 Networks from $34.00 to $30.00 and set a "neutral" rating on the stock in a report on Thursday, October 15th. BTIG Research restated a "buy" rating and issued a $37.00 price target on shares of A10 Networks in a research report on Thursday, August 6th. Finally, Weiss Ratings downgraded A10 Networks from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, September 17th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $30.38.
Get Our Latest Analysis on A10 Networks
A10 Networks Price Performance
NYSE ATEN traded up $2.08 during trading hours on Friday, reaching $24.68. The company's stock had a trading volume of 634,672 shares, compared to its average volume of 1,096,435. A10 Networks has a 52 week low of $16.52 and a 52 week high of $38.49. The stock has a market cap of $1.79 billion, a P/E ratio of 41.14 and a beta of 0.99. The firm has a fifty day simple moving average of $25.96 and a 200-day simple moving average of $26.55.
A10 Networks (NYSE:ATEN - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The communications equipment provider reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. The company had revenue of $91.55 million for the quarter, compared to analysts' expectations of $83.88 million. A10 Networks had a net margin of 13.85% and a return on equity of 23.63%. A10 Networks's revenue for the quarter was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share. On average, research analysts expect that A10 Networks will post 0.81 earnings per share for the current year.
A10 Networks Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be issued a dividend of $0.06 per share. The ex-dividend date is Monday, November 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.0%. A10 Networks's dividend payout ratio is currently 40.00%.
Insider Buying and Selling
In other news, General Counsel Robert Weber sold 14,086 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $27.86, for a total transaction of $392,435.96. Following the transaction, the general counsel directly owned 50,586 shares of the company's stock, valued at $1,409,325.96. This represents a 21.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana Wolf sold 2,652 shares of the firm's stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $25.65, for a total transaction of $68,023.80. Following the completion of the transaction, the director directly owned 57,409 shares in the company, valued at $1,472,540.85. This trade represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.21% of the stock is currently owned by corporate insiders.
About A10 Networks
(
Get Free Report)
A10 Networks, Inc is a cybersecurity and networking company that provides solutions designed to improve the availability, performance, and security of applications and digital services. Its offerings help organizations manage application traffic, protect networks from cyberattacks, and support secure access across data centers, private clouds, public clouds, and hybrid environments.
The company's portfolio includes application delivery controllers, distributed denial-of-service (DDoS) protection, secure application services, carrier-grade networking solutions, and centralized management and analytics tools.
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