Arista Networks, Inc. provides cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of its extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was founded in 2004 and is headquartered in Santa Clara, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:ANET
CUSIPN/A
Phone408-547-5500
Debt
Debt-to-Equity Ratio0.02
Current Ratio3.17
Quick Ratio2.87
Price-To-Earnings
Trailing P/E Ratio57.34
Forward P/E Ratio42.64
P/E Growth1.97
Sales & Book Value
Annual Sales$1.65 billion
Price / Sales12.46
Cash Flow$5.4250 per share
Price / Cash50.54
Book Value$22.74 per share
Price / Book12.06
Profitability
EPS (Most Recent Fiscal Year)$4.65
Net Income$423.20 million
Net Margins28.07%
Return on Equity28.51%
Return on Assets18.92%
Miscellaneous
Employees1,800
Outstanding Shares74,820,000
Market Cap$20.15 billion
Arista Networks (NYSE:ANET) Frequently Asked Questions
What is Arista Networks' stock symbol?
Arista Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANET."
How were Arista Networks' earnings last quarter?
Arista Networks Inc (NYSE:ANET) released its quarterly earnings data on Thursday, August, 2nd. The technology company reported $1.93 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.50 by $0.43. The technology company earned $519.85 million during the quarter, compared to analyst estimates of $509.62 million. Arista Networks had a return on equity of 28.51% and a net margin of 28.07%. The business's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.34 EPS. View Arista Networks' Earnings History.
When is Arista Networks' next earnings date?
What price target have analysts set for ANET?
30 brokers have issued 1-year target prices for Arista Networks' stock. Their predictions range from $180.00 to $350.00. On average, they anticipate Arista Networks' share price to reach $282.7308 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Arista Networks.
What is the consensus analysts' recommendation for Arista Networks?
30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 1 sell rating, 13 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arista Networks.
Are investors shorting Arista Networks?
Arista Networks saw a increase in short interest in August. As of August 31st, there was short interest totalling 3,531,678 shares, an increase of 54.6% from the August 15th total of 2,284,723 shares. Based on an average daily trading volume, of 1,970,768 shares, the short-interest ratio is presently 1.8 days. Currently, 6.9% of the shares of the stock are short sold. View Arista Networks' Current Options Chain.
Who are some of Arista Networks' key competitors?
Some companies that are related to Arista Networks include HP (HPQ), Hewlett Packard Enterprise (HPE), Toshiba (TOSYY), F5 Networks (FFIV), Juniper Networks (JNPR), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Xplore Technologies (XPLR), Echelon (ELON) and Intrusion (INTZ).
Who are Arista Networks' key executives?
Arista Networks' management team includes the folowing people:
- Dr. Andreas B. Bechtolsheim, Co-Founder, Chairman & Chief Devel. Officer (Age 62)
- Ms. Jayshree Ullal, Pres, CEO & Director (Age 57)
- Ms. Ita M. Brennan, CFO & Sr. VP (Age 51)
- Mr. Anshul Sadana, Chief Customer Officer (Age 41)
- Mr. John F. McCool, Chief Platform Officer & Sr. VP of Engineering Operations (Age 58)
Who are Arista Networks' major shareholders?
Arista Networks' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.77%), FMR LLC (3.72%), Renaissance Technologies LLC (1.46%), First Trust Advisors LP (1.35%), Macquarie Group Ltd. (0.70%) and Gilder Gagnon Howe & Co. LLC (0.67%). Company insiders that own Arista Networks stock include Andreas Bechtolsheim, Ann Mather, Anshul Sadana, Daniel Scheinman, Ita M Brennan, Jayshree Ullal, John F Mccool, Kenneth Duda, Marc Taxay, Mark Stephen Smith and Nikos Theodosopoulos. View Institutional Ownership Trends for Arista Networks.
Which major investors are selling Arista Networks stock?
ANET stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of New York Mellon Corp, FMR LLC, Wells Fargo & Company MN, Canada Pension Plan Investment Board, Bank of America Corp DE, Acadian Asset Management LLC and Columbus Circle Investors. Company insiders that have sold Arista Networks company stock in the last year include Andreas Bechtolsheim, Ann Mather, Anshul Sadana, Ita M Brennan, Jayshree Ullal, John F Mccool, Kenneth Duda, Marc Taxay and Nikos Theodosopoulos. View Insider Buying and Selling for Arista Networks.
Which major investors are buying Arista Networks stock?
ANET stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Sumitomo Mitsui Asset Management Company LTD, Janus Henderson Group PLC, BlackRock Inc., Ardevora Asset Management LLP, Cornerstone Wealth Management LLC, First Trust Advisors LP and NorthCoast Asset Management LLC. View Insider Buying and Selling for Arista Networks.
How do I buy shares of Arista Networks?
Shares of ANET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Arista Networks' stock price today?
One share of ANET stock can currently be purchased for approximately $274.09.
How big of a company is Arista Networks?
Arista Networks has a market capitalization of $20.15 billion and generates $1.65 billion in revenue each year. The technology company earns $423.20 million in net income (profit) each year or $4.65 on an earnings per share basis. Arista Networks employs 1,800 workers across the globe.
What is Arista Networks' official website?
How can I contact Arista Networks?
Arista Networks' mailing address is 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA, 95054. The technology company can be reached via phone at 408-547-5500 or via email at [email protected]
MarketBeat Community Rating for Arista Networks (NYSE ANET)
MarketBeat's community ratings are surveys of what our community members think about Arista Networks and other stocks. Vote "Outperform" if you believe ANET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ANET will underperform the S&P 500 over the long term. You may vote once every thirty days.
