About Arista Networks (NYSE:ANET)
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
Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:ANET
CUSIPN/A
Phone408-547-5500
Debt
Debt-to-Equity Ratio0.02
Current Ratio5.20
Quick Ratio4.61
Price-To-Earnings
Trailing P/E Ratio61.64
Forward P/E Ratio45.28
P/E Growth2.14
Sales & Book Value
Annual Sales$1.65 billion
Price / Sales12.95
Cash Flow$5.3285 per share
Price / Cash53.79
Book Value$22.74 per share
Price / Book12.60
Profitability
EPS (Most Recent Fiscal Year)$4.65
Net Income$423.20 million
Net Margins27.19%
Return on Equity27.23%
Return on Assets18.31%
Miscellaneous
Employees1,800
Outstanding Shares74,390,000
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 earnings results on Thursday, May, 3rd. The technology company reported $1.52 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.32 by $0.20. The technology company had revenue of $472.49 million for the quarter, compared to analyst estimates of $462.11 million. Arista Networks had a net margin of 27.19% and a return on equity of 27.23%. View Arista Networks' Earnings History.
When is Arista Networks' next earnings date?
What price target have analysts set for ANET?
32 analysts have issued 1 year price objectives for Arista Networks' stock. Their forecasts range from $168.00 to $330.00. On average, they anticipate Arista Networks' stock price to reach $263.1429 in the next twelve months. View Analyst Ratings for Arista Networks.
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), Black Box (BBOX), Xplore Technologies (XPLR) and BIO-key International (BKYI).
Who are Arista Networks' key executives?
Arista Networks' management team includes the folowing people:
- Dr. Andreas B. Bechtolsheim Ph.D., Co-Founder, Chairman & Chief Devel. Officer (Age 62)
- Ms. Jayshree Ullal, Pres, CEO & Director (Age 57)
- Ms. Ita M. Brennan, CFO, Sr. VP & Principal Accounting Officer (Age 51)
- Mr. Marc Taxay, Sr. VP & Gen. Counsel (Age 49)
- Mr. Anshul Sadana, Chief Customer Officer (Age 41)
Has Arista Networks been receiving favorable news coverage?
News articles about ANET stock have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Arista Networks earned a media sentiment score of 0.18 on Accern's scale. They also gave news coverage about the technology company an impact score of 45.75 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Arista Networks' major shareholders?
Arista Networks' stock is owned by a number of of institutional and retail investors. Top institutional investors include Summit Trail Advisors LLC (11.65%), BlackRock Inc. (3.58%), JPMorgan Chase & Co. (1.88%), Allianz Asset Management GmbH (0.98%), First Republic Investment Management Inc. (0.52%) and Northern Trust Corp (0.42%). 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 institutional investors are selling Arista Networks stock?
ANET stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Millennium Management LLC, State of Wisconsin Investment Board, Sei Investments Co., Victory Capital Management Inc., UBS Group AG, Amundi Pioneer Asset Management Inc. and TCW Group Inc.. 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 institutional investors are buying Arista Networks stock?
ANET stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, First Republic Investment Management Inc., JPMorgan Chase & Co., Carillon Tower Advisers Inc., Allianz Asset Management GmbH, Scout Investments Inc., BlackRock Inc. and Lord Abbett & CO. 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 $286.62.
How big of a company is Arista Networks?
Arista Networks has a market capitalization of $21.32 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.
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 (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.
