NYSE:ANET - Arista Networks Stock Price, News, & Analysis

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$309.80 +8.57 (+2.85 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$301.23
Today's Range$305.56 - $314.2776
52-Week Range$187.08 - $316.67
Volume958,870 shs
Average Volume884,753 shs
Market Capitalization$23.46 billion
P/E Ratio43.82
Dividend YieldN/A
Beta1.5
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.

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Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone408-547-5500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.15 billion
Cash Flow$8.1505 per share
Book Value$28.42 per share

Profitability

Net Income$328.11 million

Miscellaneous

Employees2,300
Market Cap$23.46 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

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) posted its quarterly earnings results on Thursday, February, 14th. The technology company reported $2.25 EPS for the quarter, beating the consensus estimate of $1.80 by $0.45. The technology company earned $595.70 million during the quarter, compared to analysts' expectations of $591.41 million. Arista Networks had a return on equity of 29.37% and a net margin of 29.47%. The firm's revenue was up 27.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.71 EPS. View Arista Networks' Earnings History.

When is Arista Networks' next earnings date?

Arista Networks is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Arista Networks.

What guidance has Arista Networks issued on next quarter's earnings?

Arista Networks issued an update on its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $588-598 million, compared to the consensus revenue estimate of $589.67 million.

What price target have analysts set for ANET?

25 Wall Street analysts have issued 12-month target prices for Arista Networks' shares. Their forecasts range from $225.00 to $360.00. On average, they anticipate Arista Networks' share price to reach $298.6667 in the next year. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Arista Networks.

What is the consensus analysts' recommendation for Arista Networks?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 1 sell rating, 6 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arista Networks.

Has Arista Networks been receiving favorable news coverage?

Media coverage about ANET stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Arista Networks earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of Arista Networks' key competitors?

What other stocks do shareholders of Arista Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arista Networks investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Paypal (PYPL), Adobe (ADBE), Shopify (SHOP), Activision Blizzard (ATVI), Mastercard (MA) and Square (SQ).

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 63)
  • Ms. Jayshree V. Ullal, Pres, CEO & Director (Age 58)
  • Ms. Ita M. Brennan, CFO & Sr. VP (Age 52)
  • Mr. Anshul Sadana, Chief Customer Officer (Age 42)
  • Mr. John F. McCool, Chief Platform Officer & Sr. VP of Engineering Operations (Age 59)

Who are Arista Networks' major shareholders?

Arista Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.88%), FMR LLC (2.07%), Eaton Vance Management (1.22%), First Trust Advisors LP (1.12%), Geode Capital Management LLC (0.90%) and Macquarie Group Ltd. (0.84%). 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, Manuel Felix Rivelo, Marc Taxay 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 FMR LLC, First Trust Advisors LP, Bank of New York Mellon Corp, NorthCoast Asset Management LLC, Macquarie Group Ltd., Strs Ohio, Castleark Management LLC and Korea Investment CORP. 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, Manuel Felix Rivelo, Marc Taxay and Nikos Theodosopoulos. View Insider Buying and Selling for Arista Networks.

Which major investors are buying Arista Networks stock?

ANET stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Polar Capital LLP, Millennium Management LLC, Scout Investments Inc., Two Sigma Investments LP, Eaton Vance Management, Thrivent Financial for Lutherans and American Century Companies Inc.. 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 $309.80.

How big of a company is Arista Networks?

Arista Networks has a market capitalization of $23.46 billion and generates $2.15 billion in revenue each year. The technology company earns $328.11 million in net income (profit) each year or $7.07 on an earnings per share basis. Arista Networks employs 2,300 workers across the globe.

What is Arista Networks' official website?

The official website for Arista Networks is http://www.arista.com.

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)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  1,055 (Vote Outperform)
Underperform Votes:  544 (Vote Underperform)
Total Votes:  1,599
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.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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