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

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$255.94 +1.56 (+0.61 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$254.38
Today's Range$254.78 - $259.4770
52-Week Range$187.08 - $331.27
Volume865,906 shs
Average Volume1.39 million shs
Market Capitalization$19.61 billion
P/E Ratio36.20
Dividend YieldN/A
Beta1.47
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of 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$7.9906 per share
Book Value$31.33 per share

Profitability

Net Income$328.11 million

Miscellaneous

Employees2,300
Market Cap$19.61 billion
Next Earnings Date8/1/2019 (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) released its quarterly earnings data on Thursday, May, 2nd. The technology company reported $2.31 EPS for the quarter, topping analysts' consensus estimates of $2.07 by $0.24. The technology company earned $595.42 million during the quarter, compared to the consensus estimate of $595.21 million. Arista Networks had a return on equity of 29.36% and a net margin of 30.36%. The business's revenue for the quarter was up 26.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.66 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, August 1st 2019. View Earnings Estimates for Arista Networks.

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

Arista Networks updated its second quarter 2019 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $600-610 million, compared to the consensus revenue estimate of $640.05 million.

What price target have analysts set for ANET?

23 brokers have issued 1-year price objectives for Arista Networks' stock. Their predictions range from $225.00 to $385.00. On average, they expect Arista Networks' share price to reach $315.2727 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Arista Networks.

What is the consensus analysts' recommendation for Arista Networks?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 7 hold ratings and 16 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?

News headlines about ANET stock have trended positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arista Networks earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news 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 stock's share price in the near term.

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), CA (CA), Shopify (SHOP), BlackRock (BLK) and Activision Blizzard (ATVI).

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)
  • Mr. Kenneth Duda, Co-Founder, CTO & Sr. VP of Software Engineering (Age 47)
  • Ms. Ita M. Brennan, CFO & Sr. VP (Age 52)
  • Mr. Anshul Sadana, Sr. VP & COO (Age 42)

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. (4.87%), FMR LLC (2.55%), Jackson Square Partners LLC (1.63%), JPMorgan Chase & Co. (1.26%), First Trust Advisors LP (0.98%) and Geode Capital Management LLC (0.95%). 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 institutional investors are selling Arista Networks stock?

ANET stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Janus Henderson Group PLC, Jackson Square Partners LLC, Sumitomo Mitsui Asset Management Company LTD, First Trust Advisors LP, The Manufacturers Life Insurance Company , Candriam Luxembourg S.C.A. and Macquarie Group Ltd.. Company insiders that have sold Arista Networks company stock in the last year 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 Insider Buying and Selling for Arista Networks.

Which institutional investors are buying Arista Networks stock?

ANET stock was purchased by a variety of institutional investors in the last quarter, including Swedbank, Artisan Partners Limited Partnership, FMR LLC, Scout Investments Inc., Jericho Capital Asset Management L.P., Carillon Tower Advisers Inc., Metropolitan Life Insurance Co NY and Frontier Capital Management 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 $255.94.

How big of a company is Arista Networks?

Arista Networks has a market capitalization of $19.61 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:  1,068 (Vote Outperform)
Underperform Votes:  554 (Vote Underperform)
Total Votes:  1,622
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 5/25/2019 by MarketBeat.com Staff

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