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

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$221.22 +1.84 (+0.84 %)
(As of 11/21/2018 11:37 AM ET)
Previous Close$219.38
Today's Range$218.3050 - $228.65
52-Week Range$206.86 - $313.37
Volume298,094 shs
Average Volume1.04 million shs
Market Capitalization$16.82 billion
P/E Ratio47.57
Dividend YieldN/A
Beta1.56
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

Stock Exchange NYSE
Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:ANET
Previous Symbol
CUSIPN/A
Phone408-547-5500

Debt

Debt-to-Equity Ratio0.02
Current Ratio4.51
Quick Ratio4.11

Price-To-Earnings

Trailing P/E Ratio47.57
Forward P/E Ratio32.34
P/E Growth1.53

Sales & Book Value

Annual Sales$1.65 billion
Price / Sales10.14
Cash Flow$5.2860 per share
Price / Cash41.85
Book Value$25.80 per share
Price / Book8.57

Profitability

EPS (Most Recent Fiscal Year)$4.65
Net Income$423.20 million
Net Margins28.05%
Return on Equity29.06%
Return on Assets19.53%

Miscellaneous

Employees1,800
Outstanding Shares75,430,000
Market Cap$16.82 billion
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) announced its quarterly earnings data on Thursday, November, 1st. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.62 by $0.21. The technology company had revenue of $563.31 million for the quarter, compared to analysts' expectations of $548.81 million. Arista Networks had a return on equity of 29.06% and a net margin of 28.05%. The firm's revenue for the quarter was up 28.7% on a year-over-year basis. During the same period last year, the business posted $1.62 earnings per share. 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, February 21st 2019. View Earnings Estimates for Arista Networks.

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

Arista Networks updated its fourth quarter 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $582-594 million, compared to the consensus revenue estimate of $586.15 million.

What price target have analysts set for ANET?

28 brokers have issued 1 year price targets for Arista Networks' shares. Their predictions range from $180.00 to $350.00. On average, they anticipate Arista Networks' share price to reach $292.25 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View Analyst Price Targets for Arista Networks.

What is the consensus analysts' recommendation for Arista Networks?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 1 sell rating, 11 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 very positive on Wednesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news 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 news impact score of 3.1 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term.

Who are some of Arista Networks' key competitors?

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. (4.84%), Capital Research Global Investors (4.44%), FMR LLC (3.84%), Capital International Investors (2.08%), Jackson Square Partners LLC (1.83%) and JPMorgan Chase & Co. (1.57%). 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 Capital Research Global Investors, Renaissance Technologies LLC, Scout Investments Inc., TIAA CREF Investment Management LLC, Carillon Tower Advisers Inc., Neuberger Berman Group LLC, Mitsubishi UFJ Trust & Banking Corp and AQR Capital Management LLC. 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 Capital International Investors, BlackRock Inc., Alliancebernstein L.P., Allianz Asset Management GmbH, Jackson Square Partners LLC, Morgan Stanley, Bank of New York Mellon Corp and William Blair Investment 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 $220.36.

How big of a company is Arista Networks?

Arista Networks has a market capitalization of $16.82 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?

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:  1,023 (Vote Outperform)
Underperform Votes:  518 (Vote Underperform)
Total Votes:  1,541
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 11/21/2018 by MarketBeat.com Staff

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