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.
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Industry, Sector and Symbol
Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
Phone408-547-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.15 billion
Profitability
Miscellaneous
Employees2,300
Next Earnings Date11/7/2019 (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 data on Thursday, August, 1st. The technology company reported $2.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.98 by $0.46. The technology company earned $608.32 million during the quarter, compared to analyst estimates of $606.78 million. Arista Networks had a net margin of 30.86% and a return on equity of 28.76%. The company's revenue was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.93 earnings per share. View Arista Networks' Earnings History.
When is Arista Networks' next earnings date?
What guidance has Arista Networks issued on next quarter's earnings?
Arista Networks updated its third quarter 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $647-657 million, compared to the consensus revenue estimate of $650.92 million.
What price target have analysts set for ANET?
23 Wall Street analysts have issued 12-month price targets for Arista Networks' shares. Their forecasts range from $225.00 to $375.00. On average, they anticipate Arista Networks' stock price to reach $303.8261 in the next year. This suggests a possible upside of 24.4% 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 6 hold ratings and 17 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 coverage about ANET stock has trended somewhat positive on Tuesday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 0.9 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Arista Networks.
Are investors shorting Arista Networks?
Arista Networks saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,574,700 shares, an increase of 11.0% from the July 31st total of 1,419,100 shares. Based on an average daily trading volume, of 882,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.9% of the shares of the company 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), Toshiba (TOSYY), Hewlett Packard Enterprise (HPE), F5 Networks (FFIV), Juniper Networks (JNPR), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ), BOS Better OnLine Sol (BOSC), BIO-key International (BKYI) and NEC (NIPNF).
What other stocks do shareholders of Arista Networks own?
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 a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.54%), BlackRock Inc. (5.09%), BlackRock Inc. (5.09%), First Trust Advisors LP (1.49%), Eaton Vance Management (1.26%) and Nuveen Asset Management LLC (1.07%). 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 Scout Investments Inc., Smith Asset Management Group LP, Carillon Tower Advisers Inc., Allianz Asset Management GmbH, Invesco Ltd., UBS Asset Management Americas Inc., Robeco Institutional Asset Management B.V. and Prudential Financial Inc.. 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 bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, First Trust Advisors LP, Amundi Pioneer Asset Management Inc., Swedbank, TD Asset Management Inc., Bank of New York Mellon Corp, BlackRock Inc. and BlackRock 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, Robinhood, Fidelity and Charles Schwab.
What is Arista Networks' stock price today?
One share of ANET stock can currently be purchased for approximately $244.19.
How big of a company is Arista Networks?
Arista Networks has a market capitalization of $18.72 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.View Additional Information About Arista Networks.
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.
