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
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 Ratio49.27
Forward P/E Ratio33.50
P/E Growth1.52
Sales & Book Value
Annual Sales$1.65 billion
Price / Sales10.50
Cash Flow$5.4242 per share
Price / Cash Flow42.24
Book Value$22.74 per share
Price / Book10.08
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$16.98 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 earnings results on Thursday, November, 1st. The technology company reported $1.83 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.62 by $0.21. The technology company earned $563.31 million during 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 company's quarterly revenue was up 28.7% on a year-over-year basis. During the same quarter last year, the business posted $1.62 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 issued an update on 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?
29 analysts have issued twelve-month price targets for Arista Networks' stock. Their forecasts range from $180.00 to $350.00. On average, they anticipate Arista Networks' share price to reach $294.3333 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets for Arista Networks.
What is the consensus analysts' recommendation for Arista Networks?
29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 2 sell ratings, 10 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?
Media stories about ANET stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of 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 negative five to five, with scores closest to five being the most favorable. Arista Networks earned a coverage optimism score of 1.1 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 10.0 out of 10, indicating 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?
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), Intrusion (INTZ), BIO-key International (BKYI) and Black Box (BBOX).
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 a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.20%), BlackRock Inc. (4.84%), Capital Research Global Investors (4.44%), FMR LLC (3.84%), Capital International Investors (2.08%) and Jackson Square Partners LLC (1.83%). 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 acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Vanguard Group Inc., BlackRock Inc., Alliancebernstein L.P., Allianz Asset Management GmbH, Jackson Square Partners LLC, Morgan Stanley and Bank of New York Mellon Corp. 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 $229.12.
How big of a company is Arista Networks?
Arista Networks has a market capitalization of $16.98 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?
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.
