Arista Networks Stock Price, News & Analysis (NYSE:ANET)

$240.06
-4.07 (-1.67 %)
(As of 09/22/2019 02:48 AM ET)
Today's Range
$239.45
Now: $240.06
$245.85
50-Day Range
$215.29
MA: $232.01
$273.18
52-Week Range
$187.08
Now: $240.06
$331.27
Volume694,880 shs
Average Volume592,248 shs
Market Capitalization$18.40 billion
P/E Ratio33.95
Dividend YieldN/A
Beta1.55
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. Read More…

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$7.6868 per share
Book Value$28.42 per share

Profitability

Net Income$328.11 million

Miscellaneous

Employees2,300
Market Cap$18.40 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

Receive ANET News and Ratings via Email

Sign-up to receive the latest news and ratings for ANET and its competitors with MarketBeat's FREE daily newsletter.


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, August, 1st. The technology company reported $2.44 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.98 by $0.46. The technology company earned $608.32 million during the quarter, compared to analysts' expectations of $606.78 million. Arista Networks had a net margin of 30.86% and a return on equity of 28.76%. The business's revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.93 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, November 7th 2019. View Earnings Estimates for Arista Networks.

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 EPS 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?

21 brokerages have issued 1-year target prices for Arista Networks' shares. Their predictions range from $225.00 to $375.00. On average, they anticipate Arista Networks' share price to reach $301.7273 in the next year. This suggests a possible upside of 25.7% from the stock's current price. View Analyst Price Targets for Arista Networks.

What is the consensus analysts' recommendation for Arista Networks?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 6 hold ratings and 15 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 articles about ANET stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring 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 closest to five being the most favorable. Arista Networks earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. 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 volume of 882,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.9% of the company's shares are short sold. View Arista Networks' Current Options Chain.

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), Shopify (SHOP), Square (SQ), Adobe (ADBE), Twilio (TWLO) and CA (CA).

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 institutional and retail 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 purchased 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 $240.06.

How big of a company is Arista Networks?

Arista Networks has a market capitalization of $18.40 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?

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:  1,089 (Vote Outperform)
Underperform Votes:  574 (Vote Underperform)
Total Votes:  1,663
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 9/22/2019 by MarketBeat.com Staff

Featured Article: Stop Order

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel