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

$221.18
+4.49 (+2.07 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$214.05
Now: $221.18
$222.57
50-Day Range
$215.29
MA: $260.07
$288.26
52-Week Range
$187.08
Now: $221.18
$331.27
Volume764,400 shs
Average Volume1.05 million shs
Market Capitalization$16.95 billion
P/E Ratio31.28
Dividend YieldN/A
Beta1.58
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$8.0605 per share
Book Value$32.95 per share

Profitability

Net Income$328.11 million

Miscellaneous

Employees2,300
Market Cap$16.95 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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, topping the 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%. Arista Networks's revenue was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.93 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, 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 earnings per share (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?

23 brokerages have issued 12 month price objectives for Arista Networks' stock. Their forecasts range from $225.00 to $375.00. On average, they anticipate Arista Networks' share price to reach $309.9091 in the next twelve months. This suggests a possible upside of 40.1% 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?

Press coverage about ANET stock has been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog 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 media sentiment score of -2.3 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Arista Networks.

Are investors shorting Arista Networks?

Arista Networks saw a drop in short interest in July. As of July 31st, there was short interest totalling 1,419,100 shares, a drop of 22.3% from the June 30th total of 1,827,500 shares. Based on an average daily volume of 943,600 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.7% of the company's stock 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), Adobe (ADBE), CA (CA), Square (SQ) and Mastercard (MA).

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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.54%), BlackRock Inc. (5.09%), First Trust Advisors LP (1.49%), Eaton Vance Management (1.26%), Nuveen Asset Management LLC (1.07%) and Swedbank (0.99%). 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 Vanguard Group 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, Scottrade, Fidelity and Charles Schwab.

What is Arista Networks' stock price today?

One share of ANET stock can currently be purchased for approximately $221.18.

How big of a company is Arista Networks?

Arista Networks has a market capitalization of $16.95 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:  1,084 (Vote Outperform)
Underperform Votes:  571 (Vote Underperform)
Total Votes:  1,655
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 8/18/2019 by MarketBeat.com Staff

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