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

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$318.11 -7.12 (-2.19 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$325.23
Today's Range$314.40 - $324.61
52-Week Range$187.08 - $331.27
Volume697,412 shs
Average Volume644,452 shs
Market Capitalization$24.34 billion
P/E Ratio44.99
Dividend YieldN/A
Beta1.51
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. 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

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$7.8237 per share
Book Value$28.42 per share

Profitability

Net Income$328.11 million

Miscellaneous

Employees2,300
Market Cap$24.34 billion
Next Earnings Date5/2/2019 (Confirmed)
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) issued its quarterly earnings results on Thursday, February, 14th. The technology company reported $2.25 EPS for the quarter, beating the consensus estimate of $1.80 by $0.45. The technology company had revenue of $595.70 million for the quarter, compared to the consensus estimate of $591.41 million. Arista Networks had a net margin of 29.47% and a return on equity of 29.37%. The firm's revenue was up 27.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.71 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, May 2nd 2019. View Earnings Estimates for Arista Networks.

How can I listen to Arista Networks' earnings call?

Arista Networks will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332877905.

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

Arista Networks updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $588-598 million, compared to the consensus revenue estimate of $589.67 million.

What price target have analysts set for ANET?

25 analysts have issued 1-year target prices for Arista Networks' shares. Their forecasts range from $225.00 to $360.00. On average, they anticipate Arista Networks' stock price to reach $304.2727 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets for Arista Networks.

What is the consensus analysts' recommendation for Arista Networks?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 1 sell rating, 7 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 been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring 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 nearest to five being the most favorable. Arista Networks earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.

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), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), Paypal (PYPL), CA (CA), Adobe (ADBE), BlackRock (BLK), Activision Blizzard (ATVI) and Shopify (SHOP).

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)
  • Ms. Ita M. Brennan, CFO & Sr. VP (Age 52)
  • Mr. Anshul Sadana, Sr. VP & COO (Age 42)
  • Mr. John F. McCool, Chief Platform Officer & Sr. VP of Engineering Operations (Age 59)

Who are Arista Networks' major shareholders?

Arista Networks' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.65%), Virginia Retirement Systems ET AL (0.09%), Jag Capital Management LLC (0.05%), Gateway Investment Advisers LLC (0.04%), Retirement Systems of Alabama (0.03%) and Baltimore Washington Financial Advisors Inc. (0.03%). 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 major investors are selling Arista Networks stock?

ANET stock was sold by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, Strs Ohio, DNB Asset Management AS, Winslow Evans & Crocker Inc., Bell Asset Management Ltd, State of Alaska Department of Revenue, Gateway Investment Advisers LLC and Oakbrook Investments 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, Manuel Felix Rivelo, 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 Scout Investments Inc., Jag Capital Management LLC, Moody Lynn & Lieberson LLC, ACG Wealth, Harvest Investment Services LLC, Oppenheimer & Co. Inc., Creative Planning and First Hawaiian Bank. 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 $318.32.

How big of a company is Arista Networks?

Arista Networks has a market capitalization of $24.35 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.

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:  1,059 (Vote Outperform)
Underperform Votes:  549 (Vote Underperform)
Total Votes:  1,608
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 4/25/2019 by MarketBeat.com Staff

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