Should I buy or sell A10 Networks stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for A10 Networks in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATEN shares. View ATEN analyst ratings or view top-rated stocks .

What is A10 Networks' stock price target for 2024?

3 analysts have issued 1-year target prices for A10 Networks' shares. Their ATEN share price targets range from $15.00 to $15.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests a possible upside of 19.2% from the stock's current price. View analysts price targets for ATEN or view top-rated stocks among Wall Street analysts .

How have ATEN shares performed in 2023?

A10 Networks' stock was trading at $16.63 at the start of the year. Since then, ATEN shares have decreased by 24.3% and is now trading at $12.5850. View the best growth stocks for 2023 here .

Are investors shorting A10 Networks?

A10 Networks saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 2,310,000 shares, an increase of 11.6% from the October 15th total of 2,070,000 shares. Based on an average daily volume of 741,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.4% of the company's stock are sold short. View A10 Networks' Short Interest .

When is A10 Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our ATEN earnings forecast .

How were A10 Networks' earnings last quarter?

A10 Networks, Inc. (NYSE:ATEN) posted its earnings results on Tuesday, November, 7th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. The communications equipment provider had revenue of $57.78 million for the quarter, compared to the consensus estimate of $57.54 million. A10 Networks had a net margin of 15.48% and a trailing twelve-month return on equity of 21.75%.

How often does A10 Networks pay dividends? What is the dividend yield for A10 Networks?

A10 Networks announced a quarterly dividend on Tuesday, November 7th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.06 per share on Friday, December 1st. This represents a $0.24 annualized dividend and a yield of 1.91%. The ex-dividend date is Thursday, November 16th. Read our dividend analysis for ATEN .

Is A10 Networks a good dividend stock?

A10 Networks (NYSE:ATEN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.89%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATEN will have a dividend payout ratio of 32.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ATEN .

What ETFs hold A10 Networks' stock?

ETFs with the largest weight of A10 Networks (NYSE:ATEN) stock in their portfolio include Global X Cybersecurity ETF (BUG) , Invesco Next Gen Connectivity ETF (PXQ) , WisdomTree Cybersecurity Fund (WCBR) , SPDR Kensho Future Security ETF (FITE) , iShares Cybersecurity and Tech ETF (IHAK) , Invesco S&P SmallCap Information Technology ETF (PSCT) , First Trust Nasdaq Cybersecurity ETF (CIBR) and Syntax Stratified SmallCap ETF (SSLY) .

What guidance has A10 Networks issued on next quarter's earnings?

A10 Networks issued an update on its third quarter 2023 earnings guidance on Tuesday, October, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $56.50 million-$58.50 million, compared to the consensus revenue estimate of $74.65 million.

What is Dhrupad Trivedi's approval rating as A10 Networks' CEO?

13 employees have rated A10 Networks Chief Executive Officer Dhrupad Trivedi on Glassdoor.com . Dhrupad Trivedi has an approval rating of 99% among the company's employees. This puts Dhrupad Trivedi in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of A10 Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other A10 Networks investors own include Cenovus Energy (CVE) , Enterprise Products Partners (EPD) , Advanced Micro Devices (AMD) , Micron Technology (MU) , Pfizer (PFE) , CA (CA) , Sorrento Therapeutics (SRNE) , AT&T (T) , AbbVie (ABBV) and BlackRock (BLK) .

Who are A10 Networks' major shareholders?

A10 Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (2.44%), Mirae Asset Global Investments Co. Ltd. (2.44%), Legal & General Group Plc (2.30%), Bank of New York Mellon Corp (2.19%), Trigran Investments Inc. (1.72%) and Punch & Associates Investment Management Inc. (1.57%). Insiders that own company stock include Brian Becker , Dhrupad Trivedi , Eric Singer , Gunter Reiss, Matthew P Bruening , Robert D Cochran , Robert Scott Weber and Summit Partners L P. View institutional ownership trends .

How do I buy shares of A10 Networks?

Shares of ATEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

A10 Networks Stock Price, News & Analysis (NYSE:ATEN)

$12.58

-0.16 (-1.26%)

(As of 12/6/2023 ET)

Compare

Today's Range: $12.58
▼
$12.86
50-Day Range: $10.70
▼
$15.36
52-Week Range: $10.03
▼
$19.58

Volume: 603,677 shs
Average Volume: 680,626 shs
Market Capitalization: $933.05 million

P/E Ratio: 23.75
Dividend Yield: 1.91%
Price Target: $15.00

A10 Networks MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 19.2% Upside
$15.00 Price Target
Short Interest: Healthy
3.89% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$62,430 Sold Last Quarter
Proj. Earnings Growth: 21.67%
From $0.60 to $0.73 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.48 out of 5 stars

Computer And Technology Sector

130th out of 594 stocks

Software - Infrastructure Industry

4th out of 13 stocks

2.3

Analyst's Opinion

Consensus Rating
A10 Networks has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.00, A10 Networks has a forecasted upside of 19.2% from its current price of $12.59.
Amount of Analyst Coverage
A10 Networks has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.89% of the float of A10 Networks has been sold short.
Short Interest Ratio / Days to Cover
A10 Networks has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in A10 Networks has recently increased by 16.02%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
A10 Networks pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
A10 Networks has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of A10 Networks is 45.28%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, A10 Networks will have a dividend payout ratio of 32.88% next year. This indicates that A10 Networks will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ATEN.

1.1

News and Social Media Coverage

Search Interest
5 people have searched for ATEN on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
2 people have added A10 Networks to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, A10 Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $62,430.00 in company stock.
Percentage Held by Insiders
Only 5.81% of the stock of A10 Networks is held by insiders.
Percentage Held by Institutions
88.69% of the stock of A10 Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for A10 Networks are expected to grow by 21.67% in the coming year, from $0.60 to $0.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of A10 Networks is 23.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of A10 Networks is 23.75, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 232.03.
Price to Book Value per Share Ratio
A10 Networks has a P/B Ratio of 5.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About A10 Networks Stock (NYSE:ATEN)

A10 Networks, Inc. provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and microservices; and Thunder Carrier Grade Networking product, which offers standards-compliant address and protocol translation services for service provider networks. It also provides Thunder Threat Protection System (TPS) for the protection of networks and server resources against massive distributed denial of service attacks; Thunder Secure Sockets Layer (SSL) Insight solution that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses various critical security capabilities in one package by consolidating various security and networking functions in a single appliance. In addition, the company offers intelligent management and automation tools comprising harmony controller that provides intelligent management, automation, and analytics for secure application delivery in multi-cloud environment; and aGalaxy TPS, a multi-device network management solution. A10 Networks, Inc. delivers its solutions on optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software. It serves cloud providers; service providers include cloud, telecommunications, and multiple system and cable; government organizations; and enterprises in the technology, industrial, retail, financial, gaming, and education industries. The company markets its products through sales organizations, as well as distribution channel partners, including distributors, value added resellers, and system integrators. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California.

ATEN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ATEN Stock News Headlines

November 17, 2023 | seekingalpha.com

A10 Networks: Tough Economic Conditions May Present A Better Entry Point Later

November 11, 2023 | finance.yahoo.com

A10 Networks (NYSE:ATEN) Has Affirmed Its Dividend Of $0.06

December 7, 2023 | Edge On The Street (Ad)

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November 8, 2023 | finance.yahoo.com

A10 Networks, Inc. (NYSE:ATEN) Q3 2023 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

Q3 2023 A10 Networks Inc Earnings Call

November 7, 2023 | seekingalpha.com

A10 Networks, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 7, 2023 | finance.yahoo.com

A10 Networks Reports Financial Results for the Third Quarter of 2023, In-Line with Preliminary Results

October 31, 2023 | finance.yahoo.com

Earnings Preview: A10 Networks (ATEN) Q3 Earnings Expected to Decline

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October 30, 2023 | finance.yahoo.com

A10 Networks Details Security Strategy to Address Growing Cyber Threat Landscape

October 19, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: A10 Networks (ATEN) and Netflix (NFLX)

October 10, 2023 | finance.yahoo.com

A10 Networks to Host Third Quarter Earnings Call on November 7, 2023

October 9, 2023 | finance.yahoo.com

Despite shrinking by US$287m in the past week, A10 Networks (NYSE:ATEN) shareholders are still up 104% over 5 years

October 6, 2023 | msn.com

Craig-Hallum Maintains A10 Networks (ATEN) Buy Recommendation

October 6, 2023 | finance.yahoo.com

Why A10 Networks Stock Crashed This Week

October 6, 2023 | tmcnet.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of A10 Networks, Inc. (ATEN) on Behalf of Investors

October 5, 2023 | benzinga.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of A10 Networks, Inc. (ATEN) on Behalf of Investors

October 5, 2023 | markets.businessinsider.com

Hold Rating on A10 Networks Amid Q3 Disappointments and Macroeconomic Challenges: An Analyst Report

October 4, 2023 | benzinga.com

The Law Offices of Frank R. Cruz Announces Investigation of A10 Networks, Inc. (ATEN) on Behalf of Investors

October 4, 2023 | markets.businessinsider.com

A10 Networks Sinks On Q3 Revenue Outlook Below Street View

October 4, 2023 | msn.com

A10 Networks Stock Sinks 29%. Customer Delays Dent Revenue Forecast.

October 4, 2023 | msn.com

Apple, Intel, Cal-Maine Foods, A10 Networks, and More Stock Market Movers

October 4, 2023 | markets.businessinsider.com

Why Software Company A10 Networks' Shares Are Diving Today

October 4, 2023 | seekingalpha.com

A10 Networks sees Q3 revenue between $56.5M and $58.5M

October 3, 2023 | marketwatch.com

A10 Networks Sees Lower Revenue in 3Q on Delayed Projects

October 3, 2023 | marketwatch.com

A10 Networks Shares Tumble 17% After Forecasting Decline in 3Q Revenue

October 3, 2023 | uk.investing.com

A10 Networks stock plunges 16% on Q3 revenue warning

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Ex-Dividend for 12/1 Dividend: 11/16/2023
Dividend Payable: 12/01/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Software - Infrastructure
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:ATEN
CUSIP: N/A
CIK: 1580808
Web: www.a10networks.com
Phone: (408) 325-8668
Fax: 408-325-8666
Employees: 575
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.00
High Stock Price Target: $15.00
Low Stock Price Target: $15.00
Potential Upside/Downside: +18.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.53
Trailing P/E Ratio: 23.91
Forward P/E Ratio: 21.12
P/E Growth: N/A
Net Income: $46.91 million
Net Margins: 15.48%
Pretax Margin: 15.86%
Return on Equity: 21.75%
Return on Assets: 11.17%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.38
Quick Ratio: 2.17

Sales & Book Value

Annual Sales: $280.34 million
Price / Sales: 3.35
Cash Flow: $0.70 per share
Price / Cash Flow: 18.21
Book Value: $2.46 per share
Price / Book: 5.15

Miscellaneous

Outstanding Shares: 74,140,000
Free Float: 69,831,000
Market Cap: $939.35 million
Optionable: Optionable
Beta: 1.07

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Key Executives

Mr. Dhrupad Trivedi (Age 56)
Board Chair, President & CEO
Comp: $1.45M
Mr. Brian Becker (Age 50)
Chief Financial Officer
Comp: $474.05k
Mr. Scott Weber (Age 57)
Executive VP, Chief Risk Compliance Officer, General Counsel & Corporate Secretary
Comp: $343.4k
Mr. Bret Sloan
Head of Global Operations
Ms. Karen Thomas
Executive VP of Worldwide Sales & Marketing
Mr. Andrew Kim
Vice President of Worldwide Human Resources
Mr. Greg Barnes
Managing Director of Australia & New Zealand
Mr. Sean Pike
Head of Information Security
Mr. Toru Kawaguchi
VP of Sales and President & Country Manager of Japan KK
Rich Groves
Director of Threat Intelligence & MLOps

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ATEN Stock Analysis - Frequently Asked Questions

Should I buy or sell A10 Networks stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for A10 Networks in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATEN shares.
View ATEN analyst ratings or view top-rated stocks.
What is A10 Networks' stock price target for 2024?: 3 analysts have issued 1-year target prices for A10 Networks' shares. Their ATEN share price targets range from $15.00 to $15.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for ATEN or view top-rated stocks among Wall Street analysts.
How have ATEN shares performed in 2023?: A10 Networks' stock was trading at $16.63 at the start of the year. Since then, ATEN shares have decreased by 24.3% and is now trading at $12.5850.
View the best growth stocks for 2023 here.
Are investors shorting A10 Networks?: A10 Networks saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 2,310,000 shares, an increase of 11.6% from the October 15th total of 2,070,000 shares. Based on an average daily volume of 741,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.4% of the company's stock are sold short.
View A10 Networks' Short Interest.
When is A10 Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our ATEN earnings forecast.
How were A10 Networks' earnings last quarter?: A10 Networks, Inc. (NYSE:ATEN) posted its earnings results on Tuesday, November, 7th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. The communications equipment provider had revenue of $57.78 million for the quarter, compared to the consensus estimate of $57.54 million. A10 Networks had a net margin of 15.48% and a trailing twelve-month return on equity of 21.75%.
How often does A10 Networks pay dividends? What is the dividend yield for A10 Networks?: A10 Networks announced a quarterly dividend on Tuesday, November 7th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.06 per share on Friday, December 1st. This represents a $0.24 annualized dividend and a yield of 1.91%. The ex-dividend date is Thursday, November 16th.
Read our dividend analysis for ATEN.
Is A10 Networks a good dividend stock?: A10 Networks (NYSE:ATEN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.89%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATEN will have a dividend payout ratio of 32.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATEN.

What ETFs hold A10 Networks' stock?: ETFs with the largest weight of A10 Networks (NYSE:ATEN) stock in their portfolio include Global X Cybersecurity ETF (BUG), Invesco Next Gen Connectivity ETF (PXQ), WisdomTree Cybersecurity Fund (WCBR), SPDR Kensho Future Security ETF (FITE), iShares Cybersecurity and Tech ETF (IHAK), Invesco S&P SmallCap Information Technology ETF (PSCT), First Trust Nasdaq Cybersecurity ETF (CIBR) and Syntax Stratified SmallCap ETF (SSLY).
What guidance has A10 Networks issued on next quarter's earnings?: A10 Networks issued an update on its third quarter 2023 earnings guidance on Tuesday, October, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $56.50 million-$58.50 million, compared to the consensus revenue estimate of $74.65 million.
What is Dhrupad Trivedi's approval rating as A10 Networks' CEO?: 13 employees have rated A10 Networks Chief Executive Officer Dhrupad Trivedi on Glassdoor.com. Dhrupad Trivedi has an approval rating of 99% among the company's employees. This puts Dhrupad Trivedi in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of A10 Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other A10 Networks investors own include Cenovus Energy (CVE), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Micron Technology (MU), Pfizer (PFE), CA (CA), Sorrento Therapeutics (SRNE), AT&T (T), AbbVie (ABBV) and BlackRock (BLK).
Who are A10 Networks' major shareholders?: A10 Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (2.44%), Mirae Asset Global Investments Co. Ltd. (2.44%), Legal & General Group Plc (2.30%), Bank of New York Mellon Corp (2.19%), Trigran Investments Inc. (1.72%) and Punch & Associates Investment Management Inc. (1.57%). Insiders that own company stock include Brian Becker, Dhrupad Trivedi, Eric Singer, Gunter Reiss, Matthew P Bruening, Robert D Cochran, Robert Scott Weber and Summit Partners L P.
View institutional ownership trends.
How do I buy shares of A10 Networks?: Shares of ATEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:ATEN) was last updated on 12/7/2023 by MarketBeat.com Staff

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