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NYSE:ATEN

A10 Networks (ATEN) Stock Price, News & Analysis

$15.39
+0.27 (+1.79%)
(As of 05/28/2024 ET)
Today's Range
$15.21
$15.54
50-Day Range
$12.81
$16.45
52-Week Range
$10.03
$16.46
Volume
794,961 shs
Average Volume
689,369 shs
Market Capitalization
$1.15 billion
P/E Ratio
25.23
Dividend Yield
1.56%
Price Target
$16.50

A10 Networks MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.2% Upside
$16.50 Price Target
Short Interest
Healthy
3.76% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.86mentions of A10 Networks in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$51.56 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.61 out of 5 stars

Computer And Technology Sector

475th out of 603 stocks

Computer & Office Equipment Industry

13th out of 13 stocks

ATEN stock logo

About A10 Networks Stock (NYSE:ATEN)

A10 Networks, Inc. provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package. It also provides intelligent management and automation tool comprising harmony controller that provides intelligent management, automation, and analytics for secure application delivery. In addition, the company offers A10 Defend Threat Control, a standalone SaaS platform; A10 Defend Orchestrator provides a centralized point of control for seamless distributed denial of service (DDoS) defense management and execution; A10 Defend Detector, a Netflow, Sflow, IPFIX-based DDoS detector used to easily manage the scale and heterogenous nature of SP networks; and A10 Defend Mitigator, a precision, automated, scalable, and intelligent DDoS mitigation solution. It delivers its solutions in optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software forms. The company serves cloud providers; cloud, telecommunications, and multiple system and cable service providers; government organizations; and enterprises in the telecommunications, technology, industrial, government, retail, financial, gaming, and education industries. It markets its products through sales organizations; and distribution channel partners, such as 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

ATEN Stock News Headlines

Q1 2024 A10 Networks Inc Earnings Call
A10 declares $0.06 dividend
A10 Networks Inc ATEN
ATEN Apr 2024 12.500 call
7 Cheap Dividend Stocks to Roll the Dice With
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Last Earnings
4/30/2024
Ex-Dividend for 6/3 Dividend
5/14/2024
Today
5/28/2024
Dividend Payable
6/03/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Employees
525
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.50
High Stock Price Target
$17.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+7.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$39.97 million
Pretax Margin
19.67%

Debt

Sales & Book Value

Annual Sales
$254.68 million
Cash Flow
$0.72 per share
Book Value
$2.80 per share

Miscellaneous

Free Float
70,122,000
Market Cap
$1.15 billion
Optionable
Optionable
Beta
1.13
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Key Executives


ATEN Stock Analysis - Frequently Asked Questions

Should I buy or sell A10 Networks stock right now?

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

What is A10 Networks' stock price target for 2024?

2 Wall Street analysts have issued twelve-month target prices for A10 Networks' stock. Their ATEN share price targets range from $16.00 to $17.00. On average, they predict the company's stock price to reach $16.50 in the next year. This suggests a possible upside of 7.2% 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 2024?

A10 Networks' stock was trading at $13.17 at the beginning of 2024. Since then, ATEN stock has increased by 16.9% and is now trading at $15.39.
View the best growth stocks for 2024 here
.

Are investors shorting A10 Networks?

A10 Networks saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,580,000 shares, a decline of 16.5% from the April 30th total of 3,090,000 shares. Based on an average trading volume of 756,700 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.8% 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 Wednesday, July 24th 2024.
View our ATEN earnings forecast
.

How were A10 Networks' earnings last quarter?

A10 Networks, Inc. (NYSE:ATEN) announced its earnings results on Tuesday, April, 30th. The communications equipment provider reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.02. The communications equipment provider earned $60.70 million during the quarter, compared to the consensus estimate of $59.43 million. A10 Networks had a net margin of 17.96% and a trailing twelve-month return on equity of 22.42%. A10 Networks's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.09 earnings per share.

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

A10 Networks announced a quarterly dividend on Tuesday, April 30th. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.06 per share on Monday, June 3rd. This represents a $0.24 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Tuesday, May 14th.
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 1.59%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.34%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ATEN.

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?
Who are A10 Networks' major shareholders?

A10 Networks' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.54%), Mirae Asset Global Investments Co. Ltd. (2.52%), Price T Rowe Associates Inc. MD (1.67%), Jacobs Levy Equity Management Inc. (1.39%), Assenagon Asset Management S.A. (0.86%) and Russell Investments Group Ltd. (0.79%). Insiders that own company stock include Brian Becker, Dhrupad Trivedi, Eric Singer, Matthew P Bruening, Peter Y Chung, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ATEN) was last updated on 5/29/2024 by MarketBeat.com Staff

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