A10 Networks - ATEN Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for A10 Networks in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ATEN shares.
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1 brokers have issued 1 year price objectives for A10 Networks' shares. Their ATEN share price forecasts range from $24.00 to $24.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 48.8% from the stock's current price.
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A10 Networks' stock was trading at $16.63 at the beginning of 2023. Since then, ATEN shares have decreased by 3.0% and is now trading at $16.13.
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A10 Networks saw a increase in short interest in December. As of December 30th, there was short interest totaling 3,660,000 shares, an increase of 10.6% from the December 15th total of 3,310,000 shares. Based on an average trading volume of 689,600 shares, the short-interest ratio is currently 5.3 days. Currently, 5.4% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
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A10 Networks will be holding an earnings conference call on Tuesday, February 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "897429".

A10 Networks, Inc. (NYSE:ATEN) announced its quarterly earnings results on Wednesday, October, 27th. The communications equipment provider reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. The communications equipment provider had revenue of $65.36 million for the quarter, compared to analyst estimates of $63.12 million. A10 Networks had a net margin of 14.49% and a trailing twelve-month return on equity of 20.73%. During the same period last year, the business posted $0.08 earnings per share.

A10 Networks declared a quarterly dividend on Tuesday, November 1st. Investors of record on Tuesday, November 15th will be given a dividend of $0.06 per share on Thursday, December 1st. This represents a $0.24 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Monday, November 14th. This is a positive change from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for ATEN.

A10 Networks (NYSE:ATEN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATEN will have a dividend payout ratio of 35.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATEN.

A10 Networks updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $275.05 million-$280.05 million, compared to the consensus revenue estimate of $277.43 million.

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.

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).

A10 Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATEN."

A10 Networks' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.22%), Assenagon Asset Management S.A. (1.21%), Rice Hall James & Associates LLC (0.80%), Bridge City Capital LLC (0.32%), New York State Common Retirement Fund (0.27%) and Allspring Global Investments Holdings LLC (0.25%). Insiders that own company stock include Brian Becker, Dhrupad Trivedi, Eric Singer, Gunter Reiss, Matthew P Bruening, Robert D Cochran, Summit Partners L P and Thomas Constantino.
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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.
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One share of ATEN stock can currently be purchased for approximately $16.13.

A10 Networks (NYSE:ATEN) has a market capitalization of $1.18 billion and generates $273.38 million in revenue each year. The communications equipment provider earns $94.89 million in net income (profit) each year or $0.50 on an earnings per share basis.

The company employs 590 workers across the globe.

A10 Networks' mailing address is 2300 ORCHARD PKWY, SAN JOSE CA, 95131. The official website for the company is www.a10networks.com. The communications equipment provider can be reached via phone at (408) 325-8668, via email at investors@a10networks.com, or via fax at 408-325-8666.