A10 Networks - ATEN Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" ATEN shares.
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1 analysts have issued 1 year price objectives for A10 Networks' stock. Their ATEN share price forecasts range from $20.00 to $20.00. On average, they predict the company's share price to reach $20.00 in the next year. This suggests a possible upside of 53.8% from the stock's current price.
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A10 Networks' stock was trading at $16.58 at the start of the year. Since then, ATEN stock has decreased by 21.6% and is now trading at $13.00.
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A10 Networks saw a drop in short interest during the month of August. As of August 15th, there was short interest totaling 3,870,000 shares, a drop of 16.4% from the July 31st total of 4,630,000 shares. Based on an average daily trading volume, of 699,100 shares, the days-to-cover ratio is currently 5.5 days. Currently, 5.9% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our ATEN earnings forecast.

A10 Networks, Inc. (NYSE:ATEN) posted its quarterly earnings data on Tuesday, August, 2nd. The communications equipment provider reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.04. The communications equipment provider earned $67.97 million during the quarter, compared to analyst estimates of $66.74 million. A10 Networks had a trailing twelve-month return on equity of 19.92% and a net margin of 38.39%. During the same quarter in the prior year, the business earned $0.10 earnings per share.

A10 Networks declared a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Monday, August 15th will be given a dividend of $0.05 per share on Thursday, September 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for ATEN.

A10 Networks (NYSE:ATEN) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.54%. The dividend payout ratio is 15.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATEN will have a dividend payout ratio of 29.41% 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, August, 9th. 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 $276.19 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 retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.88%), Legal & General Group Plc (3.08%), State Street Corp (3.06%), Mirae Asset Global Investments Co. Ltd. (1.49%), Peregrine Capital Management LLC (1.20%) and Wells Fargo & Company MN (1.14%). Insiders that own company stock include Brian Becker, Christopher P White, 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 $13.00.

A10 Networks (NYSE:ATEN) has a market capitalization of $990.21 million and generates $250.04 million in revenue each year. The communications equipment provider earns $94.89 million in net income (profit) each year or $1.28 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.