Arista Networks Stock Today

ANET Stock  USD 319.39  0.50  0.16%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Arista Networks is selling for under 319.39 as of the 21st of May 2024; that is -0.16 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 319.39. Arista Networks has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Note, on April 22, 2024, Representative Michael McCaul of US Congress acquired $100k to $250k worth of Arista Networks's common stock.
Business Domain
Technology Hardware & Equipment
IPO Date
6th of June 2014
Category
Technology
Classification
Information Technology
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California. Arista Networks operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. The company has 313.36 M outstanding shares of which 2.53 M shares are presently shorted by private and institutional investors with about 1.06 trading days to cover. More on Arista Networks

Arista Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Arista Networks' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Arista Networks or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Arista Networks' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Arista Networks' managers, analysts, and investors.
Environmental
Governance
Social
CEOJayshree Ullal
Thematic Ideas
(View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, NYSE Composite, SP 500 Index, ISE Cloud Computing, ARCA Networking, Social Domain, Tech Growth, SRI Sustainable Growth, Information Technology, Communications Equipment, Computer Hardware, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Analysts covering Arista Networks report their recommendations after researching Arista Networks' financial statements, talking to executives and customers, or listening in on Arista Networks' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Arista Networks. The Arista consensus assessment is calculated by taking the average forecast from all of the analysts covering Arista Networks.
Financial Strength
Based on the key indicators related to Arista Networks' liquidity, profitability, solvency, and operating efficiency, Arista Networks is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in June. Financial strength of Arista Networks is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.2098
Way Down
Slightly volatile
Asset Turnover0.750.5892
Significantly Up
Slightly volatile
Gross Profit Margin0.720.6195
Fairly Up
Slightly volatile
Total Current LiabilitiesB1.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total426 M818.1 M
Way Down
Slightly volatile
Total Assets10.4 B9.9 B
Sufficiently Up
Slightly volatile
Total Current Assets8.8 B8.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.1 BB
Sufficiently Up
Slightly volatile
Arista Networks' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Arista Networks' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Arista Networks' financial leverage. It provides some insight into what part of Arista Networks' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Arista Networks' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Arista Networks deploys its capital and how much of that capital is borrowed.
Liquidity
Arista Networks cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 65.52 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Arista Networks has a current ratio of 3.63, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Arista Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Arista Networks' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arista Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arista to invest in growth at high rates of return. When we think about Arista Networks' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(32.28 Million)
Arista Networks (ANET) is traded on New York Stock Exchange in USA. It is located in 5453 Great America Parkway, Santa Clara, CA, United States, 95054 and employs 4,023 people. Arista Networks is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 100.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Arista Networks's market, we take the total number of its shares issued and multiply it by Arista Networks's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Arista Networks conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 313.36 M outstanding shares of which 2.53 M shares are presently shorted by private and institutional investors with about 1.06 trading days to cover. Arista Networks currently holds about 2.9 B in cash with 2.03 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.54.
Check Arista Networks Probability Of Bankruptcy
Ownership Allocation
Arista Networks retains a total of 313.36 Million outstanding shares. Over half of Arista Networks' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Arista Networks. Please watch out for any change in the institutional holdings of Arista Networks as this could mean something significant has changed or is about to change at the company. Please note that on April 22, 2024, Representative Michael McCaul of US Congress acquired $100k to $250k worth of Arista Networks's common stock.
Check Arista Ownership Details

Arista Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Arista Networks that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Arista Networks' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Arista Networks' value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
4.8 M
Wcm Investment Management2023-12-31
M
Norges Bank2023-12-31
2.5 M
Northern Trust Corp2023-12-31
2.3 M
Artisan Partners Limited Partnership2023-12-31
2.3 M
Legal & General Group Plc2023-12-31
2.2 M
Amundi2023-12-31
2.1 M
Amvescap Plc.2023-12-31
2.1 M
T. Rowe Price Associates, Inc.2023-12-31
1.9 M
Vanguard Group Inc2023-12-31
29.5 M
Blackrock Inc2023-12-31
18.4 M
View Arista Networks Diagnostics

Arista Networks Historical Income Statement

Arista Networks Income Statement is one of the three primary financial statements used for reporting Arista's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Arista Networks revenue and expense. Arista Networks Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Arista Networks' EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 2.3 B in 2024, whereas Reconciled Depreciation is likely to drop slightly above 48.6 M in 2024. View More Fundamentals

Arista Stock Against Markets

Picking the right benchmark for Arista Networks stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Arista Networks stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Arista Networks is critical whether you are bullish or bearish towards Arista Networks at a given time. Please also check how Arista Networks' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Arista Networks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Arista Networks Corporate Directors

Arista Networks corporate directors refer to members of an Arista Networks board of directors. The board of directors generally takes responsibility for the Arista Networks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Arista Networks' board members must vote for the resolution. The Arista Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Charles GiancarloIndependent DirectorProfile
Nikos TheodosopoulosIndependent DirectorProfile
Daniel ScheinmanLead Independent DirectorProfile
Ann MatherIndependent DirectorProfile

How to buy Arista Stock?

Before investing in Arista Networks, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Arista Networks. To buy Arista Networks stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Arista Networks. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Arista Networks stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Arista Networks stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Arista Networks stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Arista Networks, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.

Already Invested in Arista Networks?

The danger of trading Arista Networks is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Arista Networks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Arista Networks. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arista Networks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Arista Networks is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Arista Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arista Networks Stock. Highlighted below are key reports to facilitate an investment decision about Arista Networks Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arista Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.
Note that the Arista Networks information on this page should be used as a complementary analysis to other Arista Networks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Arista Networks' price analysis, check to measure Arista Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arista Networks is operating at the current time. Most of Arista Networks' value examination focuses on studying past and present price action to predict the probability of Arista Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arista Networks' price. Additionally, you may evaluate how the addition of Arista Networks to your portfolios can decrease your overall portfolio volatility.
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Is Arista Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arista Networks. If investors know Arista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arista Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.442
Earnings Share
7.2
Revenue Per Share
19.559
Quarterly Revenue Growth
0.163
Return On Assets
0.1681
The market value of Arista Networks is measured differently than its book value, which is the value of Arista that is recorded on the company's balance sheet. Investors also form their own opinion of Arista Networks' value that differs from its market value or its book value, called intrinsic value, which is Arista Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arista Networks' market value can be influenced by many factors that don't directly affect Arista Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arista Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arista Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arista Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.