Arista Networks Stock Today

ANET Stock  USD 319.21  5.09  1.62%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Arista Networks is selling for under 319.21 as of the 27th of July 2024; that is 1.62 percent up since the beginning of the trading day. The stock's last reported lowest price was 317.18. 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 July 22, 2024, Representative Michael McCaul of US Congress acquired under $15k 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 3.14 M shares are presently shorted by private and institutional investors with about 1.45 trading days to cover. More on Arista Networks

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Arista Stock Highlights

ESG Sustainability
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, SRI Sustainable Growth, Tech Growth, Information Technology, Communications Equipment, Computer Hardware, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
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
Debt Levels
Arista Networks can leverage 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.
Liquidity
Arista Networks 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. Note, when we think about Arista Networks' use of debt, we should always consider it together with its 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 100.01 B. 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 3.14 M shares are presently shorted by private and institutional investors with about 1.45 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
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. Please note that on July 22, 2024, Representative Michael McCaul of US Congress acquired under $15k worth of Arista Networks's common stock.
Check Arista Ownership Details

Arista Stock Institutional Holders

InstituionRecorded OnShares
Wcm Investment Management2024-03-31
M
Gqg Partners Llc2024-03-31
M
Amvescap Plc.2024-03-31
2.6 M
Norges Bank2023-12-31
2.5 M
Northern Trust Corp2024-03-31
2.2 M
Amundi2024-03-31
2.2 M
Artisan Partners Limited Partnership2024-03-31
2.1 M
Legal & General Group Plc2024-03-31
2.1 M
Goldman Sachs Group Inc2024-03-31
M
Vanguard Group Inc2024-03-31
26.3 M
Blackrock Inc2024-03-31
19.1 M
View Arista Networks Diagnostics

Arista Networks Historical Income Statement

At this time, Arista Networks' Research Development is comparatively stable compared to the past year. EBITDA is likely to gain to about 2.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 67.1 M in 2024. View More Fundamentals

Arista Stock Against Markets

Arista Networks Corporate Directors

Charles GiancarloIndependent DirectorProfile
Nikos TheodosopoulosIndependent DirectorProfile
Daniel ScheinmanLead Independent DirectorProfile
Ann MatherIndependent DirectorProfile

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.

Additional Tools for Arista Stock Analysis

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.