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Arista Networks, Inc. (ANET)

Stock Price: $209.44 USD -0.59 (-0.28%)
Updated Jul 1, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Stock Quote

Trading Day Jul 1, 2020
Last Price $209.44
Previous Close $210.03
Change ($) -0.59
Change (%) -0.28%
Day's Open 210.59
Day's Range 207.29 - 210.98
Day's Volume 656,921
52-Week Range 156.63 - 289.45

Key Info

Market Cap 15.86B
Revenue (ttm) 2.34B
Net Income (ttm) 796.97M
Shares Out 75.70M
EPS (ttm) 9.89
PE Ratio 21.18
Forward PE 25.97
Dividend n/a
Dividend Yield n/a

More Stats

Market Cap 15.86B
Enterprise Value 13.30B
Earnings Date (est) Jul 30, 2020
Ex-Dividend Date n/a
Shares Outstanding 75.70M
Float 108.72M
EPS (basic) 10.43
EPS (diluted) 9.89
FCF / Share 12.77
Dividend n/a
Dividend Yield n/a
Earnings Yield 4.72%
FCF Yield 6.14%
Payout Ratio n/a
Shares Short 3.91M
Short Ratio 6.69
Short % of Float 8.51%
Beta 1.16
PE Ratio 21.18
Forward PE 25.97
P/FCF Ratio 16.28
PS Ratio 6.78
PB Ratio 5.76
Revenue 2.34B
Operating Income 761.09M
Net Income 796.97M
Free Cash Flow 974.16M
Net Cash 2.56B
Net Cash / Share 33.80
Gross Margin 66.05%
Operating Margin 32.55%
Profit Margin 34.10%
FCF Margin 41.66%
ROA 12.98%
ROE 30.38%
ROIC 36.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (28)

Buy 8
Overweight 0
Hold 20
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$222.57*
(6.27% upside)
Low
147
Current: 209.44
High
322
Target: 222.57
*Average 12-month price target from 21 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue2,4112,1511,6461,129838584361193140
Revenue Growth12.05%30.69%45.79%34.81%43.4%61.7%86.77%38.3%-
Gross Profit1,5441,3731,06272354439223913296.48
Operating Income80627347024314912666.1539.9044.40
Net Income85932842218311968.8920.789.6213.79
Shares Outstanding76.3174.7572.2668.7765.9648.4327.3224.7121.18
Earnings Per Share10.634.065.352.501.671.290.720.390.65
EPS Growth161.82%-24.11%114%49.7%29.46%79.17%84.62%-40%-
Operating Cash Flow96350363217423813234.6526.31-
Capital Expenditures-15.75-23.83-15.28-21.42-19.99-13.13-20.32-3.31-
Free Cash Flow94747961615321811914.3322.99-
Cash & Equivalents2,7241,9561,53686868744911892.700.00
Total Debt83.0235.4337.6739.5941.2142.55142123-
Net Cash / Debt2,6411,9211,498828646407-24.28-30.230.00
Assets4,1853,0822,4611,7291,160811365220-
Liabilities1,291939799621372255287201-
Book Value2,8952,1431,6621,10878855677.7318.91-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Arista Networks, Inc.
Country United States
Employees 2,300
CEO Jayshree V. Ullal

Stock Information

Ticker Symbol ANET
Stock Exchange New York Stock Exchange
Sector Technology
Industry Computer Hardware
Unique Identifier NYSE: ANET
IPO Date June 6, 2014

Description

Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was founded in 2004 and is headquartered in Santa Clara, California.