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Arista Networks, Inc. (ANET)

Stock Price: $200.98 USD -1.48 (-0.73%)
Updated Sep 18, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 15.28B
Revenue (ttm) 2.27B
Net Income (ttm) 752.61M
Shares Out 76.03M
EPS (ttm) 9.40
PE Ratio 21.38
Forward PE 20.75
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Sep 18, 2020
Last Price $200.98
Previous Close $202.46
Change ($) -1.48
Change (%) -0.73%
Day's Open 202.68
Day's Range 197.45 - 203.70
Day's Volume 1,660,311
52-Week Range 156.63 - 267.30

More Stats

Market Cap 15.28B
Enterprise Value 12.57B
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 76.03M
Float 54.42M
EPS (basic) 9.87
EPS (diluted) 9.40
FCF / Share 12.10
Dividend n/a
Dividend Yield n/a
Earnings Yield 4.68%
FCF Yield 6.00%
Payout Ratio n/a
Shares Short 3.32M
Short Ratio 3.81
Short % of Float 7.18%
Beta 1.05
PE Ratio 21.38
Forward PE 20.75
P/FCF Ratio 16.66
PS Ratio 6.73
PB Ratio 5.07
Revenue 2.27B
Operating Income 721.25M
Net Income 752.61M
Free Cash Flow 917.33M
Net Cash 2.71B
Net Cash / Share 35.61
Gross Margin 68.02%
Operating Margin 31.77%
Profit Margin 33.10%
FCF Margin 40.40%
ROA 11.78%
ROE 27.07%
ROIC 31.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (28)

Buy 9
Overweight 0
Hold 19
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$253.52*
(26.14% upside)
Low
148
Current: $200.98
High
344
Target: 253.52
*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. Arista Networks, Inc. has a strategic partnership with Forescout Technologies, Inc. to reduce cybersecurity risks brought on by growth of IoT devices, network complexity, and propagation of malware. 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. Address: 5453 Great America Parkway, Santa Clara, CA, United States, 95054