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In the latest session, Arista Networks Inc (NYSE: ANET) closed at $111.06 up 3.92% from its previous closing price of $106.87. In other words, the price has increased by $3.92 from its previous closing price. On the day, 19.48 million shares were traded.
Ratios:
For a deeper understanding of Arista Networks Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.02. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 4.47. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on June 27, 2024, Reiterated its Buy rating but revised its target price to $385 from $330 previously.
On May 03, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $240 to $320.
Rosenblatt Downgraded its Buy to Sell on April 12, 2024, while the target price for the stock was maintained at $210.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 14 ’25 when Battles Kelly Bodnar sold 1,488 shares for $107.13 per share. The transaction valued at 159,409 led to the insider holds 8,128 shares of the business.
Kelly Battles bought 2,980 shares of ANET for $162,266 on Feb 14 ’25. On Feb 06 ’25, another insider, Duda Kenneth, who serves as the CTO and SVP Software Eng. of the company, sold 80,000 shares for $115.61 each. As a result, the insider received 9,248,524 and left with 12,976 shares of the company.
Valuation Measures:
As of this moment, Arista’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.31, and their Forward P/E ratio for the next fiscal year is 38.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.16 while its Price-to-Book (P/B) ratio in mrq is 15.13.
Stock Price History:
Over the past 52 weeks, ANET has reached a high of $133.57, while it has fallen to a 52-week low of $60.08. The 50-Day Moving Average of the stock is -2.04%, while the 200-Day Moving Average is calculated to be 17.46%.
Shares Statistics:
A total of 1.26B shares are outstanding, with a floating share count of 1.03B. Insiders hold about 17.98% of the company’s shares, while institutions hold 67.47% stake in the company.
Earnings Estimates
As of right now, 6.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.61, with high estimates of $0.64 and low estimates of $0.59.
Analysts are recommending an EPS of between $2.5 and $2.41 for the fiscal current year, implying an average EPS of $2.47. EPS for the following year is $2.93, with 21.0 analysts recommending between $3.27 and $2.52.
Revenue Estimates
A total of 15 analysts believe the company’s revenue will be $1.91B this quarter.It ranges from a high estimate of $2.13B to a low estimate of $1.8B. As of the current estimate, Arista Networks Inc’s year-ago sales were $1.57BFor the next quarter, 15 analysts are estimating revenue of $2.02B. There is a high estimate of $2.22B for the next quarter, whereas the lowest estimate is $1.92B.
A total of 20 analysts have provided revenue estimates for ANET’s current fiscal year. The highest revenue estimate was $8.9B, while the lowest revenue estimate was $8.05B, resulting in an average revenue estimate of $8.27B. In the same quarter a year ago, actual revenue was $7BBased on 25 analysts’ estimates, the company’s revenue will be $9.8B in the next fiscal year. The high estimate is $11.08B and the low estimate is $9.17B.
