Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $361.71 in the prior trading day, Arista Networks Inc (NYSE: ANET) closed at $379.32, up 4.87%. In other words, the price has increased by $4.87 from its previous closing price. On the day, 1.96 million shares were traded. ANET stock price reached its highest trading level at $380.54 during the session, while it also had its lowest trading level at $371.42.
Ratios:
Our goal is to gain a better understanding of ANET by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.16. For the most recent quarter (mrq), Quick Ratio is recorded 3.70 and its Current Ratio is at 4.55. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 17 ’24 when Giancarlo Charles H sold 2,000 shares for $363.53 per share. The transaction valued at 727,069 led to the insider holds 48,946 shares of the business.
Battles Kelly Bodnar sold 372 shares of ANET for $132,708 on Sep 16 ’24. The Director now owns 2,565 shares after completing the transaction at $356.74 per share. On Sep 17 ’24, another insider, Charles Giancarlo, who serves as the Director of the company, bought 10,000 shares for $359.16 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANET now has a Market Capitalization of 119164518400 and an Enterprise Value of 112952115200. As of this moment, Arista’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.17, and their Forward P/E ratio for the next fiscal year is 40.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.88 while its Price-to-Book (P/B) ratio in mrq is 14.13. Its current Enterprise Value per Revenue stands at 17.896 whereas that against EBITDA is 42.52.
Stock Price History:
Over the past 52 weeks, ANET has reached a high of $376.50, while it has fallen to a 52-week low of $168.25. The 50-Day Moving Average of the stock is 11.27%, while the 200-Day Moving Average is calculated to be 28.57%.
Shares Statistics:
The stock has traded on average 1.96M shares per day over the past 3-months and 1521570 shares per day over the last 10 days, according to various share statistics. A total of 312.25M shares are outstanding, with a floating share count of 257.19M. Insiders hold about 18.13% of the company’s shares, while institutions hold 69.55% stake in the company. Shares short for ANET as of 1724976000 were 2471607 with a Short Ratio of 1.26, compared to 1722384000 on 2089047. Therefore, it implies a Short% of Shares Outstanding of 2471607 and a Short% of Float of 0.9599999499999999.
Earnings Estimates
The stock of Arista Networks Inc (ANET) is currently being evaluated by 19.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $2.08, with high estimates of $2.49 and low estimates of $1.88.
Analysts are recommending an EPS of between $8.93 and $8.0 for the fiscal current year, implying an average EPS of $8.27. EPS for the following year is $9.41, with 23.0 analysts recommending between $11.12 and $8.64.
Revenue Estimates
13 analysts predict $1.74B in revenue for the current quarter. It ranges from a high estimate of $1.76B to a low estimate of $1.72B. As of the current estimate, Arista Networks Inc’s year-ago sales were $1.48BFor the next quarter, 13 analysts are estimating revenue of $1.81B. There is a high estimate of $1.97B for the next quarter, whereas the lowest estimate is $1.73B.
A total of 22 analysts have provided revenue estimates for ANET’s current fiscal year. The highest revenue estimate was $7B, while the lowest revenue estimate was $6.72B, resulting in an average revenue estimate of $6.8B. In the same quarter a year ago, actual revenue was $5.86BBased on 23 analysts’ estimates, the company’s revenue will be $7.99B in the next fiscal year. The high estimate is $8.73B and the low estimate is $7.63B.
