Arista Networks Inc (NYSE:ANET) currently has a daily average trading volume of 1.79M but it saw 1158155 shares traded in last market. With a market cap of 123.79B USD, the company’s current market price of $394.04 came falling about -0.64 while comparing to the previous closing price of $396.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $422.73 and as low as $168.25. In the recent trading on the day, stock has struck highest price mark of $391.5 while lowest mark touched by it was $401.3899.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which reiterated the stock as “Buy” in its note to investors issued on June 27, 2024, recommending a price target of between $330 and $385 for it. Jefferies upgraded its recommendation for the stock as a “Buy” from “Hold” on May 03, 2024 while assigning a price target range of $240-$320. Rosenblatt issued its recommendations for the stock as it downgraded the price target for the stock is $210.
Over the week, ANET’s stock price is moving -2.96% down while it is 2.33% when we observe its performance for the past one month. Year-to-date it is 67.31% up and over the past year, the stock is showing an upside performance of 111.26%.
Currently, Arista Networks Inc’s total number of outstanding shares is 312.25M. Company’s return on investment (ROI) stands at 29.20% and return on equity (ROE) at 34.46%. It has a price to earnings ratio (P/E ratio) of 51.07 while having a 41.69 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 14.68 while price to sale or P/S ratio amounts to 19.61. Its return on asset (ROA) is 24.86% on average.
