Arista Networks Inc (NYSE:ANET) currently has a daily average trading volume of 10.26M but it saw 14499331 shares traded in last market. With a market cap of 133.48B USD, the company’s current market price of $106.28 came rising about 2.80 while comparing to the previous closing price of $103.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $133.57 and as low as $59.43. In the recent trading on the day, stock has struck highest price mark of $103.6366 while lowest mark touched by it was $107.32.
Evercore ISI issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $105 and $110.
Over the week, ANET’s stock price is moving 7.45% up while it is 9.29% when we observe its performance for the past one month. Year-to-date it is 16.11% up and over the past year, the stock is showing a downside performance of -3.85%.
The company is expected to be releasing its next quarterly report on 2025-May-06, for which analysts forecasted an EPS of 0.65 while estimate for next year EPS is 2.56. In next quarter, company is expected to be making quarterly sales of $2.1B as analysts are expecting the sales for current fiscal year at $8.39B and seeing the company making $9.9B in sales next year. Moreover, analysts are in estimates of $2.11B for current-quarter revenue.
Currently, Arista Networks Inc’s total number of outstanding shares is 1.26B with 18.02% of that held by the insiders while 69.61% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 29.93% and return on equity (ROE) at 33.68%. It has a price to earnings ratio (P/E ratio) of 44.96 while having a 35.44 of forward P/E ratio. Stock’s beta reads 1.36. Stock has a price to book (P/B) ratio of 13.20 while price to sale or P/S ratio amounts to 17.95. Its return on asset (ROA) is 24.16% on average.
