Large-cap Technology company Arista Networks has moved 0.3% so far today on a volume of 2,309,188, compared to its average of 3,505,554. In contrast, the S&P 500 index moved -0.0%.
Arista Networks trades -6.6% away from its average analyst target price of $190.33 per share. The 18 analysts following the stock have set target prices ranging from $154.0 to $225.0, and on average have given Arista Networks a rating of buy.
Anyone interested in buying ANET should be aware of the facts below:
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Arista Networks's current price is 396.4% above its Graham number of $35.81, which implies that at its current valuation it does not offer a margin of safety
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Arista Networks has moved 44.0% over the last year, and the S&P 500 logged a change of 10.0%
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Based on its trailing earnings per share of 4.75, Arista Networks has a trailing 12 month Price to Earnings (P/E) ratio of 37.4 while the S&P 500 average is 15.97
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ANET has a forward P/E ratio of 26.3 based on its forward 12 month price to earnings (EPS) of $6.77 per share
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The company has a price to earnings growth (PEG) ratio of 2.88 — a number near or below 1 signifying that Arista Networks is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 9.39 compared to its sector average of 6.23
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Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
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Based in Santa Clara, the company has 3,612 full time employees and a market cap of $54.8 Billion.