Briefing From The Editor -- ANET Stock

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:

  • 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

  • Arista Networks has moved 44.0% over the last year, and the S&P 500 logged a change of 10.0%

  • 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

  • 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

  • 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

  • Its Price to Book (P/B) ratio is 9.39 compared to its sector average of 6.23

  • Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

  • Based in Santa Clara, the company has 3,612 full time employees and a market cap of $54.8 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.