Insights on ANET – What Investors Need to Know

By Blake Campbell • Friday, October 03 10:07 • Permanent Link

Large-cap Telecommunications company Arista Networks has moved 0.5% so far today on a volume of 899,227, compared to its average of 9,123,823. In contrast, the S&P 500 index moved 0.0%.

Arista Networks trades -7.16% away from its average analyst target price of $156.38 per share. The 24 analysts following the stock have set target prices ranging from $111.0 to $185.0, 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 633.6% above its Graham number of $19.79, which implies that at its current valuation it does not offer a margin of safety
Arista Networks has moved 45.9% over the last year, and the S&P 500 logged a change of 16.8%
Based on its trailing earnings per share of 2.56, Arista Networks has a trailing 12 month Price to Earnings (P/E) ratio of 56.7 while the S&P 500 average is 29.3
ANET has a forward P/E ratio of 14.9 based on its forward 12 month price to earnings (EPS) of $9.73 per share
Its Price to Book (P/B) ratio is 16.74 compared to its sector average of 1.86
Arista Networks Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.
Based in Santa Clara, the company has 4,412 full time employees and a market cap of $182.47 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.