A new trading day began on Friday, with Arista Networks Inc (NYSE: ANET) stock price up 1.33% from the previous day of trading, before settling in for the closing price of $106.83. ANET’s price has ranged from $53.12 to $108.97 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 23.55% over the last five years. Meanwhile, its annual earnings per share averaged 26.31%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.26 billion.
The firm has a total of 4023 workers. Let’s measure their productivity. In terms of profitability, gross margin is 64.41%, operating margin of 42.11%, and the pretax margin is 46.43%.
Arista Networks Inc (ANET) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Arista Networks Inc is 79.53%, while institutional ownership is 68.54%. The most recent insider transaction that took place on Dec 02 ’24, was worth 1,096,293. In this transaction SVP and General Counsel of this company sold 2,660 shares at a rate of $412.14, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Director sold 2,000 for $412.65, making the entire transaction worth $825,303. This insider now owns 42,946 shares in total.
Arista Networks Inc (ANET) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 26.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.00% during the next five years compared to 45.36% growth over the previous five years of trading.
Arista Networks Inc (NYSE: ANET) Trading Performance Indicators
Here are Arista Networks Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.89. Likewise, its price to free cash flow for the trailing twelve months is 43.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.08, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 2.45 in one year’s time.
Technical Analysis of Arista Networks Inc (ANET)
Analysing the last 5-days average volume posted by the [Arista Networks Inc, ANET], we can find that recorded value of 7.07 million was lower than the volume posted last year of 8.89 million. As of the previous 9 days, the stock’s Stochastic %D was 75.85%. Additionally, its Average True Range was 3.57.
During the past 100 days, Arista Networks Inc’s (ANET) raw stochastic average was set at 93.40%, which indicates a significant increase from 86.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.70% in the past 14 days, which was lower than the 42.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.97, while its 200-day Moving Average is $84.24. Now, the first resistance to watch is $110.96. This is followed by the second major resistance level at $113.67. The third major resistance level sits at $116.60. If the price goes on to break the first support level at $105.32, it is likely to go to the next support level at $102.39. Should the price break the second support level, the third support level stands at $99.68.
Arista Networks Inc (NYSE: ANET) Key Stats
With a market capitalization of 138.18 billion, the company has a total of 1,259,760K Shares Outstanding. Currently, annual sales are 5,860 M while annual income is 2,087 M. The company’s previous quarter sales were 1,811 M while its latest quarter income was 747,940 K.
