A new trading day began on Monday, with Arista Networks Inc (NYSE: ANET) stock price up 0.25% from the previous day of trading, before settling in for the closing price of $112.81. ANET’s price has ranged from $56.65 to $116.94 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 23.55%. Meanwhile, its annual earnings per share averaged 26.28%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.26 billion.
Let’s determine the extent of company efficiency that accounts for 4023 employees. 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) Breakdown of a Key Holders of the stock
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 18.04%, while institutional ownership is 68.55%. The most recent insider transaction that took place on Dec 09 ’24, was worth 31,306. In this transaction Chief Platform Officer of this company sold 288 shares at a rate of $108.70, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 06 ’24, when Company’s CTO and SVP Software Eng. sold 80,000 for $108.29, making the entire transaction worth $8,663,090. This insider now owns 12,976 shares in total.
Arista Networks Inc (ANET) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.28% 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 21.54. Likewise, its price to free cash flow for the trailing twelve months is 44.83.
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)
Looking closely at Arista Networks Inc (NYSE: ANET), its last 5-days average volume was 6.99 million, which is a drop from its year-to-date volume of 8.8 million. As of the previous 9 days, the stock’s Stochastic %D was 58.93%. Additionally, its Average True Range was 4.16.
During the past 100 days, Arista Networks Inc’s (ANET) raw stochastic average was set at 91.24%, which indicates a significant increase from 73.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.55% in the past 14 days, which was higher than the 38.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.42, while its 200-day Moving Average is $86.46. However, in the short run, Arista Networks Inc’s stock first resistance to watch stands at $114.02. Second resistance stands at $114.94. The third major resistance level sits at $116.20. If the price goes on to break the first support level at $111.84, it is likely to go to the next support level at $110.58. Now, if the price goes above the second support level, the third support stands at $109.66.
Arista Networks Inc (NYSE: ANET) Key Stats
With a market capitalization of 142.47 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.
