Arista Networks Inc (NYSE: ANET) on Monday, plunged -3.24% from the previous trading day, before settling in for the closing price of $115.23. Within the past 52 weeks, ANET’s price has moved between $60.08 and $133.57.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 26.43%. The company achieved an average annual earnings per share of 26.26%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.26 billion.
Considering the fact that the conglomerate employs 4023 people, you should pay attention to its efficiency factor. 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
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Arista Networks Inc is 17.96%, while institutional ownership is 68.42%. The most recent insider transaction that took place on Jan 21 ’25, was worth 20,331. In this transaction Director of this company sold 168 shares at a rate of $121.02, taking the stock ownership to the 13,428 shares. Before that another transaction happened on Jan 21 ’25, when Company’s Director proposed sale 168 for $119.95, making the entire transaction worth $20,152.
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 26.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.60% 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
Arista Networks Inc (ANET) is currently performing well based on its current performance indicators. A quick ratio of 3.69 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 21.24. Likewise, its price to free cash flow for the trailing twelve months is 44.20.
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 2.46 in one year’s time.
Technical Analysis of Arista Networks Inc (ANET)
Compared to the last year’s volume of 9.46 million, its volume of 13.39 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.16%. Additionally, its Average True Range was 6.07.
During the past 100 days, Arista Networks Inc’s (ANET) raw stochastic average was set at 58.35%, which indicates a significant increase from 38.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.16% in the past 14 days, which was higher than the 55.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.71, while its 200-day Moving Average is $92.08. Nevertheless, the first resistance level for the watch stands at $113.87 in the near term. At $116.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $118.77. If the price goes on to break the first support level at $108.97, it is likely to go to the next support level at $106.43. Now, if the price goes above the second support level, the third support stands at $104.07.
Arista Networks Inc (NYSE: ANET) Key Stats
Market capitalization of the company is 140.46 billion based on 1,259,760K outstanding shares. Right now, sales total 5,860 M and income totals 2,087 M. The company made 1,811 M in profit during its latest quarter, and 747,940 K in sales during its previous quarter.
