Arista Networks

Company Profile

Arista Networks had its IPO on 2014-06-06 under the ticker symbol ANET.

The company operates in the Technology sector and Computer Hardware industry. Arista Networks has a staff strength of 3,612 employees.

Stock update

Shares of Arista Networks opened at $190.64 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $188.96 - $192.74, and closed at $189.03.

This is a -2.15% slip from the previous day's closing price.

A total volume of 1,191,072 shares were traded at the close of the day’s session.

In the last one week, shares of Arista Networks have slipped by -4.22%.

Arista Networks's Key Ratios

Arista Networks has a market cap of $43.60 billion, indicating a price to book ratio of 9.1277 and a price to sales ratio of 9.6747.

In the last 12-months Arista Networks’s revenue was $4.38 billion with a gross profit of $2.68 billion and an EBITDA of $1.59 billion. The EBITDA ratio measures Arista Networks's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Arista Networks’s operating margin was 34.86% while its return on assets stood at 15.26% with a return of equity of 30.51%.

In Q4, Arista Networks’s quarterly earnings growth was a positive 82.7% while revenue growth was a positive 54.7%.

Arista Networks’s PE and PEG Ratio

Forward PE

23.8095

Trailing PE

48.7595

PEG

1.0983

Its diluted EPS in the last 12-months stands at $2.91 per share while it has a forward price to earnings multiple of 23.8095 and a PEG multiple of 1.0983. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Arista Networks’s profitability.

Arista Networks stock is trading at a EV to sales ratio of 9.4381 and a EV to EBITDA ratio of 26.8483. Its price to sales ratio in the trailing 12-months stood at 9.6747.

Arista Networks stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$6.78 billion

Total Liabilities

$1.29 billion

Operating Cash Flow

$-82825000.00

Capital Expenditure

$10.46 million

Dividend Payout Ratio

0%

Arista Networks ended 2024 with $6.78 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.78 billion while shareholder equity stood at $4.89 billion.

Arista Networks ended 2024 with $42000.00 in deferred long-term liabilities, $1.29 billion in other current liabilities, 31000.00 in common stock, $3.14 billion in retained earnings and $265.92 million in goodwill. Its cash balance stood at $671.71 million and cash and short-term investments were $3.02 billion. The company’s total short-term debt was $0 while long-term debt stood at $0.

Arista Networks’s total current assets stands at $5.55 billion while long-term investments were $39.47 million and short-term investments were $2.35 billion. Its net receivables were $923.10 million compared to accounts payable of $232.57 million and inventory worth $1.29 billion.

In 2024, Arista Networks's operating cash flow was $-82825000.00 while its capital expenditure stood at $10.46 million.

Comparatively, Arista Networks paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$189.03

52-Week High

$148.9

52-Week Low

$89.115

Analyst Target Price

$167.49

Arista Networks stock is currently trading at $189.03 per share. It touched a 52-week high of $148.9 and a 52-week low of $148.9. Analysts tracking the stock have a 12-month average target price of $167.49.

Its 50-day moving average was $176.89 and 200-day moving average was $151.45 The short ratio stood at 1.04 indicating a short percent outstanding of 0%.

Around 2296.2% of the company’s stock are held by insiders while 7150.2% are held by institutions.