Arista Networks (ANET) earnings: expect 26% revenue growth

1:13 pm ET, 01 May 2019

Arista Networks, Inc. (ANET) is announcing earnings on May 02, after the market closes. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $594M, which implies 26% growth rate year-over-year.

Earnings per share are expected to come in at $2.07. If this materializes, EPS will grow 25% year-over-year.

How did the stock do last month?

Over the last month, Arista Networks (ANET) returned +3.42%.

How is the stock valued?

Arista Networks (ANET) forward P/E ratio is 29.94, and it’s high compared to its industry peers’ P/E ratio.

What do analysts say about the stock?

Arista Networks (ANET) average analyst price target is -4.61% below its current price ($312.29).

For the latest price and information on Arista Networks, Inc., please visit Finstead and ask for "ANET", "ANET analysis" or "ANET news".

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Arista Networks, Inc. (ANET) Stock Guide

Updated at: 11:02 am ET, 17 Sep 2020

Before we start: if you're looking for ANET stock price, you can quickly find it out by visiting Finny and typing "ANET quote". If you're looking for a quick scoop on ANET stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "ANET". You'll get all this info in one place. Or you can just type "ANET news" to get the latest stock news.

Looking to buy or sell Arista Networks, Inc. (ANET)? Interested in getting the full scoop on ANET, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this ANET stock guide, we'll address key questions about ANET, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are ANET earnings?
2. What is ANET stock forecast (i.e., prediction)?
3. ANET buy or sell? What is ANET Finny Score?
4. What are the reasons to buy ANET? Why should I buy ANET stock?
5. What are the reasons to sell ANET? Why should I sell ANET stock?
6. What are ANET key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are ANET earnings?

ANET trailing 12-month earnings per share (EPS) is $9.40.

Analyst Predictions

2. What is ANET stock forecast (i.e., prediction)?

Based on ANET analyst price targets, ANET stock forecast is $243.05 (for a year from now). That means the average analyst price target for ANET stock is $243.05. The prediction is based on 25 analyst estimates.

The low price target for ANET is $148.00, while the high price target is $297.00.

ANET analyst rating is Buy.

Analysis

3. ANET buy or sell? What is ANET Finny Score?

#{finnyScore:50}Our quantitative analysis shows 4 reasons to buy and 4 reasons to sell ANET, resulting in Finny Score of 50.

4. What are the reasons to buy ANET? Why should I buy ANET stock?

Here are the reasons to buy ANET stock:

5. What are the reasons to sell ANET? Why should I sell ANET stock?

Let's look at the reasons to sell ANET stock (i.e., the bear case):

  • ANET quarterly revenue growth was -11.10%, lower than the industry and sector average revenue growth (0.32% and 0.89%, respectively). See ANET revenue growth chart.
  • ANET profitability is declining. The YoY profit margin change was -10.47 percentage points. See ANET profitability chart.
  • ANET short share of float is 7.14%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See ANET short share of float chart.
  • ANET short interest (days to cover the shorts) ratio is 4.01. The stock garners more short interest than the average industry, sector or S&P 500 stock. See ANET short interest ratio chart.

Key Stats

6. What are ANET key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for ANET:

Metrics ANET
Price $204.93
Average Price Target / Upside $243.05 / 18.60%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Computer Systems
Sector Technology
Number of Employees 2,300
Market Cap $17.04B
Forward P/E Ratio 23.17
Price/Book Ratio 7.5
Revenue (TTM) $2.27B
YoY Quarterly Revenue Growth -11.10%
Profit Margin 33.16%

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