Arista Networks is a computer hardware business based in the US. Arista Networks stocks (ANET.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $364.93 – an increase of 2.34% over the previous week. Arista Networks employs 2,613 staff and has a trailing 12-month revenue of around $2.6 billion.
How to buy Arista Networks stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: ANET in this case.
- Research Arista Networks stocks. The platform should provide the latest information available.
- Buy your Arista Networks stocks. It's that simple.
Is it a good time to buy Arista Networks stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Arista Networks?
- Has coronavirus impacted Arista Networks shares?
- Arista Networks shares summary
- Compare share dealing platforms
- Is Arista Networks stock a buy or sell?
- Arista Networks performance over time
- Can I short Arista Networks shares?
- Is Arista Networks suitable for ethical investing?
- Are Arista Networks shares over-valued?
- Arista Networks's financials
- How volatile are Arista Networks shares?
- Does Arista Networks pay a dividend?
- Other common questions
How has Coronavirus impacted Arista Networks's stock price?
Since the stock market crash in March caused by coronavirus, Arista Networks's stock price has had significant positive movement.
Its last market close was $359.13, which is 37.78% up on its pre-crash value of $223.46 and 129.29% up on the lowest point reached during the March crash when the stocks fell as low as $156.63.
If you had bought $1,000 worth of Arista Networks stocks at the start of February 2020, those stocks would have been worth $718.75 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,594.54.
Arista Networks stock priceUse our graph to track the performance of ANET stocks over time.
Arista Networks stocks at a glance
|Latest market close||$359.13|
|52-week range||$192.96 - $384|
|50-day moving average||$368.3837|
|200-day moving average||$339.6916|
|Wall St. target price||$399.78|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$9.162|
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Note: The dollar amounts in the table below are in Canadian dollars.
Arista Networks price performance over time
|1 week (2021-09-09)||0.28%|
|1 month (2021-08-19)||-5.00%|
|3 months (2021-06-18)||-1.04%|
|6 months (2021-03-19)||25.91%|
|1 year (2020-09-18)||78.69%|
|2 years (2019-09-19)||47.11%|
|3 years (2018-09-19)||32.91%|
|5 years (2016-09-19)||337.80%|
Is Arista Networks under- or over-valued?
Valuing Arista Networks stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Arista Networks's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Arista Networks's P/E ratio
Arista Networks's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Arista Networks stocks trade at around 40x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that they're over-valued.
Arista Networks's PEG ratio
Arista Networks's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.2992. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Arista Networks's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
Arista Networks's EBITDA
Arista Networks's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$855.7 million.
The EBITDA is a measure of a Arista Networks's overall financial performance and is widely used to measure a its profitability.
Arista Networks financials
|Revenue TTM||USD$2.6 billion|
|Operating margin TTM||30.7%|
|Gross profit TTM||USD$1.5 billion|
|Return on assets TTM||10.57%|
|Return on equity TTM||21.64%|
|Market capitalisation||USD$28 billion|
TTM: trailing 12 months
How to short and sell Arista Networks stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "ANET.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 1.4 million Arista Networks stocks held short by investors – that's known as Arista Networks's "short interest". This figure is 0.7% down from 1.4 million last month.
There are a few different ways that this level of interest in shorting Arista Networks stocks can be evaluated.
Arista Networks's "short interest ratio" (SIR)
Arista Networks's "short interest ratio" (SIR) is the quantity of Arista Networks stocks currently shorted divided by the average quantity of Arista Networks stocks traded daily (recently around 370118.20652174). Arista Networks's SIR currently stands at 3.68. In other words for every 100,000 Arista Networks stocks traded daily on the market, roughly 3680 stocks are currently held short.
However Arista Networks's short interest can also be evaluated against the total number of Arista Networks stocks, or, against the total number of tradable Arista Networks stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Arista Networks's short interest could be expressed as 0.02% of the outstanding stocks (for every 100,000 Arista Networks stocks in existence, roughly 20 stocks are currently held short) or 0.0241% of the tradable stocks (for every 100,000 tradable Arista Networks stocks, roughly 24 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Arista Networks.
Find out more about how you can short Arista Networks stock.
Arista Networks's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Arista Networks.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Arista Networks's total ESG risk score
Total ESG risk: 20.62
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Arista Networks's overall score of 20.62 (as at 01/01/2019) is excellent – landing it in it in the 16th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Arista Networks is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Arista Networks's environmental score
Environmental score: 2.4/100
Arista Networks's environmental score of 2.4 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Arista Networks is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Arista Networks's social score
Social score: 10.06/100
Arista Networks's social score of 10.06 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Arista Networks is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Arista Networks's governance score
Governance score: 9.16/100
Arista Networks's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Arista Networks is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Arista Networks's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Arista Networks scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Arista Networks has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||20.62|
|Total ESG percentile||15.9|
|Environmental score percentile||4|
|Social score percentile||4|
|Governance score percentile||4|
|Level of controversy||2|
Arista Networks stock dividends
We're not expecting Arista Networks to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Arista Networks stock price volatility
Over the last 12 months, Arista Networks's stocks have ranged in value from as little as $192.96 up to $384. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Arista Networks's is 1.1468. This would suggest that Arista Networks's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Arista Networks overview
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
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