In the past week, ANET stock has gone up by 4.02%, with a monthly gain of 11.51% and a quarterly surge of 18.77%. The volatility ratio for the week is 2.64%, and the volatility levels for the last 30 days are 3.52% for Arista Networks Inc The simple moving average for the past 20 days is 5.58% for ANET’s stock, with a 33.35% simple moving average for the past 200 days.
Is It Worth Investing in Arista Networks Inc (NYSE: ANET) Right Now?
The price-to-earnings ratio for Arista Networks Inc (NYSE: ANET) is above average at 56.44x. The 36-month beta value for ANET is also noteworthy at 1.09. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 7 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
The public float for ANET is 1.03B, and at present, short sellers hold a 1.32% of that float. The average trading volume of ANET on January 06, 2025 was 7.38M shares.
ANET) stock’s latest price update
Arista Networks Inc (NYSE: ANET) has seen a rise in its stock price by 2.06 in relation to its previous close of 115.20. However, the company has experienced a 4.02% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-03 that ANET appears to be treading in the middle of the road and investors could be better off if they trade with caution.
Analysts’ Opinion of ANET
Many brokerage firms have already submitted their reports for ANET stocks, with Citigroup repeating the rating for ANET by listing it as a “Buy.” The predicted price for ANET in the upcoming period, according to Citigroup is $385 based on the research report published on June 27, 2024 of the previous year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see ANET reach a price target of $320, previously predicting the price at $240. The rating they have provided for ANET stocks is “Buy” according to the report published on May 03rd, 2024.
Rosenblatt gave a rating of “Sell” to ANET, setting the target price at $210 in the report published on April 12th of the previous year.
ANET Trading at 12.49% from the 50-Day Moving Average
After a stumble in the market that brought ANET to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.54% of gains for the given period.
Volatility was left at 3.52%, however, over the last 30 days, the volatility rate increased by 2.64%, as shares surge +10.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.31% upper at present.
During the last 5 trading sessions, ANET rose by +4.86%, which changed the moving average for the period of 200-days by +59.85% in comparison to the 20-day moving average, which settled at $111.40. In addition, Arista Networks Inc saw 6.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ANET starting from Charles Giancarlo, who proposed sale 32,000 shares at the price of $110.41 back on Jan 02 ’25. After this action, Charles Giancarlo now owns shares of Arista Networks Inc, valued at $3,532,960 using the latest closing price.
McCool John F, the Chief Platform Officer of Arista Networks Inc, sale 288 shares at $108.70 during a trade that took place back on Dec 09 ’24, which means that McCool John F is holding 0 shares at $31,306 based on the most recent closing price.
Stock Fundamentals for ANET
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.64 for the gross margin
The net margin for Arista Networks Inc stands at 0.4. The total capital return value is set at 0.27. Equity return is now at value 33.83, with 24.32 for asset returns.
Currently, EBITDA for the company is 2.33 billion with net debt to EBITDA at -1.12. When we switch over and look at the enterprise to sales, we see a ratio of 22.06. The receivables turnover for the company is 5.85for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.47.
Conclusion
In summary, Arista Networks Inc (ANET) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
