ANET:NYE-Arista Networks Inc. (USD)

EQUITY | Computer Hardware | New York Stock Exchange

Last Closing

USD 288.41

Change

-9.42 (-3.16)%

Market Cap

USD 6.66B

Volume

3.20M

Analyst Target

USD 243.68
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Arista Networks Inc with its subsidiaries is a supplier of cloud networking solutions that use software innovations to address the needs of large-scale Internet companies, cloud service providers and next-generation enterprise.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Computer Hardware

Symbol Name Price(Change) Market Cap
DELL Dell Technologies Inc

+0.15 (+0.12%)

USD 81.99B
HPQ HP Inc

-0.13 (-0.46%)

USD 27.21B
PSTG Pure Storage Inc

+0.73 (+1.40%)

USD 16.07B
IONQ IONQ Inc

+0.79 (+9.66%)

USD 1.48B
DDD 3D Systems Corporation

N/A

USD 0.54B
DM Desktop Metal Inc

N/A

USD 0.28B
QBTS DPCM Capital Inc

-0.04 (-2.70%)

USD 0.26B
MKFG Markforged Holding Corp

-0.01 (-1.16%)

USD 0.14B
VLD Velo3D Inc

+0.01 (+2.96%)

USD 0.07B
HYI Western Asset High Yield Defin..

+0.05 (+0.43%)

USD 0.02B

ETFs Containing ANET

TECI:CA TD Global Technology Inno.. 5.67 % 0.00 %

N/A

CAD 6.40M
IDGT iShares Trust - iShares U.. 5.04 % 0.00 %

+0.53 (+0%)

USD 0.05B
SKYU:LSE First Trust Cloud Computi.. 3.89 % 0.00 %

+1.00 (+0%)

USD 0.37B
SKYE:XETRA First Trust Cloud Computi.. 3.89 % 0.00 %

+1.11 (+0%)

USD 0.37B
DIGI:LSE Digital Infrastructure an.. 3.73 % 0.00 %

+0.14 (+0%)

USD 0.02B
PIGI:LSE Digital Infrastructure an.. 3.73 % 0.00 %

+16.45 (+0%)

USD 0.02B
DIGI:XETRA Digital Infrastructure an.. 3.73 % 0.00 %

+0.17 (+0%)

USD 0.02B
DIGI:PA Digital Infrastructure an.. 3.70 % 0.00 %

+0.17 (+0%)

USD 0.02B
DIGI:SW Digital Infrastructure an.. 3.70 % 0.00 %

+0.05 (+0%)

USD 0.02B
SKYU ProShares Ultra Cloud Com.. 3.19 % 0.00 %

+0.73 (+0%)

USD 3.12M
FDND 3.14 % 0.00 %

N/A

N/A
FDN First Trust Dow Jones Int.. 2.94 % 0.52 %

+5.02 (+0%)

USD 5.80B
IDAT Ishares Trust - Cloud Dat.. 2.83 % 0.00 %

+0.39 (+0%)

USD 6.49M
EBUY:LSE Lyxor Index Fund - Lyxor .. 2.77 % 0.00 %

+0.36 (+0%)

USD 0.21B
DIGE:LSE Lyxor Index Fund - Lyxor .. 2.77 % 0.00 %

+0.43 (+0%)

USD 0.20B
EBUY:PA Lyxor Index Fund - Lyxor .. 2.60 % 0.00 %

+0.40 (+0%)

N/A
EBUY:SW Lyxor Index Fund - Lyxor .. 2.60 % 0.00 %

+0.07 (+0%)

USD 0.20B
SHLG:LSE iShares Digital Security .. 2.48 % 0.00 %

+0.13 (+0%)

USD 0.14B
LOCK:SW iShares Digital Security .. 2.28 % 0.00 %

+0.10 (+0%)

N/A
WEBL Direxion Daily Dow Jones .. 2.16 % 0.00 %

+1.22 (+0%)

USD 0.15B
AIAI:SW L&G Artificial Intelligen.. 2.10 % 0.00 %

+0.38 (+0%)

USD 0.67B
RSPT Invesco S&P 500® Equal.. 1.63 % 0.00 %

+0.29 (+0%)

USD 3.97B
NXTG First Trust NASDAQ Smartp.. 1.52 % 0.70 %

+0.42 (+0%)

USD 0.39B
WELE:XETRA Amundi S&P 500 Equal Weig.. 0.66 % 0.00 %

+0.13 (+0%)

USD 1.17B
JPLG:LSE JPM Global Equity Multi-F.. 0.36 % 0.00 %

+20.50 (+0%)

USD 0.10B
JPGL:SW JPM Global Equity Multi-F.. 0.36 % 0.00 %

-0.03 (0%)

N/A
FAD First Trust Multi Cap Gro.. 0.00 % 0.69 %

+1.17 (+0%)

USD 0.19B
FEX First Trust Large Cap Cor.. 0.00 % 0.61 %

+0.25 (+0%)

USD 1.17B
FTC First Trust Large Cap Gro.. 0.00 % 0.61 %

+1.00 (+0%)

USD 1.11B
IGN 0.00 % 0.46 %

N/A

N/A
IYZ 0.00 % 0.42 %

N/A

N/A
MTK 0.00 % 0.35 %

N/A

N/A
NORW Global X MSCI Norway ETF 0.00 % 0.50 %

-0.09 (0%)

USD 0.05B
PTF Invesco DWA Technology Mo.. 0.00 % 0.60 %

+1.06 (+0%)

USD 0.38B
LOUP Innovator Loup Frontier T.. 0.00 % 0.70 %

+0.75 (+0%)

USD 0.05B
FIVG Defiance 5G Next Gen Conn.. 0.00 % 0.00 %

+0.38 (+0%)

USD 0.52B
RPG Invesco S&P 500® Pure Gr.. 0.00 % 0.35 %

+0.41 (+0%)

USD 1.51B
SKYY First Trust Cloud Computi.. 0.00 % 0.60 %

+1.37 (+0%)

USD 3.17B
VMO:CA Vanguard Global Momentum .. 0.00 % 0.40 %

+0.56 (+0%)

CAD 0.13B
BIBL Northern Lights Fund Trus.. 0.00 % 0.35 %

+0.19 (+0%)

USD 0.37B
CHGX Change Finance Diversifie.. 0.00 % 0.64 %

+0.22 (+0%)

USD 0.13B
ENTR ERShares Entrepreneurs ET.. 0.00 % 0.49 %

+0.44 (+0%)

USD 0.08B
FDN:LSE First Trust Dow Jones Int.. 0.00 % 0.00 %

+79.00 (+0%)

USD 0.04B
FSKY:LSE First Trust Cloud Computi.. 0.00 % 0.00 %

+90.00 (+0%)

USD 0.37B
LOCK:LSE iShares Digital Security .. 0.00 % 0.00 %

+0.12 (+0%)

USD 1.64B
SHLD:LSE iShares IV Public Limited.. 0.00 % 0.00 %

+0.14 (+0%)

USD 0.14B
SKYP:LSE 0.00 % 0.00 %

N/A

N/A
SKYY:LSE 0.00 % 0.00 %

N/A

N/A
FDNU:LSE First Trust Dow Jones Int.. 0.00 % 0.00 %

+0.97 (+0%)

USD 0.04B
IS4S:F iShares Digital Security .. 0.00 % 0.00 %

+0.12 (+0%)

USD 1.56B
IS4S:XETRA iShares Digital Security .. 0.00 % 0.00 %

+0.15 (+0%)

USD 1.56B
L0CK:XETRA iShares Digital Security .. 0.00 % 0.00 %

+0.14 (+0%)

USD 1.63B
JPGL:LSE JPM Global Equity Multi-F.. 0.00 % 0.00 %

+0.19 (+0%)

USD 0.17B
EBUY:XETRA Lyxor Index Fund - Lyxor .. 0.00 % 0.00 %

+0.42 (+0%)

USD 0.21B
EBUY:F Lyxor Index Fund - Lyxor .. 0.00 % 0.00 %

+0.37 (+0%)

USD 0.21B
JPGL:F JPmorgan ETFs Ireland Ica.. 0.00 % 0.00 %

+0.28 (+0%)

USD 0.17B

Market Performance

  Market Performance vs. Industry/Classification (Computer Hardware) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 22.46% 77% C+ 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 22.46% 77% C+ 93% A
Trailing 12 Months  
Capital Gain 77.48% 67% D+ 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 77.48% 67% D+ 95% A
Trailing 5 Years  
Capital Gain -8.28% 57% F 35% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -8.28% 43% F 21% F
Average Annual (5 Year Horizon)  
Capital Gain 13.39% 50% F 79% B-
Dividend Return 13.39% 50% F 76% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 55.77% 50% F 16% F
Risk Adjusted Return 24.01% 50% F 49% F
Market Capitalization 6.66B 100% F 98% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Computer Hardware) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 41.10 22% 14%
Price/Book Ratio 12.90 17% 5%
Price / Cash Flow Ratio 44.02 8% 5%
Price/Free Cash Flow Ratio 38.11 15% 5%
Management Effectiveness  
Return on Equity 34.49% 92% 93%
Return on Invested Capital 31.76% 83% 94%
Return on Assets 16.91% 100% 98%
Debt to Equity Ratio N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.