Analyst Ratings for Arista Networks Inc. (ANET)Updated: 2017-07-28
Shares of Arista Networks Inc. (NYSE:ANET) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for ANET last month.
13 analysts declared ANET a buy, 0 gave an overweight rating, 16 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for ANET. The most optimistic analyst gave a price target of 185, implying potential capital gains of 23.14 percent. The most pessimistic analyst gave a price target of 120, implying potential capital losses of -20.13 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.86 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.38 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of ANET to grow at a rate of 6.59 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ANET has a PEG ratio of 7.39.
ANET has traded between a high of 162.97 and a low of 68.75 over the past year. Today's price is 118.52 percent above the 52-week low, and 7.81 percent lower than its 52-week high. ANET has a P/E ratio of 48.68. Investors typically compare the P/E ratio to a company's peers in the industry. The ANET value stock report compares ANET to some of its peers using value stock charts. The market cap of ANET is $10.95 billion. ANET's next earnings release will be on 0000-00-00, which is days away.