Arista Networks, Inc. (ANET) Stock

About Arista Networks, Inc.

Arista Networks, Inc. is a leading global technology firm that designs, promotes, and distributes innovative cloud networking solutions across the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions. Its comprehensive product portfolio features advanced extensible operating systems, a collection of powerful network applications, and high-performance gigabit Ethernet switching and routing hardware. The company also offers robust post-contract customer support, which includes technical assistance, hardware repairs, parts replacement beyond standard warranty, and critical bug fixes, patches, and upgrades. Arista serves a diverse clientele, encompassing major internet companies, telecommunication providers, financial services organizations, government agencies, and entities in the media and entertainment sectors. Its sales strategy involves multiple channels, utilizing distributors, system integrators, value-added resellers, original equipment manufacturer partners, and a dedicated direct sales force. Established in 2004 as Arastra, Inc., the company adopted the name Arista Networks, Inc. in October 2008 and is headquartered in Santa Clara, California.

Arista Networks, Inc. is led by CEO Jayshree V. Ullal, employs 4,412 people, headquartered in Santa Clara, US, publicly traded since 2014.

Arista Networks, Inc. (ANET) stock trades at $157.97 with a market capitalization of $198.91B. The stock is valued at a price-to-earnings (P/E) ratio of 48.72, price-to-book of 13.22, price-to-sales of 21.79. Over the past 52 weeks the stock has ranged between $85.58 and $188.56, and currently trades 16.2% below its 52-week high.

On profitability, Arista Networks, Inc. generates a return on equity (ROE) of 31.52% — well above the market average, a sign of a high-quality business, return on capital employed of 31.17%, an operating margin of 42.82%, a net profit margin of 38.32%.

In its most recent fiscal year, Arista Networks, Inc. reported annual revenue of $9.0B, net profit of $3.5B, revenue has compounded at 31.2% a year over the last five years, profit at 40.8% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.00 — a conservative balance sheet with little leverage risk, a current ratio of 3.05, total assets of $19.4B, $2.0B in cash and equivalents.

ANET has an average daily trading volume of 9,631,174 shares, a beta of 1.61 (more volatile than the overall market).

Official website: www.arista.com