EPS for Arista Networks, Inc. (ANET) Expected At $1.50

July 11, 2018 - By Pete Kolinski

Arista Networks, Inc. (NYSE:ANET) Logo

Analysts expect Arista Networks, Inc. (NYSE:ANET) to report $1.50 EPS on August, 2.They anticipate $0.40 EPS change or 36.36 % from last quarter’s $1.1 EPS. ANET’s profit would be $111.59 million giving it 44.89 P/E if the $1.50 EPS is correct. After having $1.52 EPS previously, Arista Networks, Inc.’s analysts see -1.32 % EPS growth. The stock increased 0.29% or $0.77 during the last trading session, reaching $269.32. About 385,695 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 72.73% since July 12, 2017 and is uptrending. It has outperformed by 60.16% the S&P500.

Arista Networks, Inc. (NYSE:ANET) Ratings Coverage

Among 21 analysts covering Arista Networks (NYSE:ANET), 10 have Buy rating, 1 Sell and 10 Hold. Therefore 48% are positive. Arista Networks had 31 analyst reports since January 18, 2018 according to SRatingsIntel. PiperJaffray upgraded Arista Networks, Inc. (NYSE:ANET) on Monday, July 9 to “Overweight” rating. The stock has “Buy” rating by Morgan Stanley on Tuesday, May 8. The company was maintained on Friday, February 16 by KeyBanc Capital Markets. The stock has “Hold” rating by BMO Capital Markets on Wednesday, February 21. The firm earned “Hold” rating on Friday, February 16 by Gabelli. Jefferies maintained it with “Hold” rating and $224.0 target in Friday, February 16 report. The firm has “Buy” rating by Goldman Sachs given on Tuesday, February 6. The firm has “Buy” rating given on Wednesday, January 24 by Citigroup. The stock has “Sell” rating by Deutsche Bank on Friday, May 4. The firm has “Buy” rating by Citigroup given on Friday, March 9.

Arista Networks, Inc. supplies cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has market cap of $20.04 billion. The company??s cloud networking solutions consist of its Extensible Operating System and a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It has a 44.38 P/E ratio. 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.

More notable recent Arista Networks, Inc. (NYSE:ANET) news were published by: Streetinsider.com which released: “Nomura Warms To Arista Networks (ANET) After A HQ Visit” on June 12, 2018, also Seekingalpha.com with their article: “Arista: An Exceptional Company Priced For Highly Profitable Growth” published on July 03, 2018, Investorplace.com published: “Smart Plays in 2 Large-Cap Tech Stocks” on June 19, 2018. More interesting news about Arista Networks, Inc. (NYSE:ANET) were released by: Fool.com and their article: “Arista Networks Has a Shiny New Toy” published on June 20, 2018 as well as Benzinga.com‘s news article titled: “5 Reasons Why Arista Is Now Piper Jaffray’s No. 2 Networking Pick” with publication date: July 09, 2018.

Arista Networks, Inc. (NYSE:ANET) Ratings Chart

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