ANET - Arista Networks, Inc.

NYSE - NYSE Delayed Price. Currency in USD
239.08
-1.89 (-0.78%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close240.97
Open238.77
Bid238.47 x 1200
Ask238.77 x 1000
Day's Range235.59 - 239.99
52 Week Range187.08 - 331.27
Volume438,845
Avg. Volume738,493
Market Cap18.324B
Beta (3Y Monthly)1.91
PE Ratio (TTM)27.69
EPS (TTM)8.64
Earnings DateOct 31, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est283.85
Trade prices are not sourced from all markets
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  • 3 ‘Perfect 10’ Stocks That Could Win Big
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    3 ‘Perfect 10’ Stocks That Could Win Big

    US-China trade talks resumed on Thursday, and on Friday President Trump announced a preliminary agreement outlining Phase I of a potential trade deal. The outline includes ramped-up Chinese purchase of US agricultural products and US cancellation of new tariffs planned for October 15. The news made an immediate impact on the markets, with the Dow Jones jumping 320 points on by Friday’s close, and the S&P 500 adding a 1.1% gain of 32 points.So, markets are looking up after two volatile weeks, and investors want to know the best places to put their money. TipRanks has the guide you need to find the right stocks to buy, in the Smart Score tool. The Smart Score uses a multi-factor analysis to rate every stock in the market, taking data from insider opinions, hedge fund activity, news sentiment, and technical and fundamental analyses. The result is distilled to a single number on a rising scale of 1 to 10, making it simple and intuitive to use.Using the Smart Score filters, we’ve picked out three stocks with perfect 10 scores and Buy ratings that are ready to rise with today’s markets.PagSeguro Digital (PAGS)For investors in the US markets, Brazil’s banking industry may not be the first sector that comes to mind when considering profits. PagSeguro, however, is not a typical component of the banking industry. It’s an online e-commerce payment service, catering to commercial clients primarily among Brazil’s banks, but also internationally. It’s a successful niche; PagSeguro’s stock is up an eye-catching 143% year-to-date.Taking a close look at the Smart Score, we see that the technical factors are positive. PAGS’s return on equity is a healthy 17.67%. Hedge fund activity on this stock is rising, with the major funds increasing their holdings by more than 330,000 shares in the last quarter. Finally, the financial bloggers are bullish on PAGS, with the positive sentiment at 80%, well above the sector average of 65%.The stock’s market performance and future potential have gained the notice of Wall Street’s analysts. Writing from JPMorgan, Domingos Falavina notes the company’s drive to expand services beyond the core niche of Brazilian banks to international commercial clients, saying, “PagSeguro disclosed its banking initiative already has 1.4mn clients. Some of those clients are micro merchants and existed preceding the retail initiative launched mid-May; others however are new net adds from May launch. We estimate consumer retail clients will reach ~3mn by YE 2020 and we attribute an economic value to them of~$1k/client.”He sums up his stance on PAGS by saying, “PagSeguro will leverage on strong brand value to now successfully deliver a banking solution to the long tail of retail customers.” In line with his upbeat outlook on the stock, Falavina raised his price target by 50%, from $40 to $60. His new price target suggests an upside potential of about 30% to PAGS stock. (To watch Falavina'a track record, click here)Moving on to Deutsche Bank’s Bryan Keane who met the company’s CEO Ricardo Dutra da Silva at an industry conference in Las Vegas. After speaking with the CEO, Keane wrote, “Since going public and despite the increase in competitors, Mr. Dutra’s belief that micro-merchants are not price sensitive to merchant discount rates (MDRs) has been confirmed… Highlighting the health of the business, we believe net merchant adds are running ahead of plan and that guidance for ~1m in FY19 will ultimately prove conservative.” He sees a bullish future for PAGS, and sets a $57 price target, describing the company’s strategy as "winning."Overall, the two most recent analyst reviews on PAGS are Buy ratings, making the stock an overall Moderate Buy on TipRanks. Shares are trading for $45.68, and have an average price target of $58.50, making the upside potential a healthy 28%. (See PagSeguro stock analysis on TipRanks)Arista Networks (ANET)Arista is a mid-cap networking company out of Silicon Valley. Arista produces multilayer network switches and software-defined networking in the cloud computing and datacenter sectors. The company’s products are found in the high-performance computing and high-frequency trading environments, and run on a company-designed Linux-based operating system.The high-end networking niche brought Arista $328 million in profit last year, on more than $2.15 billion in revenues. Better yet, Arista has beaten quarterly earnings expectations in every report for the last two years. In the most recent report, for Q2 released, the company’s $2.20 EPS beat the forecast by 11%.The Smart Score reflects this underlying strength. Return on equity is up 34.33%, and the asset growth is up 21.51%. More importantly, the sentiment on this stock is bullish News sentiment, which measures the stock’s standing in journalistic coverage, is 100% bullish, while the bloggers sentiment comes in at 91%.A profitable niche in the computer networking industry, and a history of beating the earnings forecasts, have earned ANET accolades from some of the Street’s top analysts. 5-star Cowen analyst Paul Silverstein gave this stock a $295 price target after attending investor meetings with the company CFO. In support of his high price target, Silverstein wrote, “Arista should continue to benefit from an ongoing data center upgrade. Arista’s high-performance EOS has proved to be a significant competitive differentiator, delivering ease, speed and agility of application and service provisioning. Arista also enjoys a management team that has a demonstrated ability to open doors and close deals.”James Fish, a 4-star analyst with Piper Jaffray, reiterated his Buy rating on ANET last week. In his previous comments on the stock, he pointed out, “Arista is furthest along in the contribution of software to its business relative to peers, and the updates likely create further adoption… Arista has only penetrated ~10% of its installed base with CloudVision, leaving a large opportunity ahead… We believe Arista remains best-in-class for datacenter switching.” Fish’s $272 target indicates a potential for 15% upside to ANET.Overall, this stock has a Moderate Buy from the analyst consensus. This is based on 12 ratings given in the last three months, including 7 "buys" and 5 "holds." Shares are selling for $236, and the average price target of $279 implies room for an 19% upside. (See Arista stock analysis on TipRanks)ConocoPhillips (COP)With our third ‘perfect 10’ stock, we enter the energy market. ConocoPhillips is an old name in the oil industry, and stands as the largest exploration and production company in the petroleum sector. COP showed 2018 revenue of $38.727 billion, and generated net profits of $6.257 billion. The company beat earnings expectations in 3 of the last 4 quarters. Impressively, COP has managed this despite crude oil prices dropping over the past six months.Turning to the Smart Score, COP shows some impressive stats. Blogger opinion is 88% bullish, and news sentiment is 100% bullish. In the fundamentals, the 12-month return on equity is 22.28%, and the asset growth is 3.37%. The most impressive mark, however, comes from the hedge fund activity; the major funds purchased over 4 million shares of COP in the second quarter of 2019.For income-minded investors, COP offers a newly increased dividend and a commitment to boosting share value. The company this month announced a 38% increase to the dividend, making the quarterly payment 42 cents per share and bumping the annual yield to 3.1%. For comparison, the average dividend yield on the S$P 500 is 2%. Despite the drop in oil prices, COP has $12 billion in liquid assets to back up the announced $3 billion in share buybacks for 2020.UBS analyst Lloyd Byrne is impressed with COP’s performance. He reiterated his Buy rating, saying, “We think COP is taking the right steps to attract the generalist: a stable business model with visibility that focuses on returns on capital, and returning excess cash flow to the shareholder… COP holds their investor day on Nov 19th and is expected to detail a 10-year outlook including a more detailed capital plan… We expect a plan that provides details into asset specific trajectories including Eagle Ford, Bakken, Delaware, international (Montney?) and Alaska assets.” In line with this optimistic outlook, Byrne put a $75 price target on the stock, suggesting an upside potential of 33%.Overall, COP holds a Strong Buy from the analyst consensus, with 5 "buys" and 1 "hold" ratings given in the past three months. Shares sell for $56.43 and have an average price target of $74, giving the stock room for about 30% upside. (See ConocoPhillips stock analysis on TipRanks)

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  • The Arista Networks (NYSE:ANET) Share Price Has Gained 193%, So Why Not Pay It Some Attention?
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  • MarketWatch

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    Arista Networks Inc. is among the biggest decliners in the S&P 500 in Thursday morning trading after Instinet analyst Jeffrey Kvaal cut his rating on the networking stock to neutral from buy, warning that the company's recovery may be protracted. The company is up against difficult comparisons for the second half of 2020 and could lose share in the webscale business in the second half of 2020, he wrote. Accelerating share gains in the enterprise business only partially offset those trends, in Kvaal's view. There's "too much turbulence for now for this long-term share gainer," he concluded. Arista's stock is off more than 4% in Thursday trading, and it's down 18% over the past three months. The S&P 500 has lost 3.5% in that time.

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  • Buy Cisco Stock for the Bargain, Stick With it for the Stability
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    Buy Cisco Stock for the Bargain, Stick With it for the Stability

    More than once over the past couple of decades, networking giant Cisco Systems (NASDAQ:CSCO) has been lumped in with other hardware stocks, and rightfully so. For the better part of its existence, Cisco stock has been an investment in networking hardware. Its business has been mostly dependent on enterprise-level IT upgrades.Source: Valeriya Zankovych / Shutterstock.com As the underlying technologies have changed, however, so too have Cisco's opportunities. It's still a hardware name to be sure, but it's also a software name. It's even becoming a recurring revenue platform.This paradigm shift didn't even come close to staving off a huge setback in August. CSCO stock fell from its July peak near $58 to last month's low around $46, with most of the selloff sparked by lackluster guidance for the quarter now underway. Headwinds in China also concerned shareholders.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe dip is ultimately an opportunity to step into a misunderstood and undervalued name. CSCO Stock Undervalued, UnderappreciatedThe post-earnings response was understandable.Cisco stock was already fighting a losing battle, peeling back from its July peak after announcing its intent to acquire Acacia Communications (NASDAQ:ACIA). Despite topping earnings and revenue estimates for the three-month stretch ending in July and pumping up the top line by 6%, earnings guidance of between 80 and 82 cents per share for its first fiscal quarter of 2020 wasn't the 83 cents analysts were modeling. Sales growth could also be flat for the quarter underway, following a 25% tumble in the previous quarter's China-driven revenue. Though the top end of Cisco's guidance was 2%, it was still short of consensus projections of 2.5%. * 7 Best Tech Stocks to Buy Right Now The steep 20% selloff, however, largely ignores the fact that Cisco stock is now trading at 18.7 times its trailing earnings and only 13.6 times its forward-looking income.There are cheaper stocks out there, but there aren't cheaper stocks out there like CSCO. Indeed, even the usual valuation measures don't apply without a footnote. In this case that footnote is $33.4 billion worth of liquid assets or outright cash sitting on Cisco's balance sheet, versus its market cap of $201 billion.The valuation also doesn't reflect the fact that, although it's been occasionally uneven thanks to new competition from the likes of Juniper Networks (NYSE:JNPR) and Arista Networks (NYSE:ANET), Cisco hasn't failed to produce some level of profit in any quarter for over a decade. That includes the 2008 recession prodded by the subprime mortgage meltdown.And that reliability is only poised to improve. Cisco Embraces SubscriptionsThe company has arguably touted the idea more than it's mattered yet. Nevertheless, recurring revenue is a key part of its new business model.For the record, it's actually been a piece of the Cisco strategy as far back as 2017. That's when the tech giant launched its first-ever subscription-based product leveraging its Catalyst 9000 networking platform. But, CEO Chuck Robbins explained in March that recurring revenue should make up 30% of the company's total business within the next three years.To that end, as of the recently ended quarter, software subscriptions made up 70% of total software revenue. Applications and services only accounted for a little more than one-third of Cisco's total business.It's not clear if the company's fiscal trajectory is on pace to reach the goal. The paradigm shift within the technology arena favors Cisco exceeding that goal rather than falling short of it.One only has to look at the evolution of cloud computing to see renting rather than owning is the new norm. Amazon (NASDAQ:AMZN) has built a multi-billion dollar business on the premise of providing access to remote servers to organizations that don't want a giant server bank on-site, or can't afford the cash needed to outright buy a data center.Cybersecurity service provider FireEye (NASDAQ:FEYE) has taken the idea a step further. It provides an entire suite of cloud-based digital security solutions that in the past would have been installed on-premise. Its customers enjoy the fact that for a small recurring fee, their service providers keep that cloud-based software, service and storage up-to-date.Amazon and FireEye like the fact that the underlying contracts make for predictable revenue.The trend dovetails nicely into Cisco's relatively new software-based routing platforms like its SD-WAN, which automatically remain up-to-date and secure without any major maintenance needed on the user's end. In the past, major improvements may have required a much more expensive purchase of new hardware. The Bottom Line for Cisco StockIt's all still a work in progress making it difficult to pinpoint where Cisco will be three years from now. Indeed, it's difficult to say where the company will be one year from now. To the extent its risk and potential can be weighed, however, Cisco stock looks like a buy-worthy bargain here.Headlines spurred an emotional response last month, which resulted in a knee-jerk selloff. Weakness in China didn't help in that regard. A closer inspection of the numbers would have made clear that Asia still only accounts for 15% of total revenue.Either way, with a potential end to the tariff war looming at the same time the company is just getting very, very good at revenue-steadying subscriptions, this beaten-down iconic name just might make for a decent addition to most portfolios.As of this writing, James Brumley held a long position in FireEye. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post Buy Cisco Stock for the Bargain, Stick With it for the Stability appeared first on InvestorPlace.

  • Cisco Stock May Go Nowhere for a While
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    Cisco Stock May Go Nowhere for a While

    Cisco (NASDAQ:CSCO) stock was having a fairly good year -- until a couple weeks ago. Cisco's fiscal fourth quarter earnings report had some ominous details. The result was that CSCO stock had its biggest drop in about six years -- 8.6%. Cisco stock also fell ahead of earnings, for a total drop of 12.3% in two sessions.Source: Ken Wolter / Shutterstock.com Since then, the shares have remained depressed, even though the overall markets have staged a nice rally. * 10 Stocks to Buy for September So let's take a look at the quarter. On the positive side of things, CSCO reported its strongest growth on the top line in about six years, with revenues up 6% to $13.4 billion. There was actually strength across all the main businesses like switches, routers and other networking equipment. The security unit also remained strong, with sales up about 14% to $714 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the meantime, CSCO continues to invest heavily in its M&A. The biggest deal was for Acacia Communications (NASDAQ:ACIA), for $2.6 billion. The company is a fabless semiconductor operator that is focused on high-speed interconnect offerings. The deal certainly looks like a synergistic fit and should help with growth.There have also been a variety of smaller deals. For example, Cisco has acquired Voicea, which has a real-time transcription service for meetings. Then there was the acquisition of CloudCherry, a provider of technology for customer experience management. At the core of this is advanced predictive analytics and machine learning. So What Was the Bad News?Okay, so why did Wall Street sell off Cisco stock? Well, the guidance was not encouraging. The current quarter is likely to see revenue growth of 0% to 2%, while the Street was looking for 3% (the company does not provide full-year guidance). CSCO also expects earnings to be below forecasts.As the global economy has come under pressure, Oracle's sales to service providers have decelerated. Let's face it, such purchases can easily be delayed whenever there is economic uncertainty. Keep in mind that other suppliers of large technology equipment -- like NetApp (NASDAQ:NTAP) -- have also reported disappointing results.For CSCO, there could be further problems as competitors like Arista Networks (NYSE:ANET) and Hewlett Packard Enterprise (NYSE:HPE) get more aggressive on pricing to pick up new customers In other words, Cisco's margins could be vulnerable.Next, the situation in China remains a nagging issue. On the earnings call, Cisco CEO Chuck Robbins noted that sales to providers in the country have taken a big hit (down a grueling 25%). Note that it appears that the company is not even being invited to bid on new projects!It's not clear how long this will last. But given that there has been little substantive progress on trade talks, the problems in China could persist for some time. Bottom Line on Cisco StockWith the drop-off in Cisco stock, the valuation is now at reasonable levels. Consider that the forward price-to-earnings ratio is at roughly 13x. The dividend is also an attractive 3%. This is actually among one of the highest in the tech industry.CSCO also should continue to generate strong cash flows. For fiscal 2019, they came to a hefty $15.8 billion, up 16% on a year-over-year basis. There is about $33.4 billion in the bank.So for now, there may be a floor on CSCO stock, as the bad news seems to be factored in. On the other hand though, this does not mean there will be much upside either from current levels. There are few headwinds on the horizon. Rather, with the global economy in flux, there could easily be some more negative surprises. * 7 Best Tech Stocks to Buy Right Now So for the time being, there should be no rush to get into CSCO stock.Tom Taulli is the author of the book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Best Tech Stocks to Buy Right Now * 10 Mid-Cap Stocks to Buy * 8 Precious Metals Stocks to Mine For The post Cisco Stock May Go Nowhere for a While appeared first on InvestorPlace.

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