|Bid||267.71 x 900|
|Ask||267.87 x 800|
|Day's range||265.49 - 269.31|
|52-week range||177.92 - 313.37|
|PE ratio (TTM)||90.92|
|Earnings date||31 Oct 2018 - 5 Nov 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||296.28|
Arista Networks stock fell as Morgan Stanley downgraded the stock amid analyst debate over whether rival Cisco Systems will take share as internet customers upgrade to next-generation cloud computing technology.
Stocks that moved substantially or traded heavily Friday: Hibbett Sports Inc., down $8.87 to $20.53 The sporting goods retailer cut its annual forecasts after a weak second quarter. Gap Inc., down $2.79 ...
As of August 20, of the 19 analysts covering Nutanix (NTNX), 14 gave the stock a “buy” rating, while three provided a “hold” recommendation. One analyst each gave the stock an “overweight” and “sell” rating.
On August 20, Nutanix’s (NTNX) market capitalization stood at $9.2 billion. The market capitalization of IT players Splunk (SPLK), NetApp (NTAP), and Arista Networks (ANET) came in at $15 billion, $21.2 billion, and $20.1 billion, respectively.
Arista's (ANET) new cloud networking security solutions will enable enterprises to reduce operational costs and alleviate threats in the evolving cloud generation.
Of the 31 analysts tracking Cisco Systems (CSCO), 21 have recommended “buys,” ten have recommended “holds,” and none have recommended “sells” on the stock. Analysts’ 12-month average price target for Cisco is $49.56, and their median estimate is $50.00. Cisco is trading at a discount of 15.0% to analysts’ median estimate.
Cisco Systems’ (CSCO) Infrastructure business segment is the company’s largest segment and accounts for ~57% of its total revenue. This segment generates revenue from verticals including NGN (next-generation network) routing, wireless, data center, and switching. Cisco’s Infrastructure segment’s revenue fell 4% YoY (year-over-year) to $7 billion in the fiscal first quarter.
Arista Networks stock jumped after revealing it will pay $400 million to Cisco Systems to resolve a long-running legal fight between the two providers of networking equipment.
As part of the settlement process, Arista Networks (ANET) has agreed to enforce "certain limited changes" to its user interface for operation that has been the bone of contention.
Arista Networks Inc. agreed to pay Cisco Systems Inc. $400 million as part of a settlement that resolves much of the litigation between them. The companies have been battling in court for several years over intellectual property and antitrust claims. “Cisco and Arista have come to an agreement which resolves existing litigation and demonstrates their commitment to the principles of IP protection,” the companies said in a joint statement Monday.
The Nasdaq led gains in stocks today, and Apple reached a new all-time high. The stock is extended past a pair of recent new buy points.
The bulls relished big gains by Apple, which rose 9% for the week on strong quarterly results. It helped guide the Nasdaq composite to a weekly gain of 0.9%
The stock market was slightly higher after disappointing jobs gains. IBD 50 stock Nvidia faced a test of resistance at its 50-day line.
Despite bleak Q2 earnings, Altice's (ATUS) revenues increase 1.8% year over year driven by growth in Residential, Business Services and Advertising businesses.
The Santa Clara, California-based company said it had net income of $1.86 per share. Earnings, adjusted for one-time gains and costs, were $1.93 per share. The results beat Wall Street expectations. The ...
Arista Networks late Thursday reported second quarter earnings and revenue that topped views and forecast September quarter sales slightly above analyst estimates. Arista stock slipped up in late trades.