Arista Networks Inc (ANET, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Arista Networks Inc is a supplier of cloud networking solutions that use software innovations to address the needs of large-scale Internet companies, cloud service providers, and next-generation data centers for enterprise support. Arista Networks Inc has a market cap of $19.91 billion; its shares were traded at around $263.95 with a P/E ratio of 85.71 and P/S ratio of 10.31. Arista Networks Inc had annual average EBITDA growth of 49.20% over the past five years.
For the last quarter Arista Networks Inc reported a revenue of $563.3 million, compared with the revenue of $437.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.2 billion, an increase of 30.7% from last year. For the last five years Arista Networks Inc had an average revenue growth rate of 42.2% a year.
The reported diluted earnings per share was $4.06 for the year, a decline of 24.1% from the previous year. Over the last five years Arista Networks Inc had an EPS growth rate of 46% a year. The Arista Networks Inc enjoyed an operating margin of 31.53%, compared with the operating margin of 28.57% a year before. The 10-year historical median operating margin of Arista Networks Inc is 21.49%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, Arista Networks Inc has the cash and cash equivalents of $650.0 million, compared with $859.2 million in the previous year. The long term debt was $35.4 million, compared with $37.7 million in the previous year. The interest coverage to the debt is at a comfortable level of 251.1. Arista Networks Inc has a financial strength rank of 9 (out of 10).
At the current stock price of $263.95, Arista Networks Inc is traded at 28.2% premium to its historical median P/S valuation band of $205.90. The P/S ratio of the stock is 10.31, while the historical median P/S ratio is 8.04. The stock lost 14.29% during the past 12 months.
Directors and Officers Recent Trades:
- CTO and SVP Software Eng. Kenneth Duda sold 11,000 shares of ANET stock on 02/11/2019 at the average price of $229.04. The price of the stock has increased by 15.24% since.
- SVP and General Counsel Marc Taxay sold 2,000 shares of ANET stock on 02/01/2019 at the average price of $218.11. The price of the stock has increased by 21.02% since.
For the complete 20-year historical financial data of ANET, click here.
