Arista Networks Inc
ANET
Delayed Nyse - 12/15 10:01:08 pm
231.03USD
+1.9%

The technical configuration is positive

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Anas Lozach
Analyst

Strategy published on : 12/07/2017 | 14:06

long trade
Live

Entry price : 214.5$
Target : 235$
Stop-loss : 201.8$
Potential : 9.56%

The timing appears opportune to go long in shares of Arista Networks Inc as we anticipate another pick-up in the underlying trend.
Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● The company has solid fundamentals for a short-term investment strategy.


Strengths

● The prospective high growth for the next fiscal years is among the main assets of the company

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Historically, the company has been releasing figures that are above expectations.

● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The stock is in a well-established, long-term rising trend above the technical support level at 148.77 USD


Weaknesses

● Based on current prices, the company has particularly high valuation levels.

● With an expected P/E ratio at 40.67 and 38.22 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

Zonebourse.com 2017
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