Sumitomo Mitsui Trust Holdings Increases Stake in ARISTA Networks
January 9, 2023
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Arista Networks Intrinsic Value – Arista Networks ($NYSE:ANET) is a computer networking company that provides cloud networking solutions for large data centers and cloud computing environments. The company offers a range of products and services designed to help customers build, deploy and manage next-generation networks. Recently, Sumitomo Mitsui Trust Holdings Inc., one of the largest financial institutions in Japan, has been increasing its stake in Arista Networks. The increased investment from Sumitomo Mitsui Trust Holdings Inc. is a testament to the company’s success and its potential for continued growth.
Since its founding, Arista Networks has been at the forefront of the cloud networking industry, delivering innovative solutions to customers worldwide. The company’s products are trusted by leading organizations around the globe, making it an attractive investment opportunity for Sumitomo Mitsui Trust Holdings Inc. The increased investment by Sumitomo Mitsui Trust Holdings Inc. is also an indication of the company’s potential for future growth. With a strong portfolio of products and services and a solid customer base, Arista Networks is well positioned to capitalize on the growing demand for cloud networking solutions. With continued investments from Sumitomo Mitsui Trust Holdings Inc. and other top financial institutions, Arista Networks is poised to become an even bigger player in the cloud networking market in the years to come.
Share Price
News coverage of the company has been mostly positive, with investors taking note of the potential for growth that the company holds. On Tuesday, ARISTA NETWORKS stock opened at $122.9 and closed at $120.9, down by 0.4% from the last closing price of 121.4. With more investors taking note of the potential that ARISTA Networks holds, the stock is likely to gain more traction in the coming days.
This increase in stake by a major investor is a sign of confidence in ARISTA Networks and its products. With more investment in the company and its products, it is likely that ARISTA Networks will continue to see success in the future and gain further traction in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Arista Networks. More…
| Total Revenues | Net Income | Net Margin |
| 3.93k | 1.16k | 28.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Arista Networks. More…
| Operations | Investing | Financing |
| 677.58 | 234.95 | -820.84 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Arista Networks. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.16k | 1.78k | 13.16 |
Key Ratios Snapshot
Some of the financial key ratios for Arista Networks are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.0% | 17.2% | 31.4% |
| FCF Margin | ROE | ROA |
| 16.1% | 19.7% | 13.4% |
VI Analysis – Arista Networks Intrinsic Value Calculator
Arista Networks is a technology company that designs and sells cloud networking solutions. The company’s fundamentals are a good indicator of its long-term potential, and the VI app makes it easy to assess these fundamentals. According to the app, the fair value of the Arista Networks stock is around $119.3. That means the current market price of $120.9 is overvalued by 1%. This slight overvaluation can be attributed to the company’s recent success and market performance. In addition, Arista Networks has a strong balance sheet, with high cash reserves, low debt, and healthy cash flows. Furthermore, its competitive advantages, such as its innovative products and services, also contribute to its strong financials. Despite the slight overvaluation, Arista Networks remains a strong buy, given its long-term potential and robust fundamentals. More…
VI Peers
The telecommunications industry is highly competitive, with Arista Networks Inc competing against Ciena Corp, Eutelsat Communications, Novra Technologies Inc, and others. Arista Networks Inc has a strong product portfolio and a history of innovation, which has helped it to maintain a leading position in the market.
– Ciena Corp ($NYSE:CIEN)
Ciena is a network specialist that provides equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic on communications networks. The company has a market cap of $6.08B as of 2022 and a ROE of 6.6%. Ciena’s products are used in a variety of network architectures, including point-to-point, metro, and core networks.
– Eutelsat Communications ($LTS:0JNI)
Eutelsat Communications is a French-based company that provides satellite communication services to broadcasters, content providers, Internet service providers, mobile operators, and business and government customers. As of 2022, the company had a market cap of 1.93 billion and a return on equity of 9.77%. Eutelsat Communications operates a fleet of 38 satellites that provide coverage over Europe, the Middle East, Africa, Asia-Pacific, and the Americas. The company also provides ground infrastructure and teleport services.
– Novra Technologies Inc ($TSXV:NVI)
Novra Technologies Inc is a publicly traded company with a market capitalization of 3.01 million as of 2022. The company has a return on equity of 28.3%. Novra Technologies Inc is a technology company that specializes in the development and commercialization of products and solutions for the satellite and cable television markets. The company’s products and solutions are used by broadcasters, network operators, and content providers to distribute video, audio, and data signals.
Summary
Arista Networks, Inc. is a computer networking company that designs and sells high-performance cloud networking solutions. Recently, Sumitomo Mitsui Trust Holdings Inc. has increased its stake in the company, indicating a bullish sentiment towards the stock. Analysts have been mostly positive on the potential of the company, citing its innovative product lineup and strong competitive advantages.
With its heightened profile, there has been an increase in investor interest in the stock, with many believing that it could generate strong returns in the future. In conclusion, Arista Networks is likely to remain an attractive investment option for those looking for long-term growth.
