Arista Networks, Inc. (ANET - Free Report) was a big mover last session, as the company saw its shares rise over 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $143.46 to $158.00 in the past one-month time frame.
The move came after the company reported solid second-quarter 2017 results.
The company has not seen any estimate revisions over the past few weeks, and its Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Arista Networks currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Arista Networks, Inc. Price and Consensus
A better-ranked stock in the Communication - Components industry is AudioCodes Ltd. (AUDC - Free Report) which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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