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NYSE:ATEN

A10 Networks (ATEN) Stock Price, News & Analysis

A10 Networks logo
$16.48 +0.08 (+0.49%)
(As of 11/20/2024 ET)

About A10 Networks Stock (NYSE:ATEN)

Key Stats

Today's Range
$16.27
$16.56
50-Day Range
$13.25
$16.68
52-Week Range
$11.99
$16.92
Volume
618,871 shs
Average Volume
571,649 shs
Market Capitalization
$1.22 billion
P/E Ratio
24.60
Dividend Yield
1.46%
Price Target
$20.00
Consensus Rating
Moderate Buy

Company Overview

A10 Networks, Inc. provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package. It also provides intelligent management and automation tool comprising harmony controller that provides intelligent management, automation, and analytics for secure application delivery. In addition, the company offers A10 Defend Threat Control, a standalone SaaS platform; A10 Defend Orchestrator provides a centralized point of control for seamless distributed denial of service (DDoS) defense management and execution; A10 Defend Detector, a Netflow, Sflow, IPFIX-based DDoS detector used to easily manage the scale and heterogenous nature of SP networks; and A10 Defend Mitigator, a precision, automated, scalable, and intelligent DDoS mitigation solution. It delivers its solutions in optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software forms. The company serves cloud providers; cloud, telecommunications, and multiple system and cable service providers; government organizations; and enterprises in the telecommunications, technology, industrial, government, retail, financial, gaming, and education industries. It markets its products through sales organizations; and distribution channel partners, such as distributors, value added resellers, and system integrators. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California.

A10 Networks Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

ATEN MarketRank™: 

A10 Networks scored higher than 86% of companies evaluated by MarketBeat, and ranked 140th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    A10 Networks has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    A10 Networks has only been the subject of 2 research reports in the past 90 days.

  • Read more about A10 Networks' stock forecast and price target.
  • Earnings Growth

    Earnings for A10 Networks are expected to grow by 15.38% in the coming year, from $0.65 to $0.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of A10 Networks is 24.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of A10 Networks is 24.60, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 220.90.

  • Price to Book Value per Share Ratio

    A10 Networks has a P/B Ratio of 5.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about A10 Networks' valuation and earnings.
  • Percentage of Shares Shorted

    1.72% of the float of A10 Networks has been sold short.
  • Short Interest Ratio / Days to Cover

    A10 Networks has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in A10 Networks has recently decreased by 8.89%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    A10 Networks pays a meaningful dividend of 1.46%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    A10 Networks does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of A10 Networks is 35.82%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, A10 Networks will have a dividend payout ratio of 32.00% next year. This indicates that A10 Networks will be able to sustain or increase its dividend.

  • Read more about A10 Networks' dividend.
  • Percentage of Shares Shorted

    1.72% of the float of A10 Networks has been sold short.
  • Short Interest Ratio / Days to Cover

    A10 Networks has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in A10 Networks has recently decreased by 8.89%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    A10 Networks has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for A10 Networks this week, compared to 2 articles on an average week.
  • Search Interest

    4 people have searched for ATEN on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added A10 Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, A10 Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $102,905.00 in company stock.

  • Percentage Held by Insiders

    Only 5.82% of the stock of A10 Networks is held by insiders.

  • Percentage Held by Institutions

    98.61% of the stock of A10 Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about A10 Networks' insider trading history.
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ATEN Stock News Headlines

A10 Networks price target raised to $24 from $17 at BWS Financial
“This Changes Everything” - Trump Hands Millions Massive IRS Gift
Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…
A10 Networks Shows Strong Q3 2024 Growth
A10 Networks downgraded to Hold at Craig-Hallum on valuation
A10 Networks downgraded to Hold from Buy at Craig-Hallum
See More Headlines

ATEN Stock Analysis - Frequently Asked Questions

A10 Networks' stock was trading at $13.17 at the beginning of the year. Since then, ATEN shares have increased by 25.1% and is now trading at $16.48.
View the best growth stocks for 2024 here
.

A10 Networks, Inc. (NYSE:ATEN) released its earnings results on Thursday, November, 7th. The communications equipment provider reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02. A10 Networks's quarterly revenue was up 15.5% compared to the same quarter last year.

A10 Networks' top institutional investors include State Street Corp (4.30%), Geode Capital Management LLC (2.25%), Jacobs Levy Equity Management Inc. (1.48%) and Royce & Associates LP (1.14%). Insiders that own company stock include Dhrupad Trivedi, Robert D Cochran, Matthew P Bruening, Eric Singer, Brian Becker, Robert Scott Weber, Karen S Thomas and Summit Partners L P.
View institutional ownership trends
.

Shares of ATEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that A10 Networks investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), SPDR S&P 500 ETF Trust (SPY) and Visa (V).

Company Calendar

Ex-Dividend for 9/3 Dividend
8/15/2024
Dividend Payable
9/03/2024
Last Earnings
11/07/2024
Ex-Dividend for 12/2 Dividend
11/18/2024
Today
11/21/2024
Dividend Payable
12/02/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Computer Hardware
Employees
525
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$24.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+21.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$39.97 million
Pretax Margin
21.59%

Debt

Sales & Book Value

Annual Sales
$251.70 million
Cash Flow
$0.71 per share
Book Value
$2.94 per share

Miscellaneous

Free Float
69,511,000
Market Cap
$1.22 billion
Optionable
Optionable
Beta
1.11

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This page (NYSE:ATEN) was last updated on 11/21/2024 by MarketBeat.com Staff
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