Ready to Jump After Recent Trade: A10 Networks Inc (ATEN)

With 0.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.54 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $16.84 whereas the lowest price it dropped to was $16.5717. The 52-week range on ATEN shows that it touched its highest point at $16.92 and its lowest point at $12.07 during that stretch. It currently has a 1-year price target of $20.00. With its current market cap of 1.23 billion, ATEN has annualized dividend of $0.24 while the current yield stands at 1.44%. ATEN paid its most recent dividend on 1731888000, while the ex-dividend date for that was 1731888000. Beta for the stock currently stands at 1.14.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATEN was up-trending over the past week, with a rise of 1.09%, but this was up by 16.06% over a month. Three-month performance surged to 23.85% while six-month performance rose 9.92%. The stock gained 37.47% in the past year, while it has gained 26.20% so far this year. A look at the trailing 12-month EPS for ATEN yields 0.66 with Next year EPS estimates of 0.86. For the next quarter, that number is 0.22. This implies an EPS growth rate of 6.64% for this year and 10.60% for next year.

Float and Shares Shorts:

At present, 74.36 million ATEN shares are outstanding with a float of 71.90 million shares on hand for trading. On 2024-10-31, short shares totaled 1.23 million, which was 167.0 higher than short shares on 1727654400. In addition to Mr. Dhrupad Trivedi Ph.D. as the firm’s Board Chair, President & CEO, Mr. Brian Becker serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.92974 of ATEN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ATEN reported revenue of $66721000.0 and operating income of $10443000.0. The EBITDA in the recently reported quarter was $13184000.0 and diluted EPS was $0.17.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATEN since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ATEN analysts setting a high price target of 24.0 and a low target of 16.0, the average target price over the next 12 months is 20.0. Based on these targets, ATEN could surge 44.4% to reach the target high and fall by -3.73% to reach the target low. Reaching the average price target will result in a growth of 20.34% from current levels.

Analysts have provided yearly estimates in a range of $0.78713 being high and $0.77194 being low. For ATEN, this leads to a yearly average estimate of $0.7785.