In a recent bid A10 Networks Inc. [ATEN] faced a contemporary bid of $7.83 yielding a 0.93% incline where 1.34 million shares have exchanged hands over the last week. ATEN amount got a boost by 3.57% or $0.27 versus $7.56 at the end of the prior session. This change led market cap to move at 567.76M, putting the price 128.28% below the 52-week high and -14.98% above the 52-week low. The company’s stock has a normal trading capacity of 1.34 million shares while the relative volume is 4.98.

On 27, October 2020, A10 Networks Reports 7.1% Revenue Growth for Third Quarter of 2020. According to news published on Yahoo Finance, Third Quarter Revenue of $56.6 Million; Record GAAP Net Income of $6.5 Million, Record GAAP EPS of $0.08, Record Non-GAAP Net Income of $10.3 Million, Record Non-GAAP EPS of $0.13 and Cash Flow from Operations of $15.9 Million.

Analyst Birdseye View:

The most recent analyst activity for A10 Networks Inc. [NYSE:ATEN] stock was on December 16, 2019, when it was Initiated with a Buy rating from BWS Financial, which also raised its 12-month price target on the stock to $9.50. Before that, on July 21, 2020, Sidoti Recapitulated a Buy rating and elevated its amount target to $11. On March 23, 2018, Dougherty & Company Downgrade a Neutral rating. On March 19, 2018, DA Davidson Downgrade a Neutral rating and decreased its price target from $8 to $7. On July 14, 2017, DA Davidson Reiterated a Buy rating and decreased its price target to $9. On July 14, 2017, KeyBanc Capital Mkts Downgrade a Sector weight rating. On February 10, 2017, Dougherty & Company Reiterated a Buy rating and boosted its target amount on this stock from $10 to $10.50. On October 31, 2016, DA Davidson Upgrade a Buy rating and improved its amount target to $10.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.43 and a peak of $9.21. Right now, the middling Wall Street analyst 12-month amount mark is $14.25. At the most recent market close, shares of A10 Networks Inc. [NYSE:ATEN] were valued at $7.83.

FUNDAMENTAL ANALYSIS

A10 Networks Inc. [NYSE:ATEN] most recently reported quarterly sales of 56.61 billion, which represented growth of 7.20%. This publicly-traded organization’s revenue is $262,504 per employee, while its income is -$21,999 per employee. This company’s Gross Margin is currently 77.50%, its Operating Margin is 4.50%, its Pretax Margin is -7.72, and its Net Margin is -8.38. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -6.99, -16.76, -11.85 and -14.80 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 23.36 and the whole liability to whole assets at 12.10. It shows enduring liability to the whole principal at 19.76 and enduring liability to assets at 0.10 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 7.49 points at 1st support level, the second support level is making up to 7.42. But as of 1st resistance point, this stock is sitting at 7.60 and at 7.64 for 2nd resistance point.

A10 Networks Inc. [ATEN] reported its earnings at $0.13 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.09/share signifying the difference of 0.04 and 44.40% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.09 calling estimates for $0.08/share with the difference of 0.01 depicting the surprise of 12.50%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for A10 Networks Inc. [NYSE:ATEN] is 2.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.33. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.46, it’s amount to book ratio is 4.90 and showing 60.48 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Reiss Gunter, VP Worldwide Marketing, and it was the sale of 2615.0 shares on Nov 06. Reiss Gunter, the VP Worldwide Marketing, completed a sale of 3000.0 shares on Oct 26. On Sep 24, Reiss Gunter, VP Worldwide Marketing, completed a sale of 3000.0 shares.