A10 Networks, Inc. (NYSE:ATEN) Receives Average Recommendation of “Moderate Buy” from Analysts

A10 Networks, Inc. (NYSE:ATEN) has received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $22.00.

A number of research firms have issued reports on ATEN. Weiss Ratings reiterated a “hold (c+)” rating on shares of A10 Networks in a report on Wednesday, January 21st. BTIG Research reiterated a “buy” rating and set a $22.00 price objective on shares of A10 Networks in a report on Thursday, February 5th. Finally, Wall Street Zen lowered A10 Networks from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th.

A10 Networks Trading Down 0.0%

NYSE ATEN opened at $20.91 on Friday. A10 Networks has a one year low of $13.81 and a one year high of $21.90. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.56 and a quick ratio of 3.43. The firm has a market cap of $1.50 billion, a P/E ratio of 36.05 and a beta of 1.23. The stock’s 50-day moving average is $17.98 and its 200-day moving average is $17.78.

A10 Networks (NYSE:ATEN) last posted its earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.26. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.The business had revenue of $80.36 million during the quarter, compared to analysts’ expectations of $78.09 million. During the same period in the prior year, the business earned $0.24 EPS. A10 Networks’s revenue for the quarter was up 8.3% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. Sell-side analysts anticipate that A10 Networks will post 0.69 earnings per share for the current fiscal year.

A10 Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 16th will be issued a $0.06 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.1%. A10 Networks’s dividend payout ratio (DPR) is 41.38%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ATEN. Royal Bank of Canada lifted its position in A10 Networks by 131.3% during the 1st quarter. Royal Bank of Canada now owns 213,118 shares of the communications equipment provider’s stock worth $3,482,000 after buying an additional 120,966 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of A10 Networks by 6.5% in the first quarter. Goldman Sachs Group Inc. now owns 835,252 shares of the communications equipment provider’s stock valued at $13,648,000 after acquiring an additional 51,086 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in A10 Networks by 5.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 202,658 shares of the communications equipment provider’s stock worth $3,311,000 after acquiring an additional 11,268 shares in the last quarter. Jane Street Group LLC boosted its position in A10 Networks by 120.0% during the first quarter. Jane Street Group LLC now owns 173,493 shares of the communications equipment provider’s stock valued at $2,835,000 after purchasing an additional 94,641 shares during the last quarter. Finally, Intech Investment Management LLC grew its stake in A10 Networks by 81.7% in the first quarter. Intech Investment Management LLC now owns 73,995 shares of the communications equipment provider’s stock valued at $1,209,000 after purchasing an additional 33,262 shares in the last quarter. Institutional investors own 98.61% of the company’s stock.

About A10 Networks

A10 Networks, Inc (NYSE: ATEN), headquartered in San Jose, California, designs and sells networking and security solutions that accelerate application performance and protect data across on-premises, cloud and hybrid environments. Founded in 2004, the company’s offerings target enterprises, service providers and cloud operators seeking high availability, secure access and optimized traffic delivery for critical applications.

The company’s core portfolio includes application delivery controllers (ADCs) for load balancing and traffic management, advanced distributed denial-of-service (DDoS) protection appliances, SSL inspection solutions and carrier-grade NAT (CGNAT) platforms.