A10 Networks (NYSE:ATEN – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.080-1.100 for the period, compared to the consensus EPS estimate of 1.000. The company issued revenue guidance of $337.0 million, compared to the consensus revenue estimate of $329.4 million.
A10 Networks Trading Up 9.2%
Shares of NYSE:ATEN traded up $2.08 during trading on Friday, reaching $24.68. The company had a trading volume of 634,672 shares, compared to its average volume of 1,096,435. The company has a fifty day moving average of $25.96 and a two-hundred day moving average of $26.55. The stock has a market capitalization of $1.79 billion, a P/E ratio of 41.14 and a beta of 0.99. A10 Networks has a 12 month low of $16.52 and a 12 month high of $38.49.
A10 Networks (NYSE:ATEN – Get Free Report) last issued its earnings results on Thursday, November 5th. The communications equipment provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. A10 Networks had a return on equity of 23.63% and a net margin of 13.85%. The business had revenue of $91.55 million during the quarter, compared to analyst estimates of $83.88 million. During the same quarter in the prior year, the firm earned $0.23 earnings per share. A10 Networks’s revenue for the quarter was up 22.6% on a year-over-year basis. As a group, equities research analysts predict that A10 Networks will post 0.81 earnings per share for the current year.
A10 Networks Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 16th. A10 Networks’s dividend payout ratio (DPR) is 40.00%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Mizuho reduced their target price on A10 Networks from $34.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday, October 15th. Weiss Ratings downgraded A10 Networks from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 17th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of A10 Networks in a research note on Monday, August 31st. They issued a “hold” rating and a $28.00 price target on the stock. BTIG Research reissued a “buy” rating and set a $37.00 price objective on shares of A10 Networks in a research report on Thursday, August 6th. Finally, BWS Financial restated a “buy” rating and set a $45.00 price objective on shares of A10 Networks in a research note on Friday, August 14th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $30.38.
View Our Latest Research Report on A10 Networks
Insider Activity at A10 Networks
In other A10 Networks news, Director Dana Wolf sold 2,652 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $25.65, for a total value of $68,023.80. Following the completion of the transaction, the director directly owned 57,409 shares in the company, valued at $1,472,540.85. This represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Robert Weber sold 14,086 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $27.86, for a total transaction of $392,435.96. Following the completion of the transaction, the general counsel directly owned 50,586 shares of the company’s stock, valued at $1,409,325.96. This represents a 21.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.21% of the company’s stock.
About A10 Networks
A10 Networks, Inc is a cybersecurity and networking company that provides solutions designed to improve the availability, performance, and security of applications and digital services. Its offerings help organizations manage application traffic, protect networks from cyberattacks, and support secure access across data centers, private clouds, public clouds, and hybrid environments.
The company’s portfolio includes application delivery controllers, distributed denial-of-service (DDoS) protection, secure application services, carrier-grade networking solutions, and centralized management and analytics tools.
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