Analysts who follow A10 Networks Inc (ATEN) on average expect it to rise 84.03% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns A10 Networks Inc an Analyst Ranking of 62, which means it ranks higher than 62 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With A10 Networks Inc Stock Today?
A10 Networks Inc (ATEN) stock has gained 7.78% while the S&P 500 is down -3.07% as of 2:57 PM on Wednesday, Oct 28. ATEN has gained $0.52 from the previous closing price of $6.68 on volume of 1,000,867 shares. Over the past year the S&P 500 is higher by 8.23% while ATEN has gained 11.46%. ATEN earned $0.05 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 154.31.
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