A10 Networks Stock Buy Hold or Sell Recommendation

ATEN
 Stock
  

USD 15.84  0.41  2.66%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding A10 Networks is 'Hold'. Macroaxis provides A10 Networks buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ATEN positions. The advice algorithm takes into account all of A10 Networks' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from A10 Networks' buy-and-hold perspective. Please continue to A10 Networks Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as A10 Networks and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards A10 Networks.

Execute A10 Networks Buy or Sell Advice

The A10 Networks recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on A10 Networks. Macroaxis does not own or have any residual interests in A10 Networks or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute A10 Networks' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell A10 NetworksBuy A10 Networks
Hold

Volatility

Not too volatileDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon A10 Networks has a Risk Adjusted Performance of 0.1017, Jensen Alpha of 0.104, Total Risk Alpha of 0.0487, Sortino Ratio of 0.044 and Treynor Ratio of 0.1356
Our trade recommendation tool can cross-verify current analyst consensus on A10 Networks and to analyze the company potential to grow this quarter and beyond. To make sure A10 Networks is not overpriced, please confirm all A10 Networks fundamentals, including its revenue, current ratio, and the relationship between the number of shares shorted and cash and equivalents . Given that A10 Networks has a price to earning of 12.95 X, we suggest you to validate A10 Networks market performance and probability of bankruptcy to ensure the company can sustain itself this quarter and beyond given your latest risk tolerance and investing horizon.

A10 Networks Trading Alerts and Improvement Suggestions

A10 Networks is unlikely to experience financial distress in the next 2 years
Over 86.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Sale by Brian Becker of 1994 shares of A10 Networks

A10 Networks current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. A10 Networks analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. A10 Networks analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price20.67
Target Median Price20.00
Target High Price22.00
Recommendation Mean1.70
Number Of Analyst Opinions3
Target Low Price20.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

A10 Networks Returns Distribution Density

The distribution of A10 Networks' historical returns is an attempt to chart the future uncertainty of A10 Networks' future price movements. The chart of the probability distribution of A10 Networks stock daily returns describes the distribution of returns around its average expected value. We use A10 Networks price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of A10 Networks returns is essential to provide solid investment advice for A10 Networks stock.
Mean Return0.23Value At Risk-5.04
Potential Upside5.03Standard Deviation3.00
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of A10 Networks historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

A10 Networks Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as A10 Networks is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading A10 Networks backward and forwards among themselves. A10 Networks' institutional investor refers to the entity that pools money to purchase A10 Networks' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares10.3 M148.5 M
Summit Partners L PCommon Shares8.9 M127.7 M
Vanguard Group IncCommon Shares5.8 M83 M
Renaissance Technologies LlcCommon SharesM42.5 M
First Trust Advisors LpCommon Shares2.7 M39 M
Mirae Asset Global Investments Co LtdCommon Shares1.1 M16.3 M
Geode Capital Management LlcCommon Shares1.1 M15.3 M
Note, although A10 Networks' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

A10 Networks Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(5.73 M)(2.8 M)(4.34 M)(3.56 M)(5.17 M)(5.58 M)
Depreciation Amortization and Accretion8.51 M7.88 M10.03 M11.3 M8.91 M9.4 M
Net Cash Flow or Change in Cash and Cash Equivalents17.59 M(5.95 M)5.12 M37.54 M(4.36 M)(4.47 M)
Issuance Purchase of Equity Shares9.17 M3.7 M5.8 M(22.95 M)(12.5 M)(12.83 M)
Net Cash Flow from Financing8.42 M3.62 M5.8 M(22.95 M)(16.38 M)(16.81 M)
Net Cash Flow from Investing(5.14 M)(6.88 M)(251 K)5.2 M(38.07 M)(39.07 M)
Net Cash Flow Investment Acquisitions and Disposals592 K(4.08 M)4.09 M8.77 M(32.9 M)(35.5 M)
Net Cash Flow from Operations14.31 M(2.69 M)(426 K)55.29 M50.1 M54.05 M
Share Based Compensation17.2 M17.04 M16.53 M12.31 M14.42 M14.53 M

A10 Networks Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to A10 Networks or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that A10 Networks stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a A10 Networks stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.10
β
Beta against DOW1.62
σ
Overall volatility
2.95
Ir
Information ratio 0.0494

A10 Networks Volatility Alert

A10 Networks shows above-average downside volatility for the selected time horizon. We advise investors to inspect A10 Networks further and ensure that all market timing and asset allocation strategies are consistent with the estimation of A10 Networks future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure A10 Networks' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact A10 Networks' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

A10 Networks Implied Volatility

A10 Networks' implied volatility" href="/stock-options/ATEN/A10-Networks">A10 Networks' implied volatility exposes the market's sentiment of A10 Networks stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if A10 Networks' implied volatility" href="/stock-options/ATEN/A10-Networks">A10 Networks' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that A10 Networks stock will not fluctuate a lot when A10 Networks' options" href="/stock-options/ATEN/A10-Networks">A10 Networks' options are near their expiration.

A10 Networks Fundamentals Vs Peers

Comparing A10 Networks' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze A10 Networks' direct or indirect competition across all of the common fundamentals between A10 Networks and the related equities. This way, we can detect undervalued stocks with similar characteristics as A10 Networks or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of A10 Networks' fundamental indicators could also be used in its relative valuation, which is a method of valuing A10 Networks by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare A10 Networks to competition
FundamentalsA10 NetworksPeer Average
Return On Equity63.47 %(0.31) %
Return On Asset7.15 %(0.14) %
Profit Margin38.23 %(1.27) %
Operating Margin17.72 %(5.51) %
Current Valuation988.64 M16.62 B
Shares Outstanding77.55 M571.82 M
Shares Owned by Insiders4.56 %10.09 %
Shares Owned by Institutions86.40 %39.21 %
Number of Shares Shorted4.63 M4.71 M
Price to Earning12.95 X28.72 X
Price to Book5.18 X9.51 X
Price to Sales4.48 X11.42 X
Revenue257.87 M9.43 B
Gross Profit196.54 M27.38 B
EBITDA45.7 M3.9 B
Net Income98.58 M570.98 M
Cash and Equivalents164.7 M2.7 B
Cash per Share2.17 X5.01 X
Total Debt22.8 M5.32 B
Debt to Equity0.12 %48.70 %
Current Ratio2.31 X2.16 X
Book Value Per Share2.88 X1.93 K
Cash Flow from Operations63.73 M971.22 M
Short Ratio5.51 X4.00 X
Earnings Per Share1.15 X3.12 X
Price to Earnings To Growth1.08 X4.89 X
Number of Employees59018.84 K
Beta0.94-0.15
Market Capitalization1.16 B19.03 B
Total Asset192.55 M29.47 B
Retained Earnings(312.96 M)9.33 B
Working Capital91.41 M1.48 B
Current Asset179.25 M9.34 B
   Sale by Brian Becker of 1994 shares of A10 Networks [view details]

A10 Networks Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as A10 Networks . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution29023.77
Daily Balance Of Power0.6029
Rate Of Daily Change1.03
Day Median Price15.73
Day Typical Price15.77
Market Facilitation Index0.0
Price Action Indicator0.31

About A10 Networks Buy or Sell Advice

When is the right time to buy or sell A10 Networks? Buying financial instruments such as A10 Networks Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although A10 Networks investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables53.57 M51.05 M61.8 M53.95 M
Inventories22.38 M20.73 M22.46 M19.68 M

Use Investing Ideas to Build Portfolios

In addition to having A10 Networks in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Precious Metals
Precious Metals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Theme or any other thematic opportunities.
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Please continue to A10 Networks Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the A10 Networks information on this page should be used as a complementary analysis to other A10 Networks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is A10 Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of A10 Networks. If investors know A10 Networks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about A10 Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.63
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0795
Return On Equity
0.64
The market value of A10 Networks is measured differently than its book value, which is the value of A10 Networks that is recorded on the company's balance sheet. Investors also form their own opinion of A10 Networks' value that differs from its market value or its book value, called intrinsic value, which is A10 Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because A10 Networks' market value can be influenced by many factors that don't directly affect A10 Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between A10 Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine A10 Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A10 Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.