For its first fiscal quarter (ending March 31), A10 Networks Inc (NYSE: ATEN) has reported a 160% increase in E.P.S. from $0.05 a year ago to $0.13 in the current quarter. However, this result fell short of the consensus estimate of $0.20 by $-0.07. For the latest four quarters through March 31, E.P.S. were $0.62 compared to $0.60 a year ago — an increase of 3%.
Recent Price Action
On 4/30/24, A10 Networks Inc (NYSE: ATEN) stock declined by -2.5%, closing at $13.06. However, this decline was accompanied by below average trading volume at 67% of normal. The stock has declined -0.9% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
ATEN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
A10 Networks has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. A10 Networks has a poor Power Rating of 29 and a poor Appreciation Score of 28, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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