Arista Networks, Inc. (ANET) EPS Estimated At $1.32; Cibc World Markets Has Lowered By $742,900 Its Extended Stay Amer Unit 99/99/9999B (STAY) Position

April 18, 2018 - By Dolores Ford

Extended Stay America, Inc. (NYSE:STAY) Logo

Cibc World Markets Corp decreased Extended Stay Amer Inc Unit 99/99/9999B (STAY) stake by 12.6% reported in 2017Q4 SEC filing. Cibc World Markets Corp sold 39,100 shares as Extended Stay Amer Inc Unit 99/99/9999B (STAY)’s stock rose 5.09%. The Cibc World Markets Corp holds 271,200 shares with $5.15M value, down from 310,300 last quarter. Extended Stay Amer Inc Unit 99/99/9999B now has $3.93B valuation. The stock increased 0.68% or $0.14 during the last trading session, reaching $20.58. About 285,240 shares traded. Extended Stay America, Inc. (NYSE:STAY) has risen 22.24% since April 18, 2017 and is uptrending. It has outperformed by 10.69% the S&P500.

Analysts expect Arista Networks, Inc. (NYSE:ANET) to report $1.32 EPS on May, 3 after the close.They anticipate $0.53 EPS change or 67.09% from last quarter’s $0.79 EPS. ANET’s profit would be $97.51M giving it 47.84 P/E if the $1.32 EPS is correct. After having $1.45 EPS previously, Arista Networks, Inc.’s analysts see -8.97% EPS growth. The stock decreased 1.63% or $4.18 during the last trading session, reaching $252.62. About 243,072 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 91.94% since April 18, 2017 and is uptrending. It has outperformed by 80.39% the S&P500.

Arista Networks, Inc. supplies cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has market cap of $18.66 billion. The company??s cloud networking solutions consist of its Extensible Operating System and a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It has a 47.23 P/E ratio. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services.

Among 36 analysts covering Arista Networks (NYSE:ANET), 17 have Buy rating, 1 Sell and 18 Hold. Therefore 47% are positive. Arista Networks had 126 analyst reports since July 29, 2015 according to SRatingsIntel. On Monday, October 9 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Arista Networks, Inc. (NYSE:ANET) has “Overweight” rating given on Wednesday, October 14 by Barclays Capital. The firm earned “Overweight” rating on Friday, August 4 by JP Morgan. As per Thursday, September 7, the company rating was maintained by RBC Capital Markets. The company was maintained on Monday, September 18 by KeyBanc Capital Markets. Stifel Nicolaus reinitiated the stock with “Buy” rating in Friday, December 15 report. The stock has “Buy” rating by Cowen & Co on Friday, February 16. On Tuesday, September 12 the stock rating was maintained by Needham with “Buy”. The firm earned “Hold” rating on Friday, June 2 by Credit Suisse. Oppenheimer maintained it with “Buy” rating and $160 target in Friday, May 5 report.

Among 13 analysts covering Extended Stay America (NYSE:STAY), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Extended Stay America had 34 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, April 12. Citigroup maintained Extended Stay America, Inc. (NYSE:STAY) rating on Wednesday, August 17. Citigroup has “Neutral” rating and $15 target. As per Monday, September 26, the company rating was initiated by Goldman Sachs. Stifel Nicolaus maintained the shares of STAY in report on Tuesday, October 10 with “Buy” rating. The company was maintained on Wednesday, November 8 by Nomura. The rating was maintained by Stifel Nicolaus on Tuesday, August 1 with “Buy”. Stifel Nicolaus maintained it with “Buy” rating and $21.5 target in Tuesday, February 27 report. M Partners downgraded Extended Stay America, Inc. (NYSE:STAY) on Thursday, January 14 to “Neutral” rating. The firm earned “Outperform” rating on Monday, August 3 by Robert W. Baird. As per Monday, January 8, the company rating was maintained by Robert W. Baird.

Investors sentiment increased to 1.55 in 2017 Q4. Its up 0.15, from 1.4 in 2017Q3. It is positive, as 30 investors sold STAY shares while 58 reduced holdings. 41 funds opened positions while 95 raised stakes. 176.99 million shares or 2.95% less from 182.36 million shares in 2017Q3 were reported. Aew Capital Management Limited Partnership holds 1.42% in Extended Stay America, Inc. (NYSE:STAY) or 2.88 million shares. Investec Asset Mgmt North America Inc holds 1.6% of its portfolio in Extended Stay America, Inc. (NYSE:STAY) for 528,850 shares. 90 were reported by Winfield Associates. Renaissance Technology Lc reported 740,870 shares. Cibc Ww Mkts has 271,200 shares for 0.04% of their portfolio. First Trust Limited Partnership holds 141,795 shares. Tudor Et Al holds 0.04% in Extended Stay America, Inc. (NYSE:STAY) or 83,568 shares. Moreover, Brown Brothers Harriman And has 0% invested in Extended Stay America, Inc. (NYSE:STAY) for 70 shares. Citadel Ltd Liability Corp holds 0.05% in Extended Stay America, Inc. (NYSE:STAY) or 4.37M shares. Fred Alger Mngmt reported 344,911 shares. State Board Of Administration Of Florida Retirement invested in 86,943 shares or 0% of the stock. First Manhattan holds 747,900 shares or 0.08% of its portfolio. Kirr Marbach & Ltd Company In accumulated 623,359 shares. Cipher Capital Ltd Partnership accumulated 0.15% or 97,909 shares. Moreover, Caxton Assoc Lp has 0.03% invested in Extended Stay America, Inc. (NYSE:STAY).

Analysts await Extended Stay America, Inc. (NYSE:STAY) to report earnings on April, 26 after the close. They expect $0.17 EPS, up 13.33% or $0.02 from last year’s $0.15 per share. STAY’s profit will be $32.49 million for 30.26 P/E if the $0.17 EPS becomes a reality. After $0.19 actual EPS reported by Extended Stay America, Inc. for the previous quarter, Wall Street now forecasts -10.53% negative EPS growth.

Since March 8, 2018, it had 0 insider purchases, and 1 sale for $192,306 activity. On Thursday, March 8 the insider HENRY KEVIN A sold $192,306.

Extended Stay America, Inc. (NYSE:STAY) Institutional Positions Chart

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