Analyzing Arista Networks (NYSE:ANET) & Drone Delivery Canada (OTCMKTS:TAKOF)

Posted by MarketBeat News on Sep 25th, 2023

Arista Networks (NYSE:ANET – Get Free Report) and Drone Delivery Canada (OTCMKTS:TAKOF – Get Free Report) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, risk, valuation, profitability and institutional ownership.

Earnings and Valuation

This table compares Arista Networks and Drone Delivery Canada’s gross revenue, earnings per share and valuation.

Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Arista Networks	$4.38 billion	12.74	$1.35 billion	$5.41	33.33
Drone Delivery Canada	N/A	N/A	N/A	N/A	N/A

Arista Networks has higher revenue and earnings than Drone Delivery Canada.

Profitability

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This table compares Arista Networks and Drone Delivery Canada’s net margins, return on equity and return on assets.

Net Margins	Return on Equity	Return on Assets
Arista Networks	32.48%	31.19%	22.26%
Drone Delivery Canada	N/A	N/A	N/A

Insider & Institutional Ownership

67.1% of Arista Networks shares are owned by institutional investors. 19.0% of Arista Networks shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of current recommendations for Arista Networks and Drone Delivery Canada, as provided by MarketBeat.com.

Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Arista Networks	0	2	16	0	2.89
Drone Delivery Canada	0	0	0	0	N/A

Arista Networks presently has a consensus price target of $199.40, suggesting a potential upside of 10.57%. Given Arista Networks’ higher possible upside, analysts clearly believe Arista Networks is more favorable than Drone Delivery Canada.

Summary

Arista Networks beats Drone Delivery Canada on 8 of the 8 factors compared between the two stocks.

About Arista Networks

(Get Free Report)

Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. 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. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, telecommunication service providers, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

About Drone Delivery Canada

(Get Free Report)

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities. The company was incorporated in 2011 and is headquartered in Vaughan, Canada.

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