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A10 Networks (NASDAQ:ATEN) has been given a consensus rating of “Buy” by the ten ratings firms that are presently covering the company, Stock Ratings Network reports. Four analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $18.00.

A10 Networks (NASDAQ:ATEN) opened at 12.20 on Wednesday. A10 Networks has a 1-year low of $10.20 and a 1-year high of $16.50. The stock’s 50-day moving average is $12.23 and its 200-day moving average is $12.82. The company’s market cap is $720.2 million.

A10 Networks (NASDAQ:ATEN) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.04. The company had revenue of $45.70 million for the quarter, compared to the consensus estimate of $42.80 million. During the same quarter in the previous year, the company posted ($0.12) earnings per share. The company’s revenue for the quarter was up 54.4% on a year-over-year basis. On average, analysts predict that A10 Networks will post $-0.32 earnings per share for the current fiscal year.

A number of research firms have recently commented on ATEN. Analysts at Dougherty & Co initiated coverage on shares of A10 Networks in a research note on Thursday. They set a “neutral” rating on the stock. Separately, analysts at DA Davidson initiated coverage on shares of A10 Networks in a research note on Wednesday. They set a “neutral” rating and a $14.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of A10 Networks from $16.00 to $17.00 in a research note on Friday, May 2nd. They now have an “overweight” rating on the stock.

A10 Networks, Inc (NASDAQ:ATEN) is a provider of advanced application networking technologies.

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