Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Juniper Networks Inc (NYSE: JNPR) closed the day trading at $34.50 down -0.81% from the previous closing price of $34.78. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 2.19 million shares were traded. JNPR stock price reached its highest trading level at $34.875 during the session, while it also had its lowest trading level at $34.5.
Ratios:
For a better understanding of JNPR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.13. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on October 10, 2023, Downgraded its rating to Neutral and sets its target price to $29 from $32 previously.
On July 24, 2023, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $38 to $37.
On July 20, 2023, Exane BNP Paribas started tracking the stock assigning a Neutral rating and target price of $31.Exane BNP Paribas initiated its Neutral rating on July 20, 2023, with a $31 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 03 ’24 when rahim rami sold 5,555 shares for $34.86 per share. The transaction valued at 193,640 led to the insider holds 986,764 shares of the business.
rahim rami sold 5,555 shares of JNPR for $192,890 on May 02 ’24. The Chief Executive Officer now owns 992,319 shares after completing the transaction at $34.72 per share. On May 01 ’24, another insider, rahim rami, who serves as the Chief Executive Officer of the company, sold 5,555 shares for $34.83 each. As a result, the insider received 193,504 and left with 997,874 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JNPR now has a Market Capitalization of 11212086272 and an Enterprise Value of 11775782912. As of this moment, Juniper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.98, and their Forward P/E ratio for the next fiscal year is 15.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 2.205 whereas that against EBITDA is 17.826.
Stock Price History:
Over the past 52 weeks, JNPR has reached a high of $38.04, while it has fallen to a 52-week low of $24.87. The 50-Day Moving Average of the stock is -5.55%, while the 200-Day Moving Average is calculated to be 9.32%.
Shares Statistics:
Over the past 3-months, JNPR traded about 3.47M shares per day on average, while over the past 10 days, JNPR traded about 3269850 shares per day. A total of 324.99M shares are outstanding, with a floating share count of 320.74M. Insiders hold about 1.31% of the company’s shares, while institutions hold 91.16% stake in the company. Shares short for JNPR as of 1713139200 were 14464629 with a Short Ratio of 4.16, compared to 1710460800 on 13458393. Therefore, it implies a Short% of Shares Outstanding of 14464629 and a Short% of Float of 6.88.
Dividends & Splits
JNPR’s forward annual dividend rate is 0.88, up from 0.88 a year ago. Against a Trailing Annual Dividend Yield of 0.025301898The stock’s 5-year Average Dividend Yield is 2.96.
