Gaining Ground: Juniper Networks Inc (JNPR) Closes Higher at 34.58, Up 0.41

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The price of Juniper Networks Inc (NYSE: JNPR) closed at $34.58 in the last session, up 0.41% from day before closing price of $34.44. In other words, the price has increased by $0.41 from its previous closing price. On the day, 2.25 million shares were traded. JNPR stock price reached its highest trading level at $34.65 during the session, while it also had its lowest trading level at $34.41.

Ratios:

We take a closer look at JNPR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.16. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 11238085632 and an Enterprise Value of 11801781248. As of this moment, Juniper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.09, and their Forward P/E ratio for the next fiscal year is 15.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.55. 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 2.51. Its current Enterprise Value per Revenue stands at 2.209 whereas that against EBITDA is 17.865.

Stock Price History:

The Beta on a monthly basis for JNPR is 0.95, which has changed by 0.17499149 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. 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 -4.49%, while the 200-Day Moving Average is calculated to be 9.04%.

Shares Statistics:

According to the various share statistics, JNPR traded on average about 3.36M shares per day over the past 3-months and 1854620 shares per day over the past 10 days. A total of 324.99M shares are outstanding, with a floating share count of 320.81M. Insiders hold about 1.29% of the company’s shares, while institutions hold 87.66% stake in the company. Shares short for JNPR as of 1714435200 were 12148972 with a Short Ratio of 3.61, compared to 1711584000 on 12618320. Therefore, it implies a Short% of Shares Outstanding of 12148972 and a Short% of Float of 5.7800002.

Dividends & Splits

The forward annual dividend rate for JNPR is 0.88, which was 0.88 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.025551684The stock’s 5-year Average Dividend Yield is 2.96. The current Payout Ratio is 92.46% for JNPR, which recently paid a dividend on 2024-02-29 with an ex-dividend date of 1717372800. Stock splits for the company last occurred on 2000-06-16 when the company split stock in a 2:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 13.0 different market analysts. On average, analysts expect EPS of $0.44 for the current quarter, with a high estimate of $0.54 and a low estimate of $0.2, while EPS last year was $0.58. The consensus estimate for the next quarter is $0.53, with high estimates of $0.61 and low estimates of $0.35.

Analysts are recommending an EPS of between $2.09 and $1.36 for the fiscal current year, implying an average EPS of $1.87. EPS for the following year is $2.22, with 12.0 analysts recommending between $2.48 and $1.89.

Revenue Estimates

According to 12 analysts, the current quarter’s revenue is expected to be $1.25B. It ranges from a high estimate of $1.34B to a low estimate of $1.13B. As of the current estimate, Juniper Networks Inc’s year-ago sales were $1.43BFor the next quarter, 12 analysts are estimating revenue of $1.32B. There is a high estimate of $1.38B for the next quarter, whereas the lowest estimate is $1.23B.

A total of 13 analysts have provided revenue estimates for JNPR’s current fiscal year. The highest revenue estimate was $5.39B, while the lowest revenue estimate was $4.86B, resulting in an average revenue estimate of $5.11B. In the same quarter a year ago, actual revenue was $5.56BBased on 12 analysts’ estimates, the company’s revenue will be $5.36B in the next fiscal year. The high estimate is $5.61B and the low estimate is $5.14B.

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