Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $35.88 in the prior trading day, Juniper Networks Inc (NYSE: JNPR) closed at $35.36, down -1.45%. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 5.33 million shares were traded. JNPR stock price reached its highest trading level at $36.04 during the session, while it also had its lowest trading level at $35.21.
Ratios:
Our goal is to gain a better understanding of JNPR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
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 Apr 05 ’24 when rahim rami sold 5,555 shares for $37.06 per share. The transaction valued at 205,875 led to the insider holds 1,003,429 shares of the business.
rahim rami sold 5,555 shares of JNPR for $205,694 on Apr 04 ’24. The Chief Executive Officer now owns 1,008,984 shares after completing the transaction at $37.03 per share. On Apr 03 ’24, another insider, rahim rami, who serves as the Chief Executive Officer of the company, sold 5,555 shares for $37.04 each. As a result, the insider received 205,737 and left with 1,014,539 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 11487969280 and an Enterprise Value of 11994844160. As of this moment, Juniper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.13, and their Forward P/E ratio for the next fiscal year is 14.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 2.156 whereas that against EBITDA is 15.725.
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 -4.20%, while the 200-Day Moving Average is calculated to be 12.78%.
Shares Statistics:
The stock has traded on average 3.69M shares per day over the past 3-months and 3307140 shares per day over the last 10 days, according to various share statistics. A total of 320.30M shares are outstanding, with a floating share count of 320.14M. Insiders hold about 1.31% of the company’s shares, while institutions hold 93.21% stake in the company. Shares short for JNPR as of 1711584000 were 12618320 with a Short Ratio of 3.42, compared to 1709164800 on 11351195. Therefore, it implies a Short% of Shares Outstanding of 12618320 and a Short% of Float of 6.02.
Dividends & Splits
In the trailing 12 months, JNPR’s forward annual dividend rate was 0.88, compared to 0.88 this year. Against a Trailing Annual Dividend Yield of 0.024526197The stock’s 5-year Average Dividend Yield is 2.96.
