Market Resilience: Juniper Networks Inc (JNPR) Finishes Strong at 39.00, Up 0.46

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Juniper Networks Inc (NYSE: JNPR) closed the day trading at $39.00 up 0.46% from the previous closing price of $38.82. In other words, the price has increased by $0.46 from its previous closing price. On the day, 2.73 million shares were traded. JNPR stock price reached its highest trading level at $39.03 during the session, while it also had its lowest trading level at $38.755.

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 11.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.

On October 10, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $32 to $29.

Raymond James Downgraded its Strong Buy to Outperform on July 24, 2023, whereas the target price for the stock was revised from $38 to $37.

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 Jul 02 ’24 when Miller Kenneth Bradley sold 40,000 shares for $36.67 per share. The transaction valued at 1,466,980 led to the insider holds 84,776 shares of the business.

Miller Kenneth Bradley sold 40,000 shares of JNPR for $1,460,084 on Jul 01 ’24. The EVP CFO now owns 124,776 shares after completing the transaction at $36.50 per share. On Jul 03 ’24, another insider, Miller Kenneth Bradley, who serves as the EVP CFO of the company, sold 28,669 shares for $36.53 each. As a result, the insider received 1,047,290 and left with 56,107 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 12837357568 and an Enterprise Value of 13526675456. As of this moment, Juniper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.32, and their Forward P/E ratio for the next fiscal year is 19.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 2.652 whereas that against EBITDA is 24.702.

Stock Price History:

Over the past 52 weeks, JNPR has reached a high of $39.03, while it has fallen to a 52-week low of $24.87. The 50-Day Moving Average of the stock is 5.11%, while the 200-Day Moving Average is calculated to be 12.24%.

Shares Statistics:

Over the past 3-months, JNPR traded about 2.32M shares per day on average, while over the past 10 days, JNPR traded about 1990470 shares per day. A total of 329.16M shares are outstanding, with a floating share count of 324.38M. Insiders hold about 1.45% of the company’s shares, while institutions hold 89.22% stake in the company. Shares short for JNPR as of 1722384000 were 12597027 with a Short Ratio of 5.44, compared to 1719532800 on 11873474. Therefore, it implies a Short% of Shares Outstanding of 12597027 and a Short% of Float of 5.87.

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 0.022668727The stock’s 5-year Average Dividend Yield is 2.94.

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