The Short-term Rise and Fall of Juniper Networks Inc (JNPR) Stock

A share price of Juniper Networks Inc [JNPR] is currently trading at $36.97, down -0.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The JNPR shares have lost -0.83% over the last week, with a monthly amount drifted -1.28%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Juniper Networks Inc [NYSE: JNPR] stock has seen the most recent analyst activity on October 10, 2023, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $29 from $32. Previously, Raymond James downgraded its rating to Outperform on July 24, 2023, and dropped its price target to $37. On July 20, 2023, Exane BNP Paribas initiated with a Neutral rating and assigned a price target of $31 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $38 on June 30, 2023. Evercore ISI upgraded its rating to a Outperform and raised its price target to $38 on March 30, 2023. In a note dated October 21, 2022, Raymond James upgraded an Strong Buy rating on this stock and boosted its target price from $36 to $37.

Juniper Networks Inc experienced fluctuations in its stock price throughout the past year between $24.87 and $38.04. Currently, Wall Street analysts expect the stock to reach $36 within the next 12 months. Juniper Networks Inc [NYSE: JNPR] shares were valued at $36.97 at the most recent close of the market. An investor can expect a potential drop of -2.62% based on the average JNPR price forecast.

Analyzing the JNPR fundamentals

Trailing Twelve Months sales for Juniper Networks Inc [NYSE:JNPR] were 5.56B which represents -5.80% decline. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.89 points at the first support level, and at 36.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.10, and for the 2nd resistance point, it is at 37.24.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Juniper Networks Inc [NYSE:JNPR] is 1.80. On the other hand, the Quick Ratio is 1.35, and the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 2.64 and price to earnings (TTM) ratio is 38.82.

Transactions by insiders

Recent insider trading involved rahim rami, Chief Executive Officer, that happened on Mar 06 ’24 when 5555.0 shares were sold. Chief Executive Officer, rahim rami completed a deal on Mar 05 ’24 to sell 5555.0 shares. Meanwhile, Chief Executive Officer rahim rami sold 5555.0 shares on Mar 04 ’24.

Related Posts