Juniper Networks Inc [JNPR] stock prices are down -0.56% to $36.97 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The JNPR shares have lost -0.22% over the last week, with a monthly amount drifted -0.08%, and not seem to be holding up well over a long-time horizon.
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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.
The stock price of Juniper Networks Inc [JNPR] has been fluctuating between $24.87 and $38.04 over the past year. 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
The Juniper Networks Inc [NYSE:JNPR] reported sales of 5.56B for trailing twelve months, representing a drop of -5.80%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
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 36.85 points at the first support level, and at 36.72 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 37.23.
Juniper Networks Inc [JNPR] reported earnings per share of $0.61 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.64/share, meaning a difference of -$0.03 and a surprise factor of -4.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.6 per share as compared to estimates of $0.55 per share, a difference of $0.05 representing a surprise of 9.10%.
Ratios To Look Out For
It’s worth pointing out that Juniper Networks Inc [NYSE:JNPR]’s Current Ratio is 1.80. Also, the Quick Ratio is 1.35, while the Cash Ratio stands at 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 Apr 05 ’24 when 5555.0 shares were sold. Chief Executive Officer, rahim rami completed a deal on Apr 04 ’24 to sell 5555.0 shares. Meanwhile, Chief Executive Officer rahim rami sold 5555.0 shares on Apr 03 ’24.
