What is the best trade option for Juniper Networks Inc (JNPR) stock?

Juniper Networks Inc [JNPR] stock prices are down -0.60% to $37.97 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The JNPR shares have gain 0.88% over the last week, with a monthly amount glided 3.40%, and 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 June 18, 2024, when Argus upgraded its rating to a Buy. Previously, JP Morgan downgraded its rating to Neutral on October 10, 2023, and dropped its price target to $29. On July 24, 2023, downgrade downgraded it’s rating to Outperform and revised its price target to $37 on the stock. Exane BNP Paribas started tracking the stock assigning a Neutral rating and suggested a price target of $31 on July 20, 2023. Citigroup initiated its recommendation with a Buy and recommended $38 as its price target on June 30, 2023. Evercore ISI upgraded its rating to Outperform for this stock on March 30, 2023, and upped its price target to $38. In a note dated March 07, 2023, Goldman initiated an Buy rating.

The stock price of Juniper Networks Inc [JNPR] has been fluctuating between $24.87 and $38.27 over the past year. Currently, Wall Street analysts expect the stock to reach $35.47 within the next 12 months. Juniper Networks Inc [NYSE: JNPR] shares were valued at $37.97 at the most recent close of the market. An investor can expect a potential drop of -6.58% based on the average JNPR price forecast.

Analyzing the JNPR fundamentals

The Juniper Networks Inc [NYSE:JNPR] reported sales of 5.10B for trailing twelve months, representing a drop of -16.82%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.37.

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 37.84 points at the first support level, and at 37.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.20, and for the 2nd resistance point, it is at 38.42.

Ratios To Look Out For

It’s worth pointing out that Juniper Networks Inc [NYSE:JNPR]’s Current Ratio is 1.69. In addition, the Quick Ratio stands at 1.23 and the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 2.45, the price to book ratio is 2.74 and price to earnings (TTM) ratio is 52.88.

Transactions by insiders

Recent insider trading involved Miller Kenneth Bradley, EVP CFO, that happened on Jul 03 ’24 when 28669.0 shares were sold. EVP CFO, Miller Kenneth Bradley completed a deal on Jul 02 ’24 to sell 40000.0 shares. Meanwhile, EVP CFO Miller Kenneth Bradley sold 40000.0 shares on Jul 01 ’24.

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