The stock of Juniper Networks Inc (NYSE: JNPR) has increased by 0.63 when compared to last closing price of 26.82. Despite this, the company has experienced a -0.55% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-16 that The city of Las Vegas selects Juniper’s (JNPR) Cloud Metro technology to upgrade network infrastructure across the city.
Is It Worth Investing in Juniper Networks Inc (NYSE: JNPR) Right Now?
Juniper Networks Inc (NYSE: JNPR) has a price-to-earnings ratio of 24.18x that is above its average ratio. Additionally, the 36-month beta value for JNPR is 0.91. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 rating it as “hold,” and 1 rating it as “sell.”
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The average price predicted by analysts for JNPR is $31.57, which is $4.58 above the current price. The public float for JNPR is 314.80M and currently, short sellers hold a 3.25% ratio of that float. The average trading volume of JNPR on November 20, 2023 was 3.29M shares.
JNPR’s Market Performance
JNPR stock saw an increase of -0.55% in the past week, with a monthly gain of 7.66% and a quarterly increase of -3.61%. The volatility ratio for the week is 2.52%, and the volatility levels for the last 30 days are 2.26% for Juniper Networks Inc (JNPR). The simple moving average for the past 20 days is 1.80% for JNPR’s stock, with a -8.78% simple moving average for the past 200 days.
Analysts’ Opinion of JNPR
Many brokerage firms have already submitted their reports for JNPR stocks, with JP Morgan repeating the rating for JNPR by listing it as a “Neutral.” The predicted price for JNPR in the upcoming period, according to JP Morgan is $29 based on the research report published on October 10, 2023 of the current year 2023.
JNPR Trading at -0.12% from the 50-Day Moving Average
After a stumble in the market that brought JNPR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.84% of loss for the given period.
Volatility was left at 2.26%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +6.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.16% lower at present.
During the last 5 trading sessions, JNPR fell by -0.55%, which changed the moving average for the period of 200-days by -14.18% in comparison to the 20-day moving average, which settled at $26.60. In addition, Juniper Networks Inc saw -15.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JNPR starting from Miller Kenneth Bradley, who sale 15,000 shares at the price of $27.72 back on Nov 15. After this action, Miller Kenneth Bradley now owns 30,000 shares of Juniper Networks Inc, valued at $415,796 using the latest closing price.
rahim rami, the Chief Executive Officer of Juniper Networks Inc, sale 5,556 shares at $26.93 during a trade that took place back on Nov 08, which means that rahim rami is holding 879,410 shares at $149,646 based on the most recent closing price.
Stock Fundamentals for JNPR
Current profitability levels for the company are sitting at:
- +10.17 for the present operating margin
- +56.37 for the gross margin
The net margin for Juniper Networks Inc stands at +8.88. The total capital return value is set at 8.71, while invested capital returns managed to touch 7.63. Equity return is now at value 8.45, with 3.99 for asset returns.
Based on Juniper Networks Inc (JNPR), the company’s capital structure generated 38.41 points at debt to equity in total, while total debt to capital is 27.75. Total debt to assets is 18.43, with long-term debt to equity ratio resting at 38.41. Finally, the long-term debt to capital ratio is 27.75.
When we switch over and look at the enterprise to sales, we see a ratio of 1.63, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 4.77 and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.74.
Conclusion
In conclusion, Juniper Networks Inc (JNPR) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.