Juniper Networks Inc (NYSE: JNPR)’s stock price has decreased by -0.35 compared to its previous closing price of 36.65. However, the company has seen a -1.64% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-09 that In the most recent trading session, Juniper Networks (JNPR) closed at $37.18, indicating a +0.13% shift from the previous trading day.
Is It Worth Investing in Juniper Networks Inc (NYSE: JNPR) Right Now?
Juniper Networks Inc (NYSE: JNPR) has a higher price-to-earnings ratio of 38.35x compared to its average ratio. JNPR has 36-month beta value of 0.97. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 19 as “hold,” and 2 as “sell.”
The public float for JNPR is 320.14M, and currently, short sellers hold a 3.94% ratio of that float. The average trading volume of JNPR on April 16, 2024 was 3.95M shares.
JNPR’s Market Performance
JNPR stock saw an increase of -1.64% in the past week, with a monthly gain of 0.14% and a quarterly increase of -2.64%. The volatility ratio for the week is 0.62%, and the volatility levels for the last 30 days are 0.59% for Juniper Networks Inc (JNPR). The simple moving average for the last 20 days is -1.14% for JNPR stock, with a simple moving average of 17.15% for the last 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 previous year 2023.
Raymond James, on the other hand, stated in their research note that they expect to see JNPR reach a price target of $37, previously predicting the price at $38. The rating they have provided for JNPR stocks is “Outperform” according to the report published on July 24th, 2023.
Exane BNP Paribas gave a rating of “Neutral” to JNPR, setting the target price at $31 in the report published on July 20th of the previous year.
JNPR Trading at -1.33% 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 -4.00% of loss for the given period.
Volatility was left at 0.59%, however, over the last 30 days, the volatility rate increased by 0.62%, as shares surge +0.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.00% lower at present.
During the last 5 trading sessions, JNPR fell by -1.64%, which changed the moving average for the period of 200-days by +19.66% in comparison to the 20-day moving average, which settled at $36.96. In addition, Juniper Networks Inc saw 23.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JNPR starting from rahim rami, who sale 5,555 shares at the price of $37.06 back on Apr 05 ’24. After this action, rahim rami now owns 1,003,429 shares of Juniper Networks Inc, valued at $205,875 using the latest closing price.
rahim rami, the Chief Executive Officer of Juniper Networks Inc, sale 5,555 shares at $37.03 during a trade that took place back on Apr 04 ’24, which means that rahim rami is holding 1,008,984 shares at $205,694 based on the most recent closing price.
Stock Fundamentals for JNPR
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.58 for the gross margin
The net margin for Juniper Networks Inc stands at 0.06. The total capital return value is set at 0.06.
Based on Juniper Networks Inc (JNPR), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 6.67.
Currently, EBITDA for the company is 813.0 million with net debt to EBITDA at 0.67. When we switch over and look at the enterprise to sales, we see a ratio of 2.24. The receivables turnover for the company is 5.33for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
To put it simply, Juniper Networks Inc (JNPR) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
