In the past week, JNPR stock has gone down by -1.12%, with a monthly decline of -2.25% and a quarterly plunge of -3.63%. The volatility ratio for the week is 0.84%, and the volatility levels for the last 30 days are 0.62% for Juniper Networks Inc The simple moving average for the past 20 days is -2.02% for JNPR’s stock, with a 15.35% simple moving average for the past 200 days.
Is It Worth Investing in Juniper Networks Inc (NYSE: JNPR) Right Now?
Juniper Networks Inc (NYSE: JNPR) has a price-to-earnings ratio of 37.92x that is above its average ratio. Additionally, the 36-month beta value for JNPR is 0.96. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 19 rating it as “hold,” and 2 rating it 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 23, 2024 was 3.76M shares.
JNPR) stock’s latest price update
Juniper Networks Inc (NYSE: JNPR)’s stock price has gone rise by 0.14 in comparison to its previous close of 36.06, however, the company has experienced a -1.12% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-22 that Juniper (JNPR) is expected to report a top-line decline year over year in the first quarter of 2024, owing to soft demand trends and macroeconomic headwinds.
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 -2.27% 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 -5.07% of loss for the given period.
Volatility was left at 0.62%, however, over the last 30 days, the volatility rate increased by 0.84%, as shares sank -2.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.27% lower at present.
During the last 5 trading sessions, JNPR fell by -1.12%, which changed the moving average for the period of 200-days by +15.81% in comparison to the 20-day moving average, which settled at $36.81. In addition, Juniper Networks Inc saw 22.49% 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. Equity return is now at value 6.92, with 3.29 for asset returns.
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 2.22. 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
In conclusion, Juniper Networks Inc (JNPR) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
