The price-to-earnings ratio for Juniper Networks Inc (NYSE: JNPR) is above average at 49.98x. The 36-month beta value for JNPR is also noteworthy at 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 320.74M, and at present, short sellers hold a 4.51% of that float. The average trading volume of JNPR on May 08, 2024 was 3.47M shares.
JNPR) stock’s latest price update
The stock of Juniper Networks Inc (NYSE: JNPR) has decreased by -0.81 when compared to last closing price of 34.78. Despite this, the company has experienced a -0.92% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-26 that Juniper (JNPR) reports weak Q1 2024 results. It is in a pivotal transition period as Hewlett Packard Enterprise plans to acquire Juniper in an all-cash deal valued at approximately $14 billion.
JNPR’s Market Performance
JNPR’s stock has fallen by -0.92% in the past week, with a monthly drop of -7.08% and a quarterly drop of -6.73%. The volatility ratio for the week is 0.97% while the volatility levels for the last 30 days are 1.01% for Juniper Networks Inc The simple moving average for the past 20 days is -3.57% for JNPR’s stock, with a 9.32% 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 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 -5.55% 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 -9.31% of loss for the given period.
Volatility was left at 1.01%, however, over the last 30 days, the volatility rate increased by 0.97%, as shares sank -7.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.96% lower at present.
During the last 5 trading sessions, JNPR fell by -0.92%, which changed the moving average for the period of 200-days by +14.96% in comparison to the 20-day moving average, which settled at $35.64. In addition, Juniper Networks Inc saw 17.03% 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 $34.86 back on May 03 ’24. After this action, rahim rami now owns 986,764 shares of Juniper Networks Inc, valued at $193,640 using the latest closing price.
rahim rami, the Chief Executive Officer of Juniper Networks Inc, sale 5,555 shares at $34.72 during a trade that took place back on May 02 ’24, which means that rahim rami is holding 992,319 shares at $192,890 based on the most recent closing price.
Stock Fundamentals for JNPR
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.58 for the gross margin
The net margin for Juniper Networks Inc stands at 0.04. The total capital return value is set at 0.05. Equity return is now at value 5.02, with 2.38 for asset returns.
Based on Juniper Networks Inc (JNPR), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 4.58.
Currently, EBITDA for the company is 813.0 million with net debt to EBITDA at 0.77. 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 6.55for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.74.
Conclusion
In summary, Juniper Networks Inc (JNPR) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
