Juniper Networks Inc (JNPR) Shares Soar Above 1-Year High

The stock of Juniper Networks Inc (NYSE: JNPR) has increased by 0.08 when compared to last closing price of 38.60. Despite this, the company has experienced a 0.76% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-16 that BASINGSTOKE, England–(BUSINESS WIRE)– #quantumpendantjapanesetechnologyprice–Juniper Research has found quantum technology commercial revenue will rise from $2.7 billion in 2024 to $9.4 billion in 2030.

Is It Worth Investing in Juniper Networks Inc (NYSE: JNPR) Right Now?

Juniper Networks Inc (NYSE: JNPR) has a price-to-earnings ratio that is above its average at 53.80x. The stock has a 36-month beta value of 0.92. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 0 as “overweight,” 19 as “hold,” and 2 as “sell.”

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The public float for JNPR is 324.71M, and at present, short sellers hold a 3.74% of that float. On September 17, 2024, the average trading volume of JNPR was 2.50M shares.

JNPR’s Market Performance

The stock of Juniper Networks Inc (JNPR) has seen a 0.76% increase in the past week, with a -0.46% drop in the past month, and a 8.94% gain in the past quarter. The volatility ratio for the week is 0.55%, and the volatility levels for the past 30 days are at 0.57% for JNPR. The simple moving average for the last 20 days is -0.25% for JNPR stock, with a simple moving average of 8.10% for the last 200 days.

Analysts’ Opinion of JNPR

JP Morgan, on the other hand, stated in their research note that they expect to see JNPR reach a price target of $29, previously predicting the price at $32. The rating they have provided for JNPR stocks is “Neutral” according to the report published on October 10th, 2023.

Raymond James gave a rating of “Outperform” to JNPR, setting the target price at $37 in the report published on July 24th of the previous year.

JNPR Trading at 1.40% 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 -1.10% of loss for the given period.

Volatility was left at 0.57%, however, over the last 30 days, the volatility rate increased by 0.55%, as shares sank -0.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.20% upper at present.

During the last 5 trading sessions, JNPR rose by +0.76%, which changed the moving average for the period of 200-days by +40.52% in comparison to the 20-day moving average, which settled at $38.72. In addition, Juniper Networks Inc saw 31.04% 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 Miller Kenneth Bradley, who sale 40,000 shares at the price of $36.67 back on Jul 02 ’24. After this action, Miller Kenneth Bradley now owns 84,776 shares of Juniper Networks Inc, valued at $1,466,980 using the latest closing price.

Miller Kenneth Bradley, the EVP CFO of Juniper Networks Inc, sale 40,000 shares at $36.50 during a trade that took place back on Jul 01 ’24, which means that Miller Kenneth Bradley is holding 124,776 shares at $1,460,084 based on the most recent closing price.

Stock Fundamentals for JNPR

Current profitability levels for the company are sitting at:

  • 0.06 for the present operating margin
  • 0.59 for the gross margin

The net margin for Juniper Networks Inc stands at 0.05. The total capital return value is set at 0.04. Equity return is now at value 5.28, with 2.49 for asset returns.

Based on Juniper Networks Inc (JNPR), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 3.5.

Currently, EBITDA for the company is 813.0 million with net debt to EBITDA at 1.25. When we switch over and look at the enterprise to sales, we see a ratio of 2.65. The receivables turnover for the company is 5.8for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.

Conclusion

To sum up, Juniper Networks Inc (JNPR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.

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