Juniper Networks Inc (NYSE: JNPR)’s stock price has plunge by -0.15relation to previous closing price of 38.96. Nevertheless, the company has seen a 0.78% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-09-19 that SUNNYVALE, Calif.–(BUSINESS WIRE)–Juniper Networks® (NYSE: JNPR), a leader in secure, AI-Native Networking, today announced several key enhancements to its leading AI-Native Networking Platform that enable customers and partners to take full advantage of the emerging 802.11be amendment (Wi-Fi 7), which promises higher throughput, lower latency, extended range and greater reliability than previous Wi-Fi versions. By combining new Juniper Mist Wi-Fi 7 access points (APs) and high-power campus E.
Is It Worth Investing in Juniper Networks Inc (NYSE: JNPR) Right Now?
The price-to-earnings ratio for Juniper Networks Inc (NYSE: JNPR) is 54.18x, which is above its average ratio. Moreover, the 36-month beta value for JNPR is 0.92. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 3.74% of that float. On September 23, 2024, JNPR’s average trading volume was 2.68M shares.
JNPR’s Market Performance
The stock of Juniper Networks Inc (JNPR) has seen a 0.78% increase in the past week, with a -0.26% drop in the past month, and a 8.99% 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 0.58% for JNPR. The simple moving average for the last 20 days is 0.45% for JNPR stock, with a simple moving average of 8.20% 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 1.68% 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 -0.59% of loss for the given period.
Volatility was left at 0.58%, however, over the last 30 days, the volatility rate increased by 0.55%, as shares surge +0.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.68% upper at present.
During the last 5 trading sessions, JNPR rose by +0.78%, which changed the moving average for the period of 200-days by +34.65% in comparison to the 20-day moving average, which settled at $38.73. In addition, Juniper Networks Inc saw 31.95% 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 2.66. 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 wrap up, the performance of Juniper Networks Inc (JNPR) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
