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

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Juniper Networks Inc (NYSE: JNPR) has experienced a rise in its stock price by 0.13 compared to its previous closing price of 39.21. However, the company has seen a gain of 1.29% in its stock price over the last five trading days. youtube.com reported 2024-10-17 that As Hewlett Packard Enterprise (HPE) expects to close its acquisition of Juniper Networks (JNPR) in the coming weeks, HPE CEO Antonio Neri sits down with Yahoo Finance’s Executive Editor Brian Sozzi and Morning Brief Host Seana Smith to discuss the deal and how the company is working to expand its artificial intelligence (AI) offerings. Watch the video above for Neri’s perspective on Big Tech’s recent push into nuclear energy, what’s next for AI, HPE’s ongoing Nvidia (NVDA) partnership, and more.

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

Juniper Networks Inc (NYSE: JNPR) has a price-to-earnings ratio of 54.68x that is above its average ratio. Additionally, the 36-month beta value for JNPR is 0.92. 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.”

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The public float for JNPR is 324.71M and currently, short sellers hold a 3.21% ratio of that float. The average trading volume of JNPR on October 22, 2024 was 3.14M shares.

JNPR’s Market Performance

The stock of Juniper Networks Inc (JNPR) has seen a 1.29% increase in the past week, with a 0.93% rise in the past month, and a 5.59% gain in the past quarter. The volatility ratio for the week is 0.62%, and the volatility levels for the past 30 days are at 0.49% for JNPR. The simple moving average for the last 20 days is 0.89% for JNPR’s stock, with a simple moving average of 6.09% for the last 200 days.

Analysts’ Opinion of JNPR

Many brokerage firms have already submitted their reports for JNPR stocks, with Citigroup repeating the rating for JNPR by listing it as a “Neutral.” The predicted price for JNPR in the upcoming period, according to Citigroup is $40 based on the research report published on September 24, 2024 of the current year 2024.

JP Morgan gave a rating of “Neutral” to JNPR, setting the target price at $29 in the report published on October 10th of the previous year.

JNPR Trading at 1.11% 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 -1.33% of loss for the given period.

Volatility was left at 0.49%, however, over the last 30 days, the volatility rate increased by 0.62%, as shares surge +1.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.79% upper at present.

During the last 5 trading sessions, JNPR rose by +1.29%, which changed the moving average for the period of 200-days by +31.88% in comparison to the 20-day moving average, which settled at $38.91. In addition, Juniper Networks Inc saw 33.18% 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 2.69. 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

In conclusion, Juniper Networks Inc (JNPR) has seen better 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.

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