Juniper Networks (JNPR) Earning Somewhat Favorable Press Coverage, Analysis Shows
Media coverage about Juniper Networks (NYSE:JNPR) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Juniper Networks earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the network equipment provider an impact score of 46.1671562351756 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s analysis:
- Bordering on Key Levels: Office Depot, Inc. (ODP), Juniper Networks, Inc. (JNPR) – Market Movers (financialqz.com)
- Juniper Networks, Inc. :JNPR-US: Earnings Analysis: Q3, 2017 By the Numbers : December 8, 2017 (finance.yahoo.com)
- Juniper Networks (JNPR) Given a $31.00 Price Target at Raymond James Financial (americanbankingnews.com)
- Swarthmore Group Has Trimmed Its Medtronic Plc (MDT) Position; Renaissance Group Lowered Juniper Networks … – Hill Country Times (hillcountrytimes.com)
- Juniper Networks, Inc. (JNPR) : Investor is seeking for stock with consensus Analysts Rating? – Wall Street Morning (wallstreetmorning.com)
JNPR has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Juniper Networks from a “hold” rating to a “strong-buy” rating and set a $32.00 target price on the stock in a research report on Wednesday, August 16th. BMO Capital Markets reiterated a “buy” rating and set a $34.00 target price on shares of Juniper Networks in a research report on Wednesday, August 23rd. Royal Bank Of Canada reiterated a “hold” rating and set a $30.00 target price on shares of Juniper Networks in a research report on Wednesday, September 6th. Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a research report on Tuesday, September 12th. Finally, Jefferies Group reiterated a “hold” rating and set a $30.25 target price on shares of Juniper Networks in a research report on Tuesday, October 3rd. Five investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $29.25.
Shares of Juniper Networks (NYSE:JNPR) traded down $0.04 during midday trading on Friday, hitting $28.38. 3,218,300 shares of the stock were exchanged, compared to its average volume of 5,259,084. The firm has a market cap of $10,810.00, a P/E ratio of 15.36, a P/E/G ratio of 2.60 and a beta of 1.10. Juniper Networks has a 1 year low of $23.87 and a 1 year high of $30.96. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.41.
Juniper Networks (NYSE:JNPR) last released its earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). Juniper Networks had a net margin of 12.77% and a return on equity of 13.81%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the firm earned $0.58 EPS. The firm’s revenue was down 2.1% on a year-over-year basis. sell-side analysts expect that Juniper Networks will post 1.7 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.41%. Juniper Networks’s payout ratio is presently 23.95%.
In related news, CEO Rami Rahim sold 5,400 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $26.35, for a total transaction of $142,290.00. Following the transaction, the chief executive officer now owns 469,607 shares in the company, valued at approximately $12,374,144.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Rahul N. Merchant bought 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average price of $24.48 per share, for a total transaction of $48,960.00. Following the transaction, the director now directly owns 22,543 shares in the company, valued at $551,852.64. The disclosure for this purchase can be found here. 2.60% of the stock is owned by insiders.
About Juniper Networks
Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.
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