Somewhat Positive Press Coverage Somewhat Unlikely to Affect Juniper Networks (JNPR) Stock Price
Media stories about Juniper Networks (NYSE:JNPR) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Juniper Networks earned a news impact score of 0.14 on Accern’s scale. Accern also gave news articles about the network equipment provider an impact score of 45.777483132086 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- A quick recap Technical data on Juniper Networks, Inc. (JNPR) – Wall Street Morning (wallstreetmorning.com)
- Juniper Networks, Inc. (NYSE: JNPR) – Do Investors Feel Confident About Stock’s Future Direction? – Alpha Beta Stock (alphabetastock.com)
- Juniper Networks, Inc. (JNPR) Attempt to Shakeup Active Momentum on New Compulsions – Stock News Stop (stockmarketstop.com)
- Media Advisory: Juniper Networks to Discuss the Automation and Security of Private, Public and Hybrid Clouds at AWS re:Invent (finance.yahoo.com)
- Hot Stock’s Watch List: Juniper Networks Inc (NYSE: JNPR) – Alpha Beta Stock (alphabetastock.com)
Several research firms recently issued reports on JNPR. Zacks Investment Research raised shares of Juniper Networks from a “hold” rating to a “strong-buy” rating and set a $32.00 price target for the company in a research report on Wednesday, August 16th. BidaskClub lowered shares of Juniper Networks from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Robert W. Baird reissued a “hold” rating and issued a $26.00 price target (down previously from $28.00) on shares of Juniper Networks in a research report on Wednesday, October 25th. Bank of America Corporation lowered shares of Juniper Networks from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $35.00 to $31.00 in a research report on Wednesday, October 11th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $30.00 price target on shares of Juniper Networks in a research report on Wednesday, September 6th. Five investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $29.42.
Juniper Networks (JNPR) traded up $0.33 during midday trading on Friday, hitting $27.34. 2,490,000 shares of the stock traded hands, compared to its average volume of 6,540,000. The firm has a market capitalization of $10,400.00, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.41. Juniper Networks has a 12 month low of $23.87 and a 12 month high of $30.96.
Juniper Networks (NYSE:JNPR) last posted its quarterly earnings data on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.03). The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.26 billion. Juniper Networks had a return on equity of 13.81% and a net margin of 12.77%. The business’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.58 EPS. research analysts expect that Juniper Networks will post 1.7 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.46%. Juniper Networks’s dividend payout ratio (DPR) is currently 23.95%.
In other news, CEO Rami Rahim sold 5,300 shares of the stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $27.47, for a total transaction of $145,591.00. Following the sale, the chief executive officer now directly owns 469,607 shares of the company’s stock, valued at $12,900,104.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rahul N. Merchant purchased 2,000 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were bought at an average cost of $24.48 per share, for a total transaction of $48,960.00. Following the completion of the purchase, the director now directly owns 22,543 shares of the company’s stock, valued at $551,852.64. The disclosure for this purchase can be found here. Insiders have sold 48,200 shares of company stock worth $1,296,861 over the last three months. 2.60% of the stock is owned by insiders.
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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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