Juniper Networks Inc. (NYSE:JNPR) saw an upside of 0.50% to close Tuesday at $32.01 after adding $0.16 on the day. The 5-day average trading volume is 3,774,860 shares of the company’s common stock. It has gained $33.04 in the past week and touched a new high 1 time within the past 5 days. An average of 2,852,360 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,130,684.
JNPR’s 1-month performance is 0.82% or $0.34 on its low of $30.42 reached on 01/20/23. The company’s shares have touched a 52-week low of $25.18 and high of $38.14, with the stock’s rally to the 52-week high happening on 01/04/23. YTD, JNPR has achieved 0.16% or $0.05 and has reached a new high 2 times. However, the current price is down -16.07% from the 52-week high price.
JNPR stock investors last saw insider trading activity on Dec 07.rahim rami (Chief Executive Officer) most recently sold 6,250 shares at $31.98 per share on Dec 07. This transaction cost the insider $199,901. Chief Executive Officer, rahim rami, sold 6,250 shares at a price of $32.13 on Dec 06. Then, on Dec 05, Chief Executive Officer rahim rami sold 6,250 shares at a price of $32.49 per share. This transaction amounted to $203,048.
JNPR stock has a beta of 0.95. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.02 while the price-to-book (PB) in the most recent quarter is 2.38.
Juniper Networks Inc.’s quick ratio for the period ended September 29 was 1.40, with the current ratio over the same period at 1.70.. In terms of profitability, the gross margin trailing 12 months is 55.90%. The firm’s gross profit as reported stood at $2.74 billion against revenue of $4.74 billion.
For the quarterly period ending September 29 this year, Juniper Networks Inc.’s cash and short-term investments amounted to $226.2 million against total debt of $1.81 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 26.83% to $121.5 million, while revenue of $113.4 million was 6.67% off the previous quarter. Analysts expected JNPR to announce $0.5 per share in earnings in its latest quarter, but it posted $0.58, representing a 16.00% surprise. EBITDA for the quarter stood at more than $203.2 million. JNPR stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 4.64 billion, with total debt at $1.81 billion. Shareholders hold equity totaling $324.56 million.
Let’s look briefly at Juniper Networks Inc. (JNPR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 53.36% to suggest the stock is trending Neutral, with historical volatility in this time period at 16.41%.
The stock’s 5-day moving average is $31.77, reflecting a -0.34% or -$0.11 change from its current price. JNPR is currently trading +1.98% above its 20-day SMA, +10.68% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +10.61% and SMA200 by-10.03%.
Stochastic %K and %D was 50.78% and 40.36% and the average true range (ATR) pointed at 0.73. The RSI (14) points at 52.41%, while the 14-day stochastic is at 59.66% with the period’s ATR at 0.72. The stock’s 9-day MACD Oscillator is pointing at -0.09 and -0.04 on the 14-day charts.
In the most recent analyst report for Juniper Networks Inc. (NYSE: JNPR), Raymond James upgraded it to a Strong buy rating. They previously had an Outperform rating on the stock. Analysts offering their rating for JNPR stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate JNPR as a “sell,”, while 9 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 6 have offered a “buy” rating.