As of Friday close, Juniper Networks Inc.’s (NYSE:JNPR) stock was down -$0.25, moving down -0.79 percent to $31.33. The average number of shares traded per day over the past five days has been 4,033,920 shares. 4 times new highs have been achieved over the past 5 days, with a $0.53 gain in that time frame. In the last twenty days, the average volume was 3,380,380, while in the previous 50 days, it was 3,771,680.
Since last month, JNPR stock retreated -0.60%. Shares of the company fell to $30.33 on 03/13/23, the lowest level in the past month. A 52-week high of $38.14 was reached on 01/04/23 after having rallying from a 52-week low of $25.18. Since the beginning of this year, JNPR’s stock price has dropped by -1.97% or -$0.63, and marked a new high 2 times. However, the stock has declined by -17.86% since its 52-week high.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
JNPR stock investors should be aware that Juniper Networks Inc. (JNPR) stock had its last reported insider trading activity 10 days ago on Mar 08. rahim rami, the Chief Executive Officer of the company, disposed of 6,250 shares for $31.28 on Mar 08. It resulted in a $195,509 divestment by the insider. rahim rami sold 6,250 shares at an average price of $31.33 on Mar 07. The insider now owns 943,339 shares following the transaction. On Mar 06, Chief Executive Officer rahim rami sold 6,250 shares at $31.31 apiece. The transaction was valued at $195,660.
Right now, Juniper Networks Inc. (JNPR) has a P/E ratio of about 21.91. The stock’s beta is 0.94. Besides these, the trailing price-to-sales (P/S) ratio of 1.93, the price-to-book (PB) ratio of 2.26.
The latest dividend of $0.22 per share was paid out, which is 4.76% more than last year’s $0.21. On Tuesday January 31 2023, a $0.01 dividend increase was announced.
In the three months ended December 30, Juniper Networks Inc.’s quick ratio stood at 1.40, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.36, and the total debt-to-equity ratio was 0.36. On the profitability front, the trailing twelve-month gross margin is 55.80% percent. In the year ended December 30, operating margins totaled 10.70%. Based on annual data, JNPR earned $2.96 billion in gross profit and brought in $5.3 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.30%. Return on equity (ROE) for the past 12 months was 10.90%.
In Juniper Networks Inc.’s quarter-end financial report for December 30, it reported total debt of $1.6 billion against cash and short-term investments of $210.3 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. JNPR’s revenue rose 10.28% to $1.41 billion during the quarter, while net income inched up to $1.45 billion. While analysts expected Juniper Networks Inc. to report $0.65 quarterly earnings, the actual figure was $0.65 per share. During the quarter, the company generated $255.8 million in EBITDA. The liabilities of Juniper Networks Inc. were 4.85 billion at the end of its most recent quarter ended December 30, and its total debt was $1.72 billion. The value of shareholders’ equity is $323.96 million.
This quick technical analysis looks at Juniper Networks Inc.’s (JNPR) price momentum. With a historical volatility rate of 21.65%, the RSI 9-day stood at 53.95% on 17 March.
With respect to its five-day moving average, the current Juniper Networks Inc. price is up by +1.72% percent or $0.53. At present, JNPR shares trade -0.63% below its 20-day simple moving average and +8.94% percent above its 100-day simple moving average. However, the stock is currently trading approximately -1.57% below its SMA50 and +2.12% above its SMA200.
Stochastic coefficient K was 60.37% and Stochastic coefficient D was 52.35%, while ATR was 0.64. Given the Stochastic reading of 69.07% for the 14-day period, the RSI (14) reading has been calculated as 51.98%. As of today, the MACD Oscillator reading stands at 0.10, while the 14-day reading stands at 0.21.
Goldman launched its rating on Juniper Networks Inc. (NYSE: JNPR) to a Buy in a note to investors on March 07, 2023. Juniper Networks Inc. (JNPR) has been rated Hold by analysts. According to 2 brokerage firms, JNPR is a sell, and 9 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Juniper Networks Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $36.00, the current consensus forecast for the stock is $29.00 – $43.00. Based on these forecasts, analysts predict Juniper Networks Inc. (JNPR) will achieve an average price target of $36.13.