As of Thursday close, Juniper Networks Inc.’s (NYSE:JNPR) stock was up $0.83, moving up 3.06 percent to $27.95. The average number of shares traded per day over the past five days has been 3,898,960 shares. 2 times new highs have been achieved over the past 5 days, with a $0.10 gain in that time frame. In the last twenty days, the average volume was 4,654,560, while in the previous 50 days, it was 3,986,730.
Since last month, JNPR stock retreated -7.51%. Shares of the company fell to $27.10 on 08/16/23, the lowest level in the past month. A 52-week high of $34.53 was reached on 04/03/23 after having rallying from a 52-week low of $25.18. Since the beginning of this year, JNPR’s stock price has dropped by -12.55% or -$4.01, and marked a new high 6 times. However, the stock has declined by -19.06% since its 52-week high.
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JNPR stock investors should be aware that Juniper Networks Inc. (JNPR) stock had its last reported insider trading activity 3 days ago on Aug 15. Miller Kenneth Bradley, the EVP CFO of the company, disposed of 15,000 shares for $27.61 on Aug 15. It resulted in a $414,075 divestment by the insider. DelSanto Anne sold 900 shares at an average price of $27.98 on Aug 01. The insider now owns 29,243 shares following the transaction. On Jul 03, Director DelSanto Anne sold 900 shares at $31.21 apiece. The transaction was valued at $28,089.
Valuation Metrics
Right now, Juniper Networks Inc. (JNPR) has a P/E ratio of about 22.36. The stock’s beta is 0.92. Besides these, the trailing price-to-sales (P/S) ratio of 1.60, the price-to-book (PB) ratio of 2.05, and the price-to-cash flow ratio of 15.94 may also be considered.
The latest dividend of $0.22 per share was paid out, remained unchanged from last year’s $0.22.
Financial Health
In the recent quarter, Juniper Networks Inc.’s quick ratio stood at 1.20, 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 recent quarter was 0.37, and the total debt-to-equity ratio was 0.37. On the profitability front, the trailing twelve-month gross margin is 56.50% percent. In the recent year, EBITDA margin amounted to 14.94%, whereas operating margins totaled 10.80%. 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 9.40%.
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 11.22% to $1.37 billion during the quarter, while net income inched up to $1.43 billion. During the quarter, the company generated $190.2 million in EBITDA. The liabilities of Juniper Networks Inc. were 5.02 billion at the end of its most recent quarter, and its total debt was $1.79 billion. The value of shareholders’ equity is $321.36 million.
Technical Picture
This quick technical analysis looks at Juniper Networks Inc.’s (JNPR) price momentum. With a historical volatility rate of 20.30%, the RSI 9-day stood at 46.06% on 17 August.
With respect to its five-day moving average, the current Juniper Networks Inc. price is up by +0.36% percent or $0.10. At present, JNPR shares trade -6.62% below its 20-day simple moving average and -14.47% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.29% below its SMA50 and -9.34% below its SMA200.
Stochastic coefficient K was 20.77% and Stochastic coefficient D was 14.97%, while ATR was 0.57. Given the Stochastic reading of 55.56% for the 14-day period, the RSI (14) reading has been calculated as 42.48%. As of today, the MACD Oscillator reading stands at -0.23, while the 14-day reading stands at -0.38.
Analyst Ratings
Juniper Networks Inc. downgraded its rating on Juniper Networks Inc. (NYSE: JNPR) to an Outperform in a note to investors on July 24, 2023. The analysts firm previously had a Strong buy rating on the stock.Juniper Networks Inc. (JNPR) has been rated Overweight by analysts. According to 1 brokerage firm, JNPR is a sell, and 7 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate Juniper Networks Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $34.00, the current consensus forecast for the stock is $28.00 – $38.00. Based on these forecasts, analysts predict Juniper Networks Inc. (JNPR) will achieve an average price target of $32.57.
