Juniper Pharmaceuticals, Inc. (JNP) Receives Average Rating of “Buy” from Analysts
Shares of Juniper Pharmaceuticals, Inc. (NASDAQ:JNP) have been given a consensus recommendation of “Buy” by the five ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $23.00.
JNP has been the topic of several recent analyst reports. ValuEngine upgraded Juniper Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. BMO Capital Markets upgraded Juniper Pharmaceuticals from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $31.00 to $34.00 in a report on Friday, July 14th.
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Shares of Juniper Pharmaceuticals (NASDAQ JNP) opened at 4.85 on Friday. The stock has a market capitalization of $52.59 million, a P/E ratio of 6.27 and a beta of 0.24. Juniper Pharmaceuticals has a one year low of $3.65 and a one year high of $6.40. The stock’s 50 day moving average is $4.57 and its 200-day moving average is $4.61.
Juniper Pharmaceuticals (NASDAQ:JNP) last posted its quarterly earnings data on Thursday, August 3rd. The specialty pharmaceutical company reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.10. The firm had revenue of $13.96 million for the quarter, compared to the consensus estimate of $11.84 million. Juniper Pharmaceuticals had a return on equity of 21.49% and a net margin of 13.94%. On average, equities research analysts expect that Juniper Pharmaceuticals will post ($0.46) EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of JNP. Municipal Employees Retirement System of Michigan acquired a new position in shares of Juniper Pharmaceuticals in the 2nd quarter valued at about $1,192,000. Renaissance Technologies LLC increased its holdings in shares of Juniper Pharmaceuticals by 21.7% in the 1st quarter. Renaissance Technologies LLC now owns 309,500 shares of the specialty pharmaceutical company’s stock valued at $1,470,000 after purchasing an additional 55,200 shares during the period. Nationwide Fund Advisors increased its holdings in shares of Juniper Pharmaceuticals by 5,500.0% in the 2nd quarter. Nationwide Fund Advisors now owns 56,000 shares of the specialty pharmaceutical company’s stock valued at $283,000 after purchasing an additional 55,000 shares during the period. JW Asset Management LLC increased its holdings in shares of Juniper Pharmaceuticals by 10.0% in the 2nd quarter. JW Asset Management LLC now owns 426,903 shares of the specialty pharmaceutical company’s stock valued at $2,156,000 after purchasing an additional 38,771 shares during the period. Finally, KCG Holdings Inc. acquired a new position in shares of Juniper Pharmaceuticals in the 1st quarter valued at about $112,000. Institutional investors own 36.20% of the company’s stock.
About Juniper Pharmaceuticals
Juniper Pharmaceuticals, Inc is a women’s health therapeutics company. The Company is focused on developing therapeutics that address unmet medical needs in women’s health. It operates in two segments: product and service. The product segment is engaged in manufacturing and supplying CRINONE, the Company’s commercialized product.
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