Juniper Networks, Inc. (NYSE:JNPR) has been assigned a consensus recommendation of “Hold” from the thirty-three analysts that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $28.73.

JNPR has been the subject of a number of research reports. BidaskClub raised Juniper Networks from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Citigroup dropped their target price on Juniper Networks from $28.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 25th. Nomura downgraded Juniper Networks from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $33.00 to $27.00 in a report on Thursday, October 12th. Zacks Investment Research downgraded Juniper Networks from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, Bank of America dropped their target price on Juniper Networks from $31.00 to $30.00 and set a “neutral” rating for the company in a report on Wednesday, October 18th.

In other news, CEO Rami Rahim sold 5,400 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $26.35, for a total transaction of $142,290.00. Following the sale, the chief executive officer now directly owns 469,607 shares in the company, valued at $12,374,144.45. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Rahul N. Merchant purchased 2,000 shares of Juniper Networks stock in a transaction dated Wednesday, November 8th. The shares were purchased at an average price of $24.48 per share, for a total transaction of $48,960.00. Following the completion of the acquisition, the director now owns 22,543 shares of the company’s stock, valued at approximately $551,852.64. The disclosure for this purchase can be found here. Insiders own 2.60% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. bought a new stake in Juniper Networks in the third quarter valued at approximately $111,000. Acrospire Investment Management LLC boosted its holdings in Juniper Networks by 4.3% in the second quarter. Acrospire Investment Management LLC now owns 4,890 shares of the network equipment provider’s stock valued at $136,000 after acquiring an additional 201 shares during the last quarter. Stevens First Principles Investment Advisors boosted its holdings in Juniper Networks by 40.9% in the third quarter. Stevens First Principles Investment Advisors now owns 7,045 shares of the network equipment provider’s stock valued at $196,000 after acquiring an additional 2,045 shares during the last quarter. Petrus Trust Company LTA bought a new stake in Juniper Networks in the second quarter valued at approximately $204,000. Finally, Synovus Financial Corp boosted its holdings in Juniper Networks by 1.9% in the second quarter. Synovus Financial Corp now owns 7,462 shares of the network equipment provider’s stock valued at $208,000 after acquiring an additional 139 shares during the last quarter. Institutional investors own 90.94% of the company’s stock.

Shares of Juniper Networks (JNPR) traded down $0.31 during trading on Friday, reaching $28.80. The company’s stock had a trading volume of 3,182,800 shares, compared to its average volume of 5,244,833. Juniper Networks has a fifty-two week low of $23.87 and a fifty-two week high of $30.96. The firm has a market cap of $10,914.16, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 2.71 and a beta of 1.10. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.41.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.03). Juniper Networks had a net margin of 12.77% and a return on equity of 13.81%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the prior year, the business earned $0.58 EPS. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. sell-side analysts expect that Juniper Networks will post 1.7 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 1st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Thursday, November 30th. Juniper Networks’s dividend payout ratio is presently 23.26%.

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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.

Analyst Recommendations for Juniper Networks (NYSE:JNPR)

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