Media stories about Juniper Networks (NYSE:JNPR) have trended neutral on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Juniper Networks earned a news sentiment score of 0.30 on their scale. InfoTrie also gave media headlines about the network equipment provider an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Juniper Networks’ ranking:
- Insider Selling: Juniper Networks, Inc. (JNPR) CEO Sells 5,400 Shares of Stock (americanbankingnews.com)
- Rami Rahim Sells 5,400 Shares of Juniper Networks, Inc. (JNPR) Stock (americanbankingnews.com)
- Juniper Networks, Inc. (JNPR) Director Sells $304,200.00 in Stock (americanbankingnews.com)
- Juniper Networks tumbles amid Investor Day three-year forecast (seekingalpha.com)
- Juniper CEO talks company's performance (finance.yahoo.com)
JNPR has been the topic of a number of recent research reports. Nomura upgraded shares of Juniper Networks from a “neutral” rating to a “buy” rating and raised their price target for the company from $28.00 to $34.00 in a report on Wednesday, September 19th. ValuEngine upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating in a report on Saturday, September 22nd. UBS Group assumed coverage on shares of Juniper Networks in a report on Wednesday, September 26th. They set a “neutral” rating and a $31.00 price target on the stock. TheStreet upgraded shares of Juniper Networks from a “c+” rating to a “b-” rating in a report on Thursday, September 20th. Finally, Rosenblatt Securities reiterated a “sell” rating and issued a $24.00 target price on shares of Juniper Networks in a report on Sunday, October 14th. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Juniper Networks presently has an average rating of “Hold” and a consensus target price of $27.75.
JNPR traded down $1.55 during trading on Friday, hitting $29.12. The stock had a trading volume of 9,816,000 shares, compared to its average volume of 4,770,862. The company has a market capitalization of $10.40 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 4.28 and a beta of 0.88. Juniper Networks has a 12 month low of $23.61 and a 12 month high of $30.80. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.47 and a quick ratio of 2.27.
Juniper Networks (NYSE:JNPR) last announced its earnings results on Tuesday, October 23rd. The network equipment provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.44 by $0.10. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. Juniper Networks had a net margin of 4.82% and a return on equity of 10.42%. The business’s quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 EPS. Analysts anticipate that Juniper Networks will post 1.32 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 26th. Shareholders of record on Wednesday, December 5th will be given a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, December 4th. This represents a $0.72 annualized dividend and a yield of 2.47%. Juniper Networks’s dividend payout ratio is 41.62%.
In other Juniper Networks news, insider Anand Athreya sold 113,039 shares of the firm’s stock in a transaction on Friday, November 2nd. The shares were sold at an average price of $29.70, for a total value of $3,357,258.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director William Stensrud sold 20,000 shares of the firm’s stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $28.20, for a total transaction of $564,000.00. Following the completion of the sale, the director now owns 5,531 shares in the company, valued at $155,974.20. The disclosure for this sale can be found here. Insiders sold a total of 153,839 shares of company stock worth $4,551,726 over the last 90 days. Company insiders own 2.60% of the company’s stock.
About Juniper Networks
Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers.
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