JNPR has been the subject of several other reports. Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday. Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target for the company in a research note on Tuesday. Barclays boosted their price target on Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a research note on Wednesday. Finally, Rosenblatt Securities reaffirmed a "neutral" rating and set a $40.00 price objective on shares of Juniper Networks in a research report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $39.80.
Get Our Latest Stock Analysis on JNPR
Shares of JNPR opened at $35.72 on Friday. The business's 50-day moving average is $37.29 and its 200-day moving average is $37.99. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.72 and a quick ratio of 1.30. The company has a market capitalization of $11.82 billion, a price-to-earnings ratio of 46.99, a P/E/G ratio of 7.70 and a beta of 0.87. Juniper Networks has a fifty-two week low of $33.72 and a fifty-two week high of $39.79.
Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.58 by ($0.13). Juniper Networks had a net margin of 4.97% and a return on equity of 7.41%. Equities research analysts expect that Juniper Networks will post 0.89 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in JNPR. Venturi Wealth Management LLC grew its stake in Juniper Networks by 60.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider's stock valued at $46,000 after buying an additional 447 shares during the last quarter. Sentry Investment Management LLC bought a new stake in Juniper Networks during the third quarter valued at about $61,000. Larson Financial Group LLC grew its position in shares of Juniper Networks by 139.5% in the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock valued at $67,000 after purchasing an additional 1,045 shares during the last quarter. Longfellow Investment Management Co. LLC grew its position in shares of Juniper Networks by 84.7% in the third quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider's stock valued at $71,000 after purchasing an additional 839 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Juniper Networks in the third quarter worth about $76,000. Institutional investors and hedge funds own 91.95% of the company's stock.
Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.
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