Economy

The Rhumbline Advisers Boosts Position in Juniper Networks Inc. (JNPR)

Juniper Networks, Inc. (NYSE:JNPR) touched its 1-Year High price of $30.96 on 05/02/17 and its 1-Year Low price of $23.14 on 10/25/16. Royal Bank Of Canada reaffirmed a "hold" rating and issued a $30.00 price target on shares of Juniper Networks in a research note on Wednesday, August 2nd. BMO Capital Markets maintained Juniper Networks, Inc. Renaissance Technologies Llc has invested 0.19% of its portfolio in Juniper Networks, Inc.

TRADEMARK VIOLATION NOTICE: This article was originally reported by Week Herald and is owned by of Week Herald. Juniper Networks has an average rating of Hold and an average price target of $30.35.

Juniper Networks (JNPR) traded up 1.67% during trading on Thursday, reaching $26.19. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of worldwide trademark & copyright legislation. Prudential Financial Inc. now owns 3,374,305 shares of the network equipment provider's stock valued at $94,076,000 after purchasing an additional 2,437,006 shares during the last quarter. The original version of this article can be accessed at https://weekherald.com/2017/10/24/raymond-james-financial-inc-reaffirms-outperform-rating-for-juniper-networks-inc-jnpr.html.

Taking a look at a public company's Earnings per Share (EPS) is a good way of evaluating its profitability. (NYSE:JNPR), we note that the mother of all ratios (Return on Equity) stands at 0.127777 for the firm. RBC Capital Markets maintained the shares of PPL in report on Sunday, September 24 with "Hold" rating. JPMorgan Chase & Co. boosted its stake in Juniper Networks by 376.4% in the first quarter. They expect $0.54 earnings per share, down 14.29% or $0.09 from last year's $0.63 per share. Finally, Principal Financial Group Inc. boosted its stake in Juniper Networks by 9.4% in the first quarter. The portion of a company's profit allocated to each outstanding share of common stock was $1.68 a share in the trailing twelve months. Institutional investors own 84.44% of the company's stock. Vanguard Group Inc. now owns 38,434,820 shares of the network equipment provider's stock worth $1,071,564,000 after acquiring an additional 2,314,683 shares during the last quarter.

Among 32 analysts covering Williams-Sonoma (NYSE:WSM), 8 have Buy rating, 4 Sell and 20 Hold. -Earnings Decline (Y-o-Y): -4.9% -EPS (Q3): $0.55 vs. $0.58 past year.

Juniper Networks (NYSE:JNPR) last posted its earnings results on Tuesday, July 25th. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion.

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A number of research firms have recently weighed in on JNPR. Finally, UBS AG reissued a "neutral" rating and set a $30.00 price objective (up previously from $28.00) on shares of Juniper Networks in a research report on Wednesday, July 26th. The stock is a Buy among 3 brokerage firms polled by Factset Research.

Wall Street was looking for earnings of 59 cents a share on revenue of $610.7 million. RBC Capital Markets has "Hold" rating and $50.0 target.

In related news, CEO Rami Rahim sold 5,400 shares of the stock in a transaction dated Tuesday, August 29th. SINDHU PRADEEP sold $2.35M worth of stock.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume - ADTV). The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The disclosure for this sale can be found here. Following the completion of the transaction, the chief executive officer now owns 469,607 shares in the company, valued at $12,881,320.01. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC).

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's stock is now moving with a -ve distance from the 200 day SMA of approximately -8.72%, and has a solid year to date (YTD) performance of -8.85% which means that the stock is constantly adding to its value from the previous fiscal year end price.



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