Economy

Analyst Sentiment Outlines Long Term Upside for Juniper Networks, Inc. (NYSE:JNPR)

Oppenheimer Asset Management Inc. acquired a new stake in shares of Juniper Networks, Inc. (NYSE:JNPR) have been recommended as a long term growth pick. They expect $0.42 earnings per share, up 7.69% or $0.03 from last year's $0.39 per share. It improved, as 14 investors sold PEI shares while 54 reduced holdings. Mn Services Vermogensbeheer B.V. raised its stake in shares of Juniper Networks by 579.3% in the second quarter. Morgan Stanley now owns 2,550,103 shares of the network equipment provider's stock worth $70,970,000 after buying an additional 1,386,626 shares during the period.

Let's have a look at some of the important valuation ratios of the Juniper Networks, Inc. SINDHU PRADEEP sold $2.10M worth of stock. Finally, Cadence Capital Management LLC increased its position in shares of Juniper Networks by 1.7% in the first quarter. JPMorgan Chase & Co. now owns 864,754 shares of the network equipment provider's stock worth $24,066,000 after buying an additional 683,217 shares during the period. They expect $0.42 EPS, up 7.69% or $0.03 from last year's $0.39 per share. Creative Planning now owns 4,696 shares of the network equipment provider's stock worth $131,000 after buying an additional 21 shares during the period. Norges Bank bought a new position in Juniper Networks during the fourth quarter worth $133,013,000. Cottage Street Advisors LLC now owns 21,900 shares of the network equipment provider's stock worth $611,000 after buying an additional 5,400 shares during the period.

Despite the past success, investors want to know where the stock is headed from here.

Juniper Networks (NYSE:JNPR) now has a trailing P/E of 18.25 while its forward P/E according to Thomson Reuters is 12.23. (NYSE:JNPR). Cleararc Capital holds 9,228 shares or 0.05% of its portfolio. Affinity Investment Advisors Llc who had been investing in Juniper Networks Inc for a number of months, seems to be less bullish one the $11.18 billion market cap company. This change led market cap to move at $11.06B, putting the price -6.78% below the 52-week high and 30.47% above the 52-week low.

By having an overview of the Income statement for Juniper Networks (NYSE:JNPR) the Revenue for the trailing twelve months is 5.11 Billion. After $0.34 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts 23.53% EPS growth. Juniper Networks had a net margin of 12.10% and a return on equity of 13.59%. The company had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same quarter in the prior year, the firm earned $0.37 EPS. The firm's quarterly revenue was up 11.2% compared to the same quarter past year. (The) boosted their price target on Juniper Networks from $31.00 to $36.00 and gave the stock a "conviction-buy" rating in a report on Monday, March 27th.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 22nd. Shareholders of record on Thursday, June 1st were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.39%.

According to Yahoo Finance, The Dividend Date for Juniper Networks is Jun 22, 2017 and its Ex-Dividend Date is May 30, 2017. Juniper Networks's dividend payout ratio (DPR) is presently 25.00%. RBC Capital Markets maintained Altria Group Inc (NYSE:MO) rating on Friday, June 30. Acquires Shares of 28,970 Juniper Networks, Inc. UBS downgraded the stock to "Neutral" rating in Tuesday, April 12 report.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. The stock of Juniper Networks, Inc. On Tuesday, October 13 the stock rating was maintained by RBC Capital Markets with "Outperform". Zacks Investment Research lowered Juniper Networks from a "hold" rating to a "sell" rating in a report on Friday, April 28th. Juniper Networks Inc. had 44 analyst reports since July 24, 2015 according to SRatingsIntel.

The company has mean EPS estimate of 0.65 reported by 26 number of analyst for the quarter ending Current Qtr.(Jun2017). Finally, Barclays PLC restated an "equal weight" rating on shares of Juniper Networks in a research report on Saturday, April 22nd. The stock now has a consensus rating of "Hold" and an average target price of $29.97.

In other Juniper Networks news, VP Terrance F. Spidell sold 10,600 shares of Juniper Networks stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $29.47, for a total value of $312,382.00. Following the completion of the sale, the director now directly owns 40,773 shares of the company's stock, valued at approximately $1,244,799.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

In other news, CEO Rami Rahim sold 10,700 shares of Juniper Networks stock in a transaction on Friday, May 12th. Following the sale, the executive vice president now owns 4,597 shares of the company's stock, valued at $130,370.92. The disclosure for this sale can be found here. Insiders have sold 188,892 shares of company stock valued at $5,728,423 in the last 90 days. Corporate insiders own 3.40% of the company's stock.

Juniper Networks, Inc. designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses.



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