Juniper Networks (NYSE:JNPR) shares traded -2.71% down during most recent session to reach at the closing price of $29.76. The stock exchanged hands 5.06 Million shares versus average trading capacity of 4.9 Million shares, yielding a market cap of $11.37 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $30.77 within the next 52-weeks. The mean target projections are based on 22 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Juniper Networks (NYSE:JNPR) high price target $37 and with a conservative view have low price target $20.
Standpoint Research “Downgrades” Juniper Networks (NYSE:JNPR) in a research note issued to investors on 5/03/17 to Reduce.
Additionally on 4/04/17 Berenberg “Initiates Coverage On” Juniper Networks (NYSE:JNPR) to Buy setting price target at $0 and on 1/10/17 Deutsche Bank “Downgrades” the stock to Sell at $21. Furthermore on 12/08/16 Nomura “Upgrades” the stock to Buy at $33.
On the other hand the company has Relative Strength Index (RSI 14) of 51.24 along with Average True Range (ATR 14) of 0.42, Consequently Juniper Networks (NYSE:JNPR)’s weekly and monthly volatility is 1.02%, 1.57% respectively. The company’s beta value is at 1.01.
In terms of Buy, Sell or Hold recommendations, Juniper Networks (NYSE:JNPR) has analysts’ mean recommendation of 2.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Juniper Networks (NYSE:JNPR)’s minimum EPS for the current quarter is at $0.52 and can go high up to $0.56. The consensus mean EPS for the current quarter is at $0.54 derived from a total of 26 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.5 earnings per share for the same quarter during last year.
Previously Juniper Networks (NYSE:JNPR) reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.04. The company posted an earnings surprise of 9.5%.
Juniper Networks (NYSE:JNPR)’s revenue estimates for the current quarter are $1.29 Billion according to 25 number of analysts, for the current quarter the company has high revenue estimates of $1.3 Billion in contradiction of low revenue estimates of $1.26 Billion. For the current year the company’s revenue estimates are $5.24 Billion compared to low analyst estimates of $5.08 Billion and high estimates of $5.37 Billion according to 27 number of analysts.
Currently Juniper Networks (NYSE:JNPR)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 92.3%. However the six-month change in the insider ownership was recorded -72.2%, as well as three-month change in the institutional ownership was recorded 1.65%.
Juniper Networks (NYSE:JNPR) 52-week high price stands at $30.96 and low price stands at $20.94, its price distance from 52-week high is -3.88% while its distance from 52-week low price is 42.15%. The stock hit its 52-week high on 05/02/17, and 52-week low on 06/27/16.
Juniper Networks (NYSE:JNPR)’s trailing twelve month revenues are $5.11 Billion, whereas its price to sales ratio for the same period is 2.22. Its book value per share for the most recent quarter is $13.18 while its price to book ratio for the same period is 2.26, as for as the company’s cash per share for the most recent quarter is $7.82, however its price to cash per share ratio for the same period is 3.81. The stock has 5 year expected PEG ratio of 1.56 whereas its trailing twelve month P/E ratio is 18.85.