Wall Street Analyst Downgrade Juniper Networks Inc. [JNPR]. What else is Wall St. saying
Juniper Networks Inc [NYSE: JNPR] The trading session closed at $26.36 on 09/21/22. Today’s price range saw the stock record a low of $26.36, while a high of $27.34. Company report on September 21 2022 Juniper Networks announces the date of its third-quarter conference call for its preliminary financial results.
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Juniper Networks (NYSE: JNPR), a leader in secure, artificial intelligence-powered networks, today announced that it will release preliminary financial results for the quarter ending September 30, 2022 on Tuesday, October 25, 2022 after the market closes. The company’s senior management will host a conference call that day at 2:00 PM Pacific Time.
Commentary by Ken Miller, CFO, reviewing the company’s third-quarter financial results, as well as financial projections for the fourth quarter of 2022, will be filed with the Securities and Exchange Commission on Form 8-K and posted on the company’s website at http://investor .juniper.net. Analysts and investors are encouraged to review this comment before participating in the conference call.
The stock has a year-to-date performance of -26.18% and a weekly performance of -6.02%. The stock has moved at -26.12 percent over the past six months. The stock has performed -9.01% in the last 30 days and changed -6.39% over the last three months.
If compared to the average trading volume of 3.53 million shares, JNPR reached a volume of 3402967 on the last trading day, which is why market watchers consider the stock to be active.
Here’s what leading stock market gurus are saying about Juniper Networks Inc. [JNPR]:
Based on accurate, fact-backed analyzes by Wall Street experts, the current consensus on JNPR’s stock price target is $33.12 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on JNPR stock is a set recommendation at 2.70. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
BofA Securities has made an appreciation for the shares of Juniper Networks Inc. and retained their opinion of the stock as underperforming, with their previous recommendation back on July 20, 2022. The new note on price target was issued on July 14, 2022, which is the official price target for Juniper Networks stock. Previously, the target price had received another increase to $33, while Rosenblatt analysts maintained a neutral rating on JNPR stock. On July 13, 2022, analysts lowered their target price for JNPR shares from 34 to 27.
The Average True Range (ATR) is set for Juniper Networks Inc. at 0.77, with JNPR’s price-to-sales ratio for the past 12-month period at 1.75. The price-to-book ratio for the last quarter was 1.99, with the price-to-cash-to-cash ratio for the same quarter set at 3.11.
JNPR stock trading performance evaluation
Juniper Networks Inc [JNPR] It fell in the red at the end of last week, fell in a negative direction and fell by -6.02. With this latest performance, JNPR shares are down -9.01% over the past four-week period, as well as -26.12% over the past six months – not to mention a -3.83% drop in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for the JNPR stock for the past two weeks was set at 32.89, with the RSI for the last one trading at 25.92, and the three-week RSI at 37.07 for Juniper Networks Inc. [JNPR]. The current moving average of the last 50 trading days for this stock is 28.45 while it recorded at 27.23 for the last trading week, and 31.76 for the last 200 days.
Juniper Networks Inc [JNPR]: Insight into the basic fundamentals
Operating margin for any stock indicates how profitable the investment is, Juniper Networks Inc. explains. [JNPR] The stock currently has an operating margin of +9.28 and a gross margin of +58.70. Net margin reported to Juniper Networks Inc. Currently at +5.34.
The return on equity for this stock rose to 5.70, with the return on assets remaining at 2.77.
The liquidity data of Juniper Networks Inc. Interesting too, with the quick ratio at 1.40 and the current ratio at 1.60.
Earnings per share (EPS) analysis for Juniper Networks Inc. [JNPR] stock
The company’s progress can be seen through the prism of EPS growth, while Wall Street analysts focus on forecasting JNPR’s 5-year EPS growth rate. When it comes to the stated value, analysts expect Juniper Networks Inc.’s 5-year EPS growth rate to rise. to 14.49%.
Juniper Networks Inc [JNPR]: Insiders ownership positions
There are currently approximately $7,871 million, or 94.90% of JNPR’s stock, in the hands of institutional investors. The three largest corporate owners of JNPR shares are: DODGE & COX with 40,734,258 ownership, which represents approximately -5.393% of the company’s market capitalization and approximately 0.30% of the total institutional ownership; VANGUARD GROUP INC, which owns 3,848,626 shares of stock with an approximate value of $1.01 billion in JNPR stock; and BLACKROCK INC. , currently holds $880.3 million in JNPR stock with ownership of approximately -1.35% of the company’s market capitalization.
Positions in Juniper Networks shares held by institutional investors increased at the end of July and at the time of the July report, with 274 institutional owners consolidating their position in Juniper Networks. [NYSE:JNPR] About 241,67535 shares. In addition, 248 investors decreased their positions by 24,539,560 shares, while 58 investors held positions with 249,883,831 shares. The said changes put institutional holdings at 298,590,926 shares, according to the latest report from the Securities and Exchange Commission. JNPR had 81 new institutional investments totaling 7,508,515 shares, while 77 institutional investors sold positions worth 4,204,345 shares during the same period.