Robert W. Baird Reiterates Neutral Rating for Juniper Networks, Inc. (JNPR)

Marco Green
May 20, 2017

Alyeska Investment Group L.P. bought a new position in Juniper Networks during the fourth quarter valued at about $46,947,000. SRB Corp boosted its position in Juniper Networks by 6.7% in the third quarter. Closing price generally refers to the last price at which a stock trades during a regular trading session. Over the past week, Juniper Networks, Inc. Perhaps, that suggests something about why 0.78% of the outstanding share supply is held by institutional investors.

Ao Asset Management Llc holds 5.69% of its portfolio in Juniper Networks, Inc. for 603,500 shares. Stifel Nicolaus restated a buy rating and set a $33.00 price target on shares of Juniper Networks in a report on Friday, January 27th. Hedge funds and other institutional investors own 85.69% of the company's stock.

Yet another important factor while evaluating a good buy/sell decision for Juniper Networks, Inc. (NYSE:JNPR) was sold by Davidson Jonathan on Tuesday, February 21. (NYSE:JNPR) earned "Underweight" rating by Morgan Stanley on Tuesday, November 1. Last session Juniper Networks, Inc.

Juniper Networks (NYSE:JNPR) traded up 0.07% during trading on Friday, hitting $29.61. In current trading day SunPower Corporation (SPWR) stock confirmed the flow of 3.12% with the final price of $7.28. Year to date is -16.69%, -18.50% over the last quarter, 1.26% for the past six months and -80.52% over the last 12 months. The stock is trading $28.73 its 50-day moving average by -0.86%.

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. After $0.34 actual EPS reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts 23.53 % EPS growth.

For a total return analysis, there is the 9.20% return on equity and the 12.60% return on assets to consider. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. The firm has estimated EPS growth for next year stands at 10.55%. For the past 5 years, the stock's EPS growth has been almost 12.80%. Juniper Networks, Inc. (JNPR) 52 week low value is at $20.94 and its current distance from 52 week low value is 46.12%.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Thursday, June 1st will be issued a $0.10 dividend. The stock's Dividend Yield stands at 1.35%.

Ratings analysis reveals 41% of Juniper Networks Inc.'s analysts are positive.

01/27/2017 - Juniper Networks, Inc. had its "hold" rating reiterated by analysts at Needham & Company. Barclays PLC lifted their price target on shares of Juniper Networks from $28.00 to $29.00 and gave the company an equal weight rating in a research note on Thursday, January 26th.

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. Zacks Investment Research cut Juniper Networks from a "hold" rating to a "sell" rating in a report on Friday, April 28th. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. The company now has an average rating of Hold and an average target price of $29.96. The stock's price moved up its 200-day moving average of $58.06. During the trading on 05/18/2017, Company's stock ranged from $32.02 to $31.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. And the values below 20 that it is oversold indicate prices could very well bounce upwards. Fairpointe Capital Llc owns 7.47 million shares or 4.27% of their United States portfolio. The disclosure for this sale can be found here. Bluemountain Cap Management Limited Liability Company owns 7,388 shares or 0.02% of their USA portfolio. But even with this move, there is still plenty of room for the company to come back from a longer term perspective, and especially if we look to recent lows for the company as well.

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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