Analysts Update Their Price Forecasts For Juniper Networks Inc (JNPR)

Juniper Networks Inc (JNPR) concluded trading on Thursday at a closing price of $37.86, with 3.93 million shares of worth about $148.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.44% during that period and on August 01, 2024 the price saw a gain of about 0.45%. Currently the company’s common shares owned by public are about 329.16M shares, out of which, 325.08M shares are available for trading.

Stock saw a price change of 0.99% in past 5 days and over the past one month there was a price change of 3.53%. Year-to-date (YTD), JNPR shares are showing a performance of 28.43% which increased to 35.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.87 but also hit the highest price of $38.06 during that period. The average intraday trading volume for Juniper Networks Inc shares is 2.15 million. The stock is currently trading 1.82% above its 20-day simple moving average (SMA20), while that difference is up 4.83% for SMA50 and it goes to 11.83% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Juniper Networks Inc (NYSE: JNPR) currently have 329.16M outstanding shares and institutions hold larger chunk of about 89.33% of that.

The stock has a current market capitalization of $12.46B and its 3Y-monthly beta is at 0.95. PE ratio of stock for trailing 12 months is 52.73, while it has posted earnings per share of $0.72 in the same period. Its PEG reads 4.79 and has Quick Ratio of 1.23 while making debt-to-equity ratio of 0.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JNPR, volatility over the week remained 1.03% while standing at 0.93% over the month.

Stock’s fiscal year EPS is expected to drop by -26.16% while it is estimated to increase by 19.26% in next year. EPS is likely to grow at an annualized rate of 11.00% for next 5-years, compared to annual growth of -9.86% made by the stock over the past 5-years.

Coverage by JP Morgan stated Juniper Networks Inc (JNPR) stock as a Neutral in their note to investors on October 10, 2023, suggesting a price target of $29 for the stock. On July 24, 2023, Raymond James Downgrade their recommendations, while on July 20, 2023, Exane BNP Paribas Initiated their ratings for the stock with a price target of $31. Stock get a Buy rating from Citigroup on June 30, 2023.

Most Popular

Related Posts