Juniper Networks (JNPR) Given Coverage Optimism Score of 0.20
Media stories about Juniper Networks (NYSE:JNPR) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Juniper Networks earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the network equipment provider an impact score of 47.0845033570879 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Juniper Networks, Inc. (JNPR) Position Increased by Fairpointe Capital LLC Last Quarter (highlightpress.com)
- $1.32 Billion in Sales Expected for Juniper Networks, Inc. (JNPR) This Quarter (americanbankingnews.com)
- Juniper Networks, Inc. (JNPR) Updates Q3 Earnings Guidance (overnewsmagazine.com)
- BidaskClub Downgrades Juniper Networks, Inc (expressnewsline.com)
- After Hours Most Active for Aug 10, 2017 : SNAP, T, QQQ, NVDA, JNPR, BAC, CMCSA, SRC, NBR, QCOM, MSFT, XIV – Nasdaq (nasdaq.com)
Shares of Juniper Networks (JNPR) opened at 27.53 on Wednesday. The company’s 50-day moving average is $28.42 and its 200-day moving average is $28.56. The firm has a market capitalization of $10.47 billion, a price-to-earnings ratio of 16.48 and a beta of 1.07. Juniper Networks has a 12-month low of $22.40 and a 12-month high of $30.96.
Juniper Networks (NYSE:JNPR) last issued its quarterly earnings data on Tuesday, July 25th. The network equipment provider reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.03. Juniper Networks had a net margin of 12.66% and a return on equity of 14.13%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the company earned $0.50 earnings per share. Juniper Networks’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities analysts forecast that Juniper Networks will post $2.24 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 1st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Wednesday, August 30th. Juniper Networks’s payout ratio is 23.39%.
Several brokerages have weighed in on JNPR. Standpoint Research lowered shares of Juniper Networks from a “buy” rating to a “reduce” rating in a research report on Wednesday, May 3rd. ValuEngine upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Robert W. Baird restated a “neutral” rating and set a $30.00 target price (up from $27.00) on shares of Juniper Networks in a research report on Saturday, April 29th. KeyCorp began coverage on shares of Juniper Networks in a research report on Monday, June 5th. They set a “hold” rating and a $31.00 target price on the stock. Finally, Pacific Crest began coverage on shares of Juniper Networks in a research report on Monday, June 5th. They set a “sector weight” rating and a $31.00 target price on the stock. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $30.89.
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In related news, VP Terrance F. Spidell sold 3,313 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $27.69, for a total transaction of $91,736.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Terrance F. Spidell sold 10,600 shares of the company’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $29.47, for a total transaction of $312,382.00. Following the transaction, the vice president now owns 10,600 shares of the company’s stock, valued at $312,382. The disclosure for this sale can be found here. Insiders sold 18,944 shares of company stock valued at $555,049 over the last 90 days. 3.40% of the stock is owned by corporate insiders.
About Juniper Networks
Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.
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