Juniper Networks (JNPR) Earns News Sentiment Score of 0.13
Media stories about Juniper Networks (NYSE:JNPR) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Juniper Networks earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the network equipment provider an impact score of 46.1205818516499 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- 2 Terrible Stocks I’d Avoid (fool.com)
- Analysts Expect Juniper Networks, Inc. (JNPR) Will Post Quarterly Sales of $1.24 Billion (americanbankingnews.com)
- Marvell Technology to buy rival chipmaker Cavium for $6 billion: Reuters (pehub.com)
- Juniper Networks, Inc. breached its 50 day moving average in a Bullish Manner : JNPR-US : November 21, 2017 (finance.yahoo.com)
- $0.52 EPS Expected for Juniper Networks, Inc. (JNPR) This Quarter (americanbankingnews.com)
JNPR has been the topic of a number of research reports. Zacks Investment Research raised shares of Juniper Networks from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Friday, July 28th. Berenberg Bank restated a “buy” rating and issued a $35.00 price target on shares of Juniper Networks in a research report on Thursday, July 27th. BMO Capital Markets restated a “buy” rating and issued a $34.00 price target on shares of Juniper Networks in a research report on Wednesday, August 23rd. Barclays PLC dropped their price target on shares of Juniper Networks from $32.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 25th. Finally, Needham & Company LLC restated a “hold” rating on shares of Juniper Networks in a research report on Tuesday, September 12th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Juniper Networks presently has a consensus rating of “Hold” and a consensus target price of $29.42.
Juniper Networks (NYSE:JNPR) last announced its quarterly earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.03). Juniper Networks had a return on equity of 13.81% and a net margin of 12.77%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the previous year, the company posted $0.58 earnings per share. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. equities research analysts expect that Juniper Networks will post 1.7 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Thursday, November 30th. Juniper Networks’s payout ratio is 23.26%.
In other Juniper Networks news, Director Rahul N. Merchant purchased 2,000 shares of Juniper Networks stock in a transaction on Wednesday, November 8th. The shares were acquired at an average cost of $24.48 per share, for a total transaction of $48,960.00. Following the completion of the transaction, the director now directly owns 22,543 shares of the company’s stock, valued at $551,852.64. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CEO Rami Rahim sold 16,000 shares of the stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $27.43, for a total transaction of $438,880.00. Following the transaction, the chief executive officer now owns 469,607 shares in the company, valued at $12,881,320.01. The disclosure for this sale can be found here. Insiders sold 48,200 shares of company stock worth $1,296,861 over the last ninety days. 2.60% of the stock is currently owned by insiders.
Juniper Networks Company Profile
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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