Juno Lighting LLC (JUNO) Stock Price Up 3.1%
Juno Lighting LLC (NASDAQ:JUNO)’s share price rose 3.1% on Tuesday . The stock traded as high as $35.01 and last traded at $34.96, with a volume of 1,012,970 shares changing hands. The stock had previously closed at $33.92.
JUNO has been the topic of several analyst reports. FBR & Co reissued a “buy” rating on shares of Juno Lighting in a research note on Saturday, July 9th. SunTrust Banks Inc. reaffirmed a “buy” rating and set a $50.00 price target on shares of Juno Lighting in a research report on Wednesday, April 20th. Vetr lowered Juno Lighting from a “strong-buy” rating to a “buy” rating and set a $53.00 price target on the stock. in a research report on Monday, June 6th. Maxim Group reaffirmed a “buy” rating and set a $80.00 price target on shares of Juno Lighting in a research report on Sunday, July 10th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $55.00 price target on shares of Juno Lighting in a research report on Sunday, July 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company. Juno Lighting presently has a consensus rating of “Buy” and a consensus price target of $50.86.
The firm’s 50-day moving average price is $32.08 and its 200-day moving average price is $37.23. The company’s market capitalization is $3.45 billion.
Juno Lighting (NASDAQ:JUNO) last released its quarterly earnings results on Thursday, August 4th. The biopharmaceutical company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.41) by $0.23. During the same quarter in the previous year, the business earned ($0.35) EPS. The business earned $27.60 million during the quarter, compared to analysts’ expectations of $14.26 million. The company’s revenue was up 121.5% on a year-over-year basis. Analysts predict that Juno Lighting LLC will post ($2.32) EPS for the current year.
In related news, CFO Steve Harr sold 30,000 shares of the company’s stock in a transaction dated Friday, June 10th. The stock was sold at an average price of $43.32, for a total transaction of $1,299,600.00. Following the sale, the chief financial officer now owns 716,052 shares in the company, valued at approximately $31,019,372.64. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard Klausner sold 12,000 shares of the company’s stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $40.71, for a total value of $488,520.00. Following the sale, the director now owns 846,799 shares in the company, valued at approximately $34,473,187.29. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Juno Lighting stock. US Bancorp DE raised its stake in shares of Juno Lighting LLC (NASDAQ:JUNO) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,700 shares of the biopharmaceutical company’s stock after buying an additional 1,600 shares during the period. US Bancorp DE owned approximately 0.09% of Juno Lighting worth $3,900,000 at the end of the most recent quarter.
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