Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Juniper Networks (JNPR) Stock Price
Headlines about Juniper Networks (NYSE:JNPR) have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Juniper Networks earned a news impact score of 0.21 on Accern’s scale. Accern also gave news articles about the network equipment provider an impact score of 45.8020333447499 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Juniper Networks, Inc. : JNPR-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017 (finance.yahoo.com)
- Juniper’s AppFormix Aims to Automate via Intent-Based Networking (lightreading.com)
- Nokia (NOK) to Revamp LTE Network for Finland's Ukkoverkot (finance.yahoo.com)
- Juniper Networks CEO Rami Rahim Brings Start-Up Mentality To Running $5 Billion Business (finance.yahoo.com)
- Juniper Networks, Inc. (JNPR) Expected to Post Quarterly Sales of $1.32 Billion (americanbankingnews.com)
A number of research firms have weighed in on JNPR. ValuEngine raised shares of Juniper Networks from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. 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 for the company. 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 for the company. Robert W. Baird set a $30.00 target price on shares of Juniper Networks and gave the company a “hold” rating in a research report on Wednesday, July 26th. Finally, UBS AG reissued a “neutral” rating and set a $30.00 target price (up previously from $28.00) on shares of Juniper Networks in a research report on Wednesday, July 26th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $30.94.
Juniper Networks (NYSE JNPR) opened at 27.99 on Friday. The company has a market capitalization of $10.64 billion, a PE ratio of 16.75 and a beta of 1.08. The firm’s 50-day moving average price is $27.61 and its 200 day moving average price is $28.50. Juniper Networks has a 52 week low of $22.41 and a 52 week high of $30.96.
Juniper Networks (NYSE:JNPR) last released its earnings results on Tuesday, July 25th. The network equipment provider reported $0.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. Juniper Networks had a return on equity of 14.13% and a net margin of 12.66%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities research analysts expect that Juniper Networks will post $2.24 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 1st were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend was Wednesday, August 30th. Juniper Networks’s dividend payout ratio (DPR) is 23.39%.
In other Juniper Networks news, VP Terrance F. Spidell sold 3,313 shares of the business’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $27.69, for a total value of $91,736.97. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Rami Rahim sold 5,400 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $27.34, for a total value of $147,636.00. Following the completion of the sale, the chief executive officer now directly owns 469,607 shares in the company, valued at $12,839,055.38. The disclosure for this sale can be found here. Insiders sold 35,044 shares of company stock worth $974,774 over the last three months. Corporate insiders own 3.40% of the company’s stock.
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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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