Juniper Networks (NYSE:JNPR) Now Covered by StockNews.com

Analysts at StockNews.com initiated coverage on shares of Juniper Networks (NYSE:JNPRGet Free Report) in a research note issued on Monday. The brokerage set a “hold” rating on the network equipment provider’s stock.

JNPR has been the topic of a number of other research reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a $40.00 target price (up previously from $35.00) on shares of Juniper Networks in a research report on Thursday, January 11th. KeyCorp reiterated a “sector weight” rating on shares of Juniper Networks in a report on Thursday, January 11th. Rosenblatt Securities lifted their price target on Juniper Networks from $31.00 to $40.00 and gave the stock a “neutral” rating in a report on Wednesday, January 10th. Barclays reiterated an “equal weight” rating on shares of Juniper Networks in a report on Wednesday, January 10th. Finally, Morgan Stanley upgraded Juniper Networks from an “underweight” rating to an “equal weight” rating and set a $40.00 price target for the company in a report on Thursday, January 11th. Eleven investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $34.27.

View Our Latest Stock Report on JNPR

Juniper Networks Stock Performance

JNPR opened at $36.91 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.80 and a quick ratio of 1.35. The business’s 50-day moving average price is $37.03 and its two-hundred day moving average price is $31.75. The company has a market capitalization of $11.88 billion, a price-to-earnings ratio of 38.85, a P/E/G ratio of 7.59 and a beta of 0.98. Juniper Networks has a 1 year low of $24.87 and a 1 year high of $38.04.

Juniper Networks (NYSE:JNPRGet Free Report) last released its earnings results on Tuesday, January 30th. The network equipment provider reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.41 billion. Juniper Networks had a net margin of 5.57% and a return on equity of 11.72%. Equities analysts expect that Juniper Networks will post 1.37 EPS for the current fiscal year.

Insider Activity at Juniper Networks

In related news, COO Manoj Leelanivas sold 98,530 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $37.00, for a total value of $3,645,610.00. Following the completion of the sale, the chief operating officer now directly owns 73,684 shares in the company, valued at $2,726,308. The sale was disclosed in a filing with the SEC, which is available at this link. In other Juniper Networks news, COO Manoj Leelanivas sold 98,530 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $37.00, for a total transaction of $3,645,610.00. Following the completion of the transaction, the chief operating officer now directly owns 73,684 shares in the company, valued at $2,726,308. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Rami Rahim sold 5,556 shares of the business’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $29.96, for a total transaction of $166,457.76. Following the transaction, the chief executive officer now owns 846,074 shares of the company’s stock, valued at $25,348,377.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 216,244 shares of company stock worth $7,960,214. Company insiders own 1.29% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Halpern Financial Inc. acquired a new position in shares of Juniper Networks during the second quarter worth $25,000. GAMMA Investing LLC acquired a new stake in Juniper Networks in the fourth quarter valued at $28,000. Hartford Financial Management Inc. increased its holdings in Juniper Networks by 51.3% in the fourth quarter. Hartford Financial Management Inc. now owns 973 shares of the network equipment provider’s stock valued at $29,000 after purchasing an additional 330 shares during the period. Ronald Blue Trust Inc. increased its holdings in Juniper Networks by 74.1% in the third quarter. Ronald Blue Trust Inc. now owns 1,071 shares of the network equipment provider’s stock valued at $30,000 after purchasing an additional 456 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Juniper Networks by 92.1% in the second quarter. Farther Finance Advisors LLC now owns 974 shares of the network equipment provider’s stock valued at $31,000 after purchasing an additional 467 shares during the period. 91.95% of the stock is currently owned by institutional investors and hedge funds.

About Juniper Networks

(Get Free Report)

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.

Further Reading

Analyst Recommendations for Juniper Networks (NYSE:JNPR)

Receive News & Ratings for Juniper Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Juniper Networks and related companies with MarketBeat.com's FREE daily email newsletter.