Analysts Set Juniper Networks, Inc. (NYSE:JNPR) Price Target at $39.80

Shares of Juniper Networks, Inc. (NYSE:JNPR) have earned a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $39.80.

JNPR has been the subject of a number of recent research reports. Barclays boosted their target price on Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 5th. Rosenblatt Securities reiterated a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a research report on Friday, November 1st. Evercore ISI upgraded shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price on the stock in a report on Tuesday, February 4th. StockNews.com raised shares of Juniper Networks from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Finally, Argus cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in JNPR. Laird Norton Wetherby Wealth Management LLC increased its position in shares of Juniper Networks by 1.9% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 17,413 shares of the network equipment provider’s stock valued at $652,000 after buying an additional 330 shares during the period. EverSource Wealth Advisors LLC boosted its position in Juniper Networks by 47.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider’s stock valued at $42,000 after acquiring an additional 363 shares in the last quarter. Townsquare Capital LLC grew its holdings in shares of Juniper Networks by 7.4% during the 4th quarter. Townsquare Capital LLC now owns 6,182 shares of the network equipment provider’s stock worth $232,000 after acquiring an additional 426 shares during the period. Venturi Wealth Management LLC raised its position in shares of Juniper Networks by 60.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock worth $46,000 after acquiring an additional 447 shares in the last quarter. Finally, Wahed Invest LLC lifted its stake in shares of Juniper Networks by 6.5% in the 4th quarter. Wahed Invest LLC now owns 8,420 shares of the network equipment provider’s stock valued at $315,000 after purchasing an additional 513 shares during the period. 91.95% of the stock is currently owned by institutional investors.

Juniper Networks Trading Up 0.3 %

JNPR stock opened at $36.06 on Friday. The company has a market capitalization of $11.94 billion, a PE ratio of 41.92, a price-to-earnings-growth ratio of 2.20 and a beta of 0.87. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. Juniper Networks has a one year low of $33.72 and a one year high of $39.79. The company’s 50 day moving average price is $37.13 and its two-hundred day moving average price is $37.85.

Juniper Networks (NYSE:JNPR) last released its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. As a group, analysts predict that Juniper Networks will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 3rd will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks’s dividend payout ratio (DPR) is currently 102.33%.

Juniper Networks Company Profile

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.