Juniper price target dropped, shares plunge after profit and revenue warning

Juniper price target dropped, shares plunge after profit and revenue warning

Nomura downgraded shares of Juniper Networks from a "buy" rating to a "neutral" rating in a report on Thursday. Zacks Investment Research cut shares of Juniper Networks from a "buy" rating to a "hold" rating in a research report on Monday, August 7th.

When active traders find an opening to get in on a stock they think is about to make a move, they may try to buy up as much as they can before the price moves back outside the buying range. On Friday, July 24 the stock rating was maintained by UBS with "Buy". The stock of Juniper Networks, Inc. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Currently, Juniper Networks (JNPR)'s Williams Percent Range or 14 day Williams %R is calculated at -89.54.

About 1.85 million shares traded. During the last 52 weeks, the price has been as high as $72.82 and as low as $47.01. The firm's 50 day moving average price is $27.66 and its 200 day moving average price is $28.48.

The P/E ratio is now 15.162 and the market cap is 9.64B. (NYSE:GLOW) are making a strong comeback as they have jumped 82.14% since bottoming out at $0.14 on December 08, 2016. As of the last earnings report the EPS was $1.67 and is estimated to be $2.24 for the current year with 380,308,000 shares presently outstanding. Juniper Networks, Inc. (NYSE:JNPR) has risen 32.01% since October 12, 2016 and is uptrending. For the most recent quarter, quick ratio was 2.40, current ratio was 2.50, LT Debt/Equity ratio was 0.42 and Total Debt/Equity ratio stands at 0.00, while Payout ratio is 0.234.

Several analysts have released their opinion on Juniper Networks, Inc.

Driving interest in Juniper Networks, Inc. "(JNPR) Downgraded to "Neutral" at Bank of America Corporation" was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another website, it was stolen and republished in violation of US and worldwide trademark and copyright law.


Juniper Networks, Inc.'s ROA is 0%, while industry's average is 4.42%.

The business also recently announced a quarterly dividend, which was paid on Friday, September 22nd. The company was maintained on Friday, September 1 by Jefferies. After $-0.48 actual earnings per share reported by Recro Pharma Inc for the previous quarter, Wall Street now forecasts 56.25% negative EPS growth. Royal Bank Of Canada reissued a "hold" rating and set a $30.00 price target on shares of Juniper Networks in a research report on Wednesday, August 2nd. On Friday, May 5 the insider STENSRUD WILLIAM sold $303,863.

Beta is also an important valuation ratio for analyzing the stock of the company, JNPR's beta remains at 1.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The shares were sold at an average price of $27.34, for a total value of $147,636.00. Following the sale, the chief executive officer now owns 469,607 shares in the company, valued at $12,881,320.01. Acrospire Investment Management LLC now owns 4,890 shares of the network equipment provider's stock valued at $136,000 after acquiring an additional 201 shares during the last quarter.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pggm Invs, a Netherlands-based fund reported 242,977 shares.

Among 29 analysts covering Juniper Networks Inc. The most recent shifts in number of shares owned by institutions came on June 30, 2017 when Geode Capital Management, Llc sold 28 shares from its total ownership of 2661. OppenheimerFunds Inc. lifted its stake in shares of Juniper Networks by 11.0% in the 1st quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Juniper Networks by 9.4% in the 1st quarter. The stock of Juniper Networks, Inc.

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 (EMEA), and Asia Pacific (APAC).

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