Juniper Networks, Inc. (NYSE:JNPR) Receives $37.63 Consensus PT from Analysts

Juniper Networks, Inc. (NYSE:JNPR - Get Free Report) has received a consensus rating of "Hold" from the nine research firms that are covering the firm, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $37.63.

Several research analysts have recently issued reports on the stock. Barclays decreased their price objective on shares of Juniper Networks from $41.00 to $40.00 and set an "equal weight" rating for the company in a report on Friday, July 26th. Needham & Company LLC restated a "hold" rating on shares of Juniper Networks in a report on Friday, July 26th. StockNews.com assumed coverage on shares of Juniper Networks in a report on Monday, September 16th. They set a "hold" rating for the company. Finally, Citigroup reissued a "neutral" rating and issued a $40.00 price objective on shares of Juniper Networks in a research report on Monday, September 23rd.

Institutional Trading of Juniper Networks

Several institutional investors and hedge funds have recently made changes to their positions in JNPR. Larson Financial Group LLC boosted its holdings in shares of Juniper Networks by 2,069.4% in the second quarter. Larson Financial Group LLC now owns 781 shares of the network equipment provider's stock valued at $28,000 after buying an additional 745 shares during the period. OFI Invest Asset Management acquired a new position in Juniper Networks during the second quarter worth $31,000. Longfellow Investment Management Co. LLC bought a new position in Juniper Networks in the second quarter valued at $36,000. Fidelis Capital Partners LLC bought a new position in Juniper Networks in the first quarter valued at $43,000. Finally, Atlas Capital Advisors LLC bought a new position in shares of Juniper Networks in the 1st quarter valued at about $55,000. Institutional investors own 91.95% of the company's stock.

Juniper Networks Stock Down 0.0 %

Shares of Juniper Networks stock traded down $0.01 during trading on Friday, reaching $39.21. The company had a trading volume of 3,049,780 shares, compared to its average volume of 3,578,198. The company has a market cap of $12.74 billion, a price-to-earnings ratio of 56.83, a price-to-earnings-growth ratio of 11.26 and a beta of 0.93. Juniper Networks has a fifty-two week low of $24.87 and a fifty-two week high of $39.79. The firm's fifty day moving average is $38.82 and its 200-day moving average is $37.04. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.23 and a current ratio of 1.69.

Juniper Networks (NYSE:JNPR - Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The network equipment provider reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.13). Juniper Networks had a return on equity of 8.02% and a net margin of 4.58%. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the firm earned $0.42 EPS. The business's revenue for the quarter was down 16.8% compared to the same quarter last year. On average, analysts anticipate that Juniper Networks will post 0.97 EPS for the current year.

Juniper Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Monday, September 2nd were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date was Friday, August 30th. Juniper Networks's dividend payout ratio (DPR) is currently 127.54%.

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.