News articles about Juniper Networks (NYSE:JNPR) have trended somewhat positive on Wednesday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Juniper Networks earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the network equipment provider an impact score of 47.0845033570879 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Juniper Networks, Inc. (JNPR) Position Increased by Fairpointe Capital LLC Last Quarter (highlightpress.com)
- $1.32 Billion in Sales Expected for Juniper Networks, Inc. (JNPR) This Quarter (americanbankingnews.com)
- Juniper Networks, Inc. (JNPR) Updates Q3 Earnings Guidance (overnewsmagazine.com)
- BidaskClub Downgrades Juniper Networks, Inc (expressnewsline.com)
- After Hours Most Active for Aug 10, 2017 : SNAP, T, QQQ, NVDA, JNPR, BAC, CMCSA, SRC, NBR, QCOM, MSFT, XIV – Nasdaq (nasdaq.com)
JNPR has been the subject of several research reports. Zacks Investment Research raised shares of Juniper Networks from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research note on Friday, July 28th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $30.00 price target (up from $27.00) on shares of Juniper Networks in a research note on Wednesday, April 26th. Raymond James Financial, Inc. raised shares of Juniper Networks from a “market perform” rating to an “outperform” rating and set a $34.00 price target for the company in a research note on Friday, July 21st. Instinet reaffirmed a “buy” rating and set a $33.00 price target on shares of Juniper Networks in a research note on Tuesday, July 4th. Finally, TheStreet cut shares of Juniper Networks from a “b” rating to a “c+” rating in a research note on Thursday, June 29th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $30.89.
Juniper Networks (NYSE:JNPR) opened at 27.53 on Wednesday. The firm has a 50-day moving average price of $28.42 and a 200-day moving average price of $28.56. The company has a market cap of $10.47 billion, a PE ratio of 16.48 and a beta of 1.07. Juniper Networks has a 52-week low of $22.40 and a 52-week high of $30.96.
Juniper Networks (NYSE:JNPR) last released its quarterly earnings results on Tuesday, July 25th. The network equipment provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Juniper Networks had a return on equity of 14.13% and a net margin of 12.66%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 EPS. On average, analysts forecast that Juniper Networks will post $2.24 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.45%. Juniper Networks’s dividend payout ratio (DPR) is presently 23.39%.
In other news, VP Terrance F. Spidell sold 10,600 shares of the stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $29.47, for a total transaction of $312,382.00. Following the transaction, the vice president now directly owns 10,600 shares in the company, valued at approximately $312,382. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Vincent Molinaro sold 5,031 shares of the stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $30.00, for a total value of $150,930.00. The disclosure for this sale can be found here. Insiders have sold a total of 18,944 shares of company stock worth $555,049 over the last quarter. Corporate insiders own 3.40% of the company’s stock.
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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