Juniper Networks, Inc. (JNPR): Incredible, Overlooked, Underappreciated

Taking everything into account, Juniper Networks, Inc. (NYSE:JNPR) scores 80% Sell on the technical side. The stock is also flashing a Sell from the Barchart TrendSpotter trading system. Traders hoping to speculate on the JNPR’s short-term trajectory should know that short terms indicators for the stock averaged 60% Sell with an average daily trading volume over the past 20 days at 3980095 shares. JNPR stock has overall a 0.75% Sell signal considering medium term indicators and the 50-day average daily volume remained almost 3946094 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was shares, is 100% Sell on the basis of long term indicators.

The share price is currently staying around the first support level of $26.07. Below this, the next support is placed in the zone of $25.97. Till the time, the JNPR stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 39.12 on daily chart, which may remain a cause for comfort. If the price breaks below $25.97 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $26.27 mark may result into a pull-back move towards $26.37 level.

Juniper Networks, Inc. (JNPR) is projected to climb by -0.19 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $32 price as 12-month high target. This represents a whopping 22.28 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $26.75, which represents a return potential of 2.22 percent when compared to the closing price of the stock of $26.17 on Monday, February 11. The lowest price target for the stock is $18 — slightly more than -31.22 percent from JNPR’s current share price.

Here’s a rundown of insider trading activity for sense of Juniper Networks, Inc. (NYSE:JNPR). The earliest insider trade took place on 02/06/2019. Rahim Rami parted with a total of 10.7 thousand shares of company at average share price of $26.08. The total for the sales was set at $279.06 thousand. After this transaction, the CEO account balance stood at 597.23 thousand shares. The stock grew 0.35 percent since that insider sale. On 02/01/2019, Miller Kenneth Bradley, EVP CFO, sold 7 thousand shares at a price per share of $26. This removed 182 thousand shares from the insider’s fortune and the stock saw a 0.65 percent rally in value since the news became public. This transaction left 73.19 thousand shares in the EVP CFO account. On 01/30/2019, EVP CTO Koley Bikash performed a sale transaction worth $177.53 thousand. This sale at $25 each has eliminated 7.1 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 4.68 percent increase since the transaction was reported. The insider now is left with 49.71 thousand shares remaining in the account. Rahim Rami, who performs the CEO job, sold 16.1 thousand shares for $488.64 thousand. The disposal occurred on 11/09/2018 was priced at $30.35 per share. The share price plunged -13.77 percent since the reporting date. Rahim Rami now left with a stake of 607.93 thousand JNPR stock worth $15.91 million after the insider selling.

JNPR shares accumulated 0.08 points or 0.31 percent on Monday to $26.17 with a light trade volume of 1.905 million shares. After opening the session at $26.22, the shares went as high as $26.27 and as low as $26.07, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $8.99 billion and now has 343.57 million shares outstanding. Juniper Networks, Inc. (JNPR) stock has lost -7.4 percent of market value in 21 trading days.

Analysts at BofA/Merrill cut their rating on shares of Juniper Networks, Inc. (NYSE:JNPR) from Buy to Underperform in their opinion released on January 30. Nomura analysts bumped their recommendation on JNPR stock from Neutral to Buy in a separate flash note to investors on September 19. Analysts at Deutsche Bank issued an upgrade from Hold to Buy for the stock, in a research note that dated back to July 30.

JNPR stock has a trailing 3-year beta of 0.83, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.62 a share in the trailing twelve months. The stock’s value has fallen -2.75 percent year to date (YTD) against a rise of 6.12 percent in 12 month’s time. The company’s shares still trade -15.03 percent away from its 1-year high of $30.80 and 10.84 percent up from 52-week low of $23.61. The average consensus rating on the company is 3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a hold.

Shares of Juniper Networks, Inc. (JNPR) are trading at a P/E ratio of 16.08 times earnings reported for the past 12 months. The industry JNPR operates in has an average P/E of 17.37. Its P/E ratio went as low as 16.73X and as high as 18.49 over the 5-year span. Further, it is sporting a 1.93 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.77. 59 percent is the gross profit margin for Juniper Networks, Inc. and operating margin sits at 14 percent. Along with this, the net profit margin is 3.6 percent.

JNPR will be declaring its Q1 financial results on April 23. Analysts are forecasting revenue to suffer decline of -8.7 percent to $988M in the next fiscal quarter, while earnings are seen soaring by nearly -21.43 percent to $0.22 per share. History has shown that shares in Juniper Networks, Inc. have gone down on 20 different earnings reaction days and are predicted to add 0.06 percent when the company reports upcoming earnings. In last reported earnings results, it earned $0.59 per share, better than the $0.57, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $1.18B, worse than the $1.22B analysts expected. Earnings are estimated to increase by 1.4 percent this year, 12.96 percent next year and continue to increase by 13.23 percent annually for the next 5 years.