News stories about Juniper Networks (NYSE:JNPR) have trended somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of 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 0.18 on Accern’s scale. Accern also assigned media stories about the network equipment provider an impact score of 46.2245430096751 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Juniper Networks, Inc. (JNPR) stock reveals return of 1.93% for the previous five trading days – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
- Juniper Networks, Inc. (NYSE:JNPR) – Hot Stock in Focus – Nasdaq Journal (nasdaqjournal.com)
- Juniper Networks, Inc. (JNPR) receives consensus rating of 2.90 … – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Hot Mover to Watch: Juniper Networks Inc (NYSE: JNPR) – Alpha Beta Stock (alphabetastock.com)
- Juniper Networks, Inc. (JNPR) expected to achieve earnings growth of 1.40% for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
A number of research firms have recently weighed in on JNPR. Robert W. Baird reaffirmed a “hold” rating and set a $26.00 price objective on shares of Juniper Networks in a research report on Thursday, November 30th. Loop Capital began coverage on Juniper Networks in a research report on Monday, January 29th. They set a “hold” rating and a $30.00 price objective on the stock. Barclays cut Juniper Networks from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $28.00 to $25.00 in a research report on Wednesday, January 17th. ValuEngine raised Juniper Networks from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Finally, Wells Fargo & Co assumed coverage on Juniper Networks in a research note on Tuesday, November 14th. They set a “market perform” rating and a $25.00 target price on the stock. Four equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and nine have issued a buy rating to the company. Juniper Networks presently has a consensus rating of “Hold” and an average price target of $28.61.
Juniper Networks (NYSE:JNPR) last released its quarterly earnings data on Tuesday, January 30th. The network equipment provider reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.01. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.23 billion. Juniper Networks had a return on equity of 13.34% and a net margin of 6.26%. The company’s revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS. equities research analysts expect that Juniper Networks will post 1.34 EPS for the current fiscal year.
Juniper Networks declared that its board has authorized a stock buyback plan on Tuesday, January 30th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the network equipment provider to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 22nd. Stockholders of record on Thursday, March 1st will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.72 annualized dividend and a dividend yield of 2.75%. This is an increase from Juniper Networks’s previous quarterly dividend of $0.10. Juniper Networks’s payout ratio is currently 46.15%.
In other news, CEO Rami Rahim sold 5,300 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $26.24, for a total transaction of $139,072.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Terrance F. Spidell sold 8,409 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $26.47, for a total value of $222,586.23. Following the transaction, the vice president now directly owns 3,944 shares in the company, valued at approximately $104,397.68. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,813 shares of company stock worth $1,124,709. Corporate insiders own 2.60% of the company’s stock.
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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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