Juniper Networks (NYSE:JNPR) Earning Somewhat Positive Media Coverage, Analysis Shows

News articles about Juniper Networks (NYSE:JNPR) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Juniper Networks earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media headlines about the network equipment provider an impact score of 46.2245430096751 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:

Juniper Networks stock traded down $0.04 during mid-day trading on Thursday, reaching $25.26. 388,603 shares of the company’s stock were exchanged, compared to its average volume of 4,455,836. Juniper Networks has a fifty-two week low of $23.87 and a fifty-two week high of $30.96. The stock has a market cap of $8,738.29, a PE ratio of 31.23, a PEG ratio of 2.95 and a beta of 0.87. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.46.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data on Tuesday, January 30th. The network equipment provider reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.01. Juniper Networks had a net margin of 6.26% and a return on equity of 13.34%. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the company earned $0.66 EPS. The firm’s revenue was down 10.5% on a year-over-year basis. sell-side analysts forecast that Juniper Networks will post 1.34 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 22nd. Investors of record on Thursday, March 1st will be issued a dividend of $0.18 per share. This is a positive change from Juniper Networks’s previous quarterly dividend of $0.10. This represents a $0.72 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Wednesday, February 28th. Juniper Networks’s dividend payout ratio is currently 88.89%.

Juniper Networks announced that its board has approved a share buyback plan on Tuesday, January 30th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the network equipment provider to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Several research firms recently weighed in on JNPR. Standpoint Research upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating in a report on Tuesday, February 27th. BMO Capital Markets restated a “buy” rating and set a $29.00 price target on shares of Juniper Networks in a report on Sunday, February 11th. TheStreet lowered shares of Juniper Networks from a “b” rating to a “c+” rating in a research report on Thursday, February 8th. Goldman Sachs initiated coverage on shares of Juniper Networks in a research report on Wednesday, February 7th. They issued a “neutral” rating and a $26.00 price objective on the stock. Finally, ValuEngine lowered shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Four investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $28.61.

In other Juniper Networks news, Director William Stensrud sold 10,000 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $26.17, for a total value of $261,700.00. Following the completion of the transaction, the director now directly owns 5,531 shares in the company, valued at approximately $144,746.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Terrance F. Spidell sold 8,409 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $26.47, for a total transaction of $222,586.23. Following the completion of the transaction, the vice president now owns 3,944 shares of the company’s stock, valued at $104,397.68. The disclosure for this sale can be found here. Insiders have sold a total of 42,813 shares of company stock valued at $1,124,709 over the last quarter. 2.60% of the stock is currently owned by company insiders.

ILLEGAL ACTIVITY WARNING: This report was first reported by BBNS and is the sole property of of BBNS. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://baseballnewssource.com/2018/03/22/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-juniper-networks-jnpr-share-price-2/1927282.html.

About Juniper Networks

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.

Insider Buying and Selling by Quarter for Juniper Networks (NYSE:JNPR)

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