Juniper Networks Inc. (JNPR) Is Worth Investing In

Juniper Networks Inc. (NYSE:JNPR) at last check was buoying at $32.47 on Friday, April 29 with a fall of -0.64% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $32.68 and 5Y monthly beta was reading 0.87 with its price kept floating in the range of $31.88 and $32.78 on the day. Company’s P/E ratio for the trailing 12 months is 42.94. Considering stock’s 52-week price range provides that JNPR hit a high price of $38.14 and saw its price falling to a low level of $25.33 during that period. Over a period of past 1-month, stock came subtracting -13.29% in its value.

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With its current market valuation of $10.95 billion, Juniper Networks Inc. is set to declare its quarterly results on Apr 25, 2022 – Apr 29, 2022. JNPR Stock’s Forward Dividend of 0.80 and its yield of 2.45% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of $0.53 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $1.72 for 2021 with estimates of that growing to $1.96 in next year. These estimates are suggesting current year growth of 11.00% for EPS and 14.00% growth next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $1.27 billion. They suggested that in the process company could generate revenue of as low as $1.25 billion which could climb up to $1.28 billion to hit a high. The average estimate is representing an increase of 3.80% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $4.7 billion in 2021, which will be 5.80% more from revenue generated by the company last year.

In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review JNPR stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of Hold for it.

Digging deeper we become aware of the PEG ratio of the JNPR stock which is currently positioned at 4.59. It further provides that stock’s current price level is -7.79% away from its 20-day simple moving average and is -6.74% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 35.77 while volatility remained at 3.85% over the past week which changes to 2.78% when measuring it over the past month. Beta is valued at 0.89, while measure of average true range or ATR is currently at 1.07.

In comparing Juniper Networks Inc. (JNPR)’s stock with other industry players reveals that stock’s latest price change of -0.64% and that of 24.02% over the past 12 months is in competing position with that of Cisco Systems Inc. (CSCO) which saw its stock price fall by -1.39% in the recent trading and went through a decrease of -1.61% in past 12-month trading. Industry’s another major player VMware Inc. (VMW) has fall -0.10% down in latest trading session, but over the past year has faced afall of -16.85%, while Fortinet Inc. (FTNT) was also down -3.47% however its price remained floating in the green at 57.90% over the same period. Juniper Networks Inc. has a P/E ratio of 42.94 against that of Cisco Systems Inc.’s 18.11 while VMware Inc. is showing 25.74 for the same. On the other hand, the S&P 500 Index is down -1.46% in the early deals today while the Dow Jones Industrial was […]

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