Juniper Networks Inc. (NYSE:JNPR) has a beta of 0.82, a 12-month trailing P/E ratio of 44.94, and a growth ratio of 5.77. The stock’s Relative Strength Index (RSI) is 53.03, with weekly volatility at 2.03% and ATR at 0.54. The JNPR stock’s 52-week price range has touched low of $19.51 and a $29.08 high. Its shares traded higher over the last trading session, gaining 2.64% on 06/21/21. The shares fell to a low of $26.99 before closing at $27.64. Intraday shares traded counted 2.92 million, which was 24.59% higher than its 30-day average trading volume of 3.87M. JNPR’s previous close was $26.93 while the outstanding shares total 326.30M.
Investors have identified the Communication Equipment company Juniper Networks Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.33 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Juniper Networks Inc. (JNPR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For JNPR, the company has in raw cash 989.1 million on their books with 0.0 currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 2.6 billion total, with 1.61 billion as their total liabilities.
JNPR were able to record 160.1 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by -370.8 million. In cash movements, the company had a total of 179.8 million as operating cash flow.
Potential earnings growth for Juniper Networks Inc. (JNPR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/29/2021 quarter of the year, Juniper Networks Inc. recorded a total of 1.07 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 7.11% coming in sequential stages and their sales for the 07/29/2021 quarter reducing by -13.79%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 458.8 million trying to sell their products during the last quarter, with the result yielding a gross income of 615.6 million. This allows shareholders to hold on to 326.30M with the recently reported earning now reading -0.10 cents per share. This is a figure that compared to analyst’s prediction for their 07/29/2021 (0.15 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.30 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JNPR sounds very interesting.
Is the stock of JNPR attractive?
In related news, Chief Executive Officer, rahim rami sold 5,500 shares of the company’s stock in a transaction that recorded on Jun 16. The sale was performed at an average price of 28.24, for a total value of 155,330. As the sale deal closes, the Chief Executive Officer, rahim rami now sold 5,500 shares of the company’s stock, valued at 155,813. Also, Chief Executive Officer, rahim rami sold 5,500 shares of the company’s stock in a deal that was recorded on Jun 14. The shares were price at an average price of 28.45 per share, with a total market value of 156,495. Following this completion of acquisition, the EVP Chief Product Officer, Leelanivas Manoj now holds 34,710 shares of the company’s stock, valued at 954,646. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
3 out of 20 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on Juniper Networks Inc.. 3 analysts has assigned a Sell rating on the JNPR stock. The 12-month mean consensus price target for the company’s shares has been set at $26.06.