Press coverage about Juniper Networks (NYSE:JNPR) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, 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 gave media coverage 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 effect on the stock’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Juniper Networks, Inc. (JNPR) Director William Stensrud Sells 10,000 Shares (americanbankingnews.com)
- 63,189 Shares in Juniper Networks, Inc. (JNPR) Acquired by Fort L.P. (americanbankingnews.com)
- 500,000 Shares in Juniper Networks, Inc. (JNPR) Purchased by Hudson Bay Capital Management LP (americanbankingnews.com)
- Juniper Networks (JNPR) Stock Rating Upgraded by Standpoint Research (americanbankingnews.com)
- Hair-Raising Facts to Know – Juniper Networks Inc (NYSE: JNPR) – Stocks Pen (stockspen.com)
A number of equities analysts have recently commented on the company. Piper Jaffray Companies reiterated a “neutral” rating and issued a $27.00 price objective on shares of Juniper Networks in a research note on Wednesday, January 10th. Standpoint Research upgraded Juniper Networks from a “hold” rating to a “buy” rating in a research note on Tuesday. Robert W. Baird reiterated a “hold” rating and issued a $26.00 price objective on shares of Juniper Networks in a research note on Wednesday, January 31st. Loop Capital dropped their price objective on Juniper Networks to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 31st. Finally, Barclays dropped their price objective on Juniper Networks from $25.00 to $23.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 31st. 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 stock. The company presently has an average rating of “Hold” and a consensus target price 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 for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The company 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 quarterly revenue was down 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.66 earnings per share. equities analysts expect that Juniper Networks will post 1.34 EPS for the current year.
Juniper Networks announced that its board has authorized a share repurchase 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 purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Thursday, March 1st will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.76%. This is an increase from Juniper Networks’s previous quarterly dividend of $0.10. The ex-dividend date is Wednesday, February 28th. Juniper Networks’s payout ratio is presently 25.64%.
In other news, VP Terrance F. Spidell sold 8,409 shares of Juniper Networks 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 completion of the transaction, the vice president now owns 3,944 shares in the company, valued at $104,397.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Stensrud sold 10,000 shares of Juniper Networks stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $26.17, for a total transaction of $261,700.00. Following the completion of the transaction, the director now owns 5,531 shares of the company’s stock, valued at approximately $144,746.27. The disclosure for this sale can be found here. Insiders have sold 26,713 shares of company stock worth $701,921 over the last ninety days. Company 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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