Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; and QFX series of core, spine, and top-of-rack data center switches. In addition, the company offers security products comprising SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, it offers Junos OS, a network operating system; Contrail networking and cloud platform, which provides an open-source and standards-based platform for SDN and NFV; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and AppFormix, an optimization and management software platform for public, private, and hybrid clouds. Additionally, the company provides technical support and professional services, as well as education and training programs. It sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the cloud, telecom/cable, and strategic enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.
Industry, Sector and Symbol
Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNYSE:JNPR
CUSIP48203R10
Phone408-745-2000
Debt
Debt-to-Equity Ratio0.41
Current Ratio2.14
Quick Ratio2.14
Price-To-Earnings
Trailing P/E Ratio15.25
Forward P/E Ratio22.42
P/E Growth4.01
Sales & Book Value
Annual Sales$5.03 billion
Price / Sales1.82
Cash Flow$2.3316 per share
Price / Cash11.25
Book Value$12.48 per share
Price / Book2.10
Profitability
EPS (Most Recent Fiscal Year)$1.73
Net Income$306.20 million
Net Margins4.92%
Return on Equity11.85%
Return on Assets5.94%
Miscellaneous
Employees9,381
Outstanding Shares349,150,000
Juniper Networks (NYSE:JNPR) Frequently Asked Questions
What is Juniper Networks' stock symbol?
Juniper Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "JNPR."
How often does Juniper Networks pay dividends? What is the dividend yield for Juniper Networks?
Juniper Networks declared a quarterly dividend on Wednesday, May 2nd. Stockholders of record on Friday, June 1st will be paid a dividend of $0.18 per share on Friday, June 22nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, May 31st. View Juniper Networks' Dividend History.
How will Juniper Networks' stock buyback program work?
Juniper Networks declared that its board has initiated a stock repurchase program on Wednesday, January 31st 2018, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.
How were Juniper Networks' earnings last quarter?
Juniper Networks, Inc. (NYSE:JNPR) released its earnings results on Tuesday, May, 1st. The network equipment provider reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.02. The network equipment provider earned $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. Juniper Networks had a return on equity of 11.85% and a net margin of 4.92%. The company's quarterly revenue was down 11.3% on a year-over-year basis. During the same quarter last year, the business posted $0.46 EPS. View Juniper Networks' Earnings History.
When is Juniper Networks' next earnings date?
What guidance has Juniper Networks issued on next quarter's earnings?
Juniper Networks updated its second quarter earnings guidance on Tuesday, May, 1st. The company provided earnings per share guidance of $0.41-0.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.43. The company issued revenue guidance of $1.145-1.205 billion, compared to the consensus revenue estimate of $1.16 billion.
What price target have analysts set for JNPR?
31 Wall Street analysts have issued 12 month target prices for Juniper Networks' stock. Their forecasts range from $21.00 to $37.00. On average, they expect Juniper Networks' share price to reach $27.73 in the next twelve months. View Analyst Ratings for Juniper Networks.
What are Wall Street analysts saying about Juniper Networks stock?
Here are some recent quotes from research analysts about Juniper Networks stock:
- 1. According to Zacks Investment Research, "Juniper faces stiff competition in each of its served markets. Uncertain global macro environment and anticipation of potentially weak investment patterns among customers remain major headwinds for the company. Considering Juniper’s broad exposure to the service provider market, the ongoing consolidations could increase uncertainties and restrict its revenue growth over the long term. Net revenues for first-quarter 2018 decreased on lower demand for routing and switching products. The stock has underperformed the industry in the past year on an average. However, Juniper’s product launches, cost reduction initiatives and diligent execution of operational plans are encouraging. Juniper is set to capitalize on the growing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence and remains confident of returning to a growth trajectory by the end of the year." (5/18/2018)
- 2. Robert W. Baird analysts commented, "We are adjusting our estimates lower for FQ1 and reviewing thoughts in front of the FQ4 print. We continue to be mixed to negative regarding Juniper’s competitive position but valuation is modest and investor sentiment is low. We view tax reform as a positive and Cloud exposure as a wild card for Juniper in 2018." (1/23/2018)
Are investors shorting Juniper Networks?
Juniper Networks saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 22,654,991 shares, an increase of 31.6% from the May 15th total of 17,212,135 shares. Based on an average trading volume of 6,010,480 shares, the short-interest ratio is presently 3.8 days. Approximately 6.6% of the shares of the stock are short sold. View Juniper Networks' Current Options Chain.
Who are some of Juniper Networks' key competitors?
Some companies that are related to Juniper Networks include Hewlett Packard Enterprise (HPE), Arista Networks (ANET), Toshiba (TOSYY), F5 Networks (FFIV), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Xplore Technologies (XPLR), Black Box (BBOX), BIO-key International (BKYI) and Intrusion (INTZ).
Who are Juniper Networks' key executives?
Juniper Networks' management team includes the folowing people:
- Mr. Rami Rahim, CEO & Director (Age 47)
- Mr. Kenneth Bradley Miller, Exec. VP & CFO (Age 47)
- Mr. Bikash Koley, Exec. VP & CTO (Age 45)
- Mr. Vincent J. Molinaro, Interim Chief Customer Officer (Age 55)
- Mr. Anand Athreya, Exec. VP & Chief Devel. Officer (Age 55)
Has Juniper Networks been receiving favorable news coverage?
Media stories about JNPR stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Juniper Networks earned a media sentiment score of 0.08 on Accern's scale. They also assigned media coverage about the network equipment provider an impact score of 45.95 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Juniper Networks' major shareholders?
Juniper Networks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.25%), FIL Ltd (2.73%), LSV Asset Management (2.17%), Diamond Hill Capital Management Inc. (2.07%), Dimensional Fund Advisors LP (1.48%) and Northern Trust Corp (1.23%). Company insiders that own Juniper Networks stock include Brian Martin, Jonathan Davidson, Kevin A Denuccio, Pradeep Sindhu, Rahul N Merchant, Rami Rahim, Scott Kriens, Terrance F Spidell, Vincent Molinaro and William Stensrud. View Institutional Ownership Trends for Juniper Networks.
Which institutional investors are selling Juniper Networks stock?
JNPR stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Schwab Charles Investment Management Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH, BlackRock Inc., Candriam Luxembourg S.C.A., JPMorgan Chase & Co. and Swiss National Bank. Company insiders that have sold Juniper Networks company stock in the last year include Rami Rahim, Terrance F Spidell, Vincent Molinaro and William Stensrud. View Insider Buying and Selling for Juniper Networks.
Which institutional investors are buying Juniper Networks stock?
JNPR stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, LSV Asset Management, WINTON GROUP Ltd, Legal & General Group Plc, Robeco Institutional Asset Management B.V., FIL Ltd, KBC Group NV and Element Capital Management LLC. View Insider Buying and Selling for Juniper Networks.
How do I buy shares of Juniper Networks?
Shares of JNPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Juniper Networks' stock price today?
One share of JNPR stock can currently be purchased for approximately $26.23.
How big of a company is Juniper Networks?
Juniper Networks has a market capitalization of $9.33 billion and generates $5.03 billion in revenue each year. The network equipment provider earns $306.20 million in net income (profit) each year or $1.73 on an earnings per share basis. Juniper Networks employs 9,381 workers across the globe.
How can I contact Juniper Networks?
Juniper Networks' mailing address is 1133 INNOVATION WAY, SUNNYVALE CA, 94089. The network equipment provider can be reached via phone at 408-745-2000 or via email at [email protected]
MarketBeat Community Rating for Juniper Networks (JNPR)
MarketBeat's community ratings are surveys of what our community members think about Juniper Networks and other stocks. Vote "Outperform" if you believe JNPR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe JNPR will underperform the S&P 500 over the long term. You may vote once every thirty days.
