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
Stock Exchange NYSE
Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNYSE:JNPR
CUSIP48203R10
Phone408-745-2000
Debt
Debt-to-Equity Ratio0.40
Current Ratio2.27
Quick Ratio2.27
Price-To-Earnings
Trailing P/E Ratio16.03
Forward P/E Ratio22.93
P/E Growth3.9
Sales & Book Value
Annual Sales$5.03 billion
Price / Sales1.90
Cash Flow$2.4505 per share
Price / Cash11.32
Book Value$12.48 per share
Price / Book2.22
Profitability
EPS (Most Recent Fiscal Year)$1.73
Net Income$306.20 million
Net Margins3.70%
Return on Equity10.83%
Return on Assets5.33%
Miscellaneous
Employees9,381
Outstanding Shares344,800,000
Market Cap$9.27 billion
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 announced a quarterly dividend on Thursday, July 26th. Stockholders of record on Tuesday, September 4th will be paid a dividend of $0.18 per share on Tuesday, September 25th. This represents a $0.72 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Friday, August 31st. View Juniper Networks' Dividend History.
How will Juniper Networks' stock buyback program work?
Juniper Networks declared that its Board of Directors has authorized a stock repurchase program on Wednesday, January 31st 2018, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.
How were Juniper Networks' earnings last quarter?
Juniper Networks, Inc. (NYSE:JNPR) announced its quarterly earnings data on Thursday, July, 26th. The network equipment provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.04. The network equipment provider earned $1.20 billion during the quarter, compared to analyst estimates of $1.18 billion. Juniper Networks had a return on equity of 10.83% and a net margin of 3.70%. The business's revenue was down 8.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 earnings per share. 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 issued an update on its third quarter earnings guidance on Thursday, July, 26th. The company provided EPS guidance of $0.41-0.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.51. The company issued revenue guidance of $1.14-1.20 billion, compared to the consensus revenue estimate of $1.22 billion.
What price target have analysts set for JNPR?
29 Wall Street analysts have issued 1 year price targets for Juniper Networks' shares. Their forecasts range from $21.00 to $33.00. On average, they anticipate Juniper Networks' share price to reach $27.0114 in the next year. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for Juniper Networks.
What is the consensus analysts' recommendation for Juniper Networks?
29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Juniper Networks in the last year. There are currently 6 sell ratings, 17 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 reported relatively modest second-quarter 2018 results on the back of a solid performance from the cloud vertical and growth in enterprise business. The company is set to capitalize on the growing demand for data center virtualization, cloud computing and optical convergence. Juniper is expected to benefit from the higher spending pattern among carriers to upgrade their networks to support the incremental growth in data traffic. Management remains confident to return to a healthy growth trajectory by the end of the year. However, the stock has underperformed the industry in the past year on an average. 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. The security business may also remain a drag on results due to the loss of about $30 million quarterly contribution by the mobile security platform." (8/1/2018)
- 2. Rosenblatt Securities analysts commented, "We ex- pect the company to report results that are slightly better than our ($73.0 million & ($0.20)) expectations. We believe strong orders from both Huawei and Ciena (CIEN: Neutral) (a combined 10-15% QoQ growth) will lead to the company giving in-line or slightly stronger Q3 guidance than our ($82.3 million & ($0.15)) forecasts. Based on our research, we believe China Mobile (CHL: NR) will start deploying 15K 100G OTN modules in China telecos demand for the 100G module should trend up in the 2nd half of this year. These would be a positive for NeoPhotonics’ high-end coherent module business, and lead to strong volume growth in 2H18." (7/28/2018)
- 3. 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)
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), Xplore Technologies (XPLR), Lantronix (LTRX), Echelon (ELON), BIO-key International (BKYI) and Black Box (BBOX).
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?
Press coverage about JNPR stock has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million blog and news 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 daily sentiment score of 0.17 on Accern's scale. They also assigned news articles about the network equipment provider an impact score of 44.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Juniper Networks.
Who are Juniper Networks' major shareholders?
Juniper Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.05%), LSV Asset Management (3.16%), First Trust Advisors LP (3.15%), Bank of New York Mellon Corp (1.99%), Fairpointe Capital LLC (1.67%) and Dimensional Fund Advisors LP (1.48%). Company insiders that own Juniper Networks stock include Brian Martin, Jonathan Davidson, 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 FMR LLC, Diamond Hill Capital Management Inc., Schroder Investment Management Group, Fairpointe Capital LLC, Renaissance Technologies LLC, Canada Pension Plan Investment Board, BlackRock Inc. and SG Americas Securities LLC. 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 bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Bank of Montreal Can, Toronto Dominion Bank, USS Investment Management Ltd, MUFG Securities EMEA plc, First Trust Advisors LP, Wells Fargo & Company MN and Worldquant Millennium Quantitative Strategies 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 $27.74.
How big of a company is Juniper Networks?
Juniper Networks has a market capitalization of $9.27 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 (NYSE 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.
