NYSE:JNPR - Juniper Networks Stock Price, News, & Analysis

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$26.07 +0.67 (+2.64 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$25.40
Today's Range$25.60 - $26.17
52-Week Range$24.82 - $30.80
Volume3.27 million shs
Average Volume3.54 million shs
Market Capitalization$9.09 billion
P/E Ratio19.17
Dividend Yield2.99%
Beta0.84
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 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; and AppFormix, an optimization and management software platform for public, private, and hybrid clouds. Additionally, the company provides technical support, maintenance, 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.

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Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
CUSIP48203R10
Phone408-745-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.65 billion
Cash Flow$2.0806 per share
Book Value$13.91 per share

Profitability

Net Income$566.90 million

Miscellaneous

Employees9,283
Market Cap$9.09 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

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, April 25th. Investors of record on Monday, June 3rd will be given a dividend of $0.19 per share on Monday, June 24th. This represents a $0.76 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Friday, May 31st. View Juniper Networks' Dividend History.

How will Juniper Networks' stock buyback program work?

Juniper Networks announced that its board has authorized a stock buyback program on Wednesday, January 31st 2018, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often 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) released its quarterly earnings data on Thursday, April, 25th. The network equipment provider reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.15. The network equipment provider had revenue of $1 billion for the quarter, compared to the consensus estimate of $983.92 million. Juniper Networks had a return on equity of 10.67% and a net margin of 12.34%. Juniper Networks's revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.28 EPS. View Juniper Networks' Earnings History.

When is Juniper Networks' next earnings date?

Juniper Networks is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Juniper Networks.

What guidance has Juniper Networks issued on next quarter's earnings?

Juniper Networks issued an update on its second quarter earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of ~$0.39 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42. The company issued revenue guidance of ~$1.1 billion (+/- $30 million), compared to the consensus revenue estimate of $1.11 billion.Juniper Networks also updated its FY 2019 guidance to $1.70-1.80 EPS.

What price target have analysts set for JNPR?

14 brokerages have issued 12-month price targets for Juniper Networks' stock. Their predictions range from $21.00 to $34.00. On average, they expect Juniper Networks' stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Juniper Networks.

What is the consensus analysts' recommendation for Juniper Networks?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Juniper Networks in the last year. There are currently 4 sell ratings, 7 hold ratings and 3 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 is optimistic about its new and expanding partnerships with firms like Nutanix and Ericsson as this will give competitive advantage over alternative offerings, while remaining bullish about the potential of MX5G offerings. Moreover, the company is introducing the industry’s first 400-gig product and is well positioned to gain incremental market share as cloud, service provider and enterprise customers aim to upgrade their networks in a bid to support the incremental growth in data traffic. Juniper is in the early stages of ramping several important innovations, such as Contrail Enterprise Multicloud and the SPC3 line cards for its high end SRX firewall. However, the stock has underperformed the industry in the past three months on an average. The company faces stiff competition in each of its served markets, which has traditionally spearheaded innovation, charging high prices for its premium branded products." (4/8/2019)
  • 2. Rosenblatt Securities analysts commented, "We expect JNPR to meet or exceed 3Q18 guidance on a surge in Verizon (VZ: NR) capi- tal spending on its metro upgrade program but we see consensus estimates for 4Q18 and FY19 as too aggressive. We expect JNPR to continue to see headwinds and declin- ing YoY sales in service provider routing outside of VZ and a resumption of YoY routing sales growth in its cloud segment to net-out to flattish routing sales and declining gross margins in its largest and most profitable product line. Modest (low – to mid- single digit%) YoY growth in switching, security, and services could enable JNPR to eek out very low single digit YoY topline growth, but our +1% FY19 revenues estimates are ~2% lower than consensus. Further, we expect continued pricing and top line pressure to drive gross margin weakness and earnings below consensus over 4Q18 through FY19." (10/14/2018)

Has Juniper Networks been receiving favorable news coverage?

Headlines about JNPR stock have been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Juniper Networks earned a news impact score of -1.2 on InfoTrie's scale. They also assigned news stories about the network equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

Are investors shorting Juniper Networks?

Juniper Networks saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 26,495,310 shares, an increase of 43.5% from the April 15th total of 18,460,590 shares. Based on an average daily volume of 3,936,496 shares, the short-interest ratio is presently 6.7 days. Approximately 7.7% of the company's stock are short sold. View Juniper Networks' Current Options Chain.

Who are some of Juniper Networks' key competitors?

What other stocks do shareholders of Juniper Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Juniper Networks investors own include Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), Netflix (NFLX), Bank of America (BAC), salesforce.com (CRM) and General Electric (GE).

Who are Juniper Networks' key executives?

Juniper Networks' management team includes the folowing people:
  • Mr. Rami Rahim, CEO & Director (Age 48)
  • Mr. Kenneth Bradley Miller, Exec. VP, CFO & Interim Chief Accounting Officer (Age 48)
  • Mr. Manoj Leelanivas, Exec. VP & Chief Product Officer (Age 49)
  • Mr. Anand Athreya, Exec. VP & Chief Devel. Officer (Age 56)
  • Mr. Bikash Koley, Exec. VP & CTO (Age 46)

Who are Juniper Networks' major shareholders?

Juniper Networks' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.44%), LSV Asset Management (3.75%), First Trust Advisors LP (3.10%), FIL Ltd (1.83%), AQR Capital Management LLC (1.75%) and Geode Capital Management LLC (1.74%). Company insiders that own Juniper Networks stock include Anand Athreya, Bikash Koley, Kenneth Bradley Miller, Kevin A Denuccio, Manoj Leelanivas, Rahul N Merchant, Rami Rahim, Terrance F Spidell, Vincent Molinaro and William Stensrud. View Institutional Ownership Trends for Juniper Networks.

Which major investors are selling Juniper Networks stock?

JNPR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., FMR LLC, Retirement Systems of Alabama, LSV Asset Management, Marshall Wace North America L.P., Bank of Montreal Can, O Shaughnessy Asset Management LLC and State of Wisconsin Investment Board. Company insiders that have sold Juniper Networks company stock in the last year include Anand Athreya, Bikash Koley, Kenneth Bradley Miller, Kevin A Denuccio, Manoj Leelanivas, Rami Rahim, Vincent Molinaro and William Stensrud. View Insider Buying and Selling for Juniper Networks.

Which major investors are buying Juniper Networks stock?

JNPR stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, First Trust Advisors LP, AQR Capital Management LLC, Janus Henderson Group PLC, Charles Schwab Investment Management Inc., FIL Ltd, Morgan Stanley and Teacher Retirement System of Texas. 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 $26.07.

How big of a company is Juniper Networks?

Juniper Networks has a market capitalization of $9.09 billion and generates $4.65 billion in revenue each year. The network equipment provider earns $566.90 million in net income (profit) each year or $1.36 on an earnings per share basis. Juniper Networks employs 9,283 workers across the globe.

What is Juniper Networks' official website?

The official website for Juniper Networks is http://www.juniper.net/.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  974 (Vote Outperform)
Underperform Votes:  1,221 (Vote Underperform)
Total Votes:  2,195
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.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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