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 Ratio15.82
Forward P/E Ratio22.98
P/E Growth4.36
Sales & Book Value
Annual Sales$5.03 billion
Price / Sales1.89
Cash Flow$2.1854 per share
Price / Cash12.62
Book Value$12.48 per share
Price / Book2.21
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
Employees9,341
Outstanding Shares344,800,000
Market Cap$10.33 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 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Friday, August 31st. View Juniper Networks' Dividend History.
How will Juniper Networks' stock buyback program work?
Juniper Networks announced that its board has initiated a stock buyback program on Wednesday, January 31st 2018, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board 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 EPS for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.04. The network equipment provider earned $1.20 billion during the quarter, compared to the consensus estimate of $1.18 billion. Juniper Networks had a net margin of 3.70% and a return on equity of 10.83%. The business's revenue was down 8.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.57 earnings per share. View Juniper Networks' Earnings History.
When is Juniper Networks' next earnings date?
How can I listen to Juniper Networks' earnings call?
Juniper Networks will be holding an earnings conference call on Tuesday, October 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774078033.
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 earnings per share (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?
25 analysts have issued 12 month price objectives for Juniper Networks' shares. Their predictions range from $21.00 to $34.00. On average, they anticipate Juniper Networks' share price to reach $27.25 in the next year. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Juniper Networks.
What is the consensus analysts' recommendation for Juniper Networks?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Juniper Networks in the last year. There are currently 5 sell ratings, 13 hold ratings and 7 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. 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)
- 2. According to Zacks Investment Research, "Juniper continues to benefit from the growing demand for data center virtualization, cloud computing and optical convergence. The company is likely to profit from the higher spending pattern among carriers to upgrade their networks to support the incremental growth in data traffic. Strategic partnerships with various firms will enhance its networking technology ultimately helping service providers to transfer an enormous amount of data through different networks. These partnerships will further help Juniper to enhance its reach and expand the customer base. Management anticipates recording sequential growth in third-quarter 2018 with margin improvement, driven by steady demand patterns, higher volumes and cost structure efficiencies. However, the stock has underperformed the industry in the past year on an average. Uncertain global macro environment and anticipation of potentially weak investment patterns remain major headwinds for the company." (9/26/2018)
- 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)
Are investors shorting Juniper Networks?
Juniper Networks saw a decrease in short interest in the month of September. As of September 14th, there was short interest totalling 16,929,368 shares, a decrease of 9.9% from the August 31st total of 18,787,715 shares. Based on an average trading volume of 4,252,986 shares, the short-interest ratio is presently 4.0 days. Approximately 5.0% 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 HP (HPQ), 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), Echelon (ELON) 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. Anand Athreya, Exec. VP & Chief Devel. Officer (Age 55)
- Mr. Terrance F. Spidell, VP, Corp. Controller & Chief Accounting Officer (Age 49)
Who are Juniper Networks' major shareholders?
Juniper Networks' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.47%), Hexavest Inc. (0.36%), CHURCHILL MANAGEMENT Corp (0.17%), Gyroscope Capital Management Group LLC (0.08%), Horrell Capital Management Inc. (0.04%) and Northwest Bancshares Inc. (0.02%). 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 Horrell Capital Management Inc., Bank of Montreal Can and CHURCHILL MANAGEMENT Corp. 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?
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 $27.59.
How big of a company is Juniper Networks?
Juniper Networks has a market capitalization of $10.33 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 9,341 workers across the globe.
What is Juniper Networks' official website?
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.
