Juniper Networks Inc (NYSE:JNPR): Positive Stock Sentiment

January 14, 2018 - By Nellie Frank

 Juniper Networks Inc (NYSE:JNPR): Positive Stock Sentiment

Sentiment for Juniper Networks Inc (NYSE:JNPR)

Juniper Networks Inc (NYSE:JNPR) institutional sentiment decreased to 1.33 in 2017 Q3. Its down -0.94, from 2.27 in 2017Q2. The ratio turned negative, as 226 hedge funds started new or increased positions, while 170 sold and reduced their holdings in Juniper Networks Inc. The hedge funds in our partner’s database now have: 330.80 million shares, down from 336.77 million shares in 2017Q2. Also, the number of hedge funds holding Juniper Networks Inc in their top 10 positions decreased from 2 to 1 for a decrease of 1. Sold All: 41 Reduced: 129 Increased: 177 New Position: 49.

Juniper Networks, Inc. designs, develops, and sells network services and products worldwide. The company has market cap of $10.83 billion. The firm 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 has a 17.3 P/E ratio. 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; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch.

The stock increased 0.45% or $0.13 during the last trading session, reaching $28.89. About 3.06 million shares traded. Juniper Networks, Inc. (NYSE:JNPR) has risen 32.01% since January 14, 2017 and is uptrending. It has outperformed by 15.31% the S&P500.

Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on January, 25. They expect $0.42 EPS, down 19.23 % or $0.10 from last year’s $0.52 per share. JNPR’s profit will be $157.47M for 17.20 P/E if the $0.42 EPS becomes a reality. After $0.47 actual EPS reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts -10.64 % negative EPS growth.

Fairpointe Capital Llc holds 3.33% of its portfolio in Juniper Networks, Inc. for 6.05 million shares. Goodman Financial Corp owns 204,605 shares or 2.78% of their US portfolio. Moreover, Sirios Capital Management L P has 2.7% invested in the company for 1.85 million shares. The Ohio-based Diamond Hill Capital Management Inc has invested 1.87% in the stock. Decatur Capital Management Inc., a Georgia-based fund reported 337,670 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $438,944 activity.

Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage

Ratings analysis reveals 27% of Juniper Networks Inc.’s analysts are positive. Out of 30 Wall Street analysts rating Juniper Networks Inc., 8 give it “Buy”, 3 “Sell” rating, while 19 recommend “Hold”. The lowest target is $20.0 while the high is $3800. The stock’s average target of $28.91 is 0.07% above today’s ($28.89) share price. JNPR was included in 83 notes of analysts from July 24, 2015. The stock has “Neutral” rating by Bank of America on Wednesday, October 25. Drexel Hamilton maintained Juniper Networks, Inc. (NYSE:JNPR) on Thursday, July 20 with “Buy” rating. Nomura maintained it with “Neutral” rating and $26 target in Wednesday, October 25 report. Jefferies maintained Juniper Networks, Inc. (NYSE:JNPR) on Wednesday, October 25 with “Hold” rating. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, October 25. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Hold” rating by KeyBanc Capital Markets on Thursday, September 21. Bernstein upgraded the shares of JNPR in report on Friday, January 29 to “Outperform” rating. The rating was initiated by Berenberg with “Buy” on Tuesday, April 4. The rating was maintained by UBS on Thursday, October 12 with “Neutral”. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Hold” rating by Piper Jaffray on Tuesday, July 25.

Another recent and important Juniper Networks, Inc. (NYSE:JNPR) news was published by Twst.com which published an article titled: “Juniper Networks Inc.: Juniper Networks Announces Date of Fourth Quarter and …” on December 27, 2017.

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