Juniper Networks Inc (NYSE: JNPR) on Friday, plunged -4.95% from the previous trading day, before settling in for the closing price of $38.41. Within the past 52 weeks, JNPR’s price has moved between $25.83 and $39.79.
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A company in the Technology sector has jumped its sales by 3.82% annually for the last half of the decade. The company achieved an average annual earnings per share of -27.45%. With a float of $327.03 million, this company’s outstanding shares have now reached $331.09 million.
In an organization with 11144 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 58.6%, operating margin of 5.83%, and the pretax margin is 4.67%.
Juniper Networks Inc (JNPR) Insider and Institutional Ownership
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Juniper Networks Inc is 1.35%, while institutional ownership is 85.63%. The most recent insider transaction that took place on Jul 02 ’24, was worth 1,466,980. In this transaction EVP CFO of this company sold 40,000 shares at a rate of $36.67, taking the stock ownership to the 84,776 shares. Before that another transaction happened on Jul 01 ’24, when Company’s EVP CFO sold 40,000 for $36.50, making the entire transaction worth $1,460,084. This insider now owns 124,776 shares in total.
Juniper Networks Inc (JNPR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -27.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -9.86% drop over the previous five years of trading.
Juniper Networks Inc (NYSE: JNPR) Trading Performance Indicators
Juniper Networks Inc (JNPR) is currently performing well based on its current performance indicators. A quick ratio of 1.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.28. Likewise, its price to free cash flow for the trailing twelve months is 29.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.76, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 1.94 in one year’s time.
Technical Analysis of Juniper Networks Inc (JNPR)
Let’s dig in a bit further. During the last 5-days, its volume was 8.17 million. That was better than the volume of 3.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.54%. Additionally, its Average True Range was 0.43.
During the past 100 days, Juniper Networks Inc’s (JNPR) raw stochastic average was set at 20.19%, which indicates a significant increase from 12.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.77% in the past 14 days, which was higher than the 10.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.82, while its 200-day Moving Average is $37.22. However, in the short run, Juniper Networks Inc’s stock first resistance to watch stands at $37.94. Second resistance stands at $39.38. The third major resistance level sits at $40.31. If the price goes on to break the first support level at $35.58, it is likely to go to the next support level at $34.65. The third support level lies at $33.21 if the price breaches the second support level.
Juniper Networks Inc (NYSE: JNPR) Key Stats
Market capitalization of the company is 11.49 billion based on 331,089K outstanding shares. Right now, sales total 5,565 M and income totals 310,200 K. The company made 1,331 M in profit during its latest quarter, and 92,600 K in sales during its previous quarter.
