Juniper Networks, Inc. (NYSE:JNPR) registered a -3.79% decrease, still its new closing price is 26.95% up from the company’s 1 year high of 29.21.It posted -2.77% losses in previous 5 sessions and is now the subject of 22 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 3 buy or better ratings. The 32 stock analysts following this company have an average price target at $28.11, with individual PT in the $20.00-$36.00 range. The shares moved at $26.67, implying that brokerage firms see shares gaining about 20.72% in twelve months time.
Juniper Networks, Inc. (JNPR) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -5.63% fall year to date. A SVP General Counsel at Juniper Networks, Inc. (JNPR) offloaded shares in a transaction closed on Wednesday November 30, 2016. Martin Brian sold 23,588 shares in the company at $27.5 each and collected $648,001 in proceeds. Martin Brian now owns 0 shares in the company after this transaction. A EVP CTO in the company, SINDHU PRADEEP, disclosed a transaction on Monday November 21, 2016 that ended up generating $2,027,000 from the sale of 76,900 shares at $26.36 per share.
Juniper Networks, Inc. (NYSE:JNPR) Upcoming Results on Tap
Juniper Networks, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.42 in that period. Sales during the quarter are predicted to arrive at $1.2 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.39 billion in revenue and EPS of $0.66. The mean forecast was for $1.36 billion and $0.63 a share, respectively. One quarter earlier, revenue for the stock was at $1.29 billion, with earnings at $0.58/share.
Juniper Networks, Inc. (JNPR) Brokerage Update
Juniper Networks, Inc. (JNPR) is in Bernstein’s research list so their analyst rating change is noteworthy. These shares were downgraded to Mkt Perform from Outperform by Bernstein, according to news reported on Monday January 09, 2017.Another important research note was issued by Nomura on Thursday December 08, 2016.The firm upgraded JNPR to Buy from Neutral. Over the last six months and over the last three months, the shares of Juniper Networks, Inc. (JNPR), have changed 18.86% and 2.38%, respectively.