Shares of Juniper Networks, Inc. (NYSE:JNPR) recorded 1.39% gain during trading session on August 13th, 2019. The script traded as low as $25.05 and last traded at $25.46. 3.07 million shares changed exchanged hands during trading, an increase of 6.83% from the 30-day average session volume of 3.30M shares. The firm had previously closed at $25.11. The company has $349.50M outstanding shares, a price-to-earnings ratio of 18.02, price-to-earnings-growth ratio of 1.99and a beta of 0.96. The company has a RSI of 39.99, ATR of 0.58 and a volatility of 1.96% this week. JNPR has a 52 week low price of $24.51 and a 52 week high price of $30.80.
Investors have identified the tech company Juniper Networks, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 8.90B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Juniper Networks, Inc. (JNPR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For JNPR, the company has in raw cash 1.38 billion on their books with 207.5 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
JNPR were able to record 193 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 1.06 billion. In cash movements, the company had a total of 248.2 million as operating cash flow.
Potential earnings growth for Juniper Networks, Inc. (JNPR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Juniper Networks, Inc. recorded a total of 1.1 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -0.09% coming in sequential stages and their sales for the third quarter increasing by 0.09%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 465.7 million trying to sell their products during the last quarter, with the result yielding a gross income of 636.8 million. This allows shareholders to hold on to 349.50M with the revenue now reading 130 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.45 cents a share).
Is the stock of JNPR attractive?
Having a look at the company’s valuation, the company is expected to record 1.37 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JNPR sounds very interesting.
In related news, EVP CFO Miller Kenneth Bradley sold 7,000 shares of the company’s stock in a transaction that recorded on August 1st, 2019. The sale was performed at an average price of 27.02, for a total value of 189,106. As the sale deal closes, the Director Miller Kenneth Bradley now sold 2,500 shares of the company’s stock, valued at 67,650. Also, EVP CTO Koley Bikash sold 7,101 shares of the company’s stock in a deal that was recorded on July 30th, 2019. The shares were sold at an average price of 26.80 per share, with a total market value of 41,519. Following this completion of acquisition, the EVP Chief Product Officer now holds 9,000 shares of the company’s stock, valued at 241,200. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
2 out of 24 analysts covering the stock have rated it a Buy, while 14 have maintained a Hold recommendation on Juniper Networks, Inc. stock. 1 analysts has assigned a Sell rating on the JNPR stock. The 12-month mean consensus price target for the company’s shares has been set at $26.86.