Juniper Networks (NYSE:JNPR) Raised to Strong-Buy at StockNews.com

Juniper Networks (NYSE:JNPR) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Tuesday.

JNPR has been the subject of a number of other reports. Argus lowered shares of Juniper Networks from a “buy” rating to a “hold” rating in a research note on Friday, February 7th. Evercore ISI upgraded Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price for the company in a research report on Tuesday, February 4th. Barclays lifted their price target on Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 5th. Finally, Rosenblatt Securities reissued a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Friday, November 1st. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $39.80.

Juniper Networks Trading Down 0.4 %

NYSE JNPR opened at $36.03 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. Juniper Networks has a one year low of $33.72 and a one year high of $39.79. The company has a 50-day simple moving average of $37.25 and a 200-day simple moving average of $37.92. The firm has a market capitalization of $11.93 billion, a PE ratio of 41.89, a price-to-earnings-growth ratio of 2.23 and a beta of 0.87.

Juniper Networks (NYSE:JNPR) last posted its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. On average, equities analysts forecast that Juniper Networks will post 1.33 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Sather Financial Group Inc increased its holdings in Juniper Networks by 17.6% in the 3rd quarter. Sather Financial Group Inc now owns 259,786 shares of the network equipment provider’s stock valued at $10,126,000 after buying an additional 38,936 shares during the period. Principal Financial Group Inc. boosted its position in shares of Juniper Networks by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock valued at $17,406,000 after acquiring an additional 21,651 shares in the last quarter. Pacer Advisors Inc. increased its stake in Juniper Networks by 25.5% in the fourth quarter. Pacer Advisors Inc. now owns 37,696 shares of the network equipment provider’s stock valued at $1,412,000 after acquiring an additional 7,668 shares during the period. Charles Schwab Investment Management Inc. raised its position in Juniper Networks by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,957,317 shares of the network equipment provider’s stock worth $115,276,000 after purchasing an additional 33,016 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Juniper Networks during the fourth quarter worth about $1,374,000. Institutional investors and hedge funds own 91.95% of the company’s stock.

Juniper Networks Company Profile

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.