Juniper Networks Inc [JNPR] Stock trading around $38.95 per share: What’s Next?

Juniper Networks Inc [NYSE: JNPR] price plunged by -0.23 percent to reach at -$0.09.

The one-year JNPR stock forecast points to a potential upside of 2.62. The average equity rating for JNPR stock is currently 2.93, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Juniper Networks Inc [JNPR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JNPR shares is $40.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JNPR stock is a recommendation set at 2.93. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Juniper Networks Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 24, 2024. The new note on the price target was released on June 18, 2024, representing the official price target for Juniper Networks Inc stock. Previously, the target price had yet another drop from $32 to $29, while JP Morgan kept a Neutral rating on JNPR stock. On July 24, 2023, analysts decreased their price target for JNPR shares from 38 to 37.

The Average True Range (ATR) for Juniper Networks Inc is set at 0.18, with the Price to Sales ratio for JNPR stock in the period of the last 12 months amounting to 2.51. The Price to Book ratio for the last quarter was 2.81, with the Price to Cash per share for the same quarter was set at 3.45. Price to Free Cash Flow for JNPR in the course of the last twelve months was 24.59 with Quick ratio for the last quarter at 1.23.

JNPR Stock Performance Analysis:

Juniper Networks Inc [JNPR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.56. With this latest performance, JNPR shares gained by 0.18% in over the last four-week period, additionally plugging by 11.64% over the last 6 months – not to mention a rise of 47.43% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JNPR stock in for the last two-week period is set at 49.32, with the RSI for the last a single of trading hit 42.05, and the three-weeks RSI is set at 53.60 for Juniper Networks Inc [JNPR]. The present Moving Average for the last 50 days of trading for this stock 38.86, while it was recorded at 39.05 for the last single week of trading, and 37.14 for the last 200 days.

Insight into Juniper Networks Inc Fundamentals:

Juniper Networks Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.23 and a Current Ratio set at 1.69.

JNPR Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JNPR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Juniper Networks Inc go to 18.00%.

Juniper Networks Inc [JNPR] Institutonal Ownership Details

There are presently around $82.24%, or 83.28%% of JNPR stock, in the hands of institutional investors. The top three institutional holders of JNPR stocks are: VANGUARD GROUP INC with ownership of 41.45 million shares, which is approximately 12.8474%. BLACKROCK INC., holding 34.32 million shares of the stock with an approximate value of $$1.25 billion in JNPR stocks shares; and BLACKROCK INC., currently with $$1.25 billion in JNPR stock with ownership which is approximately 10.6053%.

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