Juniper Networks, Inc. (NYSE:JNPR) stock is currently pricing at roughly $30.89. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 22 analysts covering the company at $31.00. That suggests shares of the stock may have another 0 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $37.00, which would imply another 80 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 6 “Buy” ratings in place. At the same time, 3 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 18 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Berenberg took a look at JNPR shares in a research note released on Apr 04, 2017, and issued a Buy rating to this company. Bernstein analysts provided their own take on company recently as well. In a research note published on Jan 09, 2017,the house assigned a Mkt Perform rating to this stock. According to a piece that hit the wires on Dec 08, 2016, researchers at Nomura reconsidered their prior rating on the stock, and upped it from Neutral Perform to Buy.
Juniper Networks, Inc. (JNPR) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 0.77 percent of the stock.
If we take a more granular look, Mr. William R. Hearst,III is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 854,919 shares, representing a total current market value of roughly $26408447.91. Mr. Rami Rahim is another major player among company insiders, currently holding 469,607 shares as of 0.12%, carrying a current market value of $14506160.23. Robyn M. Denholm is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 207,977 shares, valued at around $6424409.53 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-04-28, the company’s Director KRIENS SCOTT sold 1,000,000 company shares for 30090000. That means, once accounting for this transaction, the Director is left with a stake of 3,341,018 shares, carrying a current total market value of $103204046. In addition, by means of a transaction dated 2017-04-28, Director CALDERONI ROBERT sold 25,000 shares worth $752500. After that transaction, this investor is left with a total holding of 13,266 shares, representing a total investment value of $409786.74. We also noted a 2017-04-28 transaction in which JNPR Director JOHNSON MERCEDES sold 25,000 shares at a stock price of $30.2, carrying a total value of $755000, after which, this insider’s investment stands at 14,368 shares, with an overall financial value of $443828.
Juniper Networks, Inc. (NYSE:JNPR) Earnings View
In the company’s last quarter, JNPR EPS moved to $0.46 from $0.66 compared sequentially with the prior quarter. Revenues for the company came in at $1.22BM. This stacks up against $1.39BM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $0.42 per share on $1.2BM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $0.52 to $0.56. On a year-over-year basis, that compares with an EPS comp of $0.50.