Why Juniper Networks, Inc. (NYSE:JNPR) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $26.92 on Juniper Networks, Inc. (NYSE:JNPR) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.98 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Juniper Networks, Inc. (NYSE:JNPR) stands at 14.59.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Juniper Networks, Inc. Common S, the PEG ratio for coming 3-5 years is 0.92.

Technical Analysis

The technical analysis highlights that Juniper Networks, Inc. Common S current is trading $0.28 points away or +1.20% from its 50-day moving average of $23.19. Further it is trading $-0.17 or -0.73% away its 200-day moving average of $23.64.

The 52-week high of Juniper Networks, Inc. (NYSE:JNPR) was $32.39 while lowest point recorded in 52-week was $21.18. It implies if stock price makes a movement of over $-8.92, it will record a new 52-week high. In the case of +10.81% drop, it will touch a new 52-week low.

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