Is Buying Stock Like Juniper Networks, Inc. Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like Juniper Networks, Inc. Good Idea After Today's Bullish Options Activity?

In today’s session Juniper Networks, Inc. (JNPR) registered an unusually high (1,575) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious JNPR increase. With 1,575 contracts traded and 19164 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: JNPR170120C00025000 closed last at: $1.68 or 31.2% up. About 1.51 million shares traded hands. Juniper Networks, Inc. (NYSE:JNPR) has declined 2.89% since March 4, 2016 and is downtrending. It has underperformed by 10.93% the S&P500.

Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on October, 27. They expect $0.42 earnings per share, down 12.50% or $0.06 from last year’s $0.48 per share. JNPR’s profit will be $158.84M for 14.73 P/E if the $0.42 EPS becomes a reality. After $0.39 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage

Out of 17 analysts covering Juniper Networks Inc. (NYSE:JNPR), 7 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 41% are positive. $36 is the highest target while $22 is the lowest. The $30.09 average target is 21.58% above today’s ($24.75) stock price. Juniper Networks Inc. has been the topic of 31 analyst reports since July 24, 2015 according to StockzIntelligence Inc. UBS maintained the stock with “Buy” rating in Friday, October 23 report. The rating was maintained by Cantor Fitzgerald with “Buy” on Friday, July 24. The stock has “Neutral” rating given by Citigroup on Tuesday, October 6. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Buy” rating by Standpoint Research on Monday, January 18. M Partners maintained it with “Neutral” rating and $27 target price in Thursday, January 28 report. The firm has “Outperform” rating given on Wednesday, January 20 by RBC Capital Markets. On Friday, January 15 the stock rating was upgraded by Standpoint Research to “Buy”. The firm has “Perform” rating given on Tuesday, January 5 by Oppenheimer. The firm has “Buy” rating by UBS given on Friday, July 24. The company was maintained on Friday, October 23 by Stifel Nicolaus.

According to Zacks Investment Research, “Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company delivers next generation Internet backbone routers that are specifically designed, or purpose-built, for service provider networks and offer our customers increased reliability, performance, scalability, interoperability and flexibility, and reduced complexity and cost compared to current alternatives.”

Insitutional Activity: The institutional sentiment decreased to 0.67 in 2016 Q2. Its down 0.19, from 0.86 in 2016Q1. The ratio turned negative, as 72 funds sold all Juniper Networks, Inc. shares owned while 159 reduced positions. 38 funds bought stakes while 116 increased positions. They now own 323.27 million shares or 6.47% less from 345.64 million shares in 2016Q1.
Arrow Financial, a New York-based fund reported 500 shares. Cibc Asset Inc holds 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 45,614 shares. Fmr Ltd Co, a Massachusetts-based fund reported 5.63 million shares. Bridgeway Management has 0.44% invested in the company for 1.27 million shares. Lsv Asset Mngmt accumulated 2.46M shares or 0.11% of the stock. Royal National Bank Of Canada last reported 548,029 shares in the company. Moreover, Stoneridge Inv Partners Limited Liability Corporation has 0.44% invested in Juniper Networks, Inc. (NYSE:JNPR) for 131,521 shares. Invesco Ltd last reported 13.82 million shares in the company. Affinity Inv Advisors Ltd Limited Liability Company, a California-based fund reported 233,736 shares. Bessemer has invested 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Ladenburg Thalmann Financial last reported 2,304 shares in the company. City Holdg has invested 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Boussard & Gavaudan Inv Management Ltd Liability Partnership has 1.12% invested in the company for 177,154 shares. Andra Ap has invested 0.07% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Independent Portfolio Consultants owns 1,525 shares or 0.01% of their US portfolio.

Insider Transactions: Since April 26, 2016, the stock had 0 buys, and 5 sales for $17.97 million net activity. SPIDELL TERRANCE F sold $60,196 worth of stock. KRIENS SCOTT sold $17.60M worth of stock or 750,000 shares. DENUCCIO KEVIN A had sold 10,000 shares worth $234,325 on Tuesday, August 16.

Juniper Networks, Inc. designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The company has a market cap of $9.36 billion. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa , and Asia Pacific (APAC). It has a 15.4 P/E ratio. It sells its high-performance network products and service offerings across routing, switching and security.

JNPR Company Profile

Juniper Networks, Inc. (Juniper Networks), incorporated on September 10, 1997, designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Firm sells its high-performance network products and service offerings across routing, switching and security. The Company’s products address network requirements for global service providers, cloud environments, enterprises, governments, and research and public sector organizations. In addition to its products, the Company offers its clients across the world services, including technical support, professional services, education and training programs.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment