What Next for Juniper Networks, Inc. Stock After Today’s Bearish Options Activity?

 What Next for Juniper Networks, Inc. Stock After Today's Bearish Options Activity?

In today’s session Juniper Networks, Inc. (JNPR) recorded an unusually high (1,000) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the April, 2017 put, expecting serious JNPR decrease. With 1,000 contracts traded and 914 open interest for the Apr, 17 contract, it seems this is a quite bearish bet. The option with symbol: JNPR170421P00021000 closed last at: $1.35 or 2.3% up. About 1.86M shares traded hands. Juniper Networks, Inc. (NYSE:JNPR) has declined 12.16% since March 14, 2016 and is downtrending. It has underperformed by 17.77% 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 $157.59 million for 13.45 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. Juniper Networks Inc. has been the topic of 31 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Bernstein downgraded the stock to “Mkt Perform” rating in Tuesday, January 5 report. Oppenheimer maintained Juniper Networks, Inc. (NYSE:JNPR) on Saturday, September 5 with “Outperform” rating. The stock of Juniper Networks, Inc. (NYSE:JNPR) has “Outperform” rating given on Friday, January 29 by Bernstein. The company was initiated on Wednesday, October 14 by Barclays Capital. RBC Capital Markets maintained Juniper Networks, Inc. (NYSE:JNPR) rating on Tuesday, October 13. RBC Capital Markets has “Outperform” rating and $33 price target. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Buy” rating by UBS on Friday, July 24. The stock of Juniper Networks, Inc. (NYSE:JNPR) has “Neutral” rating given on Thursday, January 28 by M Partners. William Blair downgraded Juniper Networks, Inc. (NYSE:JNPR) on Monday, May 23 to “Market Perform” rating. The firm has “Neutral” rating given on Wednesday, July 27 by Citigroup. The firm has “Neutral” rating given on Friday, July 24 by M Partners.

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 Q2 2016. Its down 0.19, from 0.86 in 2016Q1. The ratio worsened, 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.
Ngam Advisors Lp holds 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 25,969 shares. Teachers Advisors holds 0.05% or 1.34 million shares in its portfolio. Ckw Financial has invested 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Public Sector Pension Investment Board has invested 0.02% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Sumitomo Mitsui Asset holds 0.02% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 25,762 shares. Cipher Capital Ltd Partnership holds 0.02% or 12,185 shares in its portfolio. Winton Capital Ltd has 0.19% invested in the company for 507,137 shares. Mycio Wealth Limited Liability Corp has invested 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Blackrock Japan has invested 0.03% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Cullen Frost Bankers Inc has 157,633 shares for 0.13% of their US portfolio. Magnetar Fincl Ltd Liability Corporation last reported 28,732 shares in the company. Moreover, Finemark Natl Bank And Trust has 0% invested in Juniper Networks, Inc. (NYSE:JNPR) for 268 shares. Capstone Investment Advsr Ltd Llc has invested 0.04% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Strs Ohio reported 59,493 shares or 0.01% of all its holdings. Pggm Invests accumulated 270,004 shares or 0.03% of the stock.

Insider Transactions: Since April 26, 2016, the stock had 0 insider buys, and 5 selling transactions for $17.97 million net activity. DENUCCIO KEVIN A also sold $234,325 worth of Juniper Networks, Inc. (NYSE:JNPR) shares. SPIDELL TERRANCE F also sold $3,283 worth of Juniper Networks, Inc. (NYSE:JNPR) on Wednesday, August 3. Shares for $17.60M were sold by KRIENS SCOTT on Tuesday, August 23.

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 $8.48 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 14.06 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.

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