24.35 0.00 (0.00%)
After hours: 6:02PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.17 - 24.53|
|52 Week Range||23.61 - 30.96|
|PE Ratio (TTM)||30.44|
|Earnings Date||May 1, 2018|
|Forward Dividend & Yield||0.72 (2.90%)|
|1y Target Est||26.40|
Juniper Networks (JNPR) has returned -8.3% in the last 12 months, -3.4% in the last month, and 3% in the last five days. Juniper stock rose 44% in 2016 and 2.3% in 2017. Since the start of 2018, it’s fallen almost 11%. Peers Cisco (CSCO), Ericsson (ERIC), Palo Alto Networks (PANW), and Nokia (NOK) have returned 37%, 2%, 75%, and 11%, respectively, in the last 12 months.
Although Juniper Networks’ (JNPR) security business revenue fell ~13% YoY (year-over-year) in fiscal 2017, its revenue rose 8% in 4Q17. Juniper’s security revenue fell for several quarters prior to 4Q17 as the company struggled to compete with niche players such as Palo Alto Networks (PANW), FireEye (FEYE), and Fortinet (FTNT), and tech giants such as Cisco (CSCO). Last year, Juniper announced that it would revamp its security product portfolio to attract customers, and revenue growth in 4Q17 was driven by sales across financial services, telecom, and government verticals.
Taiwan Semiconductor (TSM) missed and warned today. They lowered 2Q revenue guidance to $7.8-$7.9 billion. The street was at $8.82 billion. They blamed it on smart phone slowing. Mizuho securities also warned today that Apple’s (AAPL) forward guide would have to come down as well.
Juniper Networks’ (JNPR) revenue fell 11% YoY (year-over-year) in 4Q17, primarily due to weakness in the company’s routing business and cloud vertical. Juniper has attributed this weakness to a shift to scale-out from scale-up architecture among cloud customers. Lower demand from cloud customers has meant that Juniper stock has fallen ~11% since October 2017, when the company announced its preliminary 3Q17 results, which were lower than analyst estimates.
Previously, we learned that analysts expect Juniper Networks’ (JNPR) (JNPR) revenue to fall ~14% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to fall ~43% in the quarter. Analysts expect Juniper’s revenue to fall 11.2% YoY to $1.16 billion in 2Q18 and 3.5% YoY to $1.21 billion in 3Q18, and to rise 3.4% YoY to $1.28 billion in 4Q18. This outlook reflects a revenue decline of 5.8% YoY to $4.7 billion in fiscal 2018. Analysts, however, expect Juniper’s revenue to rise 3.2% in fiscal 2019 to $4.9 billion.
Juniper was approximately three quarters — or halfway — into the process of migrating cloud routing sales from MX and modular PTX to new, lower-priced and fixed-configuration PTX products as of the end of the first quarter, Hall said in the downgrade note.
SUNNYVALE, Calif., April 17, 2018-- Juniper Networks, an industry leader in automated, scalable and secure networks, today announced the Company will present at the following investor conferences in May ...
Nokia (NOK) is expected to announce its 1Q18 results on April 26. Peers Cisco (CSCO), Ericsson (ERIC), and Juniper (JNPR) are set to announce their quarterly results on May 16, April 20, and May 1, respectively.
Cisco Systems (CSCO) has returned 29.0% in the last 12 months, -6.5% in the last month, and 3.0% in the last five days. Cisco Systems stock rose 15.0% in 2016 and increased ~31.0% in 2017. Since the start of 2018, it has risen almost 11.0% despite the tech sector sell-off in early February and since mid-March.
Analysts expect Cisco Systems’ revenues to rise 2.4% YoY (year-over-year) to ~$49.2 billion in fiscal 2018, up from $48.0 billion in fiscal 2017. Its revenues are expected to rise 2.9% YoY to ~$50.6 billion in fiscal 2019. Cisco Systems reported revenues of ~$47.1 billion in fiscal 2014, ~$49.2 billion in fiscal 2015, and ~$49.2 billion in fiscal 2016.
During the past few months, Cisco Systems, Inc. (NASDAQ:CSCO) certainly has been volatile, a has much of the tech sector. Just take a look at the charts for big-names like Facebook, Inc. (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN) and Oracle Corporation (NYSE:ORCL). Now it’s reasonable for investors to be skeptical about CSCO stock anyway.
This series will look at the strategic priorities of Cisco Systems and how the firm is looking to enhance customer value. Cisco Systems (CSCO) aims to provide a secure and intelligent platform for the digital transformation of enterprises. Cisco Systems also wants to deliver continuous customer value by reinventing the network, enabling a multi-cloud world, leveraging the potential of big data, and enhancing customer experience with a strong focus on network security.
SAN FRANCISCO, April 12, 2018-- Juniper Networks, an industry leader in automated, scalable and secure networks, today announced details regarding its upcoming presence at RSA, an annual conference where ...
Higher demand for security across various industries has allowed Fortinet (FTNT) to maintain strong revenue growth. The growing threat of cyberterrorism has prompted many financial institutions to install the company’s security products. Service revenue includes business from the FortiGuard security subscription and FortiCare technical support services, as well as professional and training services.
Ericsson (ERIC) is a major player in a mature industry. Ericsson’s revenue in fiscal 2013 was SEK 223.2 million. Revenue rose over 2% YoY (year-over-year) to 228 million Swedish kronor in fiscal 2017 and 8.3% to 247 million in fiscal 2015.
The European (EFA) communication equipment company Ericsson (ERIC) is expected to announce its 1Q18 results on April 20. Peers Cisco (CSCO), Nokia (NOK), and Juniper (JNPR) are announcing their quarterly results on May 16, April 26, and May 1, respectively.
Juniper Networks's (JNPR) unified cybersecurity solutions interoperate with existing devices in order to simplify security operations and mitigate operating risks.
SUNNYVALE, Calif., April 03, 2018-- Juniper Networks, an industry leader in automated, scalable and secure networks, today announced details of its participation in the 20 th MPLS+ SDN+ NFV World Congress ...
SUNNYVALE, Calif., April 03, 2018-- Juniper Networks, an industry leader in automated, scalable and secure networks, today announced new enhancements to its unified cybersecurity platform, empowering customers ...
Our valuation methodology suggests that Juniper Networks stock is worth $26, which is nearly 10% higher than the current market price. Our price estimate is based on a P/E multiple of around 13, slightly lower than the levels at which the stock has traded in recent years.
The “Fast Money Halftime Report” traders discuss Juniper Networks shares dipping on Goldman Sachs downgrading the stock to a "sell" rating.