JNPR Stock Summary and Trading Ideas (Juniper Networks | NYSE:JNPR)

Juniper Networks Inc is engaged in designing, developing, and selling products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses while achieving agility and improved operating efficiency through automation. The company's high-performance network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies. In addition to the company's products, the company offers its customers a variety of services, including maintenance and support, professional services, Software-as-a-Service ("SaaS"), and education and training programs.

Juniper Networks trades on the NYSE stock market under the symbol JNPR.

As of April 18, 2024, JNPR stock price declined to $36.16 with 4,972,972 million shares trading.

JNPR has a beta of 0.67, meaning it tends to be less sensitive to market movements. JNPR has a correlation of 0.06 to the broad based SPY ETF.

JNPR has a market cap of $11.73 billion. This is considered a Large Cap stock.

Last quarter Juniper Networks reported $1 billion in Revenue and $.61 earnings per share. This fell short of revenue expectation by $-45 million and missed earnings estimates by -$.03.

In the last 3 years, JNPR stock traded as high as $38.14 and as low as $24.87.

The top ETF exchange traded funds that JNPR belongs to (by Net Assets): VTI, VB, VOO, VBR, SPY.

JNPR has underperformed the market in the last year with a return of +10.3%, while the SPY ETF gained +22.3%. In the last 3 month period, JNPR fell short of the market, returning -2.3%, while SPY returned +6.1%. However, in the most recent 2 weeks JNPR has outperformed the stock market by returning -2.4%, while SPY returned -3.8%.

JNPR support price is $36.33 and resistance is $36.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JNPR stock will trade within this expected range on the day.