JNPR Stock Overview
Juniper Networks, Inc. designs, develops, and sells network products and services worldwide.
Juniper Networks Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$27.82|
|52 Week High||US$38.14|
|52 Week Low||US$26.20|
|1 Month Change||-3.37%|
|3 Month Change||-9.00%|
|1 Year Change||-1.42%|
|3 Year Change||9.27%|
|5 Year Change||1.05%|
|Change since IPO||68.82%|
Recent News & Updates
Juniper Networks: A Dividend Growth Stock Not To Miss
Juniper Networks is benefiting from strong tailwinds in the form of the transition to 5G, cloud computing, and AI. It's demonstrating healthy revenue growth and this is expected to continue as it works its way through the record backlog. I also highlight the dividend, valuation, and other points worth considering. There are some industries that have oligopolies, like UPS (UPS) and FedEx (FDX), in which both companies are formidable players with sizeable market share. There are other industries that are led by one dominant company followed by a "second banana" of sorts. That was the case for many years with Intel (INTC) and Advanced Micro Devices (AMD), with the latter having been written off by the investment community for many, many years before AMD began to shine a few years ago. This brings me to the networking industry, which is led by Cisco (CSCO), a dominant force in the market, and Juniper Networks (JNPR) which has played second fiddle for many years. While I don't see JNPR disrupting networking what AMD did for semiconductors anytime soon, I do believe it offers compelling value at present for dividend growth investors, so let's get started. Why JNPR? Juniper Networks is a global networking products and services company that connects the way people work and live. It offers a high-performance network infrastructure that creates opportunities for service providers, enterprises, and governments worldwide. The company operates in Service Provider Routing, Enterprise Routing and Security, and Development and Services, and in the trailing 12 months, generated $4.9 billion in total revenue. Unlike Cisco, which posted flat YoY revenue growth in its latest reported quarter (Q3 FY22), Juniper is growing nicely, with 8% YoY revenue growth to $1.27 billion in the second quarter. This was driven by healthy demand signals, as the company continues to attract customers in its enterprise, cloud, and service provider markets with backlog orders sitting at a record level. This sets up Juniper for a strong revenue outlook as it works its way through customer orders, and this is reflected by the 6.3% sequential revenue growth to $1.35 billion that management has guided for in Q3. Also encouraging, Juniper is seeing higher profitability, with operating margin growing by 120 basis points on a YoY basis to 8.5%. The future for Juniper looks bright, as it has the scale to capitalize on the megatrend of helping customers transition to a secure and automated multi-cloud and AI-driven environments, as well as the global transition to 5G. This is reflected by its strong momentum in the service provider segment, with a recently secured 400 gig core win with one of the Tier 1 U.S. carriers. Moreover, Juniper is also making progress in large metropolitan markets where it recently introduced several new platforms to further its competitive position there. Management also highlighted its cloud/AI momentum during the recent conference call: Customer interest in our cloud-ready data center portfolio remains high and given the wins we've already secured, I am optimistic about our ability to capitalize on the attractive growth within this market over the next several years. Our AI-driven enterprise revenue continued to materially outpace the market, growing 17% year-over-year. This strength was led by our Mist-ified portfolio, which grew more than 60% year-over-year, achieving another record quarter for both Mist Wi-Fi and Mist-ified revenue. We are especially encouraged by the traction we're seeing with large customers across the globe with wins at a global financial bank, a global car manufacturer, and a global furniture retailer, each of which recently purchased a combination of AI-driven wireless, wired, security and/or SD WAN products from Juniper. To build on this AI-driven enterprise momentum we continue to deliver groundbreaking new products that optimize both end user and operator experiences such as a recently launched EX4100 family of access switches. Like the EX4400 family announced last year, these are truly enterprise grade access switches born in the cloud with native AIOps ensuring easy setup and management coupled with best-in-class scalability, security and performance.
Juniper Networks Q2 2022 Earnings Preview
Juniper Networks (NYSE:JNPR) is scheduled to announce Q2 earnings results on Tuesday, July 26th, after market close. EPS Estimate is $0.44 (+2.3% Y/Y) and the consensus Revenue Estimate is $1.26B (+7.7% Y/Y). has beaten EPS estimates 75% of the time and has beaten revenue estimates 88% of the time. upward revisions and 14 downward. Revenue estimates have seen 8 upward revisions and 4 downward.
|JNPR||US Communications||US Market|
Return vs Industry: JNPR exceeded the US Communications industry which returned -12.3% over the past year.
Return vs Market: JNPR exceeded the US Market which returned -13% over the past year.
|JNPR Average Weekly Movement||4.1%|
|Communications Industry Average Movement||8.3%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.2%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: JNPR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JNPR's weekly volatility (4%) has been stable over the past year.
About the Company
Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus environments; QFX series of core, spine, and top-of-rack data center switches; and juniper access points, which provide Wi-Fi access and performance.
Juniper Networks Fundamentals Summary
|JNPR fundamental statistics|
Is JNPR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JNPR income statement (TTM)|
|Cost of Revenue||US$2.14b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.21|
|Net Profit Margin||7.93%|
How did JNPR perform over the long term?See historical performance and comparison
3.0%Current Dividend Yield
Does JNPR pay a reliable dividends?See JNPR dividend history and benchmarks
|Juniper Networks dividend dates|
|Ex Dividend Date||Aug 31 2022|
|Dividend Pay Date||Sep 22 2022|
|Days until Ex dividend||21 days|
|Days until Dividend pay date||43 days|
Does JNPR pay a reliable dividends?See JNPR dividend history and benchmarks
Is JNPR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for JNPR?
Other financial metrics that can be useful for relative valuation.
|What is JNPR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does JNPR's PE Ratio compare to its peers?
|JNPR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
LITE Lumentum Holdings
JNPR Juniper Networks
Price-To-Earnings vs Peers: JNPR is good value based on its Price-To-Earnings Ratio (23x) compared to the peer average (30.8x).
Price to Earnings Ratio vs Industry
How does JNPR's PE Ratio compare vs other companies in the US Communications Industry?
Price-To-Earnings vs Industry: JNPR is expensive based on its Price-To-Earnings Ratio (23x) compared to the US Communications industry average (22.5x)
Price to Earnings Ratio vs Fair Ratio
What is JNPR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||23x|
|Fair PE Ratio||19.8x|
Price-To-Earnings vs Fair Ratio: JNPR is expensive based on its Price-To-Earnings Ratio (23x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).
Share Price vs Fair Value
What is the Fair Price of JNPR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: JNPR ($27.82) is trading below our estimate of fair value ($54.34)
Significantly Below Fair Value: JNPR is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Juniper Networks forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JNPR's forecast earnings growth (9.8% per year) is above the savings rate (1.9%).
Earnings vs Market: JNPR's earnings (9.8% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: JNPR's earnings are forecast to grow, but not significantly.
Revenue vs Market: JNPR's revenue (4.7% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: JNPR's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JNPR's Return on Equity is forecast to be low in 3 years time (15.7%).
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How has Juniper Networks performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JNPR has high quality earnings.
Growing Profit Margin: JNPR's current net profit margins (7.9%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: JNPR's earnings have declined by 12.1% per year over the past 5 years.
Accelerating Growth: JNPR's earnings growth over the past year (88.7%) exceeds its 5-year average (-12.1% per year).
Earnings vs Industry: JNPR earnings growth over the past year (88.7%) exceeded the Communications industry 42.1%.
Return on Equity
High ROE: JNPR's Return on Equity (9.2%) is considered low.
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How is Juniper Networks's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: JNPR's short term assets ($3.1B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: JNPR's short term assets ($3.1B) exceed its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: JNPR's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: JNPR's debt to equity ratio has reduced from 42% to 39.7% over the past 5 years.
Debt Coverage: JNPR's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: JNPR's interest payments on its debt are well covered by EBIT (12.4x coverage).
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What is Juniper Networks's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: JNPR's dividend (3.02%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: JNPR's dividend (3.02%) is low compared to the top 25% of dividend payers in the US market (4.08%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, JNPR has been paying a dividend for less than 10 years.
Growing Dividend: JNPR's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.6%), JNPR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (384.4%), JNPR's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rami Rahim (51 yo)
Mr. Rami Rahim has been the Chief Executive Officer of Juniper Networks, Inc. since November 2014. Mr. Rahim served as an Executive Vice President and General Manager of Platform Systems Division at Junipe...
CEO Compensation Analysis
Compensation vs Market: Rami's total compensation ($USD11.87M) is above average for companies of similar size in the US market ($USD8.25M).
Compensation vs Earnings: Rami's compensation has been consistent with company performance over the past year.
Experienced Management: JNPR's management team is considered experienced (2.9 years average tenure).
Experienced Board: JNPR's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Juniper Networks, Inc.'s employee growth, exchange listings and data sources
- Name: Juniper Networks, Inc.
- Ticker: JNPR
- Exchange: NYSE
- Founded: 1996
- Industry: Communications Equipment
- Sector: Tech
- Implied Market Cap: US$8.975b
- Shares outstanding: 322.61m
- Website: https://www.juniper.net
Number of Employees
- Juniper Networks, Inc.
- 1133 Innovation Way
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/09 00:00|
|End of Day Share Price||2022/08/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.