Juniper Networks - Value Alert
Texas (September 25, 2013) Wax Ink has issued a No Investment Interest opinion for Juniper Networks (Nasdaq: JNPR) based on a recent baseline equity review which placed fair value between $24-$29.
No investment interest means that the current risk reward ratio is neither favorable or unfavorable for investment interest at this time.
The recent close of $20.20 is approximately 39% above the fair value buy target for the stock and approximately 33% below the fair value close target for the stock. The recent close is also 8% below analysts’ twelve-month $22.00 median price target for the stock.
The recent close represents an 11% increase in the one year price of the stock, while year-over-year sales decreased 2%, year-over-year earnings decreased 37%, and year-over-year debt increased 14%.
The stock currently has a trailing twelve-month PE Ratio of 28, and a PEG Ratio of 2.2 basis estimated forward earnings growth of 12.5%.
In the past 52 weeks, share prices have moved between a high of $22.98 and a low of $15.62, placing equilibrium at $20.28.
With the recent close, the stock is trading 14% below the 52 week high, 23% above the 52 week low, and 0.5% below equilibrium.
The three-month average daily trading volume for the stock is approximately 5.1 million shares.
Juniper Networks designs, develops, and sells products and services that provide network infrastructure for networking requirements of service providers, enterprises, governments, and research and public sector organizations worldwide.
The company's listed competitors include Alcatel-Lucent, Cisco Systems,and Huawei Investment Holding Company.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012.
All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
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