Juniper Networks (JNPR) has generated investor returns of -2.5% in the trailing-one-month period and 29.6% in the trailing-12-month period. The stock has risen 1% since the start of 2017 after generating returns of 25.5% in 2015 and 4.1% in 2016. Juniper’s share price has risen 2.3% on a trailing-five-day basis.
In comparison, Ericsson (ERIC), Nokia (NOK), and US-based (SPY) Cisco (CSCO), peer companies in the communications equipment subsector, generated returns of -36.0%, -28%, and 15.2%, respectively, in 2016.
On July 7, 2017, Juniper Networks closed the trading day at $28.45. Here’s how the stock fared in terms of its moving averages:
- 1% below its 100-day moving average of $28.71
- 3.2% below its 50-day moving average of $29.39
- 0.1% above its 20-day moving average of $28.42
MACD and RSI
Juniper has a MACD (moving average convergence divergence) score of -0.36. MACD is the difference between a firm’s short-term and long-term moving averages. A negative MACD figure indicates a falling trading trend.
The company’s 14-day relative strength index (or RSI) is 47, which shows the stock is entering oversold territory. Generally, if a stock’s RSI is above 70, it indicates that the stock is overbought. An RSI figure below 30 suggests that a stock is oversold.
How do analysts view Juniper Networks?
Of the 30 analysts covering Juniper Networks, nine have given it a “buy” recommendation, two have given it a “sell,” and 19 have given it a “hold.” Analysts’ target price for the company is $30.96, and their median target estimate is $31. Juniper Networks is trading at a discount of 9% to its median target price.