Monitoring some price target data, we have noticed that shares of Juniper Networks, Inc. (NYSE:JNPR) currently have an average target of $27.04. This number is the consensus target price averaging estimates provided by analysts polled by Zacks Research. Sell-side analysts have various methods at their disposal for estimating stock price targets. Many investors will closely monitor stock target prices, especially when Street analysts change their view on a specific target price. Some investors may follow these sell-side targets very closely and use the provided information to assist with their own stock research.
Stock market investors typically have to deal with the risk element when making decisions about specific holdings. There will always be a trade-off between risk and reward, and this is quite evident in the equity market. In general, the more that someone is willing to risk, the higher the potential gains. Investors might need to be willing to identify their risk levels before attempting to jump into the fray. Some investors will choose to play it safe while others will opt to swing for the fences. Managing risk becomes increasingly more important when economic conditions are cloudy. Accumulating the most amount of understanding and relevant information about a company may be a good place to start. Studying a company’s position in the current market may help with understanding how the company has set themselves up for future growth.
We can now shift the focus to some company earnings data. Based on projections provided by 15 individual Wall Street analysts polled by Zacks Research, Juniper Networks, Inc. (NYSE:JNPR) has a current quarter EPS consensus estimate of 0.46. For the prior reporting period, the company posted quarterly earnings per share of 0.4. As earnings season continues, investors will be closely tracking analyst estimates. Sell-side analysts often make updates before and after the company reports earnings numbers. Following analyst estimate updates leading up to the earnings release may offer some good insight into the direction that the estimates are trending. Investors will be watching to see which companies post the largest earnings surprises this quarter.
Taking a look at the current consensus broker rating for Juniper Networks, Inc. (NYSE:JNPR), we note that the ABR is 3. This Zacks consensus rating follows a numerical scale where a number in the 1-2 range generally represents a Buy, a 3 would indicate a Hold and 4-5 signals a Sell rating. In terms of the number of bullish analysts that have the stock rated a Buy or Strong Buy, we can see that the number is currently 4.
Investors may be following some historical price data on shares of Juniper Networks, Inc. (NYSE:JNPR). Over the past 12 weeks, the stock has seen a change of -11.71%. If we go back to the beginning of the year, we can see that shares have changed -15.09%. Over the last 4 weeks, shares have seen a change of -15.53%. Over the last 5 trading sessions, the stock has moved -2.39%. Investors will be monitoring stock activity over the next few weeks to try and gauge which way the momentum is leaning. Checking on some possible support and resistance levels, we have noted that that the 52-week high is currently $30.67, and the 52-week low is currently $22.85. When shares are trading close to the 52-week high or 52-week low, investors might be paying added attention. Looking at some recent action, we note that the stock has been seen trading near the $22.85 mark.
As earnings season kicks into high gear, investors may be analyzing the numbers and trying to decide what to do next. Investors may be choosing to buy companies that have a proven track record of solid earnings growth. Other investors may be looking to spot the diamonds in the rough that haven’t necessarily broken out yet. It may be wise to research companies that continually string together superior quarters. One great quarter or one horrible quarter may not provide enough information to justify either a buy or a sell. Many investors will look deeper into the numbers for companies that produce much wider surprise factors than expected. This may occur on either end of the dial with a beat or a miss. Earnings reports also have the ability to cause severe stock price fluctuations. Some traders will look to catch some profits while others may stay on the bench until the dust has cleared.