Juniper Networks Inc. (JNPR): Today's Featured Computer Hardware Loser
(
) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware loser. The industry as a whole closed the day down 2%. By the end of trading, Juniper Networks Inc fell 34 cents (-1.4%) to $24.47 on average volume. Throughout the day, 9.1 million shares of Juniper Networks Inc exchanged hands as compared to its average daily volume of 12 million shares. The stock ranged in price between $24.31-$25.12 after having opened the day at $24.63 as compared to the previous trading day's close of $24.81. Other company's within the Computer Hardware industry that declined today were:
(
), down 7.3%,
Network Equipment Technologies
(
), down 7.3%,
(
), down 6.7%, and
(
), down 6.7%.
Juniper Networks, Inc. designs, develops, and sells products and services that provide network infrastructure to create environments for the deployment of services and applications over a single network. Juniper Networks Inc has a market cap of $12.1 billion and is part of the
sector. The company has a P/E ratio of 20, below the average computer hardware industry P/E ratio of 23.7 and above the S&P 500 P/E ratio of 17.7. Shares are down 33.9% year to date as of the close of trading on Friday.
TheStreet Ratings rates Juniper as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself.
- You can view the full Juniper Ratings Report.
- Use our computer hardware section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer hardware industry could consider
iShares Dow Jones US Technology
(
) while those bearish on the computer hardware industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
null
