Today's Post-Market Laggard Is Juniper Networks (JNPR) - TheStreet

Trade-Ideas LLC identified

Juniper Networks

(

JNPR

) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Juniper Networks as such a stock due to the following factors:

  • JNPR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $161.2 million.
  • JNPR is down 5.8% today from today's close.

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More details on JNPR:

Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. The stock currently has a dividend yield of 1.5%. Currently there are 9 analysts that rate Juniper Networks a buy, no analysts rate it a sell, and 13 rate it a hold.

The average volume for Juniper Networks has been 5.8 million shares per day over the past 30 days. Juniper has a market cap of $10.1 billion and is part of the technology sector and computer hardware industry. The stock has a beta of 1.16 and a short float of 2.4% with 1.48 days to cover. Shares are down 3.4% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Juniper Networks as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 4.9%. Since the same quarter one year prior, revenues rose by 10.9%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Communications Equipment industry. The net income increased by 90.8% when compared to the same quarter one year prior, rising from $103.60 million to $197.70 million.
  • Net operating cash flow has significantly increased by 473.24% to $293.00 million when compared to the same quarter last year. In addition, JUNIPER NETWORKS INC has also vastly surpassed the industry average cash flow growth rate of 8.91%.
  • JUNIPER NETWORKS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, JUNIPER NETWORKS INC swung to a loss, reporting -$0.90 versus $0.86 in the prior year. This year, the market expects an improvement in earnings ($2.00 versus -$0.90).

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