On January 13, 2014, Paul Singer of Elliott Management announced that Juniper Networks, Inc is significantly undervalued and has expressed its views to the Company's Board of Directors in a presentation that was sent to the Board of Directors. In the presentation, Elliott Management stated that the Company should implement the following initiatives: i)Cost Realignment: $200 million run-rate reduction in operating expenses; ii) Capital Return: $3.5 billion share repurchase program comprised of an immediate $2.5 billion stock repurchase, a $1 billion repurchase in 2015 and an ongoing commitment to return 50% of free cash flow; iii) Product Portfolio Optimization: Review of the security and switching businesses to streamline Company's product portfolio.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
37.31 USD | +0.08% |
|
+0.95% | +26.49% |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+26.49% | 12.12B | |
-3.83% | 191B | |
+43.99% | 112B | |
+71.63% | 75.11B | |
+26.14% | 66.06B | |
+34.62% | 33.37B | |
+75.71% | 22.39B | |
+12.69% | 22.26B | |
+5.70% | 17.55B | |
+23.28% | 10.5B |
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