It’s been a bumpy ride for Juniper shareholders the past few months. With shares reaching under $19 in December after tumbling from nearly $25 per share in November, it looks like the manufacturer of networking hardware like high speed reliable switches, is now on the rise once again. Overall, Juniper predicted less than stellar quarterly returns and claims that a reduced demand for routers by service providers is to blame. While that may be the case, analysts are optimistic forecasting better results in the second quarter of 2012.
In 2010, the company reported $4.093 billion USD in revenue making it one of the industry leaders in networking hardware equipment. In 2011, it also received the Ethics Inside Certification from the Ethisphere Institute given to companies that exhibit high levels of corporate citizenship and social responsibility. Does anyone really care about that? Or do they just want to see the company turn a profit?
Recent trends suggest that people are caring more and more about patronizing companies that prove to be ethical, socially responsible, and green. That’s good news for Juniper’s future, even though it may not alter revenue right now, especially during the economic crisis. As the economy recovers, however, and businesses begin to pour more money into things like network enhancements, they will likely begin to become more picky about who they do business with. Juniper’s history of producing high quality, reliable, innovative hardware as well as its dedication to corporate citizenship may be what it needs to tackle some of the bigger competitors like Cisco. Either way, it will be good for Juniper’s stock.