For Immediate Release
Chicago, IL – June 13, 2012 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Juniper Networks (JNPR - Free Report) , Intel Corporation (INTC - Free Report) , Cisco Systems (CSCO - Free Report) , Hewlett-Packard Company (HPQ - Free Report) and Agrium Inc. .
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: https://at.zacks.com/?id=5513
Here are highlights from Tuesday’s Analyst Blog:
Juniper Offers Data Center Solutions
Sensing the improvement in demand in the data center segment, networking company Juniper Networks (JNPR - Free Report) has come up with new products to enhance the capabilities of mid-sized data center businesses.
The company has recently announced the launch of Juniper Networks QFX3000-M QFabric System, which helps clients explore the full benefits of the company's QFabric System. Juniper claims that the new version requires 63.0% less space. It will also save additional costs as it reduces cable consumption by 74.0% and power consumption by almost 54.0%.
The company also announced additions to its EX8200 switches portfolio, which is backed by Virtual Chassis technology and helps customers in managing up to four data center cores with a single switch.
New product and technology launches have always been a focus area for Juniper. Apart from traditional networking products and related services, the company is entering the security software segment to diversify its business model and add new revenue streams. The acquisition of Myconos Security is an indication of this strategy, as it will fight against hackers and help the company expand in the security segment.
In a report published by Intel Corporation (INTC - Free Report) -acquired IT security company McAfee, the company notes the growing adoption of virtualization, cloud computing technologies and flattened network architectures through next-generation data centers. The company continues to witness lower spending on in-house servers by mid-sized organizations. The company cites the improvement in demand for new services, budgetary constraints, and globalization as the chief factors influencing this.
Further, a survey conducted on 100,000 facilities by a data center dedicated website, datacenterdynamics.com, shows that data center usage is expected to be around 7% in 2012. Moreover, the website has also increased its investment projection from about $30 billion in 2010-11 to $35 billion in 2011-2012.
We believe this is good news for networking companies such as Juniper and Cisco Systems (CSCO - Free Report) , which are adopting necessary steps to seize this opportunity in the data center business.
Juniper’s considerable effort to increase its business volume notwithstanding, the company was able to post just mediocre first quarter results. This was mainly on account of strategic increases in its headcount. However, revenue improved in the EMEA and the Americas, and the company provided impressive second quarter guidance.
Although strategic alliances and new acquisitions are positives for Juniper, stiff competition from industry stalwarts like Cisco Systems Inc. and Hewlett-Packard Company (HPQ - Free Report) , coupled with high European exposure, remain headwinds.
Juniper has a Zacks #3 Rank, implying a short-term Hold rating.
Agrium Reveals First Half ’12 Outlook
Agrium Inc. announced its earnings outlook for the first half of 2012. The company expects its earnings for the period to be near or at the top end of its prior guidance range of $5.50 to $6.10 per share, as it benefits from strong global grain prices and tight demand-supply situation of nutrients in the international market.
The company expects second-quarter earnings from continuing operations to be near or at the top end of its previously released guidance range of $4.18 to $4.78 per share. The outlook does not include hedging gains or losses and share-based payments expenses.
The second-quarter 2012 guidance assumes higher nitrogen and potash prices, but lower phosphate prices compared to the same period last year. It has also taken lower wholesale fertilizer sales volumes and lower margins in North America into account.
Last week, Agrium more than doubled its dividend payment to 50 cents per share from 22.5 cents per share, reflecting its confidence in the future outlook. The company remains optimistic of attaining its future objectives as well as providing increased return to shareholders.
Last month, the company released its first-quarter 2012 results. The company’s earnings (excluding one-time items other than stock-based compensation expenses) of $1.03 per share exceeded the Zacks Consensus Estimate of $1.00 during the quarter. The reported earnings came in at 97 cents per share, down 11% from $1.09 in the year-ago quarter.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: https://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: https://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at https://at.zacks.com/?id=5518.
Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Zacks Investment Research
800-767-3771 ext. 9339