Brokerages forecast that Juniper Networks, Inc. (NYSE:JNPR) will report earnings of $0.52 per share for the current fiscal quarter, according to Zacks. Six analysts have made estimates for Juniper Networks’ earnings, with estimates ranging from $0.48 to $0.54. Juniper Networks reported earnings of $0.66 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 21.2%. The company is expected to report its next earnings results on Thursday, January 25th.

On average, analysts expect that Juniper Networks will report full year earnings of $2.10 per share for the current year, with EPS estimates ranging from $2.06 to $2.12. For the next year, analysts expect that the firm will report earnings of $2.16 per share, with EPS estimates ranging from $1.96 to $2.26. Zacks’ EPS calculations are an average based on a survey of analysts that cover Juniper Networks.

Juniper Networks (NYSE:JNPR) last released its earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.03). The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.26 billion. Juniper Networks had a return on equity of 13.81% and a net margin of 12.77%. The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period last year, the business earned $0.58 earnings per share.

A number of research analysts have commented on JNPR shares. Cowen and Company restated a “hold” rating and set a $28.00 price target on shares of Juniper Networks in a research note on Friday, October 27th. Instinet cut shares of Juniper Networks from a “buy” rating to a “neutral” rating in a research note on Thursday, October 12th. BidaskClub cut shares of Juniper Networks from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research cut shares of Juniper Networks from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. Finally, Raymond James Financial, Inc. reiterated an “outperform” rating and issued a $35.00 target price on shares of Juniper Networks in a research note on Thursday, October 12th. Five investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Juniper Networks presently has an average rating of “Hold” and an average target price of $29.42.

Shares of Juniper Networks (JNPR) traded up $0.67 on Monday, reaching $26.97. 6,868,467 shares of the company’s stock were exchanged, compared to its average volume of 4,986,741. The company has a market capitalization of $10,000.00, a PE ratio of 14.45, a price-to-earnings-growth ratio of 2.09 and a beta of 1.05. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.41. Juniper Networks has a 1 year low of $23.87 and a 1 year high of $30.96.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.48%. Juniper Networks’s payout ratio is 23.95%.

In related news, Director Rahul N. Merchant purchased 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average price of $24.48 per share, for a total transaction of $48,960.00. Following the purchase, the director now owns 22,543 shares in the company, valued at $551,852.64. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rami Rahim sold 16,000 shares of the company’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $27.43, for a total transaction of $438,880.00. Following the completion of the transaction, the chief executive officer now owns 469,607 shares in the company, valued at approximately $12,881,320.01. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,200 shares of company stock worth $1,296,861. 2.60% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in the business. Creative Planning grew its position in shares of Juniper Networks by 0.4% during the 2nd quarter. Creative Planning now owns 4,696 shares of the network equipment provider’s stock worth $131,000 after purchasing an additional 21 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of Juniper Networks by 0.3% during the 2nd quarter. D.A. Davidson & CO. now owns 8,348 shares of the network equipment provider’s stock worth $232,000 after purchasing an additional 24 shares in the last quarter. Contravisory Investment Management Inc. grew its position in shares of Juniper Networks by 0.6% during the 2nd quarter. Contravisory Investment Management Inc. now owns 9,629 shares of the network equipment provider’s stock worth $268,000 after purchasing an additional 60 shares in the last quarter. Cadence Capital Management LLC lifted its holdings in shares of Juniper Networks by 0.5% during the 2nd quarter. Cadence Capital Management LLC now owns 12,930 shares of the network equipment provider’s stock worth $360,000 after acquiring an additional 63 shares during the period. Finally, CIBC Asset Management Inc lifted its holdings in shares of Juniper Networks by 0.3% during the 2nd quarter. CIBC Asset Management Inc now owns 43,173 shares of the network equipment provider’s stock worth $1,204,000 after acquiring an additional 121 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

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About Juniper Networks

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

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