Wall Street analysts expect that Juniper Networks, Inc. (NYSE:JNPR) will post earnings per share of $0.52 for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for Juniper Networks’ earnings. The highest EPS estimate is $0.54 and the lowest is $0.48. Juniper Networks posted earnings per share of $0.66 in the same quarter last year, which indicates a negative year over year growth rate of 21.2%. The company is scheduled to report its next quarterly earnings report after the market closes on Tuesday, January 30th.

On average, analysts expect that Juniper Networks will report full-year earnings of $2.10 per share for the current fiscal year, with EPS estimates ranging from $2.06 to $2.12. For the next financial year, analysts expect that the firm will report earnings of $2.14 per share, with EPS estimates ranging from $1.94 to $2.26. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that follow Juniper Networks.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). Juniper Networks had a return on equity of 13.81% and a net margin of 12.77%. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. Juniper Networks’s revenue was down 2.1% on a year-over-year basis.

A number of brokerages recently commented on JNPR. Raymond James Financial set a $31.00 target price on Juniper Networks and gave the company a “buy” rating in a research report on Thursday, December 7th. BidaskClub upgraded Juniper Networks from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Zacks Investment Research lowered Juniper Networks from a “hold” rating to a “sell” rating in a research report on Monday, October 16th. Bank of America lowered Juniper Networks from a “buy” rating to a “neutral” rating and dropped their target price for the company from $35.00 to $31.00 in a research report on Wednesday, October 11th. Finally, Nomura lowered Juniper Networks from a “buy” rating to a “neutral” rating and dropped their target price for the company from $33.00 to $27.00 in a research report on Thursday, October 12th. Five investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Juniper Networks presently has an average rating of “Hold” and an average price target of $28.96.

Shares of Juniper Networks (JNPR) opened at $28.76 on Friday. Juniper Networks has a 52 week low of $23.87 and a 52 week high of $30.96. The firm has a market capitalization of $10,930.00, a PE ratio of 17.22, a PEG ratio of 2.63 and a beta of 1.10. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.41.

The business also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 1st were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date was Thursday, November 30th. Juniper Networks’s payout ratio is presently 23.95%.

In related news, Director Rahul N. Merchant purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was bought at an average cost of $24.48 per share, with a total value of $48,960.00. Following the completion of the acquisition, the director now owns 22,543 shares of the company’s stock, valued at approximately $551,852.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rami Rahim sold 16,100 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $26.24, for a total value of $422,464.00. Following the transaction, the chief executive officer now directly owns 469,607 shares of the company’s stock, valued at $12,322,487.68. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.

Several hedge funds have recently made changes to their positions in JNPR. Neuberger Berman Group LLC raised its stake in shares of Juniper Networks by 134.3% during the 2nd quarter. Neuberger Berman Group LLC now owns 30,287 shares of the network equipment provider’s stock worth $844,000 after buying an additional 17,359 shares during the period. Principal Financial Group Inc. raised its stake in shares of Juniper Networks by 7.8% during the 2nd quarter. Principal Financial Group Inc. now owns 693,239 shares of the network equipment provider’s stock worth $19,328,000 after buying an additional 50,074 shares during the period. State of Tennessee Treasury Department raised its stake in shares of Juniper Networks by 0.3% during the 2nd quarter. State of Tennessee Treasury Department now owns 104,507 shares of the network equipment provider’s stock worth $2,914,000 after buying an additional 295 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Juniper Networks by 1.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 875,538 shares of the network equipment provider’s stock worth $24,411,000 after buying an additional 10,784 shares during the period. Finally, Schroder Investment Management Group acquired a new position in shares of Juniper Networks during the 2nd quarter worth approximately $7,088,000. 90.63% of the stock is owned by institutional investors and hedge funds.

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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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