Analysts predict that Juniper Networks, Inc. (NYSE:JNPR) will announce earnings per share of $0.57 for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for Juniper Networks’ earnings, with the highest EPS estimate coming in at $0.59 and the lowest estimate coming in at $0.55. Juniper Networks reported earnings per share of $0.53 in the same quarter last year, which suggests a positive year over year growth rate of 7.5%. The company is scheduled to issue its next quarterly earnings results on Tuesday, January 29th.

According to Zacks, analysts expect that Juniper Networks will report full year earnings of $1.87 per share for the current financial year, with EPS estimates ranging from $1.85 to $1.90. For the next fiscal year, analysts forecast that the business will report earnings of $2.04 per share, with EPS estimates ranging from $1.95 to $2.17. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Juniper Networks.

Juniper Networks (NYSE:JNPR) last released its earnings results on Tuesday, October 23rd. The network equipment provider reported $0.54 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.10. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Juniper Networks had a net margin of 4.82% and a return on equity of 10.42%. The company’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share.

A number of brokerages recently commented on JNPR. JPMorgan Chase & Co. restated a “sell” rating on shares of Juniper Networks in a research note on Tuesday, September 18th. Nomura upgraded shares of Juniper Networks from a “neutral” rating to a “buy” rating and upped their price target for the company from $28.00 to $34.00 in a research note on Wednesday, September 19th. ValuEngine upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating in a research note on Saturday, September 22nd. TheStreet upgraded shares of Juniper Networks from a “c+” rating to a “b-” rating in a research note on Thursday, September 20th. Finally, UBS Group began coverage on shares of Juniper Networks in a research note on Wednesday, September 26th. They set a “neutral” rating and a $31.00 price target on the stock. Five analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $28.10.

JNPR traded up $0.03 during midday trading on Thursday, reaching $28.41. The company had a trading volume of 3,275,200 shares, compared to its average volume of 4,701,985. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 0.38. The stock has a market cap of $9.80 billion, a price-to-earnings ratio of 16.42, a PEG ratio of 3.89 and a beta of 0.84. Juniper Networks has a 12-month low of $23.61 and a 12-month high of $30.80.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 26th. Shareholders of record on Wednesday, December 5th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.53%. The ex-dividend date is Tuesday, December 4th. Juniper Networks’s dividend payout ratio is presently 41.62%.

In other Juniper Networks news, CEO Rami Rahim sold 5,400 shares of the stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $29.98, for a total value of $161,892.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Anand Athreya sold 113,039 shares of the stock in a transaction that occurred on Friday, November 2nd. The stock was sold at an average price of $29.70, for a total transaction of $3,357,258.30. The disclosure for this sale can be found here. Insiders sold a total of 133,839 shares of company stock worth $3,987,726 over the last quarter. Corporate insiders own 2.60% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Standard Life Aberdeen plc lifted its position in Juniper Networks by 1.1% during the second quarter. Standard Life Aberdeen plc now owns 1,053,238 shares of the network equipment provider’s stock worth $28,886,000 after buying an additional 11,802 shares during the period. Sei Investments Co. grew its position in Juniper Networks by 21.2% during the 2nd quarter. Sei Investments Co. now owns 173,669 shares of the network equipment provider’s stock worth $4,762,000 after acquiring an additional 30,361 shares during the last quarter. South Texas Money Management Ltd. bought a new stake in Juniper Networks during the 2nd quarter worth approximately $9,423,000. Raymond James Financial Services Advisors Inc. grew its position in Juniper Networks by 43.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 17,126 shares of the network equipment provider’s stock worth $470,000 after acquiring an additional 5,175 shares during the last quarter. Finally, Meeder Asset Management Inc. grew its position in Juniper Networks by 11.9% during the 3rd quarter. Meeder Asset Management Inc. now owns 120,310 shares of the network equipment provider’s stock worth $3,606,000 after acquiring an additional 12,779 shares during the last quarter. Institutional investors and hedge funds own 91.80% of the company’s stock.

About Juniper Networks

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers.

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