Wall Street brokerages expect Juniper Networks, Inc. (NYSE:JNPR) to post earnings per share (EPS) of $0.21 for the current quarter, according to Zacks Investment Research. Eight analysts have issued estimates for Juniper Networks’ earnings. The lowest EPS estimate is $0.19 and the highest is $0.23. Juniper Networks posted earnings per share of $0.28 in the same quarter last year, which indicates a negative year over year growth rate of 25%. The business is expected to report its next earnings results after the market closes on Thursday, April 25th.

According to Zacks, analysts expect that Juniper Networks will report full-year earnings of $1.79 per share for the current year, with EPS estimates ranging from $1.70 to $1.90. For the next financial year, analysts expect that the company will report earnings of $2.01 per share, with EPS estimates ranging from $1.80 to $2.20. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Juniper Networks.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings results on Tuesday, January 29th. The network equipment provider reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.02. Juniper Networks had a net margin of 12.20% and a return on equity of 10.47%. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.22 billion.

Several brokerages have commented on JNPR. Zacks Investment Research raised shares of Juniper Networks from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research report on Wednesday, January 23rd. Royal Bank of Canada decreased their target price on Juniper Networks to $26.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 30th. JPMorgan Chase & Co. decreased their price objective on Juniper Networks from $26.00 to $24.00 and set an “underweight” rating for the company in a report on Wednesday, January 30th. ValuEngine downgraded Juniper Networks from a “buy” rating to a “hold” rating in a report on Wednesday, January 30th. Finally, Credit Suisse Group set a $21.00 price objective on Juniper Networks and gave the company a “sell” rating in a report on Wednesday, January 16th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $28.15.

NYSE:JNPR traded up $0.12 during trading hours on Tuesday, reaching $28.01. The company had a trading volume of 3,035,519 shares, compared to its average volume of 2,646,811. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 0.37. Juniper Networks has a twelve month low of $24.03 and a twelve month high of $30.80. The stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 2.90 and a beta of 0.84.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were paid a $0.19 dividend. This is a positive change from Juniper Networks’s previous quarterly dividend of $0.18. This represents a $0.76 annualized dividend and a yield of 2.71%. The ex-dividend date was Thursday, February 28th. Juniper Networks’s dividend payout ratio is presently 55.88%.

In related news, EVP Bikash Koley sold 2,232 shares of the business’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $27.05, for a total value of $60,375.60. Following the transaction, the executive vice president now owns 56,739 shares in the company, valued at $1,534,789.95. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Rami Rahim sold 10,700 shares of the company’s stock in a transaction that occurred on Wednesday, February 6th. The shares were sold at an average price of $26.08, for a total value of $279,056.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,033 shares of company stock valued at $698,957. 1.10% of the stock is owned by company insiders.

Institutional investors have recently made changes to their positions in the company. Covington Capital Management bought a new stake in Juniper Networks in the 4th quarter valued at $31,000. Bremer Trust National Association acquired a new position in Juniper Networks in the fourth quarter valued at approximately $41,000. Financial Gravity Companies Inc. acquired a new position in shares of Juniper Networks during the 4th quarter worth approximately $47,000. CKW Financial Group raised its stake in shares of Juniper Networks by 33.3% during the 4th quarter. CKW Financial Group now owns 2,000 shares of the network equipment provider’s stock worth $54,000 after buying an additional 500 shares during the period. Finally, Atlas Capital Advisors LLC acquired a new position in shares of Juniper Networks during the 4th quarter worth approximately $65,000. Institutional investors and hedge funds own 90.58% of the company’s stock.

Juniper Networks Company Profile

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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Earnings History and Estimates for Juniper Networks (NYSE:JNPR)

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