Equities research analysts predict that Juniper Networks, Inc. (NYSE:JNPR) will post $1.24 billion in sales for the current quarter, according to Zacks. Six analysts have provided estimates for Juniper Networks’ earnings, with the lowest sales estimate coming in at $1.23 billion and the highest estimate coming in at $1.25 billion. Juniper Networks reported sales of $1.39 billion in the same quarter last year, which indicates a negative year over year growth rate of 10.8%. The company is scheduled to issue its next quarterly earnings results on Thursday, January 25th.

On average, analysts expect that Juniper Networks will report full-year sales of $1.24 billion for the current year, with estimates ranging from $5.02 billion to $5.21 billion. For the next financial year, analysts forecast that the business will report sales of $5.08 billion per share, with estimates ranging from $4.95 billion to $5.32 billion. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Juniper Networks.

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

A number of research analysts have issued reports on JNPR shares. BMO Capital Markets restated a “buy” rating and issued a $34.00 target price on shares of Juniper Networks in a report on Wednesday, August 23rd. ValuEngine upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Raymond James Financial set a $31.00 target price on shares of Juniper Networks and gave the company a “buy” rating in a report on Thursday. Barclays cut their price objective on shares of Juniper Networks from $32.00 to $28.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 25th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a report 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 stock. The stock has a consensus rating of “Hold” and an average target price of $29.25.

Shares of Juniper Networks (NYSE JNPR) opened at $28.38 on Friday. The company has a market cap of $10,655.46, a PE ratio of 15.61, a P/E/G ratio of 2.64 and a beta of 1.10. Juniper Networks has a 12 month low of $23.87 and a 12 month high of $30.96. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.41.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, November 30th. Juniper Networks’s payout ratio is currently 23.26%.

In related news, Director Rahul N. Merchant purchased 2,000 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was acquired at an average price of $24.48 per share, with a total value of $48,960.00. Following the completion of the transaction, the director now owns 22,543 shares of the company’s stock, valued at $551,852.64. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Rami Rahim sold 16,100 shares of the firm’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 transaction of $422,464.00. Following the sale, the chief executive officer now directly owns 469,607 shares of the company’s stock, valued at approximately $12,322,487.68. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. acquired a new position in Juniper Networks in the third quarter worth $111,000. Creative Planning lifted its stake in Juniper Networks by 0.4% in the second quarter. Creative Planning now owns 4,696 shares of the network equipment provider’s stock valued at $131,000 after buying an additional 21 shares during the last quarter. Acrospire Investment Management LLC lifted its stake in Juniper Networks by 4.3% in the second quarter. Acrospire Investment Management LLC now owns 4,890 shares of the network equipment provider’s stock valued at $136,000 after buying an additional 201 shares during the last quarter. Stevens First Principles Investment Advisors lifted its stake in Juniper Networks by 40.9% in the third quarter. Stevens First Principles Investment Advisors now owns 7,045 shares of the network equipment provider’s stock valued at $196,000 after buying an additional 2,045 shares during the last quarter. Finally, Petrus Trust Company LTA bought a new stake in Juniper Networks in the second quarter valued at $204,000. 90.94% of the stock is owned by institutional investors and hedge funds.

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Juniper Networks Company Profile

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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