Wall Street analysts expect Juniper Networks, Inc. (NYSE:JNPR) to announce $1.23 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Juniper Networks’ earnings, with the highest sales estimate coming in at $1.25 billion and the lowest estimate coming in at $1.21 billion. Juniper Networks reported sales of $1.39 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 11.5%. The company is scheduled to issue its next earnings results after the market closes on Tuesday, January 30th.

On average, analysts expect that Juniper Networks will report full-year sales of $1.23 billion for the current financial year, with estimates ranging from $4.99 billion to $5.04 billion. For the next fiscal year, analysts anticipate that the company will post sales of $5.02 billion per share, with estimates ranging from $4.85 billion to $5.10 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Juniper Networks.

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

Several analysts have weighed in on JNPR shares. BidaskClub raised shares of Juniper Networks from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. Citigroup decreased their price objective on shares of Juniper Networks from $28.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 25th. Nomura cut shares of Juniper Networks from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $33.00 to $27.00 in a research note on Thursday, October 12th. Zacks Investment Research cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, Bank of America decreased their price objective on shares of Juniper Networks from $31.00 to $30.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 18th. Five investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.96.

In other Juniper Networks news, Director Rahul N. Merchant acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average cost of $24.48 per share, for a total transaction of $48,960.00. Following the completion of the acquisition, the director now directly owns 22,543 shares of the company’s stock, valued at approximately $551,852.64. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rami Rahim sold 5,400 shares of the stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $26.35, for a total transaction of $142,290.00. Following the completion of the transaction, the chief executive officer now owns 469,607 shares in the company, valued at $12,374,144.45. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in JNPR. Fuller & Thaler Asset Management Inc. acquired a new position in Juniper Networks in the third quarter valued at approximately $111,000. Acrospire Investment Management LLC lifted its holdings 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 period. Stevens First Principles Investment Advisors lifted its holdings 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 period. Petrus Trust Company LTA acquired a new position in Juniper Networks in the second quarter valued at approximately $204,000. Finally, Intact Investment Management Inc. acquired a new position in Juniper Networks in the third quarter valued at approximately $217,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Shares of Juniper Networks (JNPR) traded up $0.13 during trading on Friday, reaching $28.89. 3,057,774 shares of the company’s stock traded hands, compared to its average volume of 2,829,774. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.70 and a quick ratio of 2.70. The company has a market capitalization of $10,831.67, a PE ratio of 16.80, a price-to-earnings-growth ratio of 2.66 and a beta of 1.10. Juniper Networks has a 1 year low of $23.87 and a 1 year high of $30.96.

The business also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.38%. Juniper Networks’s payout ratio is 23.26%.

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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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