Juniper Networks (JNPR) Projected to Post Earnings on Tuesday

Juniper Networks (NYSE:JNPR - Get Free Report) is projected to announce its Q4 2024 earnings results after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $1.39 billion for the quarter.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a return on equity of 7.41% and a net margin of 4.97%. On average, analysts expect Juniper Networks to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Juniper Networks Trading Up 1.2 %

Shares of NYSE:JNPR traded up $0.42 during midday trading on Wednesday, hitting $36.07. 6,319,409 shares of the stock were exchanged, compared to its average volume of 4,998,074. The business's 50-day moving average price is $37.30 and its 200 day moving average price is $38.02. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 47.46, a P/E/G ratio of 7.70 and a beta of 0.87. Juniper Networks has a 12 month low of $33.72 and a 12 month high of $39.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.30 and a current ratio of 1.72.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 3rd will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks's dividend payout ratio (DPR) is currently 102.33%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JNPR. StockNews.com raised Juniper Networks from a "hold" rating to a "buy" rating in a research report on Friday, January 31st. Rosenblatt Securities reaffirmed a "neutral" rating and set a $40.00 price objective on shares of Juniper Networks in a report on Friday, November 1st. Barclays boosted their target price on Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a research note on Wednesday. Finally, Evercore ISI upgraded shares of Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target for the company in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $39.80.

About Juniper Networks

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.