Juniper Networks (JNPR) to Release Earnings on Thursday

Juniper Networks (NYSE:JNPR - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.47 per share for the quarter.

Juniper Networks (NYSE:JNPR - Get Free Report) last posted its earnings results on Thursday, July 25th. The network equipment provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.13). The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.25 billion. Juniper Networks had a return on equity of 8.02% and a net margin of 4.58%. The company's quarterly revenue was down 16.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.42 earnings per share. 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 Stock Down 0.0 %

Juniper Networks stock traded down $0.01 during mid-day trading on Thursday, hitting $39.16. 3,017,102 shares of the company's stock were exchanged, compared to its average volume of 3,562,192. The company has a current ratio of 1.69, a quick ratio of 1.23 and a debt-to-equity ratio of 0.36. The stock has a market cap of $12.73 billion, a P/E ratio of 56.77, a P/E/G ratio of 11.26 and a beta of 0.93. Juniper Networks has a 1-year low of $24.87 and a 1-year high of $39.79. The stock has a 50 day moving average of $38.85 and a two-hundred day moving average of $37.08.

Analyst Ratings Changes

JNPR has been the topic of several analyst reports. Barclays lowered their target price on shares of Juniper Networks from $41.00 to $40.00 and set an "equal weight" rating on the stock in a research report on Friday, July 26th. StockNews.com initiated coverage on shares of Juniper Networks in a research report on Monday, September 16th. They set a "hold" rating on the stock. Citigroup reissued a "neutral" rating and set a $40.00 target price on shares of Juniper Networks in a research report on Monday, September 23rd. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Juniper Networks in a research report on Friday, July 26th. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $37.63.

Juniper Networks Company Profile

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.