Juniper Networks (JNPR) Expected to Announce Quarterly Earnings on Tuesday

Juniper Networks (NYSE:JNPR) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $1,383,125.73 billion for the quarter.

Juniper Networks Stock Performance

NYSE:JNPR opened at $38.67 on Tuesday. The stock has a 50-day moving average price of $37.37 and a 200 day moving average price of $38.11. The stock has a market capitalization of $12.80 billion, a P/E ratio of 50.88, a P/E/G ratio of 8.57 and a beta of 0.88. Juniper Networks has a 12-month low of $34.30 and a 12-month high of $39.79. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.35.

Juniper Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.28%. The ex-dividend date was Monday, December 2nd. Juniper Networks’s payout ratio is currently 115.79%.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. Barclays reduced their price target on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Rosenblatt Securities reiterated a “neutral” rating and issued a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $39.25.

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.