Analysts Recommendations: Cisco Systems, Inc. (NASDAQ:CSCO)
- Author: Todd Kelly Feb 16, 2017,
Feb 16, 2017, 0:34
Cisco Systems, Inc.'s target price was set to 33.26 with an IPO date at 3/26/1990. (NASDAQ:CSCO) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. OTR Global raised Cisco Systems from a "mixed" rating to a "positive" rating in a report on Thursday, February 2nd. (CSCO), have changed 5.32% and 4.01%, respectively. While it's Return on Investment (ROI) value is 11.4%. It has beaten earnings-per-share estimates 75% of the time in its last 12 earnings reports. Cisco Systems, Inc. got Downgrade on 15-Jun-16 where investment firm Goldman Downgrade the stock from Buy to Neutral.
In related news, SVP Karen Walker sold 1,793 shares of Cisco Systems stock in a transaction on Friday, December 23rd. The stock next year first quarter current estimate trend for EPS was for $0.48 and on annual basis FY 2016 estimate trends at current was for $2.02 as compared to one month ago of $2.03, and for next year per share earnings estimates have $2.06. Breton Hill Capital Ltd. increased its position in shares of Cisco Systems by 53.7% in the second quarter. The stock appeared $31.69 above its 52-week highs and is up 0.61% for the last five trades. Finally, Parkwood LLC raised its stake in Cisco Systems by 17.8% in the second quarter. Banced Corp now owns 20,250 shares of the network equipment provider's stock valued at $531,000 after buying an additional 5,099 shares during the period.
A number of analysts offered their Estimated Earnings analysis for Cisco Systems, Inc. (NASDAQ:CSCO) opened at 31.51 on Monday.
Cisco Systems, Inc. (NASDAQ:CSCO) has a market capitalization of 160.48 Billion. Cisco reported adjusted profits of 57 cents per share or $2.9 billion and $11.58 billion in revenue for the most recently completed quarter. Latest closing price was 5.50% above its 50-day moving average and 7.88% above its 200-day moving average.
Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 16th. The difference between the actual and expected EPS is $0.02 a share with a surprise factor of 3.4%. Cisco Systems had a return on equity of 17.50% and a net margin of 21.73%. "For F3Q17, we forecast revenue and EPS of $11.8B/$0.55 versus consensus of $11.8B/$0.58", the analyst added.
"Piedmont Investment Advisors LLC Acquires Shares of 1,041,006 Cisco Systems, Inc". Investors of record on Friday, January 6th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.44%. Cisco Systems's payout ratio is 49.52%. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and worldwide trademark & copyright legislation. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of United States & worldwide copyright and trademark law. The original version of this article can be read at https://baseballnewssource.com/markets/cisco-systems-inc-csco-stake-decreased-by-bainco-international-investors/433876.html.
Cisco Systems, Inc. (NASDAQ:CSCO) closed up +0.34 points or 1.06% at $32.31 with 31.44 mln shares exchanging hands. Raymond James Maintains the company's stock to Outperform on 9/23/16 by setting a price target of $34. Recently the stock has been recommended as Buy from 16 and 1 suggested Sell for the stock. The shares were sold at an average price of $30.41, for a total value of $54,525.13. The share price is now up 4.01% for the past three months. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The company invests in corporate and mortgage-related fixed income instruments, CLOs, Non-Agency RMBS, CMBS and residential whole loans primarily in the United States and Europe.
By region, sales in the Americas were down 3%, EMEA was flat, and APJC was down 3%.