It has a 30.55 P/E ratio. Emerging markets and service-provider spending remains subdued, and in the United Kingdom, the weakness of the pound versus the dollar is hurting sales, the company said.
Analysts on average have given a price target of $35.84 to Cisco Systems, Inc. Buy rating has been given by 6 analysts to the company stock whereas 2 analysts given UNDERPERFORM rating to stock and 20 analysts given HOLD rating. Therefore 61% are positive.
The P/E ratio of 17.62 for Cisco Systems, Inc., CSCO, provides an insight into the measurement sticks, which compares the company's valuations. He set a price target of 39, up from 32, on Cisco stock. Caprock has invested 0.8% in Cisco Systems, Inc. Seven Eight Capital LP bought a new position in Cisco Systems during the fourth quarter worth approximately $112,000. (NASDAQ:CSCO). Barometer Cap Management reported 0.06% stake. (NASDAQ:CSCO) earned "Buy" rating by Citigroup on Tuesday, August 9. As per Thursday, August 18, the company rating was maintained by KeyBanc Capital Markets. Suntrust Robinson initiated Cisco Systems, Inc. Finally, Norway Savings Bank acquired a new position in Cisco Systems during the fourth quarter valued at $136,000. Jolley Asset Lc reported 2.95% in Cisco Systems, Inc. (NASDAQ:CSCO) for 8.97M shares. The firm has "Hold" rating by Stifel Nicolaus given on Friday, November 18.
Since November 23, 2016, it had 1 buying transaction, and 8 sales for $20.52 million activity. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.
With Cisco's switching and routing businesses stagnating, the company is turning to software and services as its next great growth driver. The stock was last seen 2.33% higher, reaching at $34.23 on May 15, 2017. Along with the company's push toward software, this could help the Cisco gain market share going forward. The insider Dedicoat Chris sold $1.18M. 15,672 shares were sold by BHATT PRAT, worth $537,050 on Wednesday, March 15.
On 2/23/2017 Roderick C Mcgeary, Director, sold 10,000 with an average share price of $34.07 per share and the total transaction amounting to $340,700.00.
Investors sentiment decreased to 1.07 in Q4 2016. (CSCO) has weekly volatility of 1.14%% while its monthly volatility value is at 1.00%%. Cardinal Capital Management Inc.'s holdings in Cisco Systems were worth $14,911,000 at the end of the most recent reporting period. (NASDAQ:CSCO). Choate Investment Advsrs has invested 0% in Cisco Systems, Inc. (NASDAQ:CSCO) for 50,706 shares. On a non-GAAP basis, net income was $3.0 billion, an increase of 5%, and EPS was $0.60, an increase of 5%.More news: This week is Mental Health Awareness Week in the UK
Cisco Systems, Inc. (NASDAQ:CSCO) closed at $34.23 a share in the latest session and the stock value rose nearly 15.24% since the beginning of this year. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 1.8%. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 2.85M shares. Hollencrest Lc has 18,246 shares. It is negative, as 81 investors sold CSCO shares while 635 reduced holdings. (NASDAQ:CSCO). 175,046 were accumulated by Greenwood Gearhart.
02/16/2017 - Cisco Systems, Inc. had its " rating reiterated by analysts at Jefferies. Raymond James Financial, Inc. restated an outperform rating on shares of Cisco Systems in a report on Friday, February 17th. (NASDAQ:CSCO). Crawford Invest Counsel Incorporated reported 180,258 shares. Northwest Quadrant Wealth Management LLC now owns 10,795 shares of the network equipment provider's stock worth $370,000 after buying an additional 93 shares during the last quarter.
Cisco Systems shares were upgraded to "overweight" from "neutral" by Morgan Stanley, in response to a ransomware attack that's claimed victims in at least 150 countries.
Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, February 15th. They expect $0.53 earnings per share, up 6.00% or $0.03 from last year's $0.5 per share.
"We executed well in Q3, delivering $11.9 billion in total revenue, while driving solid profitability and cash generation as we deliver on our strategic priorities", says CFO Kelly Kramer.
Many analysts are providing their Estimated Earnings analysis for Cisco Systems, Inc. and for the current quarter 29 analysts have projected that the stock could give an Average Earnings estimate of $0.58/share. About shares traded. StealthGas Inc.