Post-earnings, Cisco Systems, Inc. stock ranged between $24.09 and $24.97 after opening the day (02/11/2016) at $24.09. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and twenty-three have assigned a buy rating to the company's stock.
Struggling to find a way in profitable zone, the current EPS estimate trend for the next year first quarter was $0.58 while three months ago that trend was for $0.58. The growth estimate for the next five years is 9.16 percent (per annum). Cisco Systems, Inc.is expected to lift sales by 2.44% in next year to $49.47B. Orrstown Financial Services Inc. increased its position in Cisco Systems by 89.3% in the third quarter.
Here's how traders responded to CSCO earnings announcements over the past few quarters.
Revenues fell 2.9% from past year to $11.58 billion, but still topped analysts' $11.56 billion view. The stock is going forward to its 52-week's low with 42.87% and lagging behind from its 52-week's high price with -7.51%.
He's got a below-consensus estimate for $11.46 billion in revenue, and thinks the company may beat by a penny on the bottom line. The High end of the Estimate is $12.8 Billion, while the Low end of the Estimate is $11.86 Billion. The second quarter 2016 has a comparison nearly as challenging with 5 percent growth a year ago. Vetr downgraded Cisco Systems from a strong-buy rating to a buy rating and set a $34.10 price target on the stock.in a report on Tuesday, December 27th. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/02/14/j-p-marvel-investment-advisors-llc-has-7358000-position-in-cisco-systems-inc-csco.html. (NASDAQ:CSCO) at Last Earnings was $31.57 as compared to the previous closing price of $31.97. The 35 stock analysts following this company have an average price target at $33.26, with individual PT in the $25.00-$38.00 range.
Cisco Systems, Inc. (NASDAQ:CSCO) has a market capitalization of 160.48 Billion. The daily volume was measured at 31,463,500 shares. The company has volume of 25.92 Million shares. The company has PEG ratio of 1.67 and price to cash ratio of 2.26.
Cisco Systems Last issued its quarterly earnings results on Nov 16, 2016. The company's Relative strength index is 68.17. The 2 analysts gave Hold ratings in recent rating. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. Before Earnings Announcement on 08/17/2016, the firm had its stock price of $30.47. The mean price target is $37.48 (according to consensus of 17 analysts). Cisco Systems, Inc. NASDAQ has an Earning Per Share for the upcoming year at 20.90%. The stock tumbled -7.52 percent over the last 6 months. For the overall, consensus ratings were for Overweight. Pfizer Inc. (NYSE:PFE) has a Return on Assets of 0 percent, Return on Equity of 0 percent, while Return on Investment of 0 percent. Following Earnings result, share price were DOWN 16 times out of last 28 Qtrs. Cisco Systems, Inc. experienced its Day High at 1.52%, with its Day Low of 13.61%. Deferred revenue rose 13% to $17.1 billion, including a 19% increase in deferred product revenue.
The firm is trading with SMA20 of 4.74 Percent, SMA50 of 6.45 Percent and SMA200 of 8.95 percent.