Among the bulls, even things that they didn't like were subsumed under the transformation the company's talking about. The share price of $32.82 is at a distance of 34.92 percent from its 52-week low and down 1.58 percent versus its peak.
The market cap of 162137.08 for Cisco Systems, Inc.in today's market indicated its current strength, making the company's shares a lucrative one. For stocks' current month, 16 analysts opted for BUY ratings as compared to 1 opting for SELL in the same period. Cisco Systems presently has a consensus rating of Buy and a consensus target price of $32.42. The stock has reached the $33.90 mark after a recent check. The stock has been active on the tape, now trading at $32.82, up from yesterday's close by 1.58%. The company has a 1 Year high price target of $33.26. (NASDAQ:CSCO) in which Stifel Nicolaus Assumes Cisco Systems, Inc.
CSCO reported second-quarter fiscal 2017 earnings (including stock-based compensation) of 53 cents per share, beating the Zacks Consensus Estimate by three cents. The Return on Equity (ROE) value stands at 17%.
Met revenue estimates. The company saw revenue figures of $11.6 billion, meeting our estimate of $11.6 billion. Earnings per share for the recently concluded quarter is expected to come in at $0.56 a share with $11.55B in revenue.
Cisco Systems, Inc.is now showing 0.4% EPS growth this year.
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Officials said they plan to use bags of rocks to plug the hole in the emergency spillway, but the situation is still precarious. Nine people and three dogs are now sharing her fiance's home in Foothills where she's riding out the evacuation order.
In late January, Cisco took another step into software with the surprise $3.7 billion acquisition of AppDynamics Inc., a maker of software to monitor the performance of business applications. (NASDAQ:CSCO)'s stock to Positive with no specific Price Target. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States & global copyright and trademark law. Eqis Capital Management Inc. boosted its position in Cisco Systems by 20.6% in the second quarter.
Cisco raised quarterly dividend by 3 cents to 29 cents per share, to be paid on April 26, 2017. The high end of the earnings forecast is $-0.53 per share and low end is $-0.7 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.53%. The brokerage now has an "outperform" rating on the stock. NASDAQ is measured to be 5.93% in conjunction with the 200-Day Simple Moving Average of 10.50%. Following the transaction, the senior vice president now directly owns 183,275 shares in the company, valued at $5,573,392.75. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. (NASDAQ:CSCO)-8 analysts issued Strong buy for the stock, 13 analysts have given a Buy rating, 13 think it's a HOLD, 1 reported it as Underperform, while 0 analyst issued a Sell rating.
Cisco's share price has very limited upside potential from here considering a muted outlook for the third quarter of FY2017.
The Relative Volume of the company is 1.81 and Average Volume (3 months) is 22.33 million. Plus, the 30 percent figure was not much of an improvement above the 28 percent in the previous quarter; that amount was a small gain from 25 percent in 2015. Finally, Price T Rowe Associates Inc. Community Bank N.A. now owns 143,075 shares of the network equipment provider's stock worth $4,104,000 after buying an additional 2,125 shares during the period.