Recent Research Analysts' Ratings Updates for Cisco Systems (CSCO)

Big Money Sentiment Indicator of Cisco Systems Inc (NASDAQ:CSCO) Improves in 2017 Q4 to 1.03

Hays Advisory Has Trimmed Cisco Systems (CSCO) Stake; DTF Tax-free Income (DTF) Has 0.82 Sentiment

Analysts were predicting 69 cents on revenue of $12.72 billion.

The Street was, on average, projecting revenue of $12.43 billion, and earnings per share of 65 cents, excluding some costs. The business is expected to report its next quarterly earnings report after the market closes on Wednesday, May 16th.

On average, analysts expect that Cisco Systems will report full-year sales of $49.15 billion for the current year, with estimates ranging from $48.91 billion to $49.42 billion.

A number of research analysts have recently commented on CSCO shares. Zacks Investment Research raised Cisco Systems from a "hold" rating to a "buy" rating and set a $50.00 price target for the company in a report on Wednesday, February 21st.

For more Cisco Systems, Inc. Gibraltar stated it has 3.04% in Cisco Systems, Inc. The business had revenue of $11.89 billion for the quarter, compared to the consensus estimate of $11.82 billion. During the same period in the prior year, the firm posted $0.57 earnings per share.

The San Jose, California-based American company recently completed the formalities for buying the AI-based relationship intelligence enterprise, "Accompany". Neumann Cap Limited Liability Co invested 0.4% of its capital in Cisco Systems, Inc. The company has an average rating of "Buy" and an average price target of $44.26. They may also be used to assist the trader figure out proper support and resistance levels for the stock. On Friday, December 15 Stifel Nicolaus maintained Cisco Systems, Inc. The stock has "Buy" rating by Cowen & Co on Thursday, November 16. Cisco repurchased roughly 140 million shares of common stock for an average price of $42.83 per share for an aggregate purchase price of $6.0 billion. Finally, Vetr cut Cisco Systems from a "buy" rating to a "hold" rating and set a $46.32 price target for the a research report on Wednesday, April 18th.

Total analysts of 23 have positions in Cisco Systems (NASDAQ:CSCO) as follows: 19 rated it a "Buy", 0 with "Sell" and 4 with "Hold".

"Big money sentiment for Cisco Systems Inc (NASDAQ:CSCO) in Q4 2017 increased to 1.03, revealed SEC filings". Closing price generally refers to the last price at which a stock trades during a regular trading session. Cisco Systems has a 12 month low of $30.36 and a 12 month high of $46.16. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.43 and a quick ratio of 2.38. The stock has a market capitalization of $220.16 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 3.26 and a beta of 1.14. Nordea Investment Management AB now owns 34,013,570 shares of the network equipment provider's stock worth $1,143,876,000 after purchasing an additional 2,617,310 shares during the last quarter. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

In other news, Director Arun Sarin sold 14,189 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $45.50, for a total value of $940,530.50. The disclosure for this sale can be found here. Overall the numbers were good, especially compared to last quarter's. During the quarter, revenue from Cisco's infrastructure platforms business inched up only 2 percent, to $7.2 billion. Bank of New York Mellon Corp now owns 122,958,272 shares of the network equipment provider's stock valued at $4,709,302,000 after acquiring an additional 13,927,416 shares during the last quarter. Beach Investment Management LLC. bought a new stake in shares of Cisco Systems during the second quarter worth $1,030,000. Boston Partners now owns 33,799,233 shares of the network equipment provider's stock worth $1,294,510,000 after purchasing an additional 3,397,848 shares during the last quarter.

"(Cisco) needs to continue to aggressively pursue acquisition while also showing that it is utilizing acquired technologies to advance its own portfolio and support growth", said CFRA Research analyst Keith Snyder. Finally, D.B. Root & Company LLC purchased a new position in Cisco Systems during the fourth quarter worth about $794,000. The fund owned 18,005 shares of the network equipment provider's stock after selling 29,332 shares during the quarter.

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