Examining Cisco Systems, Inc. (CSCO)'s track record of earnings

Muriel SparksFeb 16 , 2017

Many brokerage firms are involved in issuing their ratings on Cisco Systems, Inc. Recently the stock has been recommended as Buy from 16 and 1 suggested Sell for the stock.

Pfizer Inc. (NYSE:PFE), stock is trading $36.35 above the 52-week high and has displayed a high EPS growth of 1.78% in last 5 years. Orrstown Financial Services Inc. increased its position in Cisco Systems by 89.3% in the third quarter. The stocks have underperformed the S&P 500 by 0.2% during the past week but Cisco Systems, Inc. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

After Cisco delivered a "November rain" with its last earnings report that drove a sharp sell-off in the stock, the shares have regained all of this decline and we believe a testament to Cisco's rich dividend yield (i.e., 3.3%), attractive valuation (11.3x ex-cash), margin execution and the company's position as a beneficiary of potential revisions in repatriation policies. The High end of the Estimate is $12.8 Billion, while the Low end of the Estimate is $11.86 Billion. The companys revenue was down -2.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.59 EPS.

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Cisco Systems, Inc. (NASDAQ:CSCO) now has a consensus Price Target of $33.26.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cisco Systems was Resumed by Stifel on Nov 18, 2016 to Hold, Price Target of the shares are set at $34. The company has a market cap of $158.17 billion, a PE ratio of 15.08 and a beta of 1.36. During the trading on 02/13/2017, Company's stock ranged from $31.55 to $32.00. The stock exchanged hands with 31.46 million shares contrast to its average daily volume of 20.04 million shares. The stock stands almost -34.57% off versus the 52-week high and 20.32% away from the 52-week low.

The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. The stock retreated -0.79% the day following the earnings announcement, and on 7th day price change was 1.12%. The 2 analysts gave Hold ratings in recent rating. The mean price target is $37.48 (according to consensus of 17 analysts).

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Wells Fargo & Company reissued their outperform rating on shares of Cisco Systems, Inc. The Stock Closing Price on the 7th day of earnings was $28.42.

In related news, SVP Karen Walker sold 1,793 shares of the business's stock in a transaction on Friday, December 23rd. Overall the consensus ratings were for Overweight as compared to Overweight rating in last month, courtesy to WSJ.

Cisco Systems, Inc. closed its last trading session at $31.97 with the gain of 1.06%. As far as the returns are concern, the return on equity was recorded as 17.00% and return on investment was 11.40% while its return on asset stayed at 8.90%. This short term price target has been shared by 19 analysts. Cisco Systems, Inc. experienced its Day High at 1.52%, with its Day Low of 13.61%. The 0 number of analyst/s have SELL recommendation for current month on CSRA.

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