Why Cisco Earnings Aren't Good Enough For Investors

Posted May 18, 2017

(CSCO) are trading -0.87% downward from the 52-week high mark and 34.03% above from the fifty two-week low mark. Carroll Financial Associates Inc. now owns 63,831 shares of the network equipment provider's stock worth $2,157,000 after buying an additional 1,050 shares during the last quarter. The firm earned "Outperform" rating on Friday, November 13 by RBC Capital Markets. (NASDAQ:CSCO) rating on Friday, April 7. The firm has "Buy" rating given on Tuesday, September 1 by Bernstein. The stock has "Buy" rating by Wells Fargo on Wednesday, August 5. The stock has "Buy" rating by Drexel Hamilton on Thursday, August 18.

Analysts await Becton Dickinson and Co (NYSE:BDX) to report earnings on August, 3. The rating was upgraded by OTR Global on Thursday, February 2 to "Positive". (NASDAQ:CSCO) has "Equal Weight" rating given on Monday, August 17 by Morgan Stanley.

Deutsche Bank upgraded SBUX stock to "buy" from "hold" and raised its price target to $69 from $59, saying it was encouraged by "longer-term investments, structural and strategic moves". Suntrust Robinson has "Buy" rating and $32 target.

Since November 23, 2016, it had 1 buy, and 8 selling transactions for $20.52 million activity. CHAMBERS JOHN T also sold $10.07 million worth of Cisco Systems, Inc. Future earnings predictions are perhaps the most essential input when trying to value a company. On Thursday, February 23 the insider SARIN ARUN sold $472,436. BHATT PRAT sold $537,050 worth of stock. WEST STEVEN M bought $102,679 worth of stock. The shares were sold at an average price of $34.07, for a total value of $340,700.00.

Investors sentiment decreased to 1.07 in Q4 2016.

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The Stock has Weekly volatility of 1.14% and monthly volatility of 1.00%. 117 funds opened positions while 651 raised stakes. Van Cleef Asset Managementinc has invested 0.63% in Cisco Systems, Inc.

Volatility of the shares is also to be considered while making the investment decisions. Inv Counselors Of Maryland reported 22,232 shares or 0.04% of all its holdings. The Heritage Investors Management Corp holds 717,798 shares with $21.69M value, down from 728,758 last quarter. Etrade Cap Lc reported 163,214 shares. Fulton Bank & Trust Na invested in 57,610 shares or 0.15% of the stock.

02/16/2017 - Cisco Systems, Inc. had its " rating reiterated by analysts at Needham & Company. (NASDAQ:CSCO) was sold by MCGEARY RODERICK C on Thursday, February 23.

Annual Dividend Yield of Cisco Systems, Inc. Texas-based Shamrock Asset Limited Liability Corp has invested 0% in Cisco Systems, Inc. (NASDAQ:CSCO). Blackrock Institutional Trust Na reported 138.99M shares. (NASDAQ:CSCO) by 3.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Revenues of $11.94 billion topped forecasts of $11.89 billion in sales. CSCO's profit will be $2.64 billion for 16.20 P/E if the $0.53 EPS becomes a reality.

The networking giant said that it had $0.60 in earnings per share (EPS) and $11.9 billion in revenue, which compares with consensus estimates from Thomson Reuters that called for $0.58 in EPS and $11.9 billion in revenue. About 346 shares traded.

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A recently released independent IDC customer survey* of 300 survey respondents presently using SAP or planning to in the next 24 months, found that Cisco® UCS is the leading platform for SAP HANA deployments, in addition to the leading storage infrastructure vendor for SAP HANA, with 20.4 percent vendor share in both categories.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world.

Cisco Systems, Inc. (CSCO) has a market capitalization of 172.69 Billion while its Major Index membership is at DJIA S&P500.

Revenues declined by 1%, with Asia dropping by 2% and the Americas, Europe, Middle East and Africa flat.

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