Published: Fri, February 17, 2017
Finance | By Laverne Griffith

Impact of Brokerage Rating on Cisco Systems, Inc.(CSCO)


Over the past five trading sessions it is -9.53%; -4.23% for the month; -10.94% for the last quarter; -20.81% for the past six-months; and 0.98% for the last 12 months. The company sees Q3 Adj. EPS of $0.57-$0.59 with sales down 2% to unchanged on a year over year basis. The company has a market cap of $162,188 million.

Cisco Systems, Inc. closed its last trading session at $32.31 with the gain of 1.58%.

Zacks Investment Research also rated the stock with a value of 1.8. The target price could hit $40 on the higher end and $22 on the lower end. Jefferies Group LLC reiterated an "in-line" rating and issued a $31.37 price objective (down previously from $35.00) on shares of Cisco Systems in a report on Tuesday, November 15th. The company's net income fell to $2.35 billion, or 47 cents per share, in the second quarter ended January 28 from $3.15 billion, or 62 cents per share, a year earlier.

Cisco also said its deferred revenues, an indicator of its move toward software, rose 13 percent from a year ago, to $17.1 billion.

For the third fiscal quarter, the technology firm expects revenue to be flat to down 2% year per year. (CSCO) announced it is expanding its Cisco Unified Computing System™ (Cisco UCS®) Solutions portfolio by offering Microsoft Azure Stack on Cisco® UCS via an integrated, validated system that enables organizations to deliver Microsoft Azure services from their on-premises data center.

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) is expected to report revenue of $13.13 Million for the current quarter, according to consensus estimate of 3 analysts.

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On the positive side, CSCO has increased its quarterly dividend by 3 cents to $0.29 per share.

A number of research analysts have recently issued reports on CSCO shares. (NASDAQ:CSCO) at Last Earnings was $31.57 as compared to the previous closing price of $31.97. The firm has a 50 day moving average price of $30.74 and a 200-day moving average price of $30.77. The ROA for Cisco Systems, Inc. tells us exactly what earnings were generated from the invested capital. Trust Department MB Financial Bank N A now owns 21,733 shares of the network equipment provider's stock worth $596,000 after buying an additional 4,371 shares during the period. Cisco Systems's payout ratio is presently 49.52%.

Most significant is the fact that Cisco bought AppDynamics a day before the company's IPO.

Barclays's Mark Moskowitz, who has an Overweight rating on the shares, and a $34 price target, thinks that the stock may trade sideways, but that you should "add or build positions in the stock if there is any near-term weakness". 1 of Wall Street analysts have an underperform rating; the 0 sells versus 10 buy or better ratings. (TWTR). The consensus rating is 3.1, suggesting the market has given up on the stock.

In other news, SVP Karen Walker sold 1,793 shares of the business's stock in a transaction that occurred on Friday, December 23rd. Following the sale, the senior vice president now owns 183,275 shares of the company's stock, valued at $5,573,392.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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