(NASDAQ:CSCO) earned "Buy" rating by Bernstein on Tuesday, September 1. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.53 earnings per share.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. This is an increase from Cisco Systems's previous quarterly dividend of $0.26. The number of shares now owned by investors are 5.01 bln. Latest closing price was -1.75% below its 50-day moving average and 5.98% above its 200-day moving average. Pacific Ridge Capital Partners Llc owns 200,906 shares or 1.24% of their U.S. portfolio. Moreover, Goldman issued Downgrade rating for the stock on 15-Jun-16. Price T Rowe Associates Inc. MD now owns 69,860,968 shares of the network equipment provider's stock worth $2,215,990,000 after buying an additional 3,555,286 shares during the last quarter. Finally, Edmond DE Rothschild Monaco purchased a new stake in shares of Cisco Systems during the third quarter valued at about $111,000. Northern Trust Corp now owns 66,252,626 shares of the network equipment provider's stock worth $2,101,533,000 after buying an additional 735,340 shares during the last quarter.
Among 31 analysts covering Cisco Systems Inc. (NASDAQ:CSCO) opened at 32.65 on Thursday. Trailing twelve month period, the firm has earnings per share (EPS) ratio of 1.94 and price-to-earnings (P/E) ratio was noted as 16.83 for same period.
Cisco Systems, Inc. (CSCO) is expected to post revenue of $11.56 Billion in the current quarter, according to consensus of 27 analysts.
In current time period from sell-side analysts, price to current year EPS stands at 20.90%, and moving forward with price to next year's EPS estimate is 4.84%. Moreover, Fishman Jay A Mi has 0% invested in Cisco Systems, Inc.
Rick Perry Orders A Review Of The US Power Grid
Last year marks the seventh consecutive year that NV Energy has surpassed the state's renewable energy mandate. Another roadblock is The Federal Energy Regulatory Commission, which oversees the national electricity grid .
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 26th. Shareholders of record on Thursday, April 6th will be given a $0.29 dividend. The ex-dividend date is Tuesday, April 4th. This is an increase from Cisco Systems's previous quarterly dividend of $0.26. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.55%. Cisco Systems's payout ratio is presently 49.52%.
TRADEMARK VIOLATION NOTICE: "Forbes J M & Co". Cisco Sys Inc now has $163.81B valuation.
WARNING: This article was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of USA & global copyright legislation.
Several equities analysts have commented on CSCO shares. During the same period in the previous year, the firm earned $0.57 EPS. Wells Fargo & Co reiterated an "outperform" rating on shares of Cisco Systems in a report on Thursday, December 29th.
Basically, a price target is an individual analyst's projection on the future price of a stock. William Blair reaffirmed an "outperform" rating on shares of Cisco Systems in a research report on Thursday, February 16th.
Cockroaches In PS4? Here's Why The Console Doubles As A Bug Hotel
Most consoles lie horizontally in dark or enclosed areas, like media centres, so they're pretty welcoming to the little critters. For $300, the Xbox One S only comes with a 500GB hard drive, but it includes a free game like Battlefield 1 or Gears of War 4 .
Now the P/E of Cisco Systems, Inc. stands at 16.8. The company has a 1 Year high price target of $35.39. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell".
The target price for Cisco Systems, Inc. The shares were acquired at an average cost of $33.92 per share, for a total transaction of $102,675.84. Following the sale, the senior vice president now directly owns 183,275 shares of the company's stock, valued at approximately $5,573,392.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Moreno Evelyn V accumulated 142,580 shares or 1.55% of the stock. The stock's average target of $17 is 34.18% above today's ($12.67) share price. Following the sale, the executive vice president now directly owns 229,344 shares in the company, valued at $7,825,217.28.
Sirius XM Holdings Inc.'s (SIRI) stock price showed strong performance of 0.20% in last seven days, switched down -4.52% in last thirty days and it rose 29.59% in last one year. The stock, after opening at $32.56, closed at $32.67 by scoring 0.18%.
Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world.
Ex-NFL Star Aaron Hernandez Hangs Self in Prison Cell
Thank you to the President for hosting this honorary celebration and for supporting our team for as long as I can remember. Hernandez was in the process of appealing the conviction, which came with a life sentence with no possibility of parole.
- 3 reasons the Rockets can beat the Warriors this postseason
- Jefferies & Co maintained Noble Corporation (NYSE:NE) as 'Buy' With 170 PT
- Cemex SAB de CV (CX) Stock Rating Upgraded by Morgan Stanley
- Twitch To Launch $9.99, $24.99 Subscription Tiers In Streamer Beta
- Starbucks calls shifting-color drink a "Unicorn Frappuccino"
- Fox News announces new primetime lineup after ousting Bill O'Reilly
- Fresno gunman laughed as he explained his actions
- Six dead as massive fire breaks out at LED factory in Noida
- The Egdon Resources Plc's (EDR) "Buy" Rating Reiterated at VSA Capital
- OAS chief condemns Venezuela as march unfolds