(NASDAQ:CSCO)’s earnings number, the brokerages have given quarterly EPS target of $0.59.
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Cisco Systems, Inc. (CSCO) recently recorded -0.26 percent change and now at $30.87 is 39.96 percent away from its 52-week low and down -1.22 percent versus its peak. The stock had a trading volume of 13.4 M shares. In the matter of earnings surprises, it can have a huge impact on a company’s stock price. Value investors believe in the notion that a stock’s current market value essentially doesn’t denote the company’s performance.
The company is trading above its 50-day moving averages of 29.98 and up from 200-day moving averages of 28.00.
Cisco Systems, Inc. (NASDAQ:CSCO) went down -0.26% during trading on 8/12/2016, hitting $30.99. Now the stock has been rated as “Buy” from 16 Analysts. The ex-dividend date of this dividend was Tuesday, July 5th. Its last finishing price was +4.91% up the SMA50 of $22.85 and +1.50% above from the SMA 200 of $23.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Given that the market finds high quality interesting, CSCO remains a head turner for investors as the tech giant is paying dividend, which serves as a bond substitute. The disclosure for this sale can be found here. 13 analysts have rated the company as a “Hold”. Cisco Systems makes up approx 1.58% of Puzo Michael J’s portfolio.Signature Financial Management boosted its stake in CSCO in the latest quarter, The investment management firm added 6 additional shares and now holds a total of 17,449 shares of Cisco Systems which is valued at $536,033. Drexel Hamilton reaffirmed a “buy” rating and set a $36.00 price objective (up from $34.00) on shares of Cisco Systems in a report on Saturday, May 14th. 2 analysts call it Overweight, while 0 think it is Underweight.
Some buy side analysts are also providing their Analysis on Cisco Systems, Inc., where 8 analysts have rated the stock as Strong buy, 14 analysts have given a Buy signal, 14 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell.
A look at performance overview of Cisco Systems, Inc. depicts that Performance (Week) is -0.55 percent while Performance Month is 3.73%.
On 8/15/2016 Juniper Networks, Inc. For the next 5 years, Cisco Systems, Inc.is expecting Growth of 9.25% per annum, whereas in the past 5 years the growth was 6.58% per annum. Parsec Financial Management Inc. now owns 653,349 shares of the network equipment provider’s stock worth $18,745,000 after buying an additional 3,183 shares during the period.
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Cisco Systems, Inc. closed its last trading session at $30.95 with the loss of -0.26%. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.
