This company has been competing with others in the Technology space and offers its own combination of interesting factors Cisco Systems, Inc. Cisco Systems has a 12-month low of $25.65 and a 12-month high of $32.84. Revenue for the quarter ended January 28 fell 2% to $11.58 billion, but that beat expectations of $11.55 billion. Pacific Crest restated an “overweight” rating and set a $33.00 target price on shares of Cisco Systems in a report on Thursday, December 29th. (NASDAQ:CSCO) traded with the volume of 40.46 Million in the previous trading session. Cisco stated second quarter revenue of $11.6 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.3 billion or $0.47 per share, and non-GAAP net income of $2.9 billion or $0.57 per share.
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Cisco Systems, Inc (NASDAQ:CSCO) have shown a high EPS growth of 12.60% in the last 5 years and has earnings growth of -3.60% yoy. Similarly, the company has Return on Assets of 8.9 percent, Return on Equity of 17 percent and Return on Investment of 11.4 Percent. Robert W. Baird restated a “buy” rating on shares of Cisco Systems in a report on Wednesday, November 2nd. (NASDAQ:CSCO) recently. The rating firm gave a Neutral rating to this stock in a research note published on April 06, 2016. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty-one have assigned a buy rating to the company’s stock. The current share price indicate that stock is 2.31% away from its one year high and is moving 38.13% ahead of its 52-week low. The last stock close price is up 9.44% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time.
On Oct 16 Cisco Systems, Inc. The report will be for the fiscal Quarter ending Jan 2017. The CSCO ratings chart showed that 13 gave HOLD ratings for the current month as 3 analysts opting for Overweight option for same period, whereas, not a single analyst out of pool gave UNDERWEIGHT rating. During the same period in the previous year, the firm posted $0.57 EPS. Finally, Goldman Sachs Group, Inc. Hedge funds and other institutional investors own 75.24% of the company’s stock.
In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. This would allow the company to gain market share and make enterprise customers to spending more. Last month he announced the networking equipment company’s biggest purchase in five years with the $3.7bn acquisition of AppDynamics, whose software is used by businesses to monitor the performance of their digital applications and services.
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According to TipRanks, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Tim Long has a yearly average return of 9.3% and a 62% success rate. Beta value of the stock stands at 1.39. The company has Weekly Volatility of 31.01%% and Monthly Volatility of 18.25%%. (NASDAQ:CSCO) shares are now trading $2.91 off the 50-day moving average of $30.83 and $2.95 off of the 200-day moving average of $30.79. They will remain focused on accelerating innovation across their portfolio as they continue to deliver value to consumers and shareholders.
