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Current Analyst Rating: Cisco Systems, Inc. (NASDAQ:CSCO)

The corporation has a market capitalization of US$19.18 Billion. The 52-Week High confirms a value of -1.50% * with the 52-Week Low of 42.69% *. During its last trading session, Stock traded with the total exchanged volume of 14.05 million shares. The company has a consensus rating of “Buy” and an average target price of $31.82. Wilbanks Smith & Thomas Asset Management LLC now owns 33,298 shares of the network equipment provider’s stock worth $948,000 after buying an additional 211 shares during the last quarter.

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The simple 20 day moving average for Cisco Systems, Inc.is 4.85% and the simple 200-day moving average is at 15.75%. The current price escalated 17.76% from its SMA 50 of $6.12.

Present Consensus Recommendation for CISCO SYSTEMS, INC. Cisco Systems makes up approx 0.02% of Baldwin Brothers Incma’s portfolio.Maryland Capital Management boosted its stake in CSCO in the latest quarter, The investment management firm added 8,408 additional shares and now holds a total of 44,493 shares of Cisco Systems which is valued at $1,373,499. Cisco Systems makes up approx 0.41% of Landmark Financial Advisors’s portfolio.Pzena Investment Management reduced its stake in CSCO by selling 154,648 shares or 5.61% in the most recent quarter.

Presently, Analysts decided consensus EPS estimate of $0.59 for present quarter and one month ago projected EPS estimate was at $0.60. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $32.35 while the highest price target suggested by the analysts is $40.00 and low price target is $14.00.

Cisco Systems, Inc.’s P/E ratio now stands at 15.05, while the P/S ratio is at 3.25 and the potential growth rate of earnings per share this year is at 20.90%. “Outperform View” rating was revealed by 10 and “Underperform Signal” rating was issued by 1.

Cisco Systems, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. Average sales estimate is measured after the consensus analysis of 31 Analysts. Revenue of 12B was above the $11.97B analysts had expected. According to these analysts, the Low Revenue Estimate for Cisco Systems, Inc.is 12.24 Billion and the High Revenue Estimate is 12.51 Billion. The Hedge Fund company now holds 12,439 shares of CSCO which is valued at $382,624. The stock gained 9.64% the day following the earnings was released, and on 7th day price change was 17.55%. Analyst had a consensus of $0.60.

08/18/2016 – Cisco Systems, Inc. had its “overweight” rating reiterated by analysts at KeyBanc.

EPS growth in next year is estimated to reach 5.64% while EPS growth estimate for this year is set at 20.90%. The company added about 0.4 percent in value since last earnings when it was at $30.72. Higher EPS estimate is noted at $0.61 while lowest EPS estimate among analysts is targeted at $0.58.

While looking at the Stock’s Performance, Cisco Systems, Inc. now shows a Weekly Performance of 0.1%, where Monthly Performance is 1.71%, Quarterly performance is 8.98%, 6 Months performance is 17.05% and yearly performance percentage is 25.51%. These results showed an earnings surprise of 5.02% (Thomson Reuter’s data).

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Alton Brooks has wide experience of content writing.

Cisco Systems Inc