Can Cisco Systems, Inc. (CSCO) Shock Analysts Again?

Stocks: Stocks: Cisco Systems, Inc. (CSCO) Trading Down 7.2% Following Analyst Downgrade
Cisco Systems to further lay off 1100 employees
Author

25 May, 2017

Insiders own 0.11% of the company's stock.

Cisco Systems (NASDAQ:CSCO) traded up 0.429% on Monday, reaching $31.625. (NASDAQ:CSCO) has risen 13.20% since May 25, 2016 and is uptrending. It has underperformed by 3.50% the S&P500. Annual EPS Growth of past 5 years is 12.60%. Independent Research has "Buy" rating and €115 target. Bank of America downgraded the stock to "Neutral" rating in Tuesday, April 5 report. (NASDAQ:CSCO). Hikari Pwr Ltd reported 235,100 shares. The rating was maintained by JP Morgan with "Neutral" on Thursday, May 19. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, November 13 report.

Now the shares of Cisco Systems, Inc. Stock has got OUTPERFORM rating from 1 analyst of Thomson Reuters, 4 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. Therefore 61% are positive. Robert W. Baird reiterated a "buy" rating on shares of Cisco Systems in a research report on Thursday, May 18th. The stock has "Buy" rating by Stifel Nicolaus on Monday, February 8. The firm has "Buy" rating by Deutsche Bank given on Thursday, August 18. Finally, Pacific Crest restated an "overweight" rating and set a $33.00 target price (down from $34.00) on shares of Cisco Systems in a research report on Friday, May 19th. The firm has "Buy" rating by Wells Fargo given on Wednesday, August 5. The firm has "Buy" rating given on Tuesday, August 4 by Zacks. "(CSCO)" was first reported by Chaffey Breeze and is the property of of Chaffey Breeze. Looking at this figure it suggests that the shares of Cisco Systems, Inc. Azimuth Capital Management Llc acquired 10,443 shares as Cisco Systems Inc (CSCO)'s stock declined 7.50%. Hollencrest Securities Lc has 18,246 shares. Old Second Bank & Trust Of Aurora holds 1.25% of its portfolio in Cisco Systems, Inc.

Gross profit margin for the first quarter of fiscal 2017 decreased to 28.5 percent compared to 29.0 percent in the first quarter of fiscal 2016. The stock now has Monthly Volatility of 0.98% and Weekly Volatility of 1.20%. It turned negative, as 81 investors sold CSCO shares while 635 reduced holdings. 117 funds opened positions while 651 raised stakes. Bank & Trust invested in 2.09% or 156,510 shares. Covington Capital Mngmt, California-based fund reported 262,769 shares. Bluecrest Cap Management Limited owns 0.25% invested in Cisco Systems, Inc. (NASDAQ:CSCO) or 1.74 million shares. Finally, Norway Savings Bank bought a new position in shares of Cisco Systems during the fourth quarter valued at about $136,000. (NASDAQ:CSCO) for 200 shares. Waddell Reed Fincl accumulated 708,812 shares. (NASDAQ:CSCO). Scott And Selber invested in 60,852 shares or 1.18% of the stock. Cls Invs Limited Com has 0% invested in Cisco Systems, Inc. It also increased its holding in Unilever Plc New Adr (NYSE:UL) by 8,330 shares in the quarter, for a total of 44,815 shares, and has risen its stake in Illumina (NASDAQ:ILMN). Whittier Tru Of Nevada reported 198,181 shares. During the same period in the prior year, the business posted $0.57 EPS. Blue Chip Ptnrs Incorporated has invested 2.13% in Cisco Systems, Inc. (NASDAQ:CSCO) for 2.40 million shares. The stock of Cisco Systems, Inc.

Since November 23, 2016, it had 1 buying transaction, and 7 insider sales for $13.09 million activity. $54,525 worth of stock was sold by Walker Karen on Friday, December 23.

In other news, SVP Prat Bhatt sold 15,672 shares of Cisco Systems stock in a transaction dated Wednesday, March 15th.

In other news, EVP Chris Dedicoat sold 34,597 shares of the firm's stock in a transaction dated Friday, February 24th. MCGEARY RODERICK C sold $340,700 worth of stock. SARIN ARUN had sold 13,869 shares worth $472,436. 13,869 shares were sold by SARIN ARUN, worth $472,436.

The number of shares traded in the last trading session was 23.46 Million. 3,027 shares were bought by WEST STEVEN M, worth $102,679 on Wednesday, February 22. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC). It has a 18.23 P/E ratio. Each market includes wholesale, retail and e-commerce business activities relating to the distribution and sale of products of the adidas and Reebok brands to retail clients and end consumers.

About 9,216 shares traded. It has underperformed by 62.29% the S&P500. Its down 0.15, from 0.91 in 2016Q3. 55 funds opened positions while 124 raised stakes. Nicholas Inc Wi owns 2.60M shares. Maryland Capital Management holds 0.27% or 58,739 shares. Jennison Assocs Ltd Limited Liability Company accumulated 947 shares. 177,575 are owned by Northpointe Capital Limited Com. Minneapolis Portfolio Mgmt Gp Limited Liability Co has 1.25 million shares for 6.55% of their portfolio. Prentiss Smith And reported 183,963 shares. Usca Ria Limited Liability stated it has 1.48% in Cisco Systems, Inc. Sun Life Fin has invested 0% of its portfolio in adidas AG (ETR:ADS). The Delaware-based Blackrock Advisors Llc has invested 0% in the stock. (NASDAQ:CSCO). Dreman Value Management L L C reported 72,816 shares or 1.23% of all its holdings. Gm Advisory holds 20,377 shares or 0.22% of its portfolio.


More news


  • Nicki Minaj to perform at NBA Awards with Drake as host

    Nicki Minaj to perform at NBA Awards with Drake as host

    A full list of nominees for every award, which includes some fan voting , was announced last week. According to reports, Nicki will grace the stage when the awards ceremony kicks off next month.
    Manchester Bombing 'United' City's Soccer Clubs In Europa League Final Solidarity

    Manchester Bombing 'United' City's Soccer Clubs In Europa League Final Solidarity

    Honestly, I don't know", he said. "I am really happy with players after my most hard season as a manager". I dedicate this trophy to my family, Manchester & all Armenians!", Mkhitaryan tweeted.
    Toronto police to provide update on shooting death of Hamilton man

    Toronto police to provide update on shooting death of Hamilton man

    Police say the suspects are considered armed and unsafe . "There's nothing in Mr. Pinnock's background that provides a motive". "I'm hoping for names", she said.
  • Woman released after being arrested in Ariana Grande Manchester Arena bombing

    Woman released after being arrested in Ariana Grande Manchester Arena bombing

    An extra 1,000 armed officers will patrol streets across the United Kingdom in the wake of the Manchester terror attack . The BBC reported that security services thought the bomb was too sophisticated for Abedi to have built by himself.

    Stock'S Earning Overview Oclaro, Inc. (OCLR)

    Oclaro, Inc. (OCLR ) belongs to the "Technology" sector with an industry focus on "Semiconductor Equipment & Materials", with Mr. The semiconductor company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.04.

    Encana Corp's (ECA) "Hold" Rating Reiterated at TD Securities

    Societe Generale upgraded Encana Corp from a "sell" rating to a "hold" rating in a research report on Wednesday, January 11th. Several hedge funds and other institutional investors have recently bought and sold shares of the stock.
  • Bella Hadid is Bulgari Goldea The Roman Night fragrance ambassador

    Bella Hadid is Bulgari Goldea The Roman Night fragrance ambassador

    Thank you to my whole @bulgariofficial family for your love and generosity for making this the most attractive Roman night of all. Bella Hadid was all about her stems at the Goldea The Roman Night cocktail and dinner party in Rome Wednesday.

    Korea calls S. Korea's border firing reckless provocation

    President Donald Trump said on May 1 he would be "honored" to meet the North's leader, Kim Jong Un, under the right conditions. South Korea's Yonhap news agency earlier reported the object had been found near the border and identified as a balloon.
    Juan Mata `proud´ to win Europa League for people of Manchester

    Juan Mata `proud´ to win Europa League for people of Manchester

    That was evident in the Europa League final on Wednesday night, which United won 2-0 and Herrera won the man of the match award. The Amsterdam giants were built up before the final as a side that could potentially shock Manchester United . "I don't know.
  • Ben & Jerry's scoops support for single-sex marriage in Australia

    Ben & Jerry's scoops support for single-sex marriage in Australia

    The Equality Campaign allows people to write to their MP to ask them to hold a parliamentary vote on same-sex marriage this year. Critics haven't been shy to accuse businesses of pinkwashing , the practice of cashing in on the increased support for equality.

    What Are Analysts Opinions On Frontier Communications Corporation (FTR)

    The company has mean EPS estimate of -0.06 reported by 9 number of analyst for the quarter ending Jul 31, 2017- Aug 4, 2017. The Average Volume of the company is 51.69 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 0.
    On the brink Cavs one win from NBA finals

    On the brink Cavs one win from NBA finals

    On Feb. 6 in a game the Cavs won 140-135 in Washington, James fouled out with 4:13 left in overtime and the Cavs down 122-120. He went inside and outside and seemed to find that gear that had been missing since Friday night's dominating win in Boston.