Published: Fri, October 13, 2017
Money | By Armando Alvarado

Cisco Systems, Inc. (CSCO) Receives $35.47 Average Price Target from Analysts


Ntv Asset Management Llc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $165.14B market cap company. The share price was last seen -0.62% lower, reaching at $33.55 on October 10, 2017. About 2 shares traded.

Cisco Systems, Inc. (CSCO) now the company's industry has 13.86 P/E and the sector P/E is 16.24. It has underperformed by 3.50% the S&P500. With 49,700 avg volume, 0 days are for IRONCLAD PERFORMANCE (OTCMKTS:ICPW)'s short sellers to cover ICPW's short positions. The Market Cap of the company is $167.58 Billion.

EPS Estimate for the next year is 2.55. About shares traded. Ecopetrol SA (ADR) (NYSE:EC) has risen 7.58% since October 13, 2016 and is uptrending. It has outperformed by 45.72% the S&P500.

Since May 24, 2017, it had 0 insider purchases, and 3 insider sales for $12.50 million activity. The insider Stevens Brian sold 10,000 shares worth $31,500.

A statistical measure of the dispersion of returns (volatility) for CSCO producing salvation in Investors mouth, it has week volatility of 0.97% and for the month booked as 1.19%. The Beta for the company stands at 1.16 and its Average True Range (ATR) shows a value of 0.4. It increased, as 90 investors sold CSCO shares while 594 reduced holdings.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Clean Yield Grp Inc has 2.93% invested in Cisco Systems, Inc. (CSCO). Trading was heavy with 12,561,374 shares changing hands by the end of trading on Monday. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 14 Hold. (NASDAQ:CSCO). Anchor Capital Limited Liability holds 0.03% or 27,800 shares in its portfolio. Raffles Lp owns 1.95% invested in American International Group Inc (NYSE:AIG) for 33,332 shares.

For the past 5 years, Cisco Systems, Inc.'s EPS growth has been almost 5%. (NASDAQ:CSCO) for 222,908 shares. (NASDAQ:CSCO) has a consensus target price of $35.833 on the stock. Washington Trust Bank lifted its holdings in Cisco Systems by 2.5% during the 2nd quarter. Cleararc Inc holds 0.1% of its portfolio in Fiserv Inc (NASDAQ:FISV) for 5,213 shares. Parsons Management Incorporated Ri reported 9,590 shares. Barnett & Company Inc. raised its position in Cisco Systems by 1,511.5% during the 2nd quarter. The stock of Cisco Systems, Inc. The ex-dividend date has been established as Wednesday the 4th of October 2017. (CSCO) CEO John Chambers to Step Down" published on September 18, 2017, Seekingalpha.com published: "IBM Vs. Cisco: "Which Company Has Better Value?" on September 22, 2017. (NASDAQ:CSCO). Commerzbank Aktiengesellschaft Fi holds 0.44% in Cisco Systems, Inc.

Amazon puts entertainment exec on leave of absence
Insiders have speculated for months about Price's possible departure from his role as head of Amazon's original-video arm. Amazon has suspended Roy Price , its point man in Hollywood and the head of its ambitious video program.

Cisco Systems, Inc. (CSCO)'s ROE is 0%, while industry's is 16.3%.

The good news is there's still room for Cisco Systems, Inc.

Among 8 analysts covering Cotiviti (NYSE:COTV), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 62% are positive. S&P Research has "Strong Buy" rating and $70 target. Credit Suisse maintained Cisco Systems, Inc. JMP Securities maintained the shares of CSCO in report on Thursday, August 18 with "Market Perform" rating. As per Wednesday, August 17, the company rating was maintained by Jefferies. On Friday, August 4 the stock rating was maintained by Oppenheimer with "Buy". As per Tuesday, November 24, the company rating was maintained by Canaccord Genuity. The company now has an average rating of "Buy" and a consensus price target of $35.38. (NASDAQ:CSCO) earned "Buy" rating by RBC Capital Markets on Monday, October 9. The firm has "Overweight" rating given on Thursday, August 18 by Barclays Capital. On Monday, January 9 the stock rating was maintained by N+1 Singer with "Buy". Therefore 36% are positive. Cotiviti had 10 analyst reports since August 11, 2016 according to SRatingsIntel. The firm has "Buy" rating given on Friday, June 30 by Jefferies. Cowen & Co has "Buy" rating and $38.0 target. On Tuesday, December 13 the stock rating was downgraded by KLR Group to "Reduce". (NASDAQ:CSCO) rating on Wednesday, September 6. As per Tuesday, October 4, the company rating was upgraded by Monness Crespi & Hardt.

Investors sentiment decreased to 1.04 in Q2 2017. The stock now has Weekly Volatility of 0.97% and Monthly Volatility of 1.19%. Fairfield Bush invested in 0.13% or 13,437 shares. 24 funds opened positions while 58 raised stakes. 26 analysts on average projected earnings of $0.61 per share for the current quarter. Madison Investment Incorporated stated it has 714,730 shares. 645,149 were accumulated by Northern Trust Corp. Hudson Valley Investment Advsr Adv, a New York-based fund reported 144,275 shares. D E Shaw & has invested 0% in Unit Corporation (NYSE:UNT). Metropolitan Life Insur invested 0.01% in Groupon Inc (NASDAQ:GRPN). Farmers Merchants Invs reported 47,443 shares stake. Cambridge Investment Rech holds 0.24% or 519,599 shares. Wunderlich Cap Managemnt owns 47,384 shares. Following the sale, the chief executive officer now directly owns 552,694 shares of the company's stock, valued at $17,719,369.64. Following the completion of the sale, the senior vice president now directly owns 192,774 shares of the company's stock, valued at approximately $6,180,334.44. 161,967 were accumulated by Woodley Farra Manion Portfolio Management Inc. (NASDAQ:CSCO). 75,049 were reported by Spc Fin Inc. Winslow Evans & Crocker invested in 0% or 98 shares. CSCO's profit will be $2.76 billion for 15.09 P/E if the $0.55 EPS becomes a reality.

While considering EPS estimates of the company, it has next quarter growth estimates of 0.58 whereas during current year it has 2.43 estimations over growth, comparing to the estimations of 2.55 during next year.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Like this: