Published: Wed, November 15, 2017
Money | By Armando Alvarado

Short Term Outlook For Cisco Systems, Inc. (NASDAQ:CSCO)

Short Term Outlook For Cisco Systems, Inc. (NASDAQ:CSCO)

Weaver C. Barksdale & Associates Inc. increased its position in shares of Cisco Systems by 8.6% in the second quarter. Moreover, Great Point Partners Llc has 3.48% invested in the company for 243,800 shares. Holderness Investments Co. lifted its position in shares of Cisco Systems by 12.1% during the first quarter. The stock rose 0.21% or $0.07 reaching $34.02 per share.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 16th. It has underperformed by 3.50% the S&P500. $34.07's average target is -0.32% below currents $34.18 stock price. Therefore 40% are positive. Gaming and Leisure Properties had 20 analyst reports since August 4, 2015 according to SRatingsIntel. Credit Suisse has "Buy" rating and $4000 target. Ladenburg maintained the stock with "Buy" rating in Monday, October 30 report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. The stock has "Neutral" rating by Sterne Agee CRT on Wednesday, September 9.

Enanta Pharmaceuticals Incorporated (NASDAQ:ENTA) had a decrease of 22.61% in short interest. The firm has "Underweight" rating given on Tuesday, December 6 by Barclays Capital. Cisco Systems presently has a consensus rating of "Buy" and an average target price of $35.31. Credit Suisse has "Underperform" rating and $24 target.

About 249,564 shares traded. Investors Bancorp, Inc. (NASDAQ:ISBC) has risen 13.02% since November 14, 2016 and is uptrending. It has outperformed by 99.75% the S&P500.

PTC Inc.is a global computer software and services company. The Firm offers a portfolio of computer-aided design modeling, product lifecycle management (PLM) and service lifecycle management (SLM) solutions for manufacturers to create, operate, and service products. It has a 17.87 P/E ratio.

Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.14, from 1.04 in 2017Q1. It fall, as 37 investors sold ETN shares while 289 reduced holdings. 36 funds opened positions while 64 raised stakes. The firm owned 83,589 shares of the network equipment provider's stock after buying an additional 1,750 shares during the period. Sg Americas Limited Com invested 0% in Investors Bancorp, Inc. 95,458 were reported by D E Shaw And.

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Seaspan Corporation (NYSE:SSW) overall volume in the last trading session was 1,882,706 shares. Tudor Et Al invested 0.01% in Oil States International, Inc. Dynamic Cap Mngmt stated it has 0.14% in PTC Inc (NASDAQ:PTC).

Investors sentiment decreased to 0.85 in Q2 2017. Brown Capital Mgmt Lc reported 8,542 shares. Dimensional Fund Advsr L P stated it has 830,566 shares or 0% of all its holdings. Farmers Trust has 178,446 shares for 1.98% of their portfolio. Pinebridge Invs Limited Partnership reported 0% of its portfolio in Enanta Pharmaceuticals Inc (NASDAQ:ENTA). Highland Cap Management Ltd Limited Liability Company holds 72,940 shares or 0.46% of its portfolio.

Ubs Asset Management Americas Inc bolstered its stake by buying 221 shares an increase of 1.7% from 06/30/2017 to 09/30/2017. 330.85 million shares or 0.85% less from 333.69 million shares in 2017Q1 were reported. Coca Cola Co Com (NYSE:KO) was raised too.

A number of other hedge funds and other institutional investors have also bought and sold shares of CSCO. Ameriprise Financial Inc. increased its position in Cisco Systems by 23.6% during the third quarter. JMP Securities reiterated a "hold" rating on shares of Cisco Systems in a research note on Thursday, November 17th. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: "Cisco Likely A Hold?" published on October 31, 2017 as well as Fool.com's news article titled: "Why 2017 was a Year to Forget for Cisco Systems, Inc." with publication date: November 09, 2017. Moreover, Lenox Wealth Mngmt has 0.04% invested in Cisco Systems, Inc. (NASDAQ:ISBC) for 29,400 shares. Barbara Oil holds 1.55% of its portfolio in Cisco Systems, Inc. Commonwealth Of Pennsylvania School Empls Retrmt System invested in 371,472 shares or 0.18% of the stock. The firm owned 58,817 shares of the network equipment provider's stock after selling 4,125 shares during the quarter. Bp Public Limited Liability, United Kingdom-based fund reported 685,000 shares. Hanson & Doremus Investment holds 86,727 shares or 1% of its portfolio. Vanguard Group holds 352.12 million shares.

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO) has "Outperform" rating given on Friday, September 23 by Raymond James. Therefore 62% are positive. The value of the investment in CSCO went from $742,636,000 to $752,079,000 increasing 1.3% quarter to quarter. Stifel Nicolaus has "Buy" rating and $30 target. The rating was initiated by Avondale with "Market Perform" on Thursday, October 15. The company was maintained on Wednesday, June 28 by BMO Capital Markets. The rating was maintained by Goldman Sachs on Thursday, August 13 with "Buy". Investors do have to keep in mind that Cisco has now paid out nearly $5.00 per share in dividends going back to the first substantial dividend of 2011.

NASDAQ exhibits a P/E ratio of 17.82 with a forward P/E of 13.29. NASDAQ shows a rate of 3 with its quick ratio of 3. Robert W. Baird maintained Cisco Systems, Inc. On average, equities research analysts anticipate that Cisco Systems Inc. will post $2.37 earnings per share for the current year.

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