Earnings History of Cisco Systems, Inc. (NASDAQ:CSCO)


Earnings History of Cisco Systems, Inc. (NASDAQ:CSCO)

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. The Stock Closing Price on the 7th day of earnings was $28.42. These analysts and investment firms use various valuation methods to decide a price target for a stock. Orrstown Financial Services Inc. increased its position in Cisco Systems by 89.3% in the third quarter.

Cisco (CSCO) is slated to report fiscal second-quarter earnings less than a month after announcing its latest multibillion-dollar software acquisition, which valued AppDynamics Inc.at roughly double what it was to receive in an imminent initial public offering.

Here's how traders responded to CSCO earnings announcements over the past few quarters. Stock to Neutral. Another firm also rated the stock on 6-Apr-16 where JP Morgan Upgrade the stock to Neutral. Robert W. Baird reaffirmed an "outperform" rating and set a $35.00 target price on shares of Cisco Systems in a report on Tuesday, February 7th.

Cisco Systems, Inc.is the worldwide leader in networking for the Internet. (NASDAQ:CSCO) opened at 32.31 on Wednesday.

Nonetheless, and in the immediate aftermath of reporting, investor reaction in Cisco Systems, Inc.

Cisco Systems, Inc. (NASDAQ:CSCO) shares are expected to touch $32.9 in the short term.

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The Stock now has Analyst' mean Recommendation of 2.2 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell. Cisco Systems, Inc. has P/S value of 3.31 while its P/B value stands at 2.56. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell.

Credit Suisse's Kulbinder Garcha, who rates the shares Underperform, with a $25 price target, projecting a miss on the top line, at $11.47 billion in revenue and 56 cents EPS. The difference between the estimated and actual earnings was $0.02 per share.

As far as the numbers go, Cisco is reporting revenue of $11.6 billion down slightly from this time a year ago ($11.9 billion). The 0 number of analyst/s have SELL recommendation for current month on CSRA.

Similarly, first quarter service provider orders were down 12 percent versus 6 percent growth in the same quarter previous year. The stock has a market cap of $162.19 billion, a price-to-earnings ratio of 15.46 and a beta of 1.36. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal. The share price of the stock surged 50.67% for the year. The Moving Average SMA50 is 5.5% while SMA200 is 7.88%.

The Company now has ROA (Return on Assets) of -19.5 percent, Return on Equity (ROE) of -44.2 Percent and Return on Investment (ROI) of -52% with Gross margin of 0 percent and Operating & Profit margin of 0% and 0% respectively. As far as the returns are concern, the return on equity was recorded as 17.00% and return on investment was 11.40% while its return on asset stayed at 8.90%. The stock now shows its YTD (Year to Date) performance of 6.7 percent while its Weekly performance value is 2.14%. During the twelve month it added 31.85% and year to date performance of 6.70%. The Relative Volume value measured for Cisco Systems, Inc. The company has volume of 25.92 Million shares.

Looking forward, Cisco is being conservative in their estimates with year on year estimates of 0 to -2% revenue, non-GAAP gross margin of 63% - 64%, non-GAAP operating margin rate of 29% - 30%, non-GAAP tax provision rate of 22%, and non-GAAP EPS of $0.57 - $0.59.



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