Cisco Systems, Inc. (CSCO) Analysts See $0.53 EPS

January 24, 2018 - By Nellie Frank

 Cisco Systems, Inc. (CSCO) Analysts See $0.53 EPS
Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It fall, as 74 investors sold Cisco Systems, Inc. shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported.
Huntington Financial Bank has invested 0.98% in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Dodge And Cox has 1.72% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 63.49M shares. Livingston Grp Inc Asset Mngmt (Operating As Southport Cap Management) invested 1.66% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Hedeker Wealth Ltd owns 48,957 shares or 1.45% of their US portfolio. Cape Cod Five Cents Bankshares invested in 176,080 shares or 0.91% of the stock. Becker Cap Mngmt holds 1.72M shares. Gradient Invs Lc has 218,551 shares for 0.47% of their portfolio. Hsbc Plc holds 0.5% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 9.22 million shares. Legacy Private reported 0.27% stake. City invested in 91,218 shares or 1.03% of the stock. Everence Mngmt invested in 0.76% or 98,575 shares. Puzo Michael J has 0.29% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Hollencrest Secs Ltd Liability Corp reported 101,371 shares or 0.47% of all its holdings. Proshare Advsrs Ltd Liability Corporation accumulated 2.36M shares. Jupiter Asset Mgmt Ltd invested in 8.58 million shares.

Since August 23, 2017, it had 0 insider buys, and 7 selling transactions for $23.51 million activity. MCGEARY RODERICK C also sold $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. BHATT PRAT also sold $821,900 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. On Thursday, December 14 BARTZ CAROL sold $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 200,000 shares. Another trade for 65,000 shares valued at $2.11 million was sold by CHANDLER MARK D. Walker Karen sold $740,883 worth of stock or 23,110 shares. Robbins Charles sold $3.89M worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 11.

Analysts expect Cisco Systems, Inc. (NASDAQ:CSCO) to report $0.53 EPS on February, 21.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.53 EPS. CSCO’s profit would be $2.62 billion giving it 19.86 P/E if the $0.53 EPS is correct. After having $0.55 EPS previously, Cisco Systems, Inc.’s analysts see -3.64 % EPS growth. The stock increased 1.06% or $0.44 during the last trading session, reaching $42.1. About 23.98 million shares traded or 14.80% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 24, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 24 have Buy rating, 0 Sell and 13 Hold. Therefore 65% are positive. Cisco Systems Inc. had 136 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Hold” rating by J.P. Morgan on Wednesday, June 21. Oppenheimer maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Wednesday, August 16. Oppenheimer has “Buy” rating and $36.0 target. The firm has “Buy” rating by Citigroup given on Tuesday, October 6. The rating was maintained by Barclays Capital on Thursday, May 19 with “Overweight”. Drexel Hamilton maintained the stock with “Buy” rating in Tuesday, August 15 report. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Hold” rating by Credit Suisse on Friday, July 21. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, August 18 by UBS. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Jefferies on Wednesday, August 2. Nomura maintained it with “Neutral” rating and $33 target in Thursday, November 16 report. Goldman Sachs maintained it with “Neutral” rating and $32 target in Thursday, August 18 report.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide. The company has market cap of $208.13 billion. The firm offers switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. It has a 21.93 P/E ratio. It also provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, series, fabric interconnects, and management software solutions; wireless products consisting of wireless access points, WLAN controllers, cloud and appliances based services, and integrated software services.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Fool.com which released: “Is Cisco Systems Inc’s Stock Getting Overvalued?” on December 26, 2017, also Fool.com with their article: “Is Cisco Systems, Inc. a Buy in 2018?” published on January 20, 2018, Livetradingnews.com published: “Cisco Systems, Inc (NASDAQ:CSCO) Stock Overbought” on January 23, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: “Cisco: What’s The Next Dividend Going To Be Like?” published on January 15, 2018 as well as Fool.com‘s news article titled: “Here’s How Cisco Systems, Inc. Crushed It in 2017” with publication date: January 04, 2018.

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