Analysts Anticipate Cisco Systems, Inc

Lloyd Doyle
December 25, 2017

(NASDAQ:CSCO) news were published by: Seekingalpha.com which released: "Cisco Systems' (CSCO) CEO Chuck Robbins Hosts 2017 Annual Shareholders Meeting ..." on December 12, 2017, also Investorplace.com with their article: "Why Cisco Systems, Inc". Cisco Systems, Inc. The firm has a market cap of $159.90 billion, a price-to-earnings ratio of 16.23 and a beta of 1.36.

Cisco Systems (NASDAQ CSCO) traded up $0.02 during trading on Friday, hitting $38.55. About 11.44 million shares traded.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 15th. It has underperformed by 26.77% the S&P500. The SI to Xunlei Limited Adrs's float is 25.12%. The stock decreased 0.29% or $0.12 during the last trading session, reaching $41.34. About 358,290 shares traded or 68.12% up from the average. Xunlei Limited (NASDAQ:XNET) has declined 39.93% since December 24, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Since August 23, 2017, it had 0 insider buys, and 7 selling transactions for $23.51 million activity. The insider CHANDLER MARK D sold $2.11M. 23,110 shares were sold by Walker Karen, worth $740,883 on Monday, September 11. (NASDAQ:CSCO) on Monday, September 11. On Thursday, December 14 MCGEARY RODERICK C sold $578,740 worth of Cisco Systems, Inc. 250,000 shares valued at $7.79 million were sold by CHAMBERS JOHN T on Wednesday, August 23. BARTZ CAROL had sold 200,000 shares worth $7.59M.


Investors sentiment increased to 1.21 in Q3 2017. Dowling & Yahnke LLC raised its position in Cisco Systems by 0.3% in the 1st quarter. It dived, as 74 investors sold CSCO shares while 637 reduced holdings. Royal Bank of Canada lifted their price objective on shares of Cisco Systems from $35.00 to $37.00 and gave the company an "outperform" rating in a research note on Thursday, February 16th. London Com Of Virginia stated it has 8.99M shares. Massachusetts Svcs Ma has invested 0.35% of its portfolio in Cisco Systems, Inc. Moreover, Mutual Of America Cap Management has 0.39% invested in Cisco Systems, Inc. (NASDAQ:EXAC) to report earnings on February, 20. Richard Bernstein Advisors LLC increased its holdings in shares of Cisco Systems by 21.2% in the 2nd quarter. Moreover, Pittenger & Anderson has 0% invested in Sears Holdings Corporation (NASDAQ:SHLD) for 63 shares. Verity & Verity LLC boosted its stake in Cisco Systems by 5.2% in the 1st quarter. Southeast Asset Advisors Inc. raised its holdings in shares of Cisco Systems by 0.5% in the first quarter. Burke And Herbert National Bank And Tru holds 0.84% in Cisco Systems, Inc. Cisco Systems, Inc. has a 1-year low of $29.80 and a 1-year high of $38.99. (NASDAQ:SAGE). Bb Biotech Ag reported 1.09 million shares stake. Barclays Public Limited Com stated it has 6.16M shares or 0.21% of all its holdings.

Analysts await Cisco Systems, Inc. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-one have assigned a buy rating to the company's stock. $35.87's average target is -6.95% below currents $38.55 stock price. Intermediate Capital Group had 83 analyst reports since July 21, 2015 according to SRatingsIntel. Zacks' EPS averages are an average based on a survey of sell-side research analysts that follow Cisco Systems. On Thursday, August 18 the stock rating was maintained by Morgan Stanley with "Equal-Weight". KeyCorp reissued a "buy" rating on shares of Cisco Systems in a report on Friday, September 8th. The firm has "Buy" rating by Credit Suisse given on Thursday, June 29. American Water Works Co Inc (NYSE:AWK) was raised too. Citigroup maintained United Rentals, Inc. The stock has "Market Perform" rating by Northland Capital on Wednesday, October 28. Deutsche Bank reissued a "buy" rating and set a $45.00 target price (up previously from $40.00) on shares of Cisco Systems in a report on Thursday, November 16th. The firm has "Hold" rating given on Friday, August 4 by H.C. Wainwright.

Investors sentiment decreased to 1.02 in 2017 Q3. With 1,200 avg volume, 0 days are for CRYO-CELL INTERNATIONAL INCORPORATED (OTCMKTS:CCEL)'s short sellers to cover CCEL's short positions. It also increased its holding in Matrix Svc Co (NASDAQ:MTRX) by 80,000 shares in the quarter, for a total of 397,158 shares, and has risen its stake in Ceco Environmental Corp (NASDAQ:CECE). Institutional investors own 75.55% of the company's stock. Following the transaction, the insider now owns 712,736 shares in the company, valued at $26,014,864.

Perritt Capital Management Inc decreased its stake in Exactech Inc (EXAC) by 48.7% based on its latest 2017Q3 regulatory filing with the SEC. During the same quarter in the previous year, the business earned $0.61 earnings per share. Soros Fund Mngmt Ltd Co stated it has 0.02% in United Rentals, Inc. Ifrah Fincl Serv holds 0.44% or 34,355 shares in its portfolio. Riverbridge Ltd Llc holds 0.43% or 642,546 shares. Ameriprise Fin Inc reported 0.06% of its portfolio in United Rentals, Inc. Alliancebernstein Lp reported 0.03% stake. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Westamerica Bancorporation (NASDAQ:WABC). (NASDAQ:CSCO) news were published by: Usnews.com which released: "Cisco, eBay Inc Left Behind By the Tech Boom" on December 01, 2017, also Seekingalpha.com with their article: "Cisco: Paradigm Shifting Changes Underway, Strong Investment Potential" published on December 11, 2017, Seekingalpha.com published: "Finally, Cisco Gets What It Deserves" on December 01, 2017. Tiaa Cref Mngmt Limited Company has invested 0% of its portfolio in Westamerica Bancorporation (NASDAQ:WABC). Another trade for 200,000 shares valued at $7.59 million was made by BARTZ CAROL on Thursday, December 14. Following the completion of the transaction, the director now owns 113,154 shares in the company, valued at $4,299,852.

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