The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 3.4%.
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 announced they will be increasing their quarterly dividend by $0.03 to $0.29 per common share. The biggest holder now is John T. Chambers who owns 1,470,581 shares (0.03% of those outstanding), whilst Mr. Gary B. Moore holds 523,332 (0.01% of shares outstanding) and Ms Kelly Anne Kramer holds 428,527 (0.0085% of shares outstanding). Company's annual sales growth for the past five year was 68.80%. A SVP & Chief Marketing Officer at Cisco Systems, Inc. Cisco Systems, Inc. P/E (price to earnings) ratio is 15.42 and Forward P/E ratio of 13. (NASDAQ:CSCO) in a research report report published on Thursday morning. Long has a 16.5% average return when recommending CSCO, and is ranked #451 out of 4453 analysts. First Personal Financial Services now owns 121,998 shares of the network equipment provider's stock worth $3,870,000 after buying an additional 10,896 shares in the last quarter.
Average Revenue Estimate for the current quarter is $12.3 Billion, according to consensus forecast of 21 analysts. The stock has 52-week high of $8.72 and 52-Week low of $1.29. Revenue for the quarter was $12B while analysts called for revenues to be $11.97B. The price targets are usually acts as the boosters or blasters in the performance of stock. On 7th Day after earnings release, Cisco Systems, Inc. (NASDAQ:CSCO) which led to swings in the share price. Vetr raised Cisco Systems from a "hold" rating to a "buy" rating and set a $31.84 price target on the stock in a report on Wednesday, February 1st.
The Company has 5018.17 million shares outstanding and 5007.80 million shares were floated in market. During the trading on 02/13/2017, Company's stock ranged from $31.55 to $32.00. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 4.74% where SMA50 and SMA200 are 6.45% and 8.95% respectively. The stock hit its 52-Week High on Sep 2, 2016 and 52-Week Low on Feb 16, 2016.
Cisco Systems, Inc. (NASDAQ:CSCO): On Friday heightened volatility was witnessed in Cisco Systems, Inc. The average true range of the stock is observed at 0.36 and the relative strength index of the stock is recorded at 73.17. The institutional investor owned 231,976 shares of the network equipment provider's stock after buying an additional 3,310 shares during the period. The count of Hold ratings in that period was 13. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell.
Many analysts are providing their Estimated Earnings analysis for Cisco Systems, Inc. and for the current quarter 29 analysts have projected that the stock could give an Average Earnings estimate of $0.56/share. The stock tumbled -7.52 percent over the last 6 months. Orrstown Financial Services Inc. now owns 3,243 shares of the network equipment provider's stock worth $103,000 after buying an additional 1,530 shares in the last quarter. We believe the continued strong performance of Arista and Juniper suggest an accelerated share shift is ongoing, means that Cisco's switching market position remains vulnerable, and switching revenues continued to decelerate.