Cisco Shares Rise as Company Beats Earnings Expectations
Feb 16 2017
The stock lost about -0.2 percent in price since last results when it was at $31.57 a share. Product revenue fell 4% year over year, while service revenue grew 5%. Recently the stock has been recommended as Buy from 16 and 1 suggested Sell for the stock. (NASDAQ:CSCO) established that the company was able to keep return on investment at 11.03 in the trailing twelve month while Reuters data showed that industry's average stands at 4.30 and sector's optimum level is 9.42. (NASDAQ:CSCO) are 2.73%; 7.45% for the month; 3.91% for the last quarter; 5.34% for the past six-months; and 29.49% for the last 12 months. The reported EPS for the same quarter previous year was $0.53.
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. Cisco Systems, Inc. experienced its Day High at 1.52%, with its Day Low of 13.61%.
Indicating how profitable Cisco Systems, Inc. Revenue for the quarter ended January 28 fell 2% to $11.58 billion, but that beat expectations of $11.55 billion. The legal version of this story can be viewed at https://www.com-unik.info/2017/02/15/piedmont-investment-advisors-llc-acquires-shares-of-1041006-cisco-systems-inc-csco.html.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 25th.
Cisco Systems, Inc. (CSCO) is in Goldman's research list so their analyst rating change is noteworthy. In the final minutes of trading on Wednesday, shares hit $32.82, an increase of 27 percent in the last 12 months. Cisco Systems now has a consensus rating of Buy and an average price target of $32.77.
In related news, SVP Karen Walker sold 1,793 shares of Cisco Systems stock in a transaction on Friday, December 23rd.
From an investment perspective, Cisco offers many qualities that should appeal to value seekers. The ex-dividend date was Wednesday, January 4th. EPS or Earning per Share stands at $2.1. Cisco Systems's payout ratio is 49.52%. This represents a $1.04 dividend on an annualized basis and a yield of 3.25%. The stock's price moved up its 200-day moving average of $21.53. The institutional investor owned 164,410 shares of the network equipment provider's stock after selling 215 shares during the period. It has been assigned a low target price of $10 and a high target price of $25.
Communications and networking specialist Cisco Systems, Inc. Following the sale, the senior vice president now owns 183,275 shares in the company, valued at $5,573,392.75. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, the Hold rating count is 13 as of 02/14/17. The Trump administration has proposed a one-time tax cut for the repatriation of USA companies' corporate profits held overseas, which could provide Cisco with more ammunition to make acquisitions or hike dividends. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC).