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Cisco Systems (NASDAQ:CSCO) is set to post its Q414 quarterly earnings results on Wednesday, August 13th. Analysts expect Cisco Systems to post earnings of $0.53 per share and revenue of $12.14 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, May 14th. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.48 by $0.03. The company had revenue of $11.50 billion for the quarter, compared to the consensus estimate of $11.38 billion. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was down 5.5% on a year-over-year basis. On average, analysts expect Cisco Systems to post $2.04 EPS for the current fiscal year and $2.16 EPS for the next fiscal year.

Cisco Systems (NASDAQ:CSCO) opened at 25.23 on Tuesday. Cisco Systems has a 52-week low of $20.22 and a 52-week high of $26.48. The stock’s 50-day moving average is $25.30 and its 200-day moving average is $23.55. The company has a market cap of $129.2 billion and a P/E ratio of 16.89. Cisco Systems also was the target of unusually large options trading activity on Monday. Traders acquired 27,362 put options on the company. This is an increase of 119% compared to the typical daily volume of 12,486 put options.

A number of analysts have recently weighed in on CSCO shares. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of Cisco Systems in a research note on Monday. They now have a $20.50 price target on the stock, up previously from $18.00. On the ratings front, analysts at Robert W. Baird raised their price target on shares of Cisco Systems from $27.00 to $29.00 in a research note on Tuesday, August 5th. They now have an “outperform” rating on the stock. Finally, analysts at Pacific Crest downgraded shares of Cisco Systems from an “outperform” rating to a “sector perform” rating in a research note on Monday, July 28th. They now have a $26.00 price target on the stock. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-one have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $26.35.

In other Cisco Systems news, EVP Pankaj Patel sold 100,000 shares of the stock on the open market in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $24.92, for a total transaction of $2,492,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Cisco Systems, Inc (NASDAQ:CSCO) designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use.

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