Weekly Investment Analysts’ Ratings Updates for Cisco Systems (CSCO)

A number of firms have modified their ratings and price targets on shares of Cisco Systems (NASDAQ: CSCO) recently:

  • 2/12/2018 – Cisco Systems was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $44.13 price target on the stock.
  • 2/7/2018 – Cisco Systems is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $48.00 price target on the stock.
  • 2/5/2018 – Cisco Systems was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $44.13 price target on the stock.
  • 2/5/2018 – Cisco Systems was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of the IP-based networking company, Cisco have outperformed the industry over the past one year. We believe that the company’s expanding footprint in the rapidly growing security market presents significant growth opportunity. Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive in our view. Additionally, the company’s Application Centric Infrastructure (ACI) solution is currently used by more than 4K customers. The ACI solution was recently enhanced with new features that have aided growth. Further, the planned acquisition of Broadsoft will boost company's recurring revenue base. Moreover, the company's collaboration with Google Cloud to offer hybrid cloud solution is a key catalyst. However, intense competition from peers and challenges in the emerging markets reamins a headwind.”
  • 2/2/2018 – Cisco Systems was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/31/2018 – Cisco Systems was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $48.00 price target on the stock. According to Zacks, “Shares of the IP-based networking company, Cisco have outperformed the industry over the past one year. We believe that the company’s expanding footprint in the rapidly growing security market presents significant growth opportunity. Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive in our view. Additionally, the company’s Application Centric Infrastructure (ACI) solution is currently used by more than 4K customers. The ACI solution was recently enhanced with new features that have aided growth. Further, the planned acquisition of Broadsoft will boost company's recurring revenue base. Moreover, the company's collaboration with Google Cloud to offer hybrid cloud solution is a key catalyst. However, intense competition from peers and challenges in the emerging markets reamins a headwind.”
  • 1/30/2018 – Cisco Systems was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $44.13 price target on the stock.
  • 1/29/2018 – Cisco Systems is now covered by analysts at Loop Capital. They set a “hold” rating and a $45.00 price target on the stock.
  • 1/19/2018 – Cisco Systems had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $43.00 price target on the stock, up previously from $39.00.
  • 1/18/2018 – Cisco Systems was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of the IP-based networking company, Cisco have outperformed the industry over the past one year. We believe that the company’s expanding footprint in the rapidly growing security market presents significant growth opportunity. Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive in our view. Additionally, the company’s Application Centric Infrastructure (ACI) solution is currently used by more than 4K customers. The ACI solution was recently enhanced with new features that have aided growth. Further, the planned acquisition of Broadsoft will boost company's recurring revenue base. Moreover, the company's collaboration with Google Cloud to offer hybrid cloud solution is a key catalyst. However, intense competition from peers and challenges in the emerging markets reamins a headwind.”
  • 1/17/2018 – Cisco Systems had its price target raised by analysts at Barclays PLC from $37.00 to $45.00. They now have an “overweight” rating on the stock.
  • 1/17/2018 – Cisco Systems was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $46.00 price target on the stock. According to Zacks, “Shares of the IP-based networking company, Cisco have outperformed the industry over the past one year. Recently, it unveiled the Cisco Security Connector, which is now available in the App Store on iOS devices. We believe that the company’s expanding footprint in the rapidly growing security market presents significant growth opportunity. Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive in our view. Additionally, the company’s Application Centric Infrastructure (ACI) solution is currently used by more than 4K customers. The ACI solution was recently enhanced with new features that have aided growth. Further, the planned acquisition of Broadsoft will boost company's recurring revenue base. Moreover, the company's collaboration with Google Cloud to offer hybrid cloud solution is a key catalyst. However, intense competition from peers and challenges in the emerging markets reamins a headwind.”
  • 1/10/2018 – Cisco Systems had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $44.00 price target on the stock.
  • 1/5/2018 – Cisco Systems was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/5/2018 – Cisco Systems was upgraded by analysts at Bank of America Corp from a “neutral” rating to a “buy” rating. They now have a $46.00 price target on the stock, up previously from $38.99. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 12/27/2017 – Cisco Systems was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $38.01 price target on the stock.
  • 12/14/2017 – Cisco Systems had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $40.00 price target on the stock.

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) opened at $39.53 on Monday. The stock has a market capitalization of $195,421.38, a PE ratio of 20.48, a price-to-earnings-growth ratio of 3.55 and a beta of 1.23. The company has a current ratio of 2.87, a quick ratio of 2.81 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a fifty-two week low of $30.36 and a fifty-two week high of $42.98.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 15th. The network equipment provider reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.01. The company had revenue of $12.14 billion during the quarter, compared to the consensus estimate of $12.11 billion. Cisco Systems had a return on equity of 16.64% and a net margin of 20.26%. Cisco Systems’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 EPS. sell-side analysts predict that Cisco Systems, Inc. will post 2.23 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 24th. Shareholders of record on Friday, January 5th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend was Thursday, January 4th. Cisco Systems’s dividend payout ratio (DPR) is 60.10%.

In other Cisco Systems news, SVP Rebecca Jacoby sold 75,021 shares of Cisco Systems stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $38.42, for a total transaction of $2,882,306.82. Following the completion of the sale, the senior vice president now directly owns 257,476 shares of the company’s stock, valued at approximately $9,892,227.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John T. Chambers sold 250,000 shares of Cisco Systems stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $36.50, for a total value of $9,125,000.00. Following the sale, the insider now directly owns 712,736 shares of the company’s stock, valued at $26,014,864. The disclosure for this sale can be found here. Insiders have sold a total of 348,643 shares of company stock valued at $12,892,271 over the last ninety days. 0.05% of the stock is owned by company insiders.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC).

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