Cisco Systems, Inc. (NASDAQ:CSCO) reports higher than expected quarterly revenue

Cisco Systems continues to shift more to services and software from its core business of selling network switches and routers

Cisco Systems, Inc. (NASDAQ:CSCO) shows its Return on Assets (ROA) value of 8.9 percent, while the Return on Equity (ROE) value is 17 percent and Return on Investment (ROI) value stands at 11.4 percent.

When it comes to the Analysis of a Stock, Price Target plays a vital role. On average, analysts anticipate that Cisco Systems, Inc. will post $2.37 EPS for the current year. Consequently, its earnings per share declined at a mid-single-digit-rate over the same period past year. The Stock opened its session at $32.31 and closed at $32.82 by showing increase of 1.58 percent. Post-earnings, Cisco Systems, Inc. stock ranged between $24.09 and $24.97 after opening the day (02/11/2016) at $24.09.

Networking hardware giant Cisco Systems (NASDAQ:CSCO) reported its fiscal second-quarter results after the market closed on February 15.

Plane makes emergency return to airport after hitting deer during takeoff
The plane, which was headed to Gulfport-Biloxi International Airport in MS , began leaking fuel shortly after taking to the air. American Airlines says all 44 passengers were evacuated from the plane and taken by bus back to the terminal.

Cisco Systems, Inc. (NASDAQ:CSCO)'s EPS growth this year is 20.90% and the trailing 12-month EPS is $2.10. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and twenty-two have assigned a buy rating to the company. Somehow, the stock managed to gain BUY ratings by 2 analysts in current tenure as not a single analyst having overweight ratings, 7 recommend as HOLD and 1 gave it as a SELL security for current period. It has lost $0 (0.97%) since hitting a 52-week high price of $32.31 on Date. Trust Department MB Financial Bank N A boosted its position in Cisco Systems by 25.2% in the second quarter. The company reported its last quarter on Oct 16. The company has a 50-day moving average price of $30.74 and a 200-day moving average price of $30.77.

CSCO has declared a quarterly dividend of $0.29 per common share, which is a three-cent increase over the previous quarter's dividend, to be paid on April 26th, 2017 to all shareholders of record as of the close of business on April 6, 2017. The difference between Actual EPS and Estimated EPS was 0.02 Percent. The firm has a market cap of $151.75 billion, a price-to-earnings ratio of 14.46 and a beta of 1.38. The network equipment provider reported $0.57 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.01. CSCO has P/E (Price to Earnings ttm) value of 15.26, Forward P/E of 12.86, P/C (Price to cash per share) of 2.26 and Price to Free Cash Flow (P/FCF) value of 21.72. FMR LLC now owns 104,252,187 shares of the network equipment provider's stock worth $3,150,500,000 after buying an additional 1,462,365 shares during the period. Cisco Systems's dividend payout ratio (DPR) is now 49.52%. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. However, this increase was partially offset by weak performance from Switching, NGN Routing, Data Center and Service Provider Video segments which decreased 5%, 10%, 4% and 41%, respectively. Finally, Price T Rowe Associates Inc. Cisco Systems, Inc. experienced its Day High at 1.52%, with its Day Low of 13.61%. The Company now has Insider ownership of 0.1 Percent and Institutional Ownership of 77.3 Percent.

By region, sales in the Americas were down 3%, EMEA was flat, and APJC was down 3%.

Related News:

  • Senate Investigation of Trump, Flynn and Russia Moving Forward

    Senate Investigation of Trump, Flynn and Russia Moving Forward

    It would be up to the Jeff Sessions Justice Department to review the transcript and bring a case, if it saw fit. He had "no problem" with Flynn talking to the Russians, according to White House press secretary Sean Spicer.
    Trump adviser: New executive orders on immigration 'an option'

    Trump adviser: New executive orders on immigration 'an option'

    Even though Trump won the presidency by way of the electoral college, he lost the popular vote. White House officials did not give Miller "anything to say" on the matter, he said .

    Previewing and predicting UFC 208 main card events

    Holm could bounce back from consecutive losses that have since colored the former champion as a potential one-hit wonder. Now, according to de Randamie, women will be able to maintain healthier eating habits in the weeks leading up to fights.
  • New round of talks on Syria conflict on Wednesday

    New round of talks on Syria conflict on Wednesday

    The resolution, which was unanimously adopted in December 2015, aims to establish governance and come up with a new constitution. However, Russia, Iran and Turkey agreed that the rebels should take part in UN-led peace talks opening in Geneva on February 20.
    Pressure on Wenger to break Bayern curse in Champions League

    Pressure on Wenger to break Bayern curse in Champions League

    Eventually, it was an error from Lewandowski in an unfamiliar position on the pitch that gave the Gunners a vital away goal . Neuer saved Sanchez's penalty, but the Chile global drilled home the rebound from a tight angle at the second attempt.

    Pepper gas causes chaos in Hamburg Airport, Germany

    Firefighters were examining them to find out whether they had to be taken to the hospital, the German news agency dpa reported. According to live flight tracking website flightradar24.com some flights were diverted to other airports after the incident.
  • Members of Turkish, Syrian armed opposition arrive for talks in Astana

    Members of Turkish, Syrian armed opposition arrive for talks in Astana

    Jaafari has told Russian agency RIA Novosti that one-on-one meetings between the opposition and the government were "not planned". Kazakhstan on February 15 said talks had been moved one day to February 16 for unspecified "technical reasons".
    400 whales stranded on New Zealand beach

    400 whales stranded on New Zealand beach

    The whale stranding, at Farewell Spit at the top of South Island, is one of the worst ever in New Zealand. And Farewell Spit is located on the north end of Golden Bay, a known hotspot for pilot whale strandings.
    County reports third flu death

    County reports third flu death

    Additionally, if you feel any flu symptoms, it is smart to go to the doctor and get tested for influenza as soon as possible. Only hospitalized cases of flu, pediatric flu death or Novel Influenza A cases are reportable to the local health department.
  • Dozens of civilians killed in Turkish shelling of al-Bab in Syria

    Dozens of civilians killed in Turkish shelling of al-Bab in Syria

    The corridor has been set up to the south of the town and is anything from 500 metres to one kilometre wide. Erdogan, speaking in Istanbul, said Al-Bab "is now besieged from all fronts".
    Lance Armstrong faces $100 million lawsuit

    Lance Armstrong faces $100 million lawsuit

    Landis, himself a former Tour victor caught cheating, would be entitled to up to 25 percent of any money recovered. He is accused of orchestrating one of the most sophisticated doping schemes in sports. "The U.S.

    Germany's ex-Foreign Minister Steinmeier likely to become president

    Right-wing opposition leader Petr Fiala (Civic Democrats, ODS) said Steinmeier was an experienced politician and diplomat. He is aware of the fact that the world is going through tough times, his democratic country will try to create stability.


Most liked

Former Chief Branden Albert released by Dolphins
That being said, don't be shocked if the veteran is considering retirement after battling injuries for several years. Williams, 32, signed with the Dolphins last offseason after he was released by the Buffalo Bills.

A new WWE Champion was crowned at Elimination Chamber
Ask me 'Elimination Chamber show? Then entered Dean Ambrose who was followed by Baron Corbin, The Miz and finally it was Wyatt. One of the key storylines on this season of Total Divas on E! was Brie Bella's retirement match at WrestleMania a year ago .

More Than 680 Arrested In Raids Targeting Undocumented Immigrants
The majority of those arrested last week had criminal records but some were for misdemeanour crimes, such as traffic violations. He said the focus of the recent raids was on risky criminals, but said it also included anyone who had broken immigration laws.

Trump's Labor Secretary Nominee Puzder Withdraws Nomination
During one of his confirmation hearings, Puzder confirmed that he and his wife had employed an undocumented housekeeper for years. Puzder was less a Labor Secretary nominee and more a caricature of what a ridiculous cabinet selection looks like.

Royals sign pitcher Travis Wood to two-year deal
Wood appeared in 259 games for the Cubs over seven seasons, including 133 starts. "Wherever I fit in is what I'll do". Wood made 77 appearances, going 4-0 with a 2.95 ERA in 61 innings.

USA bridges structurally deficient; 900 in Texas
Louisiana's top structurally deficient bridges are in Caddo, Jefferson, Calcasieu, Orleans, Bossier, Ouachita and St. The state has already identified 4,075 bridges that need fix , which comes with a price tag of $12 billion.

Projections of pregnant Trump, Putin appear in Chelsea, Williamsburg
This is not the first piece of art to poke fun at the two presidents" "special relationship'. The image was captioned "Love Through Hate".

Sonos hikes United Kingdom prices by 25% due to effects of Brexit
In some cases, prices are increasing as much as 25%, and when we're talking about the high-end, that kind of jump can hurt. Its CONNECT: AMP and BOOST products will increase by a sizable 25% to £499 and £99, respectively.

JC Penney Company Inc (JCP) Moves on Morgan Stanley Upgrade
The department store operator reported ($0.21) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.21). In the last 27 earnings reports, the company has topped earnings-per-share estimates 58% percent of times.

Australian authorities arrest Hitler lookalike
During Nazi rule, the house was transformed into a shrine to Hitler as the town drew in a wave of tourists. The incident comes amid an ongoing legal dispute over Hitler's birthplace.

Teva Claws Its Way Back With Earnings, Revenue Beat
The company reported $1.38 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.36 by $0.02. Teva Pharmaceutical Industries Limited's quarterly revenue was up 33.0% compared to the same quarter previous year .

Kremlin Says Putin and Trump Will Meet In July
All nine agents confirmed that Flynn had extensive contact with Ambassador Sergey Kislyak before and after the election. But U.S. officials are now saying that the sanctions were also a topic of conversation.

Braves close to acquiring All-Star Brandon Phillips
He posted a.291/.320/.416 slash line in 2016, although Buchanan reported he was dealing with a hairline fracture in his left hand. Phillips' departure also means Jose Peraza will be the starter while second baseman prospect Dilson Herrera gets more experience.

Jordan Spieth sounds off on adult autograph-seeking 'scums'
Australian Day had to contend with driving wind and rain over his last four holes before organisers halted play at 1:34 p.m. Elsewhere in golf, Tiger Woods has announced he will not compete in his next two scheduled tournaments due to back spasms.

Storm progresses as expected; snow coming soon
February 2006: Snow piled up to 26.9 inches over more than two days, forcing city officials to cancel flights and rail service. Residents are asked to remove any vehicles from the roadway to assist the Department of Public Works in removing the snow.