Investors Catching Stocks Cisco Systems, Inc. (CSCO)

Cisco forecasts weak revenue, shares fall

Investors Catching Stocks Cisco Systems, Inc. (CSCO)

It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions. The legal version of this report can be accessed at https://baseballnewssource.com/markets/cardinal-capital-management-inc-acquires-13565-shares-of-cisco-systems-inc-csco-updated/718599.html.

The company's consensus rating is now Strong Buy, with 13 analysts rating it a Strong Buy, and 6 analysts rating it with a Hold. Therefore 61% are positive. Cisco Systems, Inc. (CSCO) has a price to book ratio of 2.62 versus Nasdaq average of 4.84. The stock now has a consensus rating of "Buy" and a consensus target price of $34.78. Analysts are forecasting Cisco Systems, Inc.to report revenue of about $11.9B, versus the 12B posted past year. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, November 13. Also, Cisco is heading into its seasonally strongest quarter of the year. (NASDAQ:CSCO) on Monday, August 15 with "Overweight" rating. The firm has "Buy" rating given on Tuesday, August 9 by Citigroup. Drexel Hamilton maintained the stock with "Buy" rating in Thursday, August 18 report.

This earnings report comes after a slew of acquisitions meant to bolster the software business. (NASDAQ:CSCO). Cullen Frost Bankers Incorporated reported 0.85% of its portfolio in Cisco Systems, Inc. The company was maintained on Thursday, August 13 by Goldman Sachs. See Cisco Systems, Inc. (NASDAQ:CSCO) has "Equal Weight" rating given on Monday, August 17 by Morgan Stanley. (NASDAQ:CSCO)'s price target was revised on 05/15/17 and according to 29 analysts stock's price will reach at $35.84 during 52 weeks with standard deviation of 2.80. The firm has "Hold" rating by Stifel Nicolaus given on Friday, November 18. SARIN ARUN sold $472,436 worth of stock. CHAMBERS JOHN T also sold $10.07 million worth of Cisco Systems, Inc. About 1,556 shares traded. Another trade for 15,672 shares valued at $537,050 was made by BHATT PRAT on Wednesday, March 15. Shares price moved down from its 50 days moving average with 2.21% and remote positively from 200 days moving average with 9.76%. (NASDAQ:CSCO)'s weekly and monthly volatility is 1.14%, 1.00% respectively.

After Tesla Acquisition, Musk's Cousin to Leave SolarCity -- Tech Roundup
Rive said that the solar panel installer is "healthier" than it has ever been, and it is time for him to move on. Peter Rive, who was SolarCity's chief technology officer, will remain to focus on the company's solar roofs.

Among 31 analysts covering Cisco Systems Inc. 117 funds opened positions while 651 raised stakes.

Currently, the market capitalization of Cisco Systems, Inc. Schroder Inv Mgmt Gru reported 23.33M shares. Cisco Systems accounts for approximately 8.5% of ANTIPODES PARTNERS Ltd's investment portfolio, making the stock its 3rd largest position.

Excluding items, the company earned 60 cents per share.

UNSC, Turkey condemn North Korea missile test
It was North Korea's seventh test this year of a missile it says can reach us military bases in the Pacific. Asked if North Korea's missile program was developing faster than the South had expected , he said: "Yes".

The San Jose-based networking giant reported Q3 earnings per share (EPS) of $0.60, which was $0.02 better than the Wall Street consensus estimate of $0.58. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 2.85M shares. Hollencrest Lc has 18,246 shares. Fulton Bank & Trust Na invested in 57,610 shares or 0.15% of the stock. Loudon Mgmt Limited Com has 4.27% invested in Cisco Systems, Inc. (NASDAQ:CSCO) was sold by MCGEARY RODERICK C on Thursday, February 23. The stock of Cisco Systems, Inc. Tradewinds Capital Mgmt invested 0.66% in Cisco Systems, Inc. Stealthgas had 6 analyst reports since October 23, 2015 according to SRatingsIntel.

Relative strength index (RSI-14) for Cisco Systems, Inc. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 6.00% since April 17, 2017 and is uptrending. Cisco expects non-GAAP earnings per share to be between $0.57 and $0.59, and the average analyst estimate falls right in the middle at $0.58. (CSCO) is 11.4 percent.

Cisco Systems, Inc. (NASDAQ:CSCO) share price increased in the last trading session with a previous 52-week high of $34.60.

Ian Poulter to play PGA Championship after European Tour invitation
Adam Scott secured his fourth top-10 finish at TPC Sawgrass. "I was a little nervous before I played the final round", Kim said. After winning The Players, Kim left Florida with a cool check for $1,890,000. "And never once did he look flustered at all".

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