Cisco Systems Inc Reported Higher Revenue

One quarter earlier, revenue for the stock was at $12.64 billion, with earnings at $0.63/share.

Growth Estimate for Cisco Systems, Inc. The share price is now -1.57 percent versus its SMA20, -3.92 percent versus its SMA50, and -4.85 percent versus its SMA200.

These analysts also forecasted Growth Estimates for the Current Quarter for CSCO to be -1.8%. The stock now shows its YTD (Year to Date) performance of 6.7 percent while its Weekly performance value is 2.14%. On average, analysts expect that Cisco Systems will post $2.37 earnings per share for the current fiscal year. (NASDAQ:CSCO) by 1.3% during the third quarter, Holdings Channel reports. 25 analysts projected on average Earnings. While some analysts have a High Price target for the stock of $38 and a Low Price Target of $25. Oppenheimer Holdings, Inc. set a $34.00 target price on shares of Cisco Systems and gave the company a "buy" rating in a research note on Wednesday, November 2nd. OTR Global Downgrades the stock to Mixed on 10/31/16 with no specific Price Target. The business earned $11.60 billion during the quarter, compared to analysts' expectations of $11.55 billion.

When it comes to the Analysis of a Stock, Price Target plays a vital role. The Relative Volume value measured for Cisco Systems, Inc. This prices the company at $26 per share, a bit higher than the $12 - $14 per share the company sought.

Cisco Systems, Inc. has 1 year price target of $33.26. (CSCO) now trades with a market capitalization of $164.70 Billion.

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Twitter, Inc. (TWTR) recently recorded 1.33 percent change and now at $16.74 is 21.92 percent away from its 52-week low and down -33.7 percent versus its peak. The stock has a 50 day moving average price of $30.74 and a 200 day moving average price of $30.77. The stock carved out a 52-week low down at $24.32.

In terms of customer segments enterprise inched up 1%, commercial grew 3%, public sector declined 6% and service provider dipped 1%.

At the moment 35 analysts are watching Cisco Systems, Inc. These holdings make up 80.36% of the company's outstanding shares. (NASDAQ:ACAD) as "STRONG BUY", 6 rated as "BUY" and 4 issued a "HOLD" rating. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. Long has a 16.5% average return when recommending CSCO, and is ranked #451 out of 4453 analysts. The stock is performing 7.83% year to date. Bank of New York Mellon Corp now owns 123,367,471 shares of the network equipment provider's stock valued at $3,913,216,000 after buying an additional 10,435,264 shares in the last quarter. For the past month, Cisco Systems, Inc.'s stock has been 9.44%, 5.52% for the last quarter, 7.25% for the past six months and 28.45% for the past 52 weeks. The stock was trading on above-average volume.

The company shows its Return on Assets (ROA) value of 8.9%.

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. Non-GAAP earnings are anticipated to be in the range 57-59 cents per share.

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