Economy

Short Term Outlook For Cisco Systems, Inc. (NASDAQ:CSCO)

CIM's profit would be $106.91 million giving it 8.11 P/E if the $0.57 EPS is correct. About 898,891 shares traded. Pretium Resources Inc (TSE:PVG) has 0.00% since October 27, 2016 and is.

Marco Investment Management Llc decreased Cisco Sys Inc (CSCO) stake by 3.11% reported in 2017Q2 SEC filing. Columbia Partners Llc Investment Management sold 106,365 shares as Cisco Systems Inc (CSCO)'s stock declined 7.50%. The Bellecapital International Ltd holds 114,646 shares with $3.59M value, down from 178,116 last quarter. Campbell Newman Asset Management Inc who had been investing in Cisco Systems Inc. for a number of months, seems to be bullish on the $170.69 billion market cap company. The stock increased 1.19% or $0.35 during the last trading session, reaching $29.8. About 1.85M shares traded or 334.55% up from the average.

Three months ago, on the other hand, the average analyst rating for Cisco Systems, Inc. Equities research analysts predict that Cisco Systems will post $2.43 EPS for the current fiscal year. Shareholders of record on Thursday, October 5th were issued a dividend of $0.29 per share. Therefore 88% are positive. According to today's trading volume Cisco Systems, Inc.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. Finally, RBC Capital Markets reaffirmed an "outperform" rating and set a $35.00 price objective on shares of Cisco Systems in a research note on Wednesday, August 17th. The rating was maintained by Jefferies on Thursday, August 13 with "Hold". Out of 15 total analysts who were surveyed, 3 rated it a Moderate Buy, 3 rated it hold, and 9 rated it a Strong Buy. Cisco Systems has a one year low of $29.12 and a one year high of $34.73. The firm has "Buy" rating by Piper Jaffray given on Wednesday, August 16. Deutsche Bank has "Buy" rating and GBX 300 target. The rating was maintained by Oppenheimer with "Outperform" on Friday, February 12. The stock has "Buy" rating by KeyBanc Capital Markets on Monday, September 18. Pacific Crest maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, October 11 with "Buy" rating. The stock of Tenneco Inc (NYSE:TEN) has "Hold" rating given on Tuesday, October 24 by Jefferies. The stock of MasTec, Inc. (NYSE:MTZ) to report earnings on November, 2. This showed a surprise of 0% in the last quarter earnings. CSCO's profit will be $2.72 billion for 15.61 P/E if the $0.55 EPS becomes a reality. River And Mercantile Asset Limited Liability Partnership invested in 0.76% or 129,900 shares. It also upped Qualcomm Inc Com (NASDAQ:QCOM) stake by 15,982 shares and now owns 84,754 shares. Gilead Sciences Inc (NASDAQ:GILD) was raised too.

Since May 24, 2017, it had 0 buys, and 3 insider sales for $12.50 million activity. Also, insider John T. Chambers sold 541,666 shares of the company's stock in a transaction that occurred on Wednesday, August 24th. Baystate Wealth Management LLC now owns 7,537 shares of the network equipment provider's stock valued at $146,000 after buying an additional 1,484 shares during the last quarter.

Analysts await Cisco Systems, Inc.

In other news, CAO Prat Bhatt sold 25,638 shares of the company's stock in a transaction on Wednesday, September 13th.

When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Its weekly and monthly volatility is 1.30%, 0.99% respectively.

Several large investors have recently added to or reduced their stakes in CSCO. 111 funds opened positions while 694 raised stakes. Ameritas Prtnrs, a Nebraska-based fund reported 772 shares. Sandy Spring Bankshares invested 0.68% of its portfolio in Cisco Systems, Inc.

Shares of Synaptics Incorporated (NASDAQ:SYNA) scoring 2.87% to reach at $36.22 during previous trading session. Hartline has invested 0.33% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) has "Mixed" rating given on Monday, October 31 by OTR Global. Moreover, Invesco Limited has 0.82% invested in Cisco Systems, Inc. Farr Miller Washington Lc Dc holds 14,287 shares. Zacks Inv Mgmt invested in 0.03% or 23,724 shares. Following the transaction, the insider now directly owns 729,305 shares in the company, valued at $22,710,557.70. (NASDAQ:CSCO). Heritage Wealth stated it has 0.14% in Cisco Systems, Inc. The percentage of shares being held by the company management was 0.08% while institutional stake was 79%. Following the transaction, the chief accounting officer now directly owns 119,996 shares of the company's stock, valued at $3,847,071.76. 37,119 were reported by First United National Bank. Tiaa Cref Mngmt Ltd owns 0.01% invested in Tenneco Inc (NYSE:TEN) for 191,001 shares. Camarda Fincl Advsrs Limited Com stated it has 18,095 shares or 0.61% of all its holdings.

Among 7 analysts covering Chimera Investment (NYSE:CIM), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Chimera Investment had 17 analyst reports since August 12, 2015 according to SRatingsIntel. (NYSE:MTZ) earned "Outperform" rating by Credit Suisse on Monday, July 24. The company was maintained on Thursday, August 18 by Morgan Stanley. The firm earned "Equal-Weight" rating on Tuesday, October 13 by Barclays Capital. The company operates in the Technology sector with a market capitalization of 171.18 Million. The firm has "Hold" rating given on Wednesday, June 21 by Nomura.



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