Lookout for These Two Stocks: Cisco Systems, Inc. (CSCO), Microsoft Corporation (MSFT)

  • Lookout for These Two Stocks: Cisco Systems, Inc. (CSCO), Microsoft Corporation (MSFT)

Lookout for These Two Stocks: Cisco Systems, Inc. (CSCO), Microsoft Corporation (MSFT)

Equities research analysts expect Cisco Systems (NASDAQ:CSCO) to announce $12.42 billion in sales for the current fiscal quarter, Zacks reports.

The Street was, on average, projecting revenue of $12.43 billion, and earnings per share of 65 cents, excluding some costs. Adjusted profit in the quarter ending in July will be 68 to 70 cents a share, while analysts projected 69 cents.

Revenue from the business, which provides technical and internet network support, rose 3 percent to $3.16 billion but fell short of estimate of $3.24 billion, according to Thomson Reuters I/B/E/S. Zacks' sales calculations are an average based on a survey of sell-side analysts that follow Cisco Systems.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, February 14th. The network equipment provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.59 by $0.04. The Return on Investment and Return on Equity (ROE) values are 11.7 percent and 17 percent, respectively.

For Q4, it's guiding to revenues of $12.62B-$12.86B (vs. consensus for $12.72B) and EPS of $0.68-$0.70 (vs. expectations for $0.69).

A number of brokerages recently weighed in on CSCO.

"Big money sentiment for Cisco Systems Inc (NASDAQ:CSCO) in Q4 2017 increased to 1.03, according to Securities and Exchange Commission filings". Drexel Hamilton initiated the stock with "Buy" rating in Friday, October 9 report. UBS maintained it with "Buy" rating and $29 target in Thursday, February 11 report. They set an "outperform" rating for the company. (NASDAQ:CSCO). Finemark Commercial Bank And Tru has invested 1.13% in Cisco Systems, Inc. Finally, Royal Bank of Canada restated a "buy" rating and set a $44.00 price target on shares of Cisco Systems in a research report on Monday, February 12th. Ten research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and two have assigned a strong buy rating to the company. In Tuesday, February 13 report Citigroup maintained it with "Buy" rating and $46 target.

In related news, Director M Michele Burns sold 12,126 shares of Cisco Systems stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $45.50, for a total value of $940,530.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 46,986 shares of company stock worth $2,116,422. Stonehearth Capital Management LLC purchased a new position in Cisco Systems in the 4th quarter worth about $102,000. Crawford Investment Counsel Inc. now owns 497,444 shares of the network equipment provider's stock worth $15,570,000 after buying an additional 298,602 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Cisco Systems by 23.6% during the third quarter. Cornerstone Advisory LLP now owns 8,355 shares of the network equipment provider's stock worth $262,000 after buying an additional 494 shares during the last quarter. Amundi Pioneer Asset Management Inc. grew its holdings in shares of Cisco Systems by 91.0% in the fourth quarter. Pzena Investment Management LLC now owns 2,517,046 shares of the network equipment provider's stock worth $84,648,000 after buying an additional 10,265 shares during the period. During the same period in the previous year, the company earned $0.57 earnings per share. Finally, Syntal Capital Partners LLC bought a new position in shares of Cisco Systems during the 3rd quarter worth approximately $147,000. (NASDAQ:CSCO) for 107,241 shares. Cisco Systems has a 12 month low of $30.36 and a 12 month high of $46.16. The company has a current ratio of 2.43, a quick ratio of 2.38 and a debt-to-equity ratio of 0.49. The firm has a market cap of $215,391.23, a price-to-earnings ratio of 20.85, a PEG ratio of 3.20 and a beta of 1.14. It also provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, series, fabric interconnects, and management software solutions; wireless products consisting of wireless access points, WLAN controllers, cloud and appliances based services, and integrated software services. Stonebridge Capital Advsr Lc holds 0.73% of its capital in Cisco Systems, Inc. The Weekly Volatility is 1.36% and the Monthly Volatility is 2.20%. The ex-dividend date of this dividend was Wednesday, April 4th. Cisco repurchased roughly 140 million shares of common stock for an average price of $42.83 per share for an aggregate purchase price of $6.0 billion. This repurchase authorization allows the network equipment provider to buy shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.