Cisco Systems, Inc. (NASDAQ:CSCO) registered a 0.13% increase, still its new closing price is 38.46% up from the company’s 1 year high of 31.62.It posted -1.15% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 10 buy or better ratings. The 36 stock analysts following this company have an average price target at $33.11, with individual PT in the $25.00-$38.00 range. The shares moved at $30.03, implying that brokerage firms see shares gaining about 30.39% in twelve months time.
Cisco Systems, Inc. (CSCO) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 0.22% rise year to date. A SVP & Chief Marketing Officer at Cisco Systems, Inc. (CSCO) offloaded shares in a transaction closed on Friday December 23, 2016. Walker Karen sold 1,793 shares in the company at $30.41 each and collected $54,001 in proceeds. Walker Karen now owns 183,275 shares in the company after this transaction. A Executive Chairman in the company, CHAMBERS JOHN T, disclosed a transaction on Wednesday November 23, 2016 that ended up generating $7,430,000 from the sale of 250,000 shares at $29.72 per share.
Cisco Systems, Inc. (NASDAQ:CSCO) Upcoming Results on Tap
Cisco Systems, Inc. will next provide financial results for the October 2017 quarter. Stock analysts expect it to report per-share earnings of $0.61 in that period. Sales during the quarter are predicted to arrive at $12.29 billion.
Earnings surprise history: Last quarter, the company posted approximately $12.35 billion in revenue and EPS of $0.61. The mean forecast was for $12.34 billion and $0.59 a share, respectively. One quarter earlier, revenue for the stock was at $12.64 billion, with earnings at $0.63/share.
Cisco Systems, Inc. (CSCO) Brokerage Update
Cisco Systems, Inc. (CSCO) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Goldman, according to news reported on Wednesday June 15, 2016.Another important research note was issued by JP Morgan on Wednesday April 06, 2016.The firm upgraded CSCO to Neutral from Underweight. Over the last six months and over the last three months, the shares of Cisco Systems, Inc. (CSCO), have changed 2.07% and 0.22%, respectively.
Cisco Systems, Inc. (NASDAQ:CSCO) on January 17, 2017 announced a new data and analytics training portfolio and significant updates to its data center certification track. The new data and analytics offerings focus on integrated data management and virtualization, teaching in-demand skills needed to connect data, processes and experiences and make better business decisions. The revised data center certifications make sure that practitioners are uniquely qualified for key roles in sophisticated data center environments.
The ability to collect and analyze data, create processes and drive experiences is necessary for digital business transformation. Enterprises need to access data from anywhere, analyze it and leverage it to make real-time decisions closer to where that data was captured. When done correctly, it can fuel innovation and improve business outcomes. Cisco is preparing professionals for today’s expanding job roles to keep IT practitioners at the forefront of innovation.
New Data and Analytics Training Portfolio
- The new data and analytics training offerings teaches learners an agile data integration method that simplifies access to information. This streamlined approach lets businesses pull greater value from growing volumes of data more quickly, without the need for additional resources.
- The Integrated Infrastructure for Big Data and Analytics course trains an individual to design scalable, reliable and intelligent data center solutions using Cisco UCS® integrated infrastructure for big data and analytics.
- The Data Virtualization training provides practical, hands-on skills with the Cisco® Data Virtualization Platform, including the Cisco Information Server and Business Directory.