Cisco Systems Company Profile (NASDAQ:CSCO)

Cisco Systems trades on the NASDAQ under the ticker symbol "CSCO."

Cisco Systems declared a quarterly dividend on Wednesday, September 13th. Stockholders of record on Thursday, October 5th will be paid a dividend of $0.29 per share on Wednesday, October 25th. This represents a $1.16 annualized dividend and a dividend yield of 3.39%. The ex-dividend date of this dividend is Wednesday, October 4th. View Cisco Systems' Dividend History.

Cisco Systems, Inc. (NASDAQ:CSCO) posted its quarterly earnings results on Wednesday, August, 16th. The company reported $0.61 EPS for the quarter, hitting analysts' consensus estimates of $0.61. The company earned $12.13 billion during the quarter, compared to analysts' expectations of $12.07 billion. Cisco Systems had a return on equity of 14.79% and a net margin of 19.98%. Cisco Systems's quarterly revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. View Cisco Systems' Earnings History.

Cisco Systems is scheduled to release their next quarterly earnings announcement on Wednesday, November, 15th 2017. View Earnings Estimates for Cisco Systems.

Cisco Systems issued an update on its first quarter earnings guidance on Wednesday, August, 16th. The company provided EPS guidance of $0.59-0.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.60. The company issued revenue guidance of down 1-3% to ~$11.98-12.23 billion, compared to the consensus revenue estimate of $12.08 billion.

31 brokerages have issued twelve-month price targets for Cisco Systems' stock. Their forecasts range from $29.00 to $40.00. On average, they expect Cisco Systems' stock price to reach $35.28 in the next year. View Analyst Ratings for Cisco Systems.

Here are some recent quotes from research analysts about Cisco Systems stock:

• 1. According to Zacks Investment Research, "Cisco's expanding footprint in the rapidly growing security market presents significant growth opportunity. Further, the company’s focus on driving cost improvement, operational efficiencies and productivity will help in margin expansion. Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive in our view. Moreover, the recently updated ACI solution will boost expertise in the SDN market. On a year-to-date basis, the company has outperformed the industry it belongs to. However, top-line will continue suffer from intensifying competition, slowing order growth from service providers and challenges in the emerging markets. We continue to believe that the time-consuming transition to subscription-based business model will hurt top line growth at least in the near term." (10/17/2017)
• 2. Morgan Stanley analysts commented, "ho-hum" (8/17/2017)
• 3. Drexel Hamilton analysts commented, "We continue to believe Cisco’s stock will receive investor support given the company’s rich dividend yield, attractive valuation (11.4x CY:18, ex-cash), expanding recurring revenue contribution, consistent execution and prime position as a beneficiary of potential revisions in repatriation policies. Also, Cisco is heading into its seasonally strongest quarter of the year. We believe Cisco will at least meet our 3Q:FY17 revenue estimate of $11.84 billion (Street is at $11.90 billion) and our EPS projection of $0.58 (Street is at $0.58). Our revenue estimate reflects a 2% QoQ increase in sales and inline with the five-year average uptick. Cisco’s 3Q:FY17 outlook calls for sales to fall by 2% to flat YoY (i.e., $11.76 billion to $12.0 billion) with pro forma EPS of $0.57-0.59." (5/16/2017)
• 4. Robert W. Baird analysts commented, "We like the acquisition and view SD-WAN as a large TAM with real ROI. This acquisition is unlikely to impact Cisco’s financials in the near term. We wrote a thought piece on the category in August 2016. Link: SD-WAN Thought Piece Limited financial disclosure. Cisco announced its intent to acquire Viptela for $610 million in cash and equity awards. The deal is expected to close in the 2H’C17. We believe the company was approaching $100 in run-rate revenue. Who is Viptela? In August, we called Viptela the leading pure-play based on conversations with industry participants. We believe it has particular momentum in Telco Service Provider, e.g. Verizon." (5/1/2017)
• 5. UBS AG analysts commented, "Cisco delivered a slight EPS beat and guided F3Q generally in-line with Street expectations. Product revenue disappointed in declining 2% YoY normalized as strength in security was offset by declines in core networking, but services growth was 5%. April results should be up slightly excluding the extra week a year ago. Cisco has been a mixed story with growth in new areas offset by deterioration in core switching and routing. We think management is looking to move fast: (1) Cisco has accelerated investments in the core to gain share and improve results; (2) the company's position in hyperconverged is lagging'HyperFlex is on a short leash; and (3) more and larger M&A may be coming with The Wall Street Journal highlighting "Cisco's License to Buy" and the Financial Times saying "Cisco Systems Open to Much Larger Acquisitions." We sensed a new aggressiveness when CEO Chuck Robbins told us we shouldn't rule out any size deal and M&A doesn't depend on cash repatriation. We think investors would like moves into adjacencies that enhance growth and recurring revenue." (2/16/2017)

Cisco Systems saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 57,495,223 shares, an increase of 0.9% from the September 15th total of 56,973,882 shares. Based on an average daily trading volume, of 20,961,815 shares, the short-interest ratio is presently 2.7 days. Approximately 1.2% of the shares of the stock are short sold.

Some companies that are related to Cisco Systems include QUALCOMM (QCOM), Telefonaktiebolaget LM Ericsson (ERIC), Harris Corporation (HRS), Motorola Solutions (MSI), Arista Networks (ANET), Alcatel Lucent SA (ALU), CommScope Holding Company (COMM), EchoStar Corporation (SATS), ARRIS International PLC (ARRS), Brocade Communications Systems (BRCD), ViaSat (VSAT), Belden (BDC), Lumentum Holdings (LITE), Ciena Corporation (CIEN), Finisar Corporation (FNSR), InterDigital (IDCC), Viavi Solutions (VIAV) and West Corp (WSTC).

Cisco Systems' management team includes the folowing people:

• John T. Chambers, Executive Chairman of the Board
• Charles H. Robbins, Chairman of the Board, Chief Executive Officer
• Kelly A. Kramer, Chief Financial Officer, Executive Vice President
• Rebecca J. Jacoby, Chief Operating Officer, Senior Vice President
• Christopher Dedicoat, Executive Vice President, Worldwide Sales and Field Operations
• Karen Sammis Walker, Senior Vice President, Chief Marketing Officer
• Mark Chandler, Senior Vice President - Legal Services, Chief Compliance Officer, General Counsel, Secretary
• Carol A. Bartz, Lead Independent Director
• Brenton L. Saunders, Director
• M. Michele Burns, Independent Director

Cisco Systems' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.33%), Swedbank (0.17%), APG Asset Management N.V. (0.12%), Strs Ohio (0.12%), PGGM Investments (0.09%) and Robeco Institutional Asset Management B.V. (0.09%). Company insiders that own Cisco Systems stock include Carol Bartz, Charles Robbins, Chris Dedicoat, John L Hennessy, John T Chambers, Karen Walker, Kristina M Johnson, M Michele Burns, Mark D Chandler, Pankaj Patel, Prat Bhatt, Rebecca Jacoby, Roderick C Mcgeary and Steven M West. View Institutional Ownership Trends for Cisco Systems.

Cisco Systems' stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Diamond Hill Capital Management Inc., Strs Ohio, Robeco Institutional Asset Management B.V., Meeder Asset Management Inc., State Treasurer State of Michigan, Private Asset Management Inc. and BB&T Corp. Company insiders that have sold Cisco Systems stock in the last year include Charles Robbins, Chris Dedicoat, John T Chambers, Karen Walker, Mark D Chandler, Prat Bhatt, Rebecca Jacoby and Roderick C Mcgeary. View Insider Buying and Selling for Cisco Systems.

Cisco Systems' stock was acquired by a variety of institutional investors in the last quarter, including Swedbank, PGGM Investments, Fisher Asset Management LLC, Adams Asset Advisors LLC, Private Capital Advisors Inc., Locust Wood Capital Advisers LLC, Rockefeller Financial Services Inc. and Wealth Enhancement Advisory Services LLC. View Insider Buying and Selling for Cisco Systems.

Shares of Cisco Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Cisco Systems stock can currently be purchased for approximately $34.25.