Cisco Systems Company Profile (NASDAQ:CSCO)

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

Cisco Systems announced a quarterly dividend on Wednesday, February 15th. Stockholders of record on Thursday, April 6th will be given a dividend of $0.29 per share on Wednesday, April 26th. This represents a $1.16 annualized dividend and a dividend yield of 3.68%. The ex-dividend date is Tuesday, April 4th. This is an increase from Cisco Systems's previous quarterly dividend of $0.26. View Cisco Systems' Dividend History.

Cisco Systems, Inc. (NASDAQ:CSCO) released its earnings results on Wednesday, May, 17th. The company reported $0.60 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.02. The firm had revenue of $11.94 billion for the quarter, compared to analysts' expectations of $11.90 billion. Cisco Systems had a net margin of 21.73% and a return on equity of 17.50%. The firm's quarterly revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $0.57 earnings per share. View Cisco Systems' Earnings History.

Cisco Systems updated its fourth quarter earnings guidance on Wednesday, May, 17th. The company provided EPS guidance of $0.60-0.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.62. The company issued revenue guidance of down 4-6% to $11.88-12.13 billion, compared to the consensus revenue estimate of $12.53 billion.

32 brokers have issued 1-year target prices for Cisco Systems' stock. Their forecasts range from $29.00 to $40.00. On average, they expect Cisco Systems' stock price to reach $35.23 in the next twelve months. View Analyst Ratings for Cisco Systems.

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

• 1. 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)
• 2. According to Zacks Investment Research, "Cisco Systems is the leading provider of IP-based networking and other products. Intensifying competition from several smaller players, slowing order growth from service providers and challenges in the emerging markets are the primary headwinds. The company has been losing market share and revenues continue to decline due to intensifying competition amid sluggish IT-spending. Nonetheless, we believe Cisco’s expanding footprint in the rapidly growing security and data center market are promising. The  AppDynamics acquisition will also help the company to gain traction in the application and business monitoring space. Moreover, partnerships with the likes of Pure Storage, salesforce.com and IBM will help Cisco to gain signficant traction in the data center, cloud and Internet of Things (IoT) market in the long haul. Further, continued share buyback and dividend hikes are positives." (5/15/2017)
• 3. 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)
• 4. Needham & Company LLC analysts commented, "We come away from the Cisco print thinking the company is running hard to hold its ground. The shift to subscription is estimated to have trimmed revenues by 1-2%. OK, but revenues declined by 3% on an asreported basis and 2% adjusting for the divestiture against an easy comparison. If it was for offshore cash repatriation and tax relief, we think the shares would be lower. Switching declined 5% and Routing down 10%. These core product areas still account for over half of Product Sales and likely half of Service Revenues. Further, despite exiting the near-breakeven Service Provider Video business, Product GMs continue to slide. Cisco has cash and a potential for a windfall, but we don't see growth." (2/16/2017)

Cisco Systems saw a increase in short interest in May. As of May 15th, there was short interest totalling 38,670,547 shares, an increase of 2.7% from the April 28th total of 39,736,641 shares. Based on an average daily trading volume, of 17,414,402 shares, the short-interest ratio is currently 2.2 days. Approximately 0.8% of the company's shares are sold short.

Some companies that are related to Cisco Systems include Juniper Networks (JNPR), Palo Alto Networks (PANW), Zayo Group Holdings (ZAYO), Finisar (FNSR), Gigamon (GIMO), Super Micro Computer (SMCI), Extreme Networks (EXTR), Silicom (SILC), Digi International (DGII), Black Box (BBOX), MRV Communications (MRVC), Lantronix (LTRX) and Echelon (ELON).

Cisco Systems' management team includes the folowing people:

• John T. Chambers, Executive Chairman of the Board
• Charles H. Robbins, Chief Executive Officer, Director
• 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 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 variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.88%), BlackRock Inc. (6.78%), State Street Corp (4.30%), Bank of New York Mellon Corp (2.36%), Wellington Management Group LLP (2.23%) and FMR LLC (2.11%). 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, Michael D Capellas, 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 Ameriprise Financial Inc., Parametric Portfolio Associates LLC, State Street Corp, Diamond Hill Capital Management Inc., Lazard Asset Management LLC, Investec Asset Management LTD, Schroder Investment Management Group and RidgeWorth Capital Management LLC. Company insiders that have sold Cisco Systems stock in the last year include Carol Bartz, Charles Robbins, Chris Dedicoat, John L Hennessy, John T Chambers, Karen Walker, M Michele Burns, Mark D Chandler, Pankaj Patel, Prat Bhatt, Rebecca Jacoby, Roderick C Mcgeary and Steven M West. View Insider Buying and Selling for Cisco Systems.

Cisco Systems' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Vanguard Group Inc., Wellington Management Group LLP, Bank of New York Mellon Corp, Geode Capital Management LLC, Swiss National Bank and Karp Capital Management Corp. 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 $31.50.