Cisco Systems, Inc. (NASDAQ:CSCO) stock is worth $33.11

They were forecasting US$0.6 per share three months ago. Cisco Systems, Inc. are listed in the Technology sector within NASDAQ.

Cisco Systems (NASDAQ:CSCO) opened at 30.18 on Thursday.

Analysts on average were expecting adjusted earnings of 59 cents per share on revenue of $12.33 billion. (NASDAQ:CSCO) when the firm discloses quarterly earnings report, which is anticipated to be publicized this afternoon. In other words, the deck seems stacked for another beat from CSCO this week, so look for the outlook and growth projections to weigh on shares more than anything.

Most recently, Cisco Systems, Inc.

The stock is going forward its 52-week low with 37.37% and moving down from its 52-week high price with -5.77%. Now shares have been suggested as BUY from 2 brokerage firms and recommended as Strong Buy by 15 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 1 brokerage firms.6 brokerage firms have rated the company as a Hold.

Seth McNew owns shares of Apple and Cisco Systems.

In related news, Director John L. Hennessy sold 15,000 shares of the stock in a transaction dated Wednesday, September 21st. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. Earnings per share were $0.61. The Motley Fool recommends Cisco Systems. (NASDAQ:CSCO). Out of rating recommendations 10 have given the stock a Buy while 11 recommend the stock as Outperform. The stock next year first quarter current estimate trend for EPS was for $0.05 and on annual basis FY 2016 estimate trends at current was for $0.26 as compared to one month ago of $0.26, and for next year per share earnings estimates have $0.41. The revenues were $12.00M or 0.10% above the estimates. Crawford Investment Counsel Inc. raised its position in shares of Cisco Systems by 1.1% in the second quarter. During the same quarter in the previous year, the firm earned $0.59 EPS. The company has the Market capitalization of $16.41 Billion. Cisco Systems had a net margin of 21.81% and a return on equity of 17.64%. In addition, the operating margin (non-GAAP) for the quarter stood at 31.6%, over a percentage point higher than the comparable prior year period as shown below.

The growth estimate for Regions Financial Corporation (NYSE:RF) for the current quarter is 9.5 percent. Following the sale, the chief executive officer now directly owns 629,813 shares of the company’s stock, valued at $19,530,501.13. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention. The highest analyst price target is $40.00, which implies a rally of 67 percent. The median estimate represents a 13.14% increase from the last price. This calculation is derived by dividing the current share price by the projected earnings per share. It has met expectations 3 times and missed earnings 3 times. Strong Sell rating was given by 0 brokerage firms. The 28 stock analysts who cover the stock have an average PT at $33.11, with individual targets in the range of $25 to $38.