Cisco Systems, Inc. (NASDAQ:CSCO) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.62% to $30.56. Cowen & Co. analysts Gregg Moskowitz and Robert Stone, and colleagues, today have good news for a number of enterprise technology companies, including Microsoft (MSFT), and SAP (SAP), and Cisco Systems (CSCO), based on a survey of IT executives that indicates “healthy spending” in 2017.
Lets us look over what analysts have to say about performance of the CSCO. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.56 as compared to the next year Q1 current trend of $0.58. While on annual basis the current EPS estimates trend for FY 2017 came in for $2.49 as compared to three months ago $2.49.
The stock prices target chart showed high target of 38.00 kept by analysts at WSJ while the average price target was for 32.61 as compared to current price of 30.56. Somehow, the stock managed to gain BUY ratings by 16 analysts in current tenure as 3 analysts having overweight ratings, 14 recommend as HOLD, 0 stands at Underweight and 1 gave it as a SELL security for current period. Overall, the consensus ratings were for Overweight by the pool of analysts.
The share price of CSCO attracts active investors, as stock price of week volatility recorded 1.43%. The stock is going forward to its 52-week low with 39.70% and lagging behind from its 52-week high price with -4.17%.
Workday, Inc. (NYSE:WDAY) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.68% to close at $68.66 with the total traded volume of 1.86 Million shares. Finally to see some strong financial remarks by WSJ over WDAY performance. Out of the pool of analysts 12 gave their BUY ratings on the stock in previous month as 13 analysts having BUY in current month. The stock was ranked as Underweight by 0 analysts while 3 analysts gave SELL rank. Majority ranked Overweight from the pool of analysts.
The next year first quarter EPS estimates trend for current period shows $-0.01 while one month ago this estimate trend was for $0.01. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $0.28 and for the one month was for $0.32 as compared to three months ago was for $0.32. Whereas, WDAY received highest price target of 104.00 and low target of 56.00. The stock price target chart showed average price target of 81.31 as compared to current price of 68.66.
The firm has institutional ownership of 90.20%, while insider ownership included 1.20%. Its price to sales ratio ended at 9.60. WDAY attains analyst recommendation of 2.60 with week performance of -1.27%.