Cisco Systems, Inc. (NASDAQ:CSCO) [Trend Analysis] moved up reacts as active mover, shares an increase 0.13% to traded at $30.22 and the percentage gap between open changing to regular change was -0.17%.
Cisco (CSCO) released that appointment of Amy L. Chang, CEO and founder of Acfirm, Inc., to its BOD effective recently. CEO of Cisco, Chuck Robbins said that they are very happy to have Amy join their board and look forward to her contributions. “Amy is a Silicon Valley leader and she understands the power we have to reimagine the way we can do business. Her experience as an entrepreneur, an engineer, and an industry disruptor will be invaluable to Cisco and to our consumers in this new digital business environment.”
Finally, analysts shed their light over the CSCO price targets; maintaining price high target of 40 while at average the price target was 32.78 in contrast with the current price of 30.22. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.
So does the rankings given by analysts; let us highlight rankings table and we had 16 analysts recommending BUY ratings for current month and for previous month 16 stands on similar situation; while 14 for the current month as compared to 14 analysts recommending for HOLD from the pool for previous month. While 3 stands at overweight and 1 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Overweight.
The firm’s current ratio calculated as 3.20 for the most recent quarter. The firm past twelve months price to sales ratio was 3.08 and price to cash ratio remained 2.30. As far as the returns are concern, the return on equity was recorded as 17.40% and return on investment was 11.40% while its return on asset stayed at 9.20%. The firm has total debt to equity ratio measured as 0.45.
Ciena Corporation (NYSE:CIEN) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -2.84% to $20.21. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked CIEN in recent few months. In ratings table the CIEN given BUY ratings by 15 analysts in current phase and 1 analyst suggest it as overweight security. . CIEN. While 7 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, consensus pool recommends it as Overweight security.
The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.46 at current month while compared with $0.46 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.30 and on annual basis FY 2016 estimate trends at current was for $1.43 as compared to one month ago of $1.43, and for next year per share earnings estimates have $1.72.
The share price of CIEN attracts active investors, as stock price of week volatility recorded 3.42%. The stock is going forward to its 52-week low with 29.39% and lagging behind from its 52-week high price with -20.62%.