Stock Watch: Cisco Systems, Inc. (NASDAQ:CSCO)

Cisco Systems, Inc. (NASDAQ:CSCO)  February weekly call option implied volatility is at 75, February is at 40, March is at 27, April is at 22; compared to its 26-week average of 20 according to Track Data, suggesting large near term price movement into the expected release of Q2 results after the market close today. 

According to analysts, Cisco Systems, Inc. is expected to report earnings per share for the current fiscal quarter of $0.45. This is the consensus mean estimate based on the individual covering sell-side analysts’ reported numbers. The company last reported earnings for the period ending on 2014-10-31 of $0.48.

On a consensus basis, Wall Street sell-side analysts have a mean target price of $28.8 for Cisco Systems, Inc.. This number is based on the mean estimate from the 20 research firms that recently issued reports on the company.The most recent price target update was made on 2015-02-05.

There are 20 research firms in total that have issued ratings on Cisco Systems, Inc. (NASDAQ:CSCO) within the past year. The consensus, or mean target price of the Wall Street analysts covering the firm is $28.8. The most recent revision to the consensus target was on 2015-02-05.

Analysts are predicting that Cisco Systems, Inc. (CSCO) will report $0.45 earnings per share when they next issue their quarterly earnings release on or around 2015-02-11. The consensus mean estimate is the calculated mean of all brokerage sell-side analysts that issue earnings estimates for the company. In the most recent quarter the company reported earnings of $0.48 that ended on 2014-10-31.

Cisco Systems, Inc. (CSCO) has a 1.67 consensus analyst rating on the stock based on an arithmetical average of the 20 ratings given by the brokerage analysts covering the company. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. The highest estimate of the 20 covering analysts sees the stock climbing to $33 within the next year while the lowest estimate places the 12-month target price at $17.

Looking ahead to full year estimates, analysts have placed the consensus earnings per share estimate for the current year at $1.92. The most bullish analyst sees the company reporting earnings per share of $1.99 while the most bearish analyst is predicting a current year EPS number of $1.86. Looking further ahead to the next three to five years, the long term EPS growth rate on a consensus basis is 7.85%, based on the 8 analysts providing longer term projections in their models.

Cisco Systems, Inc. (Cisco) designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. The Company provides a line of products for transporting data, voice, and video within buildings, across campuses, and worldwide. Its products are designed to transform how people connect, communicate, and collaborate. Its products are installed at enterprise businesses, public institutions, telecommunications companies, commercial businesses, and personal residences. The Company operates in three segments: The Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). In October 2013, Cisco Systems Inc completed the acquisition of Sourcefire, Inc. In October 2013, the Company announced that it has completed the acquisition of privately held WHIPTAIL.