Skip to main content

Stock Update: Cisco Systems Inc (NASDAQ:CSCO) – John Chambers: How I Scaled Cisco

[at Bloomberg] – At the Bloomberg Breakaway Summit, Cisco Executive Chairman John Chambers shares his advice on growing your own giant company. He speaks with Bloomberg’s Cory Johnson. (Source: Bloomberg) Read more on this. Cisco Systems, Inc. (CSCO) , valued at $145.09B, opened at $28.52. During today’s session, CSCO traded between $28.48 to $28.98 and has traded between $22.46 and $29.62 over the past 12 months. Cisco (CSCO) shares are currently priced at 12.04x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -1.93x earnings multiple for the same period. The company pays shareholders $1.04 per share in dividend income per year, for a current yield of 3.72%. Consensus earnings for the current quarter by the 33 sell-side analysts covering the stock is an estimate of $0.60 per share, which would be $0.01 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $2.32, which would be a $0.11 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $12.58 Billion. If reported, that would be a 2.02% decrease over the year-ago quarter. More recently, JP Morgan upgraded CSCO from Underweight to Neutral (Apr 6, 2016). Previously, BofA/Merrill downgraded CSCO from Buy to Neutral. When considering if the stock is under or overvalued, the average price target is $30.82, which is 8.06% above where the stock opened this morning. See more in (NASDAQ:CSCO) Similar Articles: Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Systems (CSCO) Stock Rises, William Blair Applauds Apple Partnership Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Systems (CSCO) Stock Price Target Lowered at Pacific Crest Company Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Systems (CSCO) Stock Rises After Winning U.S. Patent Dispute
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.