Company Update: Cisco Systems Inc. (NASDAQ:CSCO) – Possible Problems for These ETFs if the 4 Horsemen Slowdown

Cisco Systems Inc. (NASDAQ:CSCO)

[ETF Trends] – Membership in the club known as the Four Horsemen of the Nasdaq seems like it is always changing. At one point in the 1990s, that club was comprised of Cisco (NasdaqGM: CSCO), Dell (NasdaqGM: DELL), Intel …
Read more on this.

Cisco Systems, Inc. (CSCO), valued at $119.54B, started trading this morning at $22.62.

Today, shares have traded between $22.23 and $22.64 per share and has traded between $16.68 and $26.49 over the past 12 months.

Priced at 13.00x this year’s forecasted earnings, CSCO shares are relatively inexpensive compared to the industry’s 34.79x forward p/e ratio.

The company pays shareholders $0.68 per share in dividend income per year, for a current yield of 3.00%.

Consensus earnings for the current quarter by the 34 sell-side analysts covering the stock is an estimate of $0.51 per share, which would be $0.04 better than the year-ago quarter and a $0.00 sequential decrease. Investors should also note that the full-year EPS estimate of $2.01 is a $0.16 improvement when compared to the previous year’s annual results.

The quarterly earnings estimate is predicated on a consensus revenue forecast of $12.40 Billion. If reported, that would be a 6.07% increase over the year-ago quarter.

MKM Partners downgraded CSCO from Buy to Neutral (Oct 16, 2013).
Previously, ISI Group upgraded CSCO from Cautious to Neutral.

The average price target for CSCO shares by the analysts covering the stock is $26.62, which is 17.68% above where the stock opened this morning.

Cisco Systems Inc. (NASDAQ:CSCO), designs, manufactures and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, storage products and much more.

Tag Helper ~ Stock Code: CSCO | Common Company name: Cisco | Full Company name: Cisco Systems Inc. (NASDAQ:CSCO) .

Share the News | facebooktwittergoogle_plusredditlinkedin |

NYSE, NASDAQ, Market Data, Earnings Estimates, Analyst Ratings and Key Statistics provided via Yahoo Finance, unless otherwise specified. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Jutia Group will not be liable for any errors, incompleteness or delays, or for any actions taken in reliance on the data displayed herein.

This post is over 2 years old. Sometimes images and links no longer work since they are from other sites. We have no control over these sites and we are sorry for this if it makes harder to understand the article.

Related Articles

Click for a Random Article: [This Month] | [This Year] | [All Time]

Comments are closed.