[Marketwired] – Cisco — The IE Business School has chosen the Cisco Unified Computing System server platform for the update of its Data Processing Centre in Madrid. The renovation has enabled IE to consolidate and virtualise …
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Cisco Systems, Inc. (CSCO), valued at $110.19B, began trading this morning at $21.32.
Shares have traded today between $21.30 and $21.44 per share and has traded between $19.98 and $26.49 over the past 12 months.
CSCO shares are currently priced at 10.81x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 22.02x forward p/e ratio.
And for passive income investors, the company pays shareholders $0.76 per share annually in dividends, yielding 3.60%.
In a review of the consensus earnings estimate this quarter, 35 sell-side analysts are looking at $0.48 per share, which would be $0.03 worse than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $1.99 is a $0.03 worse when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.36 Billion. If reported, that would be a 7.04% decrease over the year-ago quarter.
Recently, Standpoint Research upgraded CSCO from Hold to Buy (Nov 14, 2013). Previously, Deutsche Bank downgraded CSCO from Buy to Hold.
The average price target for CSCO shares is $23.77, which is 11.49% above where the stock opened this morning.
Summary (NASDAQ:CSCO) : Cisco Systems, Inc. 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, and storage products that provide connectivity to end users, workstations, IP phones, access points, and servers, as well as function as aggregators on local-area networks and wide-area networks; and routers that interconnects public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers set-top boxes, cable modem termination systems, hybrid fiber coaxial access network products, quadrature amplitude modulation products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising IP phones, call center and messaging products, unified communications infrastructure products, and Web-based collaborative offerings, as well as telepresence systems; and security products such as firewall, intrusion prevention, remote access, virtual private networks, unified clients, network admission control, Web gateways, and email gateways, which deliver identity, network, and content security solutions for mobile, collaborative, and cloud-enabled businesses. Further, the company offers wireless products consisting of wireless access points and network managed services, as well as standalone, switch-converged, and cloud managed solutions; and data center products, which include blade and rack servers, fabric interconnects, software, and server access virtualization solutions; and other products, such as emerging technologies and other networking products. Additionally, it provides technical support services and advanced services. The company was founded in 1984 and is headquartered in San Jose, California.
Tag Helper ~ Stock Code: CSCO | Common Company name: Cisco | Full Company name: Cisco Systems Inc (NASDAQ:CSCO) .