Company Update (NASDAQ:CSCO): Is Your Business on the Verge of Digital Disruption? New Cisco Research Reveals Nearly Half of All Retailers Are at Risk

[Marketwired] – National Retail Federation Convention and Expo — Cisco — $506 billion. That’s the digital value the retail industry has the potential to generate over the next three years. Looking out over the next … Read more on this. Cisco Systems, Inc. (CSCO) , with a current value of $119.90B, opened this morning at $23.93. Today’s price range has been between $23.57 and $24.43 per share with the price of the stock fluctuating between $23.03 to $30.31 over the last 52 weeks. Priced at 10.41x this year’s forecasted earnings, CSCO shares are relatively inexpensive compared to the industry’s 11.27x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $0.84 per share annually in dividends, yielding 3.56%. In a review of the consensus earnings estimate this quarter, 35 sell-side analysts are looking at $0.54 per share, which would be $0.01 better than the year-ago quarter and a $0.02 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.27, which would be a $0.06 improvement when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $11.77 Billion. If realized, that would be a 1.42% decrease over the year-ago quarter. Recently, Drexel Hamilton Initiated CSCO at Buy (Oct 9, 2015). Previously, Citigroup Initiated CSCO at to Buy. The average price target for CSCO shares is $30.82, which is 28.79% above where the stock opened this morning. See more in (NASDAQ:CSCO) Similar Articles: Company Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Study Reveals: Convergence of Service and Digital Journeys to Resolve ‘Service Dilemma’ in Manufacturing Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Investments and Partnership in Digital Acceleration Drive – Report on Cisco systems Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Apple partners with Cisco to boost enterprise business