Company Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Schedules Conference Call for Q2 Fiscal Year 2016 Financial Results

[Marketwired] – Cisco has scheduled a conference call for Wednesday, February 10, 2016, at 1:30 PM ; 4:30 PM to announce its second quarter fiscal year 2016 financial results for the period ending Saturday, January 23, … Read more on this. Cisco Systems, Inc. (CSCO) , currently valued at $118.93B, started the session at $23.70. Shares have traded today between $23.30 and $23.90 per share with a one year range of $22.47 to $30.31. CSCO shares are currently priced at 10.30x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 10.47x earnings multiple for the same period. And for passive income investors, the company pays shareholders $0.84 per share annually in dividends, yielding 3.59%. According to a consensus of 35 analysts, the earnings estimate of $0.54 per share would be $0.01 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $2.27, which would be a $0.06 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.76 Billion. If reported, that would be a 1.51% decrease over the year-ago quarter. In terms of ratings, Drexel Hamilton Initiated CSCO at Buy (Oct 9, 2015). Previously, Citigroup Initiated CSCO at to Buy. The average price target for CSCO shares is $30.75, which is 29.75% above where the stock opened this morning. See more in (NASDAQ:CSCO) Similar Articles: Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Deutsche Bank and Cisco to Host a Conference Call on Next Generation Security Market Update: Cisco Systems Inc (NASDAQ:CSCO) – REMINDER: Cisco Schedules Conference Call for Q4 and Fiscal Year 2015 Financial Results Company Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Schedules Conference Call for Q4 and Fiscal Year 2015 Financial Results