Stock Update (NASDAQ:CSCO): Cisco Announces Upcoming Event With the Financial Community

[Marketwired] – Cisco today announced that it will participate in the following event with the financial community during the month of January. This event will be webcast. Interested parties can view the event on Cisco’s … Read more on this. Cisco Systems, Inc. (CSCO) , with a current value of $133.04B, opened at $26.64. Shares have traded today between $26.18 and $26.66 per share with the price of the stock fluctuating between $23.03 to $30.31 over the last 52 weeks. CSCO shares are currently priced at 11.96x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 12.01x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $0.84 per share annually in dividends, yielding 3.09%. 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 based on a consensus revenue forecast of the current quarter of $11.78 Billion. If realized, that would be a 1.34% decrease over the year-ago quarter. Recently, Drexel Hamilton Initiated CSCO at Buy (Oct 9, 2015). Previously, Citigroup Initiated CSCO at to Buy. When considering if the stock is under or overvalued, the average price target is $30.63, which is 14.98% above where the stock opened this morning. See more in (NASDAQ:CSCO) Similar Articles: Stock Update (NASDAQ:CSCO): Cisco Announces Upcoming Events With the Financial Community Market Update (NASDAQ:CSCO): REMINDER: Cisco Announces Upcoming Event With the Financial Community Company Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Announces Upcoming Events With the Financial Community
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