Cisco Systems (CSCO) outperformed the market in the past month with positive earnings and revenue growth

From Nasdaq: 2024-12-24 09:00:17

Cisco Systems (CSCO) is closely watched by Zacks.com visitors due to its recent performance. The stock returned +0.4% in the past month, outperforming the Zacks S&P 500 composite. Analysts expect earnings of $0.91 per share for the current quarter, with a +4.6% change from last year. The Zacks Rank for Cisco is currently #3 (Hold).

Earnings estimate revisions play a crucial role in determining a stock’s performance. Cisco’s consensus earnings estimate for the next fiscal year is $3.89, reflecting a +6.9% change from the previous year. The company’s revenue growth estimates for the current and next fiscal years are +4% and +3.9%, respectively. Cisco reported revenues of $13.84 billion in the last quarter, with a -5.6% change year-over-year.

Valuation metrics like P/E ratios help assess a stock’s current value. Cisco is graded C on Zacks Value Style Score, indicating it’s trading at par with its peers. This suggests that Cisco may perform in line with the broader market in the near term. Check out Zacks.com for more insights on Cisco’s potential performance.



Read more at Nasdaq: Here is What to Know Beyond Why Cisco Systems, Inc. (CSCO) is a Trending Stock