Cisco Systems (CSCO) stock rises 0.73% while market drops

From Nasdaq: 2025-02-03 17:45:22

Cisco Systems (CSCO) closed at $61.04, up 0.73%. It outperformed the S&P 500, which had a 0.76% daily loss. The Dow lost 0.28% and the Nasdaq dropped 1.2%. Over the past month, CSCO gained 2.96%, surpassing the sector and S&P 500 gains.

Analysts predict Cisco Systems will report an EPS of $0.91, a 4.6% increase from the previous year. Revenue is expected to be $13.86 billion, up by 8.36%. For the fiscal year, estimates forecast earnings of $3.65 per share and revenue of $55.93 billion.

Recent analyst estimate changes for Cisco Systems suggest positive business outlook. Investors can use the Zacks Rank system, which considers these changes. CSCO currently holds a Zacks Rank of #3 (Hold). The Zacks Rank system has a history of success, with #1 stocks delivering an average annual return of +25% since 1988.

Cisco Systems has a Forward P/E ratio of 16.62, higher than the industry average of 16. Its PEG ratio is 3.68, compared to the industry’s average of 1.22. The Computer – Networking industry is in the top 29% of all industries with a Zacks Industry Rank of 71. Stay tuned to Zacks.com for updates on these metrics.

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Read more at Nasdaq: Cisco Systems (CSCO) Advances While Market Declines: Some Information for Investors