Cisco Systems (CSCO) closed at $68.92, up +1.47%, outperforming the S&P 500. Its shares have risen by 1.52% over the past month. Analysts predict an EPS of $0.98 and revenue of $14.77 billion in the upcoming earnings report. The Zacks Rank system rates CSCO as a #3 (Hold) stock.
The industry rank for Computer – Networking is 45, in the top 19% of all industries. CSCO has a Forward P/E ratio of 16.8, trading at a premium to the industry average. The PEG ratio is 2.35, higher than the industry average of 1.11. Monitor these metrics on Zacks.com for insights.
Zacks Research Chief identifies a little-known satellite-based communications firm as a top stock pick with potential to double. This company operates in the trillion-dollar space industry with a growing customer base. Analysts foresee a revenue breakout in 2025. Get more stock recommendations from Zacks Investment Research.
Read more at Nasdaq: Cisco Systems (CSCO) Surpasses Market Returns: Some Facts Worth Knowing
