From Nasdaq: 2024-07-10 17:45:18

Cisco Systems (CSCO) closed trading at $46.27, up 1.03%, exceeding S&P 500 gains. The stock previously rose by 0.07% over a month, falling short of sector and S&P 500 gains. Cisco is expected to report an EPS of $0.85 and revenue of $13.51 billion, showing declines year-over-year.

Analysts predict full-year earnings of $3.71 and revenue of $53.67 billion, marking decreases from last year. Recent analyst revisions indicate changing business patterns. Utilize Zacks Rank for actionable ratings. Cisco holds a Zacks Rank of #3 (Hold) currently.

Cisco Systems has a Forward P/E ratio of 12.36 and a PEG ratio of 2.25. The Computer – Networking industry ranks 206 out of 250+ industries. Zacks Industry Rank shows top 50% ranked industries outperform the bottom half considerably. Stay updated on stock-impacting metrics for upcoming trading sessions on Zacks.com.

Zacks experts select a “Single Best Pick to Double,” a chemical company with 65% gains in the past year and a strong upside potential. With soaring earnings estimates and share repurchase plans, this stock could surpass recent top performers like Boston Beer and NVIDIA. Visit Zacks.com for more insights.



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