Cisco Systems (CSCO) stock fell by 1.06% compared to previous close, underperforming S&P 500.

From Nasdaq: 2024-07-22 17:45:20

Cisco Systems (CSCO) closed trading at $46.82 with a -1.06% change from previous close, underperforming S&P 500. CSCO saw a 0.06% gain in the past month, outperforming its sector but lagging behind the S&P 500. Analysts project an EPS of $0.85 and revenue of $13.51 billion for Cisco’s upcoming earnings release.

Investors should monitor analyst revisions, as they impact stock prices. The Zacks Rank, ranging from #1 (Strong Buy) to #5 (Strong Sell), helps assess these changes. Cisco Systems currently holds a Zacks Rank of #4 (Sell). With a Forward P/E ratio of 12.77 and a PEG ratio of 2.32, CSCO is fairly valued compared to industry averages.

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Read more at Nasdaq: Cisco Systems (CSCO) Stock Falls Amid Market Uptick: What Investors Need to Know