Cisco Systems (CSCO) Rises As Market Takes a Dip: Key Facts

Company Performance - Cisco Systems (CSCO) ended the latest trading session at $57.60, reflecting a +0.12% change from the previous day's close, outperforming the S&P 500's 0.09% loss [1] - Over the past month, Cisco's shares gained 0.05%, underperforming the Computer and Technology sector's 3.04% gain and outperforming the S&P 500's 0.29% loss [2] Earnings Forecast - Cisco is expected to report an EPS of$ 0.91, indicating a 4.6% growth year-over-year, with revenue projected at $13.86 billion, representing an 8.36% increase compared to the same quarter last year [3] - Full-year estimates predict earnings of$ 3.64 per share and revenue of $55.93 billion, reflecting year-over-year changes of -2.41% and +3.95%, respectively [4] Analyst Sentiment - Recent shifts in analyst projections for Cisco are crucial, as they often indicate short-term business trends and can influence share price momentum [5] - The Zacks Rank system, which assesses these estimate revisions, currently ranks Cisco at 3 (Hold), with a 0.18% decrease in the consensus EPS estimate over the last 30 days [7] Valuation Metrics - Cisco's Forward P/E ratio stands at 15.79, which is higher than the industry average of 15.13, indicating that Cisco is trading at a premium [8] - The company has a PEG ratio of 3.49, significantly above the Computer-Networking industry's average PEG ratio of 1.35, suggesting a higher expected earnings growth rate relative to its peers [9] Industry Ranking - The Computer-Networking industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [9][10]