Cisco Systems (NASDAQ: CSCO) recently received a number of ratings updates from brokerages and research firms:
Cisco Systems Inc. (NASDAQ:CSCO) traded up 1.28% during trading on Friday, hitting $30.09. 17,678,862 shares of the stock were exchanged. The firm has a market cap of $151.26 billion, a PE ratio of 14.40 and a beta of 1.42. Cisco Systems Inc. has a 12-month low of $22.46 and a 12-month high of $31.95. The stock’s 50-day moving average price is $30.66 and its 200-day moving average price is $30.06.
Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 16th. The network equipment provider reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.02. The firm had revenue of $12.35 billion for the quarter, compared to analyst estimates of $12.34 billion. Cisco Systems had a net margin of 21.73% and a return on equity of 17.50%. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 earnings per share. On average, equities analysts expect that Cisco Systems Inc. will post $2.38 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 26th. Investors of record on Wednesday, October 5th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend was Monday, October 3rd. Cisco Systems’s payout ratio is presently 49.52%.