Cisco Systems Inc (NASDAQ: CSCO) has reported earnings for its first fiscal quarter (ending October 31) of $0.90 versus $0.65 for the same period a year ago — an increase of 38%. Relative to the consensus estimate of $1.03, this was a shortfall of $-0.13. For the latest four quarters through October 31, E.P.S. were $3.34 versus $2.77 for the same period a year ago — an increase of 21%.
Recent Price Action
On 11/15/23, Cisco Systems Inc (NASDAQ: CSCO) stock rose slightly by 0.2%, closing at $53.28. Relative to the market the stock has been exceptionally strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CSCO is expected to continue to be a major Value Builder.
Cisco Systems has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Cisco Systems has a slightly negative Appreciation Score of 40 but a good Power Rating of 77, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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