Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Canada Launches the Women Entrepreneurs’ Circle to Enhance the Digital Capacity and Success of Canadian Women Entrepreneurs

[Marketwired] – Cisco Canada announced today the launch of the Cisco® Women Entrepreneurs’ Circle. Through this program Cisco is championing the success of Canadian women leading high-growth businesses by providing them … Read more on this. Cisco Systems, Inc. (CSCO) , currently valued at $124.90B, opened at $24.63. Looking at today’s market, CSCO one day range is $24.46 to $24.67 with a one year range of $23.03 to $30.31. CSCO shares are currently priced at 10.84x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 11.54x forward p/e ratio. And for income investors, the company pays shareholders $0.84 per share annually in dividends, yielding 3.32%. Consensus earnings for the current quarter by the 35 sell-side analysts covering the stock is an estimate of $0.54 per share, which would be $0.01 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $2.27 which would be a $0.06 better than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.77 Billion. If reported, that would be a 1.42% decrease over the year-ago quarter. In terms of ratings, Drexel Hamilton Initiated CSCO at Buy (Oct 9, 2015). Previously, Citigroup Initiated CSCO at to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $30.82, which is 25.13% above where the stock opened this morning. See more in (NASDAQ:CSCO) Similar Articles: Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Will Cisco (CSCO) Stock Be Helped by Efforts to Enhance Security Portfolio? Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Investments and Partnership in Digital Acceleration Drive – Report on Cisco systems Market Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco Adds Five New Silicon Valley Startups to Entrepreneurs in Residence Program