Stock Update (NASDAQ:CSCO): Buy Cisco, Get Its Dividend as Your Bonus

[at TheStreet] – Cisco has tons of ways to return cash to shareholders in 2016 and 2017 via buybacks and dividends. That’s one reason it’s in Jim Cramer’s charitable trust portfolio. Read more on this. Cisco Systems, Inc. (CSCO) , with a current value of $143.92B, started the session at $28.34. Looking at the stock, its one day range is $28.26 to $28.68 with its 52-week range being $22.46 to $29.90. Cisco (CSCO) shares are currently priced at 12.22x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 19.88x earnings multiple for the same period. The company pays shareholders $1.04 per share annually in dividends, yielding 3.72%. In a review of the consensus earnings estimate this quarter, 35 sell-side analysts are looking at $0.55 per share, which would be $0.01 better than the year-ago quarter and a $0.01 sequential decrease. The full-year EPS estimate is $2.30, which would be a $0.09 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.99 Billion. If reported, that would be a 1.24% decrease over the year-ago quarter. In terms of ratings, Jefferies upgraded CSCO from Hold to Buy (Feb 11, 2016). Previously, Macquarie upgraded CSCO from Underperform to Neutral. When considering if the stock is under or overvalued, the average price target is $28.68, which is 1.20% above where the stock opened this morning. See more in (NASDAQ:CSCO) Similar Articles: Company Update: Cisco Systems Inc (NASDAQ:CSCO) – Here’s One Reason Cisco (CSCO) Stock Is Down Today Company Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco (CSCO) Stock Higher on Recent Investments Stock Update: Cisco Systems Inc (NASDAQ:CSCO) – Cisco (CSCO) Stock Up On German Investment Plan, Synata Acquisition