236.62 0.00 (0.00%)
After hours: 4:45PM EST
|Bid||0.00 x 1000|
|Ask||250.00 x 800|
|Day's Range||234.66 - 245.00|
|52 Week Range||206.86 - 313.37|
|Beta (3Y Monthly)||1.80|
|PE Ratio (TTM)||80.32|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||298.14|
Cisco Systems (CSCO) hopes the conclusion of the recent US midterm elections will create room for healthy discussions with China on trade. The United States and China have targeted each other with import tariffs in recent months, complicating the business environment for many companies involved in cross-border trade. President Donald Trump suggested last month that it was possible the United States and China would reach a deal on trade.
Cisco Systems (CSCO) is shrinking its customer experience team, the Register has reported. The layoffs in the customer experience department are part of the measures Cisco is taking to better align its resources with growth priorities, according to the company. Although Cisco is best known as a networking company, it has sought to diversify its business through efforts such as its expansion into the cybersecurity market.
The Zacks Analyst Blog Highlights: Motorola Solutions, Arista Networks, Altice USA, Telephone and Data Systems and Watts Water Technologies
While Cisco’s revenue fluctuated between $47 billion and $48 billion between fiscal 2013 and fiscal 2017, it is estimated to reach $55 billion by the end of fiscal 2021. Cisco has experienced revenue growth via acquisitions as well, and it acquired eight companies last year. Cisco has also diversified into software and cloud services, which has led to a recurring stream of subscription revenue.
Cisco’s (CSCO) Infrastructure business segment is the company’s largest segment and accounted for 57% of total revenue in fiscal 2018. Cisco is one of the top players in the infrastructure space and accounted for 50.1% of the Ethernet switch market and 35.7% in the routing market at the end of the second quarter. Cisco competes with China’s (FXI) Huawei and Arista Networks (ANET), two companies that have experienced robust revenue growth in a mature market.
A tech industry veteran with over two decades of financial management experience at large and mid-cap businesses, Brennan is Arista's Chief Financial Officer responsible for all aspects of the Company’s financial accounting, operations, controls and investor advocacy. Prior to joining Arista, she held executive management roles at Infinera Corporation (INFN), an intelligent transport networking company, and Maxtor Corporation, a multi-billion dollar information storage solutions company. Brennan is also a fellow of the Institute of Chartered Accountants and a public accounting alumna of Deloitte and Touche, having worked at the firm in both Ireland and the U.S.
I’ve been keeping an eye on Arista Networks Inc (NYSE:ANET) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe Read More...
The stock market today gave up big early gains to reverse lower Friday, but pared losses heading into the close. Apple and Starbucks were big movers on earnings.
Stock futures signaled the market rally will continue Friday, even as Apple fell sharply on weak guidance. Starbucks, Arista, Universal Display and Fortinet were big movers.
Arista Networks (ANET) delivered earnings and revenue surprises of 14.05% and 2.96%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Arista Networks Inc. shares rallied more than 9% in the extended session Thursday after the computer networking company reported third-quarter earnings that blew past Wall Street expectations. Arista said it earned $168.5 million, or $2.08 a share, in the quarter, compared with $133.7 million, or $1.68 a share, in the third quarter of 2017. Adjusted for one-time items, Arista earned $171.3 million, or $2.11 a share, compared with $128.2 million, or $1.62 a share, a year ago. Revenue rose 30% to $563.3 million, compared with $437.6 million a year ago. Analysts polled by FactSet had expected adjusted earnings of $1.85 a share on sales of $548.7 million. Arista stock ended the regular trading day up 4.6%.
On a per-share basis, the Santa Clara, California-based company said it had net income of $2.08. Earnings, adjusted for one-time gains and costs, were $2.11 per share. The results exceeded Wall Street ...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
Let's take a sneak peek at three major Telecom stocks scheduled to report earnings on Nov 1 to find out how things are shaping up for the upcoming quarterly results.