|Bid||25.00 x 500|
|Ask||27.75 x 200|
|Day's Range||27.56 - 27.78|
|52 Week Range||22.40 - 30.96|
|PE Ratio (TTM)||17.55|
|Dividend & Yield||0.40 (1.43%)|
|1y Target Est||N/A|
Cisco Systems (CSCO) is expected to report earnings this afternoon, after the closing bell, and analysts have been tuning up their financial models in advance of that the last couple days. Tim Long with BMO Capital, who has a Market Perform rating on the stock, and a $32 price target, notes today that he has an estimate roughly in line with consensus, modeling $12.1 billion in revenue and 61 cents EPS. Long thinks security will again be a bright spot, while Cisco is sure to have lost ground again in switching to Arista Networks (ANET) and Juniper Networks (JNPR): We are roughly in line with both consensus revenue expectations and EPS for the July quarter.
The enterprise networking specialist's fourth-quarter results left both its own guidance and Wall Street's forecasts far behind.
George Kurian talks about NetApp's changing business and the tech industry.