48.62 +0.18 (0.37%)
Pre-Market: 7:15AM EDT
|Bid||48.44 x 1300|
|Ask||48.63 x 1100|
|Day's Range||48.20 - 48.62|
|52 Week Range||33.17 - 48.64|
|PE Ratio (TTM)||2,422.00|
|Earnings Date||Nov 14, 2018|
|Forward Dividend & Yield||1.32 (2.72%)|
|1y Target Est||51.08|
Can Aggressive Marketing Policy Drive Nutanix's Business? Nutanix (NTNX) looks to strike large deals driven by its popularity in hyper-converged infrastructure (or HCI). As per Gartner, Nutanix holds the leadership position in Gartner’s Magic Quadrant.
The United States and China imposed fresh tariffs on each other's goods on Monday as the world's biggest economies showed no signs of backing down from an increasingly bitter trade dispute that is expected to hit global economic growth. Soon after the new duties went into effect, China accused the United States of engaging in "trade bullyism" and said it was intimidating other countries to submit to its will, the official Xinhua news agency said, reiterating China's willingness to fight if necessary.
U.S. tariffs that hit some $200 billion worth of Chinese products on Monday spare many high-profile consumer technology items such as "smart" watches and speakers, but the less flashy home modems, routers and internet gateways that make them work weren't so lucky. Consumer tech industry officials and the U.S. Customs and Border Protection agency say they expect billions of dollars worth of these products, including those designed for home use, will be subject to the 10 percent tariffs activated on Monday. The move will effectively create a two-tiered tariff structure for consumer internet, with many products, such as Fitbit (FIT.N) fitness trackers, Apple Inc's (AAPL.O) watch and Amazon.com Inc's (AMZN.O) Echo smart speaker being favored over routers and internet gateways from Arris International (ARRS.O), Netgear (NTGR.O), D-Link (2332.TW) and others.
U.S. tariffs that hit some $200 billion worth of Chinese products on Monday spare many high-profile consumer technology items such as "smart" watches and speakers, but the less flashy home modems, routers and internet gateways that make them work weren't so lucky. Consumer tech industry officials and the U.S. Customs and Border Protection agency say they expect billions of dollars worth of these products, including those designed for home use, will be subject to the 10 percent tariffs activated on Monday. The move will effectively create a two-tiered tariff structure for consumer internet, with many products, such as Fitbit fitness trackers, Apple Inc's watch and Amazon.com Inc's Echo smart speaker being favored over routers and internet gateways from Arris International, Netgear, D-Link and others.
The stock market backed off record highs Friday after the Dow Jones industrial average set a fresh record high. FANG stock Netflix (NFLX) continued to move up the right side of a new potential formation.
A changing strategy has the potential to catalyze Cisco Systems' (CSCO) stock price. Its move toward a subscription-based business model is gradually increasing recurring revenue. The company's growth potential in areas such as cybersecurity and in international markets also remains high.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Historically, Cisco Systems Inc (NASDAQ:CSCO) has paid aRead More...
Ericsson (ERIC) is acquiring CENX as part of its program to bolster its network automation capabilities as 5G network deployment gets underway. In the United States, Verizon (VZ) is close to activating 5G services in four cities. AT&T (T) is racing to launch 5G services in up to a dozen cities later in the year.
The departure of Cisco's collaboration chief is the latest in a string of leadership exits amid a management shakeup that began earlier this year.
SAN JOSE, Calif., Sept. 20, 2018-- Cisco announced that earlier today its Board of Directors declared a quarterly dividend of $0.33 per common share to be paid on October 24, 2018 to all shareholders of ...
Chairman and CEO of Cisco Systems Inc (NASDAQ:CSCO) Charles Robbins sold 217,420 shares of CSCO on 09/17/2018 at an average price of $47.28 a share.
The Zacks Analyst Blog Highlights: Advanced Micro Devices, Intel, Cisco, Hewlett Packard Enterprise and NVIDIA
In the latest trading session, Cisco Systems (CSCO) closed at $47.28, marking a -0.32% move from the previous day.
Cisco Systems (NASDAQ:CSCO) is a company trying to rebirth itself and that’s a tough act for any company. Known for its switches, routers and other hardware, CSCO stock was slow to awaken to the major changes in the technology markets that went from businesses buying and owning their own in-house equipment to subscribing to outsourced cloud services.
Shares of Microsoft Corp. fell 1.4% in morning trade to pace the Dow Jones Industrial Average's decliners, as part of broad weakness in the technology sector. The stock's weakness had little effect on the Dow's price, however, as the price decline shaved about 11 points off the Dow, which was rallying 173 points. Separately, Amazon.com Inc. was on track to pass Microsoft as the third largest digital ad platform in the U.S., according to eMarketer data. The blue-chip barometer's other tech members were mostly lower. Apple Inc.'s stock shed 1% to be the second-biggest loser, Cisco Systems Inc. shares slipped 0.5% and Intel Corp.'s stock eased 0.1%. The SPDR Technology Select Sector ETF slumped 0.7%, as 59 of 77 equity components declined.
Shares of cybersecurity company Symantec (SYMC) rose 4.3% on September 18. Symantec shares have fallen 26% in 2018. At that time, Symantec revealed that it was launching an internal investigation into concerns raised by a former employee.
The Zacks Analyst Blog Highlights: Apple, Fitbit, Cisco Systems, Qualcomm and Micron Technology
Multinational corporations are taking steps to more quickly detect and report data breaches, in part to avoid steep penalties under a sweeping set of regulations from the European Union. The General Data Protection Regulation, which took effect in May, requires firms that collect data about European Union citizens to report a data breach to regulators within 72 hours of discovery.
Likewise, Appaloosa Management’s David Tepper isn’t necessarily wrong to continue plowing into an ever-bigger stake in Micron stock. The world’s computers, servers and mobile devices need more and more memory, and Micron is the creme of the crop of the DRAM market. Certainly there will come a time when Micron stock bounces back from what’s become more than a 30% setback from its late-May peak.
On September 12, IBM was trading at a forward PCF (price-to-cash-flow) multiple of 7.67x, which is a discount of 7.3% to its trailing 12-month PCF multiple. In contrast, Microsoft (MSFT), Oracle (ORCL), and Cisco (CSCO) had forward PCF multiples of 17.26x, 11.95x, and 13.75x, respectively. The higher cash flow has made the PCF multiple lower.
Tech stocks have been reeling under pressure for quite some time, particularly those that have significant exposure to China and generate substantial portion of their revenues from that country.
The router and switch king is guiding for solid growth and sitting on a mountain of cash, but its stock price is up more than 50% in the last year. Is it too late for investors to get in on this mature tech company?