The stocks of CSCO will be putting up their quarterly data on the 19th of May after the market shuts down. Most of the analysts have expected that the company will be putting up an EPS of $0.74 for the quarter. Any investor interested in being a part of the conference call of the company can simply log in to the official link.
CSCO did update their quarterly results on the 9th of February. The provider of network equipment reported an EPS of $0.79 for the quarter, which was more than the consensus estimate of $0.76. The return on equity for the company was 32.64%, with a 21.76% net margin. The revenue generated by the company during this period was $11.96 billion, which was more than the consensus estimate of $11.92 billion.
The Trading Options Of CSCO
The stocks of CSCO traded on Wednesday at $52.83. The moving average price of the company over a period of 50 days is $51.84. The moving average price of the company over a period of 200 days is $46.10. The year low of the company is $35.28, with the year high coming to $54.14. The market cap of the firm is $223.04 billion, with a 21.48 PE ratio. The debt-to-equity ratio of the company stands at 0.25, while the current ratio of the company is 1.59.
There have been quite a few research equities that have commented on the stocks of CSCO. Morgan Stanley has already increased the price target of the company from $54 to $57 with a rating of overweight in a 22nd April research report. Piper Sandler has also increased the price target of the company from $45 to $47 with a rating of neutral in a 10th February research report.