How Cisco Systems Stock Performed in 2017


Jan. 10 2018, Published 4:59 p.m. ET

Cisco Systems stock rose 31% in 2017

Cisco Systems (CSCO) generated returns of 31% in 2017. In the trailing one-month period, it has risen 6%. It’s currently trading at $39.53, which is 33% above its 52-week low of $29.80 and 1% below its 52-week high of $39.88. The company has beaten analysts’ non-GAAP (generally accepted accounting principles) EPS (earnings per share) estimates in three of the last four quarters. It beat EPS estimates by 1.7% in fiscal 1Q18, which ended in October 2017. It beat EPS estimates by 3.4% in fiscal 3Q17 and by 1.8% in fiscal 2Q17.

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Revenue and price target estimates

Analysts expect revenue growth of 2% YoY (year-over-year) for Cisco in fiscal 2Q18, 1.4% YoY in fiscal 2Q18, 1% YoY in fiscal 2018, and 2% YoY in fiscal 2019. Cisco’s EPS is expected to rise 3.5% in fiscal 2Q18, 3.3% YoY in fiscal 2Q18, 2.9% YoY in fiscal 2018, and 5.3% YoY in fiscal 2019.

Of the 28 analysts tracking Cisco stock, 19 have recommended a “buy,” and nine have recommended a “hold.” There are no “sell” recommendations for the stock. The analysts’ price target for Cisco stock is now $39.23, with a median target estimate of $40. Cisco is thus trading at a discount of 1.2% to the median analyst estimate.

Cisco has a market cap of $195 billion. Peer companies Ericsson (ERIC), Nokia (NOK), and Juniper Networks (JNPR) have market caps of $22.6 billion, $28.4 billion, and $10.7 billion, respectively.


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