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Stock of the Day: CISCO SYSTEMS INC. (NASDAQ: CSCO) PDF Print E-mail
Stock of the Day - Daily Article
Written by MsEconometrica   
Saturday, 13 August 2011 08:08

Cisco Systems Inc. (NASDAQ:CSCO) designs and sells communications technology and services, networking and consumer electronics. Cisco Systems founded in San Jose, California in 1984 by Len Bosack and Sandy Lerner. Cisco Systems (CSCO) listed on Nasdaq stock exchange in 1990. In 1999, during the Internet boom, Cisco made its most expensive purchase with Cerent Corporation. After this acquisition, Cisco continued to acquire lots of companies and grew quickly. In 2000, Cisco was the most precious company with a market capitalization of more than $500 billion. Cisco got the “Ron Brown Award” in 2003, as a result of its high quality of relationships with employees and communities. Cisco Systems purchased a mobile technology company and Moto development group “Starent Networks” in 2010. As a result of this acquisition, Cisco developed Flip video camera but stopped to produce it in 2011. The company featured in “Something Ventured”, a documentary film, with its strong history in 2011. Cisco Systems made a significant evolution in growth and probability. Today, Cisco Systems Inc.is the leader of the world in networking and transforming systems of the world.

Cisco Systems Inc. has a market cap of $87.95 billion. CSCO has a P/E ratio of 12.59 and forward P/E ratio of 9.46. Cisco Systems announced that net sales up almost 4% to $11.2 billion in the fourth quarter of 2011 compared with the same period of 2010. For the fourth quarter of 2011 results, Cash flows operations were $2.8 billion. Analysts expect CSCO to have a 26.82% EPS growth this year. Cisco Systems Inc. has been growing its earnings and its revenue year over year. With a profit margin of 16.78%, CSCO offered 1.57% dividend last year. John Chambers, chairman and CEO of Cisco Systems said: "This was yet another hugely strong quarter with a number of record financial results for Cisco, closing the fiscal year in a tremendous position of strength—a compelling financial model, a well-tuned innovation engine and solid execution on our growth strategy."

Last Updated on Monday, 22 August 2011 18:49

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