|Bid||0.00 x 1100|
|Ask||0.00 x 4000|
|Day's range||53.94 - 55.00|
|52-week range||40.25 - 57.53|
|Beta (3Y monthly)||1.05|
|PE ratio (TTM)||18.80|
|Earnings date||14 Aug 2019|
|Forward dividend & yield||1.40 (2.50%)|
|1y target est||56.46|
Sovereign wealth funds invested more than $3 billion in unlisted technology companies in 2018, the highest level in three years, research showed on Thursday, as public markets shrank due to fewer initial public offerings and big share buybacks. The renewed push into private markets, via investments in segments like software, fintech, biotech and healthcare, is part of a broader trend of wealth funds viewing private companies as a less speculative bet than they used to be. In a turnaround of a trend noted the previous year, sovereign wealth funds' direct investment in unlisted firms rose by 17 percent to 147 in 2018, according to the 2018 International Forum of Sovereign Wealth Funds (IFSWF) Annual Report.
Palo Alto's (PANW) third-quarter fiscal 2019 results are likely to be driven by its strong product portfolio, which is aiding customer acquisitions.
With HPE set to report its quarterly financial results on Thursday, let's see if investors should consider buying HP Enterprise stock.
Tech Earnings Season: Cisco, Alibaba, and WalmartCisco’s third-quarter resultsOn May 15, Cisco (CSCO) announced its third-quarter earnings results for the quarter ending in April. The stock rose nearly 10% in the past week after the company’s
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Analysts’ recommendations for CiscoOf the 30 analysts covering Cisco Systems (CSCO), 21 have given the stock “buy” ratings, while nine have given it “holds.” No analysts have
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)US-China trade warLast week, the United States raised tariffs on imported Chinese goods worth $200 billion to 25% from the 10% it had levied earlier. In response, China increased
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Strong cash flowsCisco Systems (CSCO) ended the third quarter of fiscal 2019 with an operating cash flow of $4.3 billion, ~79% higher than the previous year’s quarter, including the
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Impressive outlookDuring its fiscal 2019 third-quarter earnings call, Cisco Systems (CSCO) forecast strong sales and profit guidances for the fourth quarter (which will end in July
How Cisco Fared in the Third Quarter(Continued from Prior Part)Stock returnsCisco (CSCO) stock has generated impressive returns over the last three years. Cisco stock rose 10.3% in 2016, ~30% in 2017, and 8.8% in 2018. The stock has gained ~23% this
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Cisco posts upbeat revenueCisco Systems’ (CSCO) revenue of $12.96 billion exceeded analysts’ expectation by 0.5% in the third quarter of fiscal 2019. Its revenue rose 4% YoY
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Cisco’s earningsOn May 15, Cisco Systems (CSCO) reported that it had delivered higher-than-expected earnings in the third quarter of fiscal 2019. Its adjusted EPS of $0.78 exceeded
Cisco Stock Soars on Strong Q4 OutlookCisco’s stock price movementCisco Systems (CSCO) stock soared 6.7% on May 16 after the company posted upbeat results for the third quarter of fiscal 2019, which ended on April 27, on May 15. The tech giant
How Cisco Fared in the Third Quarter(Continued from Prior Part)Share repurchases and dividend yieldIn the third quarter of 2019, Cisco (CSCO) returned $7.5 billion to shareholders. Cisco spent $6.0 billion on share repurchases and $1.5 billion on
How Cisco Fared in the Third Quarter(Continued from Prior Part)Earnings per share between $0.80 and $0.82Cisco (CSCO) reiterated its guidance for the fourth quarter of 2019. The company expects revenue growth between 4% to 4.5% year-over-year. Cisco
How Cisco Fared in the Third Quarter(Continued from Prior Part)Revenue rose by 21%Cisco’s (CSCO) Security segment has been the company’s fastest-growing segment for a while now. In the third quarter of 2019, the segment’s revenue rose 21% YoY
European shares dropped on Friday after three days of gains, as Beijing ratcheted up its war of words with Washington over trade, weighing on risk appetite. The pan-European STOXX 600 index was down 0.7% by 0720 GMT, though it was still looking at its best weekly performance since in 1-1/2 months. The Communist Party's People's Daily used a front page commentary to say the trade war would never bring China down, after telecoms equipment giant Huawei Technologies Co Ltd was put on a U.S. blacklist.