Its fiscal first-quarter earnings, announced on Nov. 10, of 42 cents represented 17% year-over-year growth and beat analysts' consensus projection by 5.8%. Its top-line tally of nearly $11 billion matched expectations. But, disappointing forward guidance catalyzed a sharp 16% correction in Cisco, which has delivered annualized losses of 4.9% since 2008. Cisco's stock is among the cheapest technology investments, selling for a forward P/E of 12 and a cash flow multiple of 12, 51% and 43% peer discounts.
12-Month Sales Growth: 20%
12-Month Profit Growth: 38%
12-Month Stock Performance: -6.3%
3-Year Annualized Sales Growth: 4.8%
3-Year Annualized Profit Growth: -0.1%
3-Year Annualized Stock Performance: -4.9%
3-Year Annualized Dividend Growth: 0%
5-Year Annualized Dividend Growth: 0%
Bullish Scenario: Sanford Bernstein rates Cisco "outperform", projecting an advance of 25% to $27. Bearish Scenario: UBS ranks Cisco "neutral", predicting that its stock will stagnate at $21.50.