Cisco Systems’ stock was trading at $63.37 at the beginning of 2022.

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  • But she also sees signs of order moderation overall, with higher risk outside the U.S.
  • Cisco Systems has a short interest ratio (“days to cover”) of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Cisco Systems Inc.’s stock rose in extended trading Wednesday after the networking-technology company delivered better-than-expected numbers on the top and bottom line, and offered encouraging guidance.
  • Cisco Systems’ stock was trading at $63.37 at the beginning of 2022.
  • This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.

Based on earnings estimates, Cisco Systems will have a dividend payout ratio of 44.31% next Cisco Systems Incorporated stock year. This indicates that Cisco Systems will be able to sustain or increase its dividend.

Investors should consider their investment objectives and risks carefully before investing. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings Cisco Systems Incorporated stock price today and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. The Cisco stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock.

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Cisco is rapidly expanding its presence in network security domain. Security includes products and services preventing unauthorized access to system resources and protecting from worms, spam, viruses and other malware. The Data Center product category includes Cisco Unified Computing System and Server Access Virtualization. It also comprises of The Other products segment and Related Services.The company offers identity and access, advanced threat, and unified threat management solutions. 20 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Cisco Systems in the last twelve months.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.705 between high and low, or 1.46%. For the last week, the stock has had daily average volatility of 1.64%. Cisco Systems reported fiscal Q1 earnings and revenue that topped estimates. The computer networking giant also announced a restructuring plan. Cisco reported non-GAAP earnings of $0.86, up 5% from the year-ago quarter and ahead of analysts’ consensus estimate of 0.84 per share.

CSCO Company Calendar

This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Head over to Forex our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice.

Cisco has been hit hard by global developments like covid and war, tumbling towards a 2022 low after first quarter earnings. For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more. Cisco Systems has expanded operations and expect revenue to grow but have recently announced dotbig a restructuring plan that could help. Even though the most recent inflation data shows signs of cooling down, the Fed will likely continue raising rates to meet its target. Moreover, the weakening profit outlook for the fourth quarter only… Join thousands of traders who make more informed decisions with our premium features.

CSCO stock

The security segment contains Cisco’s firewall and software-defined security products. Services are Cisco’s technical support and advanced services offerings. The company’s wide array of hardware is complemented with solutions for software-defined networking, analytics, and intent-based networking. In collaboration with Cisco’s initiative on growing software and services, its revenue model is focused on increasing subscriptions and recurring sales. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

Real-time analyst ratings, insider transactions, earnings data, and more. Cisco Systems issued an update on its second quarter 2023 earnings guidance on Thursday, November, 17th. The company provided earnings per share guidance of $0.84-$0.86 for the period, compared to the consensus EPS estimate of $0.85. The company issued revenue guidance of $13.29 billion-$13.55 billion, compared to the consensus revenue estimate of $13.24 billion.

Company Summary

Security includes products and services preventing unauthorized access to system resources… The PE ratio (or dotbig price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors.

Q2 2023 Cisco Systems Inc Earnings Release

By using the site you agree and are held liable for your own investment decisions and agree to the Terms of Use and Privacy Policy.Please read the full disclaimer here. InvestorsObserver is giving Cisco Systems Inc an Analyst Rating Rank of 24, meaning CSCO is ranked higher by analysts than 24% of stocks. The average CSCO stock price today price target for CSCO is $52.764 and analyst’s rate the stock as a Buy. Free trading of stocks, ETFs, and options refers to $0 commissions for Webull Financial LLC self-directed individual cash or margin brokerage accounts and IRAs that trade U.S. listed securities via mobile devices, desktop or website products.

Short interest in Cisco Systems has recently decreased by 1.43%, indicating that investor sentiment is improving. The PEAD projected a Bullish outlook for $CSCO after a Positive Under reaction following its earnings release placing the stock in drift A. Verizon Makes List of Undervalued Dividend StocksThe Morningstar list includes companies with safe dividends who are undervalued Forex by the firm’s estimates. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Sales are holding up for the networking hardware company, but there are also some signs of trouble. Live educational sessions using site features to explore today’s markets. Realtime quote and/or trades are not sourced from all markets.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price.

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