Buy Cisco Systems Stock

Our clearing firm, Apex Clearing Corporation, has purchased an additional insurance policy. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. Our experts picked 7 Cisco Systems Incorporated stock price Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. Investors will be hoping for strength from Cisco Systems as it approaches its next earnings release, which is expected to be November 16, 2022.

  • Based on our research, we believe these estimate revisions are directly related to near-team stock moves.
  • Stock buyback plans are often a sign that the company’s leadership believes its stock is undervalued.
  • Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
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In the past three months, Cisco Systems insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,612,042.00 in company stock. Cisco Systems has received a 44.20% net impact score from Upright. This payout ratio is at a healthy, sustainable level, below 75%. The mid-cap space is a great place to find less prominent names with the financials to outperform. Cisco, the QQQ ETF, Costco and Lowe’s were our top stock trades for Thursday.

We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

Latest Csco News From Around The Web

Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Cisco launches solutions to address certain industry megatrends, which will help cloud operators save energy and drive operational efficiency.

CSCO stock

And, finally, we picked one stock from each of the 11 S&P sectors. The following stocks are our Best in Class for Safety recommendations for September 2022, and all of them currently carry an Argus BUY rating. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management.

Earnings And Valuation

The company’s average rating score is 2.45, and is based on 10 buy ratings, 9 hold ratings, and 1 sell rating. These six Forex undervalued tech stocks look too cheap, selling below 15 times earnings with 2% to 3% yields and buyback programs.

MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more. Cisco Systems’ stock was trading at $63.37 at the beginning of the year.

Dissecting The Dow Jones Industrial Average: Half Empty Or Half Full?

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks. Cisco Systems’ stock is owned by many different institutional and retail investors. Insiders that own company stock include Charles Robbins, Geraldine Elliott, Irving Tan, Jeffery S Sharritts, Kelly A Kramer, M Michele Burns, Maria Martinez, Mark D Chandler and Prat Bhatt. Cisco Systems announced a quarterly dividend on Tuesday, August 23rd. Shareholders of record on Wednesday, October 5th will be paid a dividend of $0.38 per share on Wednesday, October 26th. This represents a $1.52 annualized dividend and a dividend yield of 3.42%. Jabil, Inc is a blue-chip tech stock insulated from rising interest rates in a way other tech stocks can only dream about.

With a one year PEG ratio of 185.31, CISCO SYSTEMS INC is expected to have a higher PEG ratio than 87.44% of US stocks. CSCO’s current lowest rank is in the Growth metric (where it is better than 24.56% of US stocks).

About Cisco Systems Nasdaq:csco Stock

Provide specific products and services to you, such as portfolio management or data aggregation. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.43 average news sentiment score of dotbig Computer and Technology companies. Cisco Systems has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Tech stocks to buy with temporary stock price dip create great buying opportunities for the long-term investors willing to hold for years.

Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows Cisco Systems Incorporated stock that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Valuation is also important, so investors should note that Cisco Systems has a Forward P/E ratio of 11.86 right now. This represents a discount compared to its industry’s average Forward P/E of 15.85.

Is It Time To Buy Csco? Shares Are Up Today

Further, the company offers a range of service and support options for its customers, including technical support and advanced services and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products dotbig and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.

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