Cisco Systems (NASDAQ:CSCO) Trading Up 1.3% - Should You Buy?

Key Points

• Cisco Systems' stock price increased by 1.3% during mid-day trading on Wednesday, closing at $69.52, with a trading volume down 23% from its average.
• Analysts have a consensus rating of "Moderate Buy"** for Cisco, with an average target price of $74.72, and a mix of ratings from strong buy to hold.
• Cisco Systems declared a quarterly dividend of $0.41 per share**, with the dividend yield at 2.4%, set to be paid on October 22nd.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report)'s stock price was up 1.3% during mid-day trading on Wednesday . The company traded as high as $70.30 and last traded at $69.52. Approximately 16,142,262 shares changed hands during trading, a decline of 23% from the average daily volume of 20,941,666 shares. The stock had previously closed at $68.66.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CSCO shares. Weiss Ratings reiterated a "buy (b-)" rating on shares of Cisco Systems in a research note on Wednesday, October 8th. Wall Street Zen cut Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research note on Thursday, August 14th. Rosenblatt Securities reiterated a "buy" rating and issued a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. Finally, Piper Sandler boosted their price target on Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $74.72.

Cisco Systems Stock Up 1.3%

The firm has a 50 day simple moving average of $68.24 and a two-hundred day simple moving average of $64.98. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $274.83 billion, a P/E ratio of 26.53, a PEG ratio of 2.84 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. During the same period in the prior year, the company earned $0.87 earnings per share. The company's quarterly revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's dividend payout ratio is presently 62.60%.

Insider Buying and Selling

In other news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares of the company's stock, valued at $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last ninety days. Insiders own 0.01% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CSCO. Bare Financial Services Inc raised its position in Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider's stock worth $25,000 after purchasing an additional 308 shares during the last quarter. Financial Connections Group Inc. raised its position in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider's stock worth $28,000 after purchasing an additional 193 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in Cisco Systems during the 2nd quarter worth $28,000. Pandora Wealth Inc. bought a new position in Cisco Systems during the 1st quarter worth $31,000. Finally, Nova Wealth Management Inc. bought a new position in Cisco Systems during the 1st quarter worth $31,000. 73.33% of the stock is owned by institutional investors.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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