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NASDAQ:CSCOCisco Systems Stock Price, Forecast & News

$39.06
-0.74 (-1.86 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$38.54
Now: $39.06
$40.29
50-Day Range
$33.20
MA: $40.66
$49.93
52-Week Range
$32.40
Now: $39.06
$58.26
Volume21.05 million shs
Average Volume44.42 million shs
Market Capitalization$165.65 billion
P/E Ratio15.26
Dividend Yield3.62%
Beta1.03
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide. The company offers switching products; routing products that interconnect public and private wireline and mobile networks; data center products; and wireless access points for use in voice, video, and data applications. It also provides collaboration products comprising unified communications, TelePresence, and conferencing, as well as the Internet of Things and analytics software. In addition, the company offers security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, advisory, integration, and managed services; and other products, such as service provider video software and solutions, and cloud and system management products. Further, it offers technical support services and advanced services; and hyperconvergence software, cloud calling and contact center solutions, and AI-driven relationship intelligence platform. The company serves businesses of various sizes, public institutions, governments, and service providers. It sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company has collaboration agreements with KT Corporation and Bharti Airtel. Cisco Systems, Inc. was founded in 1984 and is headquartered in San Jose, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 3.1Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.77 out of 5 stars


Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:CSCO
CUSIP17275R10
Phone408-526-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$51.90 billion
Cash Flow$3.38 per share
Book Value$8.38 per share

Profitability

Net Income$11.62 billion

Miscellaneous

Employees75,900
Outstanding Shares4,240,880,000
Market Cap$165.65 billion
Next Earnings Date5/20/2020 (Estimated)
OptionableOptionable

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Cisco Systems (NASDAQ:CSCO) Frequently Asked Questions

How has Cisco Systems' stock been impacted by COVID-19 (Coronavirus)?

Cisco Systems' stock was trading at $37.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CSCO shares have increased by 5.4% and is now trading at $39.06. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cisco Systems?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last year. There are currently 9 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cisco Systems.

When is Cisco Systems' next earnings date?

Cisco Systems is scheduled to release its next quarterly earnings announcement on Wednesday, May 20th 2020. View our earnings forecast for Cisco Systems.

How were Cisco Systems' earnings last quarter?

Cisco Systems, Inc. (NASDAQ:CSCO) announced its quarterly earnings data on Wednesday, February, 12th. The network equipment provider reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.01. The network equipment provider had revenue of $12 billion for the quarter, compared to analyst estimates of $11.98 billion. Cisco Systems had a return on equity of 36.40% and a net margin of 21.44%. The company's revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.73 EPS. View Cisco Systems' earnings history.

How often does Cisco Systems pay dividends? What is the dividend yield for Cisco Systems?

Cisco Systems announced a quarterly dividend on Wednesday, February 12th. Shareholders of record on Friday, April 3rd will be given a dividend of $0.36 per share on Wednesday, April 22nd. This represents a $1.44 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Thursday, April 2nd. This is a positive change from Cisco Systems's previous quarterly dividend of $0.35. View Cisco Systems' dividend history.

How will Cisco Systems' stock buyback program work?

Cisco Systems announced that its Board of Directors has authorized a stock buyback plan on Wednesday, February 13th 2019, which allows the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

What guidance has Cisco Systems issued on next quarter's earnings?

Cisco Systems issued an update on its third quarter earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of $0.79-0.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.80. The company issued revenue guidance of decline 1.5-3.5% to $12.50-12.76 billion, compared to the consensus revenue estimate of $12.62 billion.

What price target have analysts set for CSCO?

26 analysts have issued 12-month price objectives for Cisco Systems' stock. Their forecasts range from $40.00 to $62.00. On average, they anticipate Cisco Systems' share price to reach $52.39 in the next year. This suggests a possible upside of 34.1% from the stock's current price. View analysts' price targets for Cisco Systems.

What are Wall Street analysts saying about Cisco Systems stock?

Here are some recent quotes from research analysts about Cisco Systems stock:
  • 1. According to Zacks Investment Research, "Cisco is benefiting from solid security business. Strong contribution from Infrastructure Platforms and applications is a positive. Moreover, order strength and improving traction of the subscription-based business model are tailwinds. Further, strengthening collaboration portfolio, which includes Webex Teams, bodes well. Additionally, acquisitions of Voicea and CloudCherry hold promise. Cisco’s latest Silicon One strategy to enhance its network hardware business is expected to boost reveune base. However, weakness in service provider business in China remains a concern. Further, stiff competition from Arista and Juniper in switching and routing verticals is likely to create pricing pressure and impact profitability. Also, increasing investments on product enhancements are likely to limit margin expansion at least in the near-term." (1/15/2020)
  • 2. Robert W. Baird analysts commented, "We appreciate Cisco’s desire to reinforce its position as the leader in enterprise networking as customers demand higher throughput solutions." (7/10/2019)

Has Cisco Systems been receiving favorable news coverage?

Media headlines about CSCO stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cisco Systems earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the network equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutCisco Systems.

Are investors shorting Cisco Systems?

Cisco Systems saw a increase in short interest in March. As of March 13th, there was short interest totaling 49,534,400 shares, an increase of 30.7% from the February 27th total of 37,900,000 shares. Based on an average trading volume of 43,414,600 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.2% of the shares of the stock are short sold. View Cisco Systems' Current Options Chain.

Who are some of Cisco Systems' key competitors?

What other stocks do shareholders of Cisco Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cisco Systems investors own include Intel (INTC), AT&T (T), Walt Disney (DIS), NVIDIA (NVDA), Pfizer (PFE), Verizon Communications (VZ), Micron Technology (MU), Alibaba Group (BABA), Johnson & Johnson (JNJ) and Bank of America (BAC).

Who are Cisco Systems' key executives?

Cisco Systems' management team includes the following people:
  • Mr. Charles H. Robbins, Chairman & CEO (Age 53)
  • Ms. Kelly A. Kramer, Exec. VP & CFO (Age 51)
  • Ms. Geraldine T. Elliott, Exec. VP and Chief Sales & Marketing Officer (Age 62)
  • Mr. David Goeckeler, Exec. VP and GM of Networking & Security Bus. (Age 57)
  • Ms. Amy L. Chang, Sr. VP of Collaboration Technology Group (Age 42)

What is Cisco Systems' stock symbol?

Cisco Systems trades on the NASDAQ under the ticker symbol "CSCO."

Who are Cisco Systems' major shareholders?

Cisco Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Park National Corp OH (0.02%), Nexus Investment Management Inc. (0.01%), Cullinan Associates Inc. (0.01%), First Financial Bank Trust Division (0.00%), Woodstock Corp (0.00%) and Fulton Bank N.A. (0.00%). Company insiders that own Cisco Systems stock include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, M Michele Burns, Maria Martinez, Mark D Chandler, Prat Bhatt, Roderick C Mcgeary, Steven M West and Wesley G Bush. View institutional ownership trends for Cisco Systems.

Which institutional investors are selling Cisco Systems stock?

CSCO stock was sold by a variety of institutional investors in the last quarter, including Neville Rodie & Shaw Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, Lenox Wealth Advisors LLC, Salomon & Ludwin LLC, Woodstock Corp, IMS Capital Management, Thomasville National Bank, and Fulcrum Equity Management. Company insiders that have sold Cisco Systems company stock in the last year include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, Maria Martinez, Mark D Chandler, Prat Bhatt, and Steven M West. View insider buying and selling activity for Cisco Systems.

Which institutional investors are buying Cisco Systems stock?

CSCO stock was purchased by a variety of institutional investors in the last quarter, including Fulton Bank N.A., Nexus Investment Management Inc., Park National Corp OH, Pensionfund Sabic, Private Asset Management Inc., First Financial Bank Trust Division, Stillwater Investment Management LLC, and Cullinan Associates Inc.. View insider buying and selling activity for Cisco Systems.

How do I buy shares of Cisco Systems?

Shares of CSCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Cisco Systems' stock price today?

One share of CSCO stock can currently be purchased for approximately $39.06.

How big of a company is Cisco Systems?

Cisco Systems has a market capitalization of $165.65 billion and generates $51.90 billion in revenue each year. The network equipment provider earns $11.62 billion in net income (profit) each year or $2.85 on an earnings per share basis. Cisco Systems employs 75,900 workers across the globe. View additional information about Cisco Systems.

What is Cisco Systems' official website?

The official website for Cisco Systems is http://www.cisco.com/.

How can I contact Cisco Systems?

Cisco Systems' mailing address is 170 WEST TASMAN DRIVE, SAN JOSE CA, 95134. The network equipment provider can be reached via phone at 408-526-4000 or via email at [email protected]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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