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.
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Industry, Sector and Symbol
Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone408-526-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$51.90 billion
Profitability
Miscellaneous
Employees74,200
Next Earnings Date11/13/2019 (Estimated)
OptionableOptionable
Cisco Systems (NASDAQ:CSCO) Frequently Asked Questions
What is Cisco Systems' stock symbol?
Cisco Systems trades on the NASDAQ under the ticker symbol "CSCO."
How often does Cisco Systems pay dividends? What is the dividend yield for Cisco Systems?
Cisco Systems announced a quarterly dividend on Wednesday, June 5th. Shareholders of record on Friday, July 5th will be paid a dividend of $0.35 per share on Wednesday, July 24th. This represents a $1.40 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, July 3rd. View Cisco Systems' Dividend History.
How will Cisco Systems' stock buyback program work?
Cisco Systems declared that its board has initiated a share buyback plan on Wednesday, February 13th 2019, which authorizes the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.
How were Cisco Systems' earnings last quarter?
Cisco Systems, Inc. (NASDAQ:CSCO) posted its quarterly earnings results on Wednesday, August, 14th. The network equipment provider reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.01. The network equipment provider had revenue of $13.43 billion for the quarter, compared to analyst estimates of $13.39 billion. Cisco Systems had a return on equity of 32.43% and a net margin of 22.39%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the business posted $0.70 EPS. View Cisco Systems' Earnings History.
When is Cisco Systems' next earnings date?
What guidance has Cisco Systems issued on next quarter's earnings?
Cisco Systems issued an update on its first quarter earnings guidance on Wednesday, August, 14th. The company provided EPS guidance of $0.80-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.83. The company issued revenue guidance of +0-2% to ~$12.68-12.93 billion, compared to the consensus revenue estimate of $13.41 billion.
What price target have analysts set for CSCO?
25 brokerages have issued 1-year target prices for Cisco Systems' stock. Their forecasts range from $45.00 to $62.00. On average, they expect Cisco Systems' stock price to reach $56.3087 in the next year. This suggests a possible upside of 19.9% from the stock's current price. View Analyst Price Targets for Cisco Systems.
What is the consensus analysts' recommendation for Cisco Systems?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last year. There are currently 6 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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. 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)
- 2. According to Zacks Investment Research, "Cisco is an IP-based networking company. Strength witnessed in the company’s Security and Applications segments are key catalysts. Order strength and improving traction of the subscription-based model were other tailwinds. Strong contribution from security, Infrastructure Platforms and applications is a positive. Order strength and improving traction of the subscription-based model are other tailwinds. Strengthening collaboration portfolio which now includes Webex Teams and Accompany bodes well. Further, buyout of Duo Security and Luxtera should help the company expand its IT and data center clientele. However, weakness in switching and routing is a headwind. Arista’s intention of manufacturing switches that connect campus networks is likely to hurt Cisco as it holds a dominant position in that market." (5/21/2019)
Has Cisco Systems been receiving favorable news coverage?
Media coverage about CSCO stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -2.3 on InfoTrie's scale. They also gave news stories about the network equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Cisco Systems.
Are investors shorting Cisco Systems?
Cisco Systems saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 43,103,800 shares, an increase of 8.0% from the June 30th total of 39,912,100 shares. Based on an average daily trading volume, of 21,700,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.0% of the shares of the stock are sold short. View Cisco Systems' Current Options Chain.
Who are some of Cisco Systems' key competitors?
Some companies that are related to Cisco Systems include IBM (IBM), HP (HPQ), Toshiba (TOSYY), Hewlett Packard Enterprise (HPE), Arista Networks (ANET), Juniper Networks (JNPR), F5 Networks (FFIV), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC), Lantronix (LTRX) and Intrusion (INTZ).
What other stocks do shareholders of Cisco Systems own?
Who are Cisco Systems' key executives?
Cisco Systems' management team includes the folowing 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)
Who are Cisco Systems' major shareholders?
Cisco Systems' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.19%), BlackRock Inc. (7.08%), Bank of New York Mellon Corp (2.00%), Northern Trust Corp (1.43%), Price T Rowe Associates Inc. MD (1.35%) and Nuveen Asset Management LLC (1.13%). Company insiders that own Cisco Systems stock include Arun Sarin, Charles Robbins, David Goeckeler, Irving Tan, John T Chambers, Karen Walker, Kelly A Kramer, M Michele Burns, Mark D Chandler, Prat Bhatt, Rebecca Jacoby, 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 LSV Asset Management, Price T Rowe Associates Inc. MD, BlackRock Inc., Bank of New York Mellon Corp, Quest Capital Management Inc. ADV, Vanguard Group Inc., AMF Pensionsforsakring AB and Tweedy Browne Co LLC. Company insiders that have sold Cisco Systems company stock in the last year include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, M Michele Burns, Mark D Chandler, Prat Bhatt, Roderick C Mcgeary and Steven M West. View Insider Buying and Selling for Cisco Systems.
Which institutional investors are buying Cisco Systems stock?
CSCO stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Renaissance Technologies LLC, Railway Pension Investments Ltd, APG Asset Management N.V., Bahl & Gaynor Inc., AQR Capital Management LLC and Paloma Partners Management Co. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Cisco Systems' stock price today?
One share of CSCO stock can currently be purchased for approximately $46.96.
How big of a company is Cisco Systems?
Cisco Systems has a market capitalization of $201.02 billion and generates $51.90 billion in revenue each year. The network equipment provider earns $110 million in net income (profit) each year or $2.85 on an earnings per share basis. Cisco Systems employs 74,200 workers across the globe.View Additional Information About Cisco Systems.
What is Cisco Systems' official website?
How can I contact Cisco Systems?
Cisco Systems' mailing address is 170 WEST TASMAN DR, SAN JOSE CA, 95134. The network equipment provider can be reached via phone at 408-526-4000 or via email at [email protected]
MarketBeat Community Rating for Cisco Systems (NASDAQ CSCO)
MarketBeat's community ratings are surveys of what our community members think about Cisco Systems and other stocks. Vote "Outperform" if you believe CSCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
