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
Employees75,900
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 declared a quarterly dividend on Friday, September 20th. Shareholders of record on Friday, October 4th will be paid a dividend of $0.35 per share on Wednesday, October 23rd. This represents a $1.40 annualized dividend and a yield of 2.82%. View Cisco Systems' Dividend History.
How will Cisco Systems' stock buyback program work?
Cisco Systems declared that its board has authorized a stock buyback program 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 stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.
How were Cisco Systems' earnings last quarter?
Cisco Systems, Inc. (NASDAQ:CSCO) released its earnings results on Wednesday, August, 14th. The network equipment provider reported $0.83 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.82 by $0.01. The network equipment provider had revenue of $13.43 billion for the quarter, compared to analysts' expectations of $13.39 billion. Cisco Systems had a net margin of 22.39% and a return on equity of 32.43%. The company's quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.70 earnings per share. 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 updated its first quarter earnings guidance on Wednesday, August, 14th. The company provided earnings per share guidance of $0.80-0.82 for the period, compared to the Thomson Reuters consensus EPS 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?
26 analysts have issued twelve-month price targets for Cisco Systems' shares. Their forecasts range from $45.00 to $62.00. On average, they expect Cisco Systems' stock price to reach $56.3375 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Cisco Systems.
What is the consensus analysts' recommendation for Cisco Systems?
26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last year. There are currently 6 hold ratings and 20 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, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. 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 daily sentiment score of -2.9 on InfoTrie's scale. They also gave media headlines about the network equipment provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Cisco Systems.
Are investors shorting Cisco Systems?
Cisco Systems saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 37,953,900 shares, a decline of 11.9% from the July 31st total of 43,103,800 shares. Based on an average trading volume of 21,600,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.9% of the company's shares are short sold. 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), F5 Networks (FFIV), Juniper Networks (JNPR), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ) and BOS Better OnLine Sol (BOSC).
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 variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.19%), BlackRock Inc. (7.08%), BlackRock Inc. (7.08%), Bank of New York Mellon Corp (2.00%), Northern Trust Corp (1.43%) and Price T Rowe Associates Inc. MD (1.35%). 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 Boston Partners, LSV Asset Management, Price T Rowe Associates Inc. MD, BlackRock Inc., BlackRock Inc., Bank of New York Mellon Corp, Quest Capital Management Inc. ADV and Vanguard Group Inc.. 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 acquired 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, Robinhood, Fidelity and Charles Schwab.
What is Cisco Systems' stock price today?
One share of CSCO stock can currently be purchased for approximately $49.60.
How big of a company is Cisco Systems?
Cisco Systems has a market capitalization of $210.57 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?
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.
