Are Things Looking Up For Cisco Systems Inc. (NASDAQ: CSCO)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Cisco Systems Inc. (CSCO) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.13, or -2.65%, to $41.45. Volume reached 1,218,214 shares, with price reaching a high of $41.59 and a low of $41.25. Yahoo Finance discussed the stock recently as it posted PurCity: How a Startup Is Transforming Urban Buildings Into Carbon Capture Solutions.


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Stocks Info

The company is listed on the NASDAQ and operates within the Communication Equipment industry segment. At the end of the last regular session, the stock closed at $41.59 and fluctuated between $42.87 as its day high and $41.57 as its day low. The current market capitalization of Cisco Systems Inc. is $170.85B. A total of 21.27 million shares were traded on the day, compared to an average of 19.22M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CSCO has seen 0 BUY and 9 SELL insider trades, representing the acquisition of 0 and the disposition of 66,767 shares. Over the last 12 months, there were 25 BUYs and 48 SELLs from insiders. Insiders purchased 639,532 shares during that period but sold 722,477.

In the most recent transaction, BHATT PRAT sold 19,168 shares of CSCO for 44.28 per share on Sep 13. After the transaction, the SVP & Chief Acctg Officer now owns 38,158 company shares. In a previous transaction on Sep 13, Sharritts Jeffery S. sold 637 shares at 44.69 per share. CSCO shares that EVP & Chief Cust & Prtnr Offcr owns now total 166,370.

Among the insiders who sold shares, Martinez Maria disposed of 4,674 shares on Sep 12 at a per-share price of $46.40. This resulted in the EVP & Chief Operating Officer holding 273,307 shares of CSCO after the transaction. In another insider transaction, Robbins Charles sold 12,716 shares at $47.14 per share on Aug 24. Company shares held by the Chair and CEO now total 631,374.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Cisco Systems Inc. pays an annual dividend of $1.52, resulting in a dividend yield of 3.65%, and it has a price to earnings (P/E) ratio of 14.75. CSCO’s most recent ex-dividend date was 10/04/2022 when it declared a $0.38 quarterly dividend that was paid in cash on 10/26/2022. Previously, the company paid the dividend on 07/27/2022 with an ex-dividend date of 07/05/2022. The dividend was $0.38 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for CSCO in the last 3 months, the mean price target is $53.67 with high estimates of $65.00 and low estimates of $44.00. In terms of 52-week highs and lows, CSCO has a high of $64.29 and a low of $40.82.

As of this writing, CSCO has an earnings estimate of $0.73 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.77 per share and a lower estimate of $0.71. The company reported an EPS of $0.74 in the last quarter, which was 1.37% higher than expectations of $0.73.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 29 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CSCO is Sell with a score of 3.75. A total of 10 analysts rated the stock as Buy while 2 rated it as Overweight while 16 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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