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Friday, September 29, 2023

Analysts Point To Cisco Systems Inc. (NASDAQ: CSCO) Growth In The Future

After Hours

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. After-hours trades for Cisco Systems Inc. (CSCO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.14, or 0.25%, to $56.93. The Cisco Systems Inc. has recorded 1,466,823 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Cisco Networking Academy Fostering Founders, One Learner at a Time.

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Stocks Info

As a NASDAQ listed company, CSCO falls under the Technology sector while operating within the Communication Equipment industry segment. At the end of the last regular session, the stock closed at $56.79 and fluctuated between $57.09 as its day high and $56.66 as its day low. The current market capitalization of Cisco Systems Inc. is $229.46B. A total of 14.76 million shares were traded on the day, compared to an average of 18.20M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CSCO has seen 3 BUY and 18 SELL insider trades, representing the acquisition of 1,684 and the disposition of 87,700 shares. Over the last 12 months, there were 38 BUYs and 74 SELLs from insiders. Insiders purchased 1,205,425 shares during that period but sold 818,795.

In the most recent transaction, Robbins Charles sold 17,687 shares of CSCO for 55.16 per share on Aug 18. After the transaction, the Chair and CEO now owns 716,191 company shares. In a previous transaction on Aug 18, Martinez Maria sold 10,000 shares at 55.18 per share. CSCO shares that EVP & Chief Operating Officer owns now total 399,240.

Among the insiders who sold shares, Wong Maria Victoria disposed of 6,186 shares on Aug 18 at a per-share price of $54.65. This resulted in the SVP & Chief Acctg Officer holding 64,493 shares of CSCO after the transaction. In another insider transaction, Herren Richard Scott sold 2,600 shares at $55.14 per share on Aug 18. Company shares held by the EVP and CFO now total 278,658,408.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cisco Systems Inc. pays an annual dividend of $1.56, resulting in a dividend yield of 2.75%, and it has a price to earnings (P/E) ratio of 18.49. CSCO’s most recent ex-dividend date was 10/3/2023 when it declared a $0.39 quarterly dividend that was paid in cash on 10/25/2023. Previously, the company paid the dividend on 7/26/2023 with an ex-dividend date of 7/5/2023. The CSCO stock dividend was $0.39 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CSCO in the last 3 months, the mean price target is $58.37 with high estimates of $68.00 and low estimates of $45.00. In terms of 52-week highs and lows, CSCO has a high of $58.19 and a low of $38.60.

As of this writing, CSCO has an earnings estimate of $1.03 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $1.04 per share and a lower estimate of $1.02. The company reported an EPS of $1 in the last quarter, which was 3.10% higher than expectations of $0.97.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CSCO’s latest balance sheet shows that the firm has $24.52B in Cash & Short Term Investments as of fiscal 2021. There were $11.53B in debt and $26.26B in liabilities at the time. Its Book Value Per Share was $10.34, while its Total Shareholder’s Equity was $41.27B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 3.60.

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