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. Yahoo Finance discussed the stock recently as it posted Cisco to Host Tech Talk on Splunk.

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Stocks Info

The company is listed on the NASDAQ and operates within the Communication Equipment industry segment. The current market capitalization of Cisco Systems, Inc. is $200.56B. A total of 14.86 million shares were traded on the day, compared to an average of 20.02M shares.

In the most recent transaction, Stahlkopf Deborah L sold 237 shares of CSCO for 50.27 per share on Mar 14 ’24. After the transaction, the EVP and Chief Legal Officer now owns 191,322 company shares. In a previous transaction on Mar 14 ’24, Sharritts Jeffery S. sold 132 shares at 50.27 per share. CSCO shares that EVP & Chief Cust & Prtnr Offcr owns now total 245,657.

Among the insiders who sold shares, Stahlkopf Deborah L disposed of 3,002 shares on Mar 13 ’24 at a per-share price of $50.01. This resulted in the EVP and Chief Legal Officer holding 191,559 shares of CSCO after the transaction. In another insider transaction, Sharritts Jeffery S. sold 2,534 shares at $50.01 per share on Mar 13 ’24. Company shares held by the EVP & Chief Cust & Prtnr Offcr now total 245,789.

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 $1.57, resulting in a dividend yield of 3.17%, and it has a price to earnings (P/E) ratio of 15.08. CSCO’s most recent ex-dividend date was 4/3/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 4/24/2024. Previously, the company paid the dividend on 1/24/2024 with an ex-dividend date of 1/3/2024. The CSCO stock dividend was $0.39 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. In terms of 52-week highs and lows, CSCO has a high of $58.19 and a low of $45.56.

As of this writing, CSCO has an earnings estimate of $0.77 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $0.79 per share and a lower estimate of $0.72. The company reported an EPS of $1.11 in the last quarter, which was 7.80% higher than expectations of $1.03.

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. 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 $11.42, while its Total Shareholder’s Equity was $41.27B.

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, 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 3.32.

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