Cisco Systems (CSCO) Stock Price, News & Analysis

Question

Should I buy or sell Cisco Systems stock right now?

Answer 1

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last twelve months. There are currently 2 sell ratings, 14 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CSCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSCO, but not buy additional shares or sell existing shares.
View CSCO analyst ratings or view top-rated stocks.

Answer 2

24 brokerages have issued twelve-month price targets for Cisco Systems' shares. Their CSCO share price targets range from $45.00 to $76.00. On average, they expect the company's stock price to reach $58.21 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
View analysts price targets for CSCO or view top-rated stocks among Wall Street analysts.

Answer 3

Cisco Systems' stock was trading at $50.52 on January 1st, 2024. Since then, CSCO shares have decreased by 1.1% and is now trading at $49.95.
View the best growth stocks for 2024 here.

Answer 4

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our CSCO earnings forecast.

Answer 5

Cisco Systems will be holding an earnings conference call on Wednesday, February 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Answer 6

Cisco Systems, Inc. (NASDAQ:CSCO) posted its quarterly earnings results on Wednesday, November, 15th. The network equipment provider reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $0.91 by $0.20. The network equipment provider had revenue of $14.67 billion for the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a net margin of 23.40% and a trailing twelve-month return on equity of 34.41%. The firm's revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business earned $0.77 EPS.
Read the conference call transcript.

Answer 7

Cisco Systems declared a quarterly dividend on Wednesday, November 15th. Investors of record on Thursday, January 4th will be paid a dividend of $0.39 per share on Wednesday, January 24th. This represents a $1.56 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend is Wednesday, January 3rd.
Read our dividend analysis for CSCO.

Answer 8

Cisco Systems (NASDAQ:CSCO) pays an annual dividend of $1.56 per share and currently has a dividend yield of 3.12%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSCO will have a dividend payout ratio of 44.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSCO.

Answer 9

ETFs with the largest weight of Cisco Systems (NASDAQ:CSCO) stock in their portfolio include iShares U.S. Telecommunications ETF (IYZ), iShares U.S. Digital Infrastructure and Real Estate ETF (IGN), Pacer Data and Digital Revolution ETF (TRFK), First Trust Nasdaq Cybersecurity ETF (CIBR), FT Vest DJIA Dogs 10 Target Income ETF (DOGG), Invesco Next Gen Connectivity ETF (PXQ), First Trust Dow Jones Internet Index Fund (FDN) and iShares MSCI USA Value Factor ETF (VLUE).

Answer 10

Cisco Systems announced that its board has authorized a share repurchase plan on Wednesday, February 16th 2022, which permits the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 6.4% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

Answer 11

Cisco Systems updated its FY 2024 earnings guidance on Wednesday, November, 15th. The company provided earnings per share guidance of $3.87-$3.93 for the period, compared to the consensus EPS estimate of $4.05. The company issued revenue guidance of $53.80 billion-$55.00 billion, compared to the consensus revenue estimate of $57.76 billion.

Answer 12

Based on aggregate information from My MarketBeat watchlists, some companies that other Cisco Systems investors own include Intel (INTC), AT&T (T), NVIDIA (NVDA), Pfizer (PFE), Johnson & Johnson (JNJ), Verizon Communications (VZ), Walt Disney (DIS), Micron Technology (MU), QUALCOMM (QCOM) and JPMorgan Chase & Co. (JPM).

Answer 13

Cisco Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Charles Schwab Investment Management Inc. (1.81%), Nordea Investment Management AB (0.47%), California Public Employees Retirement System (0.46%), Dimensional Fund Advisors LP (0.44%), Swiss National Bank (0.31%) and Sumitomo Mitsui Trust Holdings Inc. (0.29%). Insiders that own company stock include Charles Robbins, Deborah L Stahlkopf, Geraldine Elliott, Jeffery S Sharritts, Kristina M Johnson, M Michele Burns, Maria Martinez, Maria Victoria Wong, Mark D Chandler, Mark Garrett, Prat Bhatt, Richard Scott Herren and Roderick C Mcgeary.
View institutional ownership trends.

Answer 14

Shares of CSCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Answer 15

The following companies are subsidiares of Cisco Systems: 2234829 Alberta ULC, 2234842 Alberta ULC, A.M. Briggs, Almacén Fiscal Frionet Caldera S.A., Almacén Fiscal Frionet Limón S.A., Appert's Foodservice, Arnotts Fruit Limited, Asian Foods, Bahamas Food Holdings Limited, Bahamas Food Services Limited, Brake Bros, Brake Bros Foodservice Ireland Limited, Brake Bros. Foodservice Limited, Brake Bros. Holding I Limited, Brake Bros. Ltd., Buchy Food Service, Buckhead Beef Co., Buckhead Meat & Seafood Mid-Atlantic Inc., Buckhead Meat & Seafood of Houston Inc., Buckhead Meat Company, Buckhead Meat Midwest Inc., Buckhead Meat of Dallas Inc., Buckhead Meat of Denver Inc., Buckhead Meat of San Antonio LP, Central Seafood Co., Christys Wine & Spirits Limited, Clafra Aktiebolag, Colorado Boxed Beef Co - Specialty meat-cutting division, Corporacion Frionet Sociedad Anonima, Crossgar Foodservice, Crossgar Foodservice Limited, Crown I Enterprises Inc., Cucina Acquisitions UK Limited, Cucina Finance UK Limited, Cucina French Holdings Limited, Cucina Fresh Finance Limited, Cucina Fresh Investments Limited, Cucina Lux Investments Limited, Curleys Quality Foods Limited Third Party, Davigel Belgilux S.A., Desert Meats & Provisions, Distagro, Doerle Food Service, Doughtie's Foods Inc., Dust Bowl City LLC, Eko Fågel Fisk o mittemellan AB, Enclave Insurance Company, Enclave Parkway Association Inc., Enclave Properties LLC, European Imports, European Imports Inc., Freedman Meats, Fresh Direct Group Limited, Fresh Direct Limited, Fresh Direct UK Limited, Fresh Holdings Limited, FreshPoint, FreshPoint Arizona Inc., FreshPoint Atlanta Inc., FreshPoint California Inc., FreshPoint Central California Inc., FreshPoint Central Florida Inc., FreshPoint Connecticut LLC, FreshPoint Dallas Inc., FreshPoint Denver Inc., FreshPoint Hawaii LLC, FreshPoint Inc., FreshPoint North Carolina Inc., FreshPoint Oklahoma City LLC, FreshPoint Pompano Real Estate LLC, FreshPoint Puerto Rico LLC, FreshPoint San Francisco Inc., FreshPoint South Florida Inc., FreshPoint South Texas Inc., FreshPoint Southern California Inc., FreshPoint Tomato LLC, FreshPoint Vancouver Ltd., Freshfayre Limited, Fruktservice i Helsingborg AB, GHS Classic Drinks Limited, Gilchrist & Soames Inc., Gilchrist & Soames UK Limited, Greco and Sons, Guest Packaging LLC, Guest Supply, Guest Supply Asia Limited, Guest Supply Singapore Private Ltd., International Food Group, J & M Wholesale Meats, J. Kings Food Service Professionals, Kent Frozen Foods, Les Ateliers Du Gout, Liquid Assets Limited, M&J Seafood Holdings Limited, M&J Seafood Limited, Manchester Mills LLC, Mayca Autoservicio S.A., Mayca Distribuidores S.A., Menigo Foodservice AB, Mitshim Etatu Supply LP, Newport Meat, Newport Meat Northern California Inc., Newport Meat Pacific Northwest Inc., Newport Meat Southern California Inc., Newport Meat of Nevada Inc., North Star Seafood, North Star Seafood LLC, PFS de Mexico S.A. de C.V., Palisades Ranch Inc., Pallas Foods, Pallas Foods Farm Fresh Unlimited Company, Pauleys Produce Limited, Promotora del Servicios S.A. de C.V., Restaurangakdemien AB, Rohan Viandes Elaboration SAS, SMS Bermuda Holdings, SMS GPC International Limited, SMS GPC International Resources Limited, SMS Global Holdings S.á.r.l., SMS International Resources Ireland Unlimited Company, SMS Lux Holdings LLC, SOTF LLC, SYY Netherlands C.V., SYY Panama S. de R.L., Serca Foodservice, Servicestyckarna I Johannes AB, Servicios Ameriserve S.A. de C.V., Shenzhen Guest Supply Trading Co. Limited, Societe Civile Immobiliere SCI Bianchi Montegut, Societe Civile Immobiliere SCI De Boiseau, Societe Civile Immobiliere SCI De Garcelles, Societe Civile Immobiliere SCI J.D. Lanjouan, Societe Civile Immobiliere SCI Le Dauphin, Stockflag Limited, Stockholms Fiskauktion AB, Supplies on the Fly, Sysco Albany LLC, Sysco Asian Foods Inc., Sysco Atlanta LLC, Sysco Autoservicio S.A., Sysco Baltimore LLC, Sysco Baraboo LLC, Sysco Bermuda Partners L.P., Sysco Boston LLC, Sysco Canada Financial Services LP, Sysco Canada Holdings S.á.r.l., Sysco Canada Inc., Sysco Central Alabama LLC, Sysco Central California Inc., Sysco Central Florida Inc., Sysco Central Illinois Inc., Sysco Central Pennsylvania LLC, Sysco Charlotte LLC, Sysco Chicago Inc., Sysco Cincinnati LLC, Sysco Cleveland Inc., Sysco Columbia LLC, Sysco Connecticut LLC, Sysco Corporation, Sysco Corporation Director's Deferred Compensation Plan Trust, Sysco Corporation Employee's 401k Plan Trust, Sysco Corporation Executive Deferred Compensation Plan Trust, Sysco Corporation Good Government Committee Inc., Sysco Corporation Retirement Trust, Sysco Corporation Supplemental Executive Retirement Trust, Sysco Corporation Supplemental Unemployment Benefits Plan Trust, Sysco Detroit LLC, Sysco Disaster Relief Foundation Inc., Sysco EI VI S.á.r.l., Sysco EU II S.á.r.l., Sysco EU III S.á.r.l., Sysco EU IV Capital Unlimited Company, Sysco EU IV S.á.r.l.., Sysco EU V S.á.r.l., Sysco East Coast Holdings LLC, Sysco Eastern Maryland LLC, Sysco Eastern Wisconsin LLC, Sysco Foods Ireland Unlimited Company, Sysco Foods NI Limited, Sysco Foundation Inc., Sysco France Holding SAS, Sysco France SAS, Sysco George Town II LLC, Sysco George Town Limited S.á.r.l.., Sysco Global Finance LLC, Sysco Global Finance LLP, Sysco Global Holdings B.V., Sysco Grand Cayman Company, Sysco Grand Cayman II Company, Sysco Grand Cayman III Company, Sysco Grand Rapids LLC, Sysco Guernsey Limited, Sysco Guest Supply Canada Inc., Sysco Guest Supply Europe Goods Wholesalers LLC, Sysco Guest Supply Europe Limited, Sysco Guest Supply LLC, Sysco Gulf Coast LLC, Sysco Hampton Roads Inc., Sysco Hawaii Inc., Sysco Holdings II LLC, Sysco Holdings LLC, Sysco Indianapolis LLC, Sysco International Food Group Inc., Sysco International Inc., Sysco Iowa Inc., Sysco Jackson LLC, Sysco Jacksonville Inc., Sysco Kansas City Inc., Sysco Knoxville LLC, Sysco Labs Europe Limited, Sysco Labs Technologies Private Limited, Sysco Leasing LLC, Sysco Lincoln Inc., Sysco Lincoln Transportation Company Inc., Sysco Long Island LLC, Sysco Los Angeles Inc., Sysco Louisville Inc., Sysco Memphis LLC, Sysco Merchandising and Supply Chain Services Canada Inc., Sysco Merchandising and Supply Chain Services Inc., Sysco Metro New York LLC, Sysco Minnesota Inc., Sysco Montana Inc., Sysco Nashville LLC, Sysco Netherlands Partners LLC, Sysco North Dakota Inc., Sysco Northern New England Inc., Sysco Offshore Private Limited, Sysco Philadelphia LLC, Sysco Pittsburgh LLC, Sysco Portland Inc., Sysco Raleigh LLC, Sysco Resources Services LLC, Sysco Riverside Inc., Sysco Sacramento Inc., Sysco San Diego Inc., Sysco San Francisco Inc., Sysco Seattle Inc., Sysco South Florida Inc., Sysco Southeast Florida LLC, Sysco Spain Holdings SLU, Sysco Spokane Inc., Sysco St. Louis LLC, Sysco Syracuse LLC, Sysco Technologies Cayman Ltd., Sysco Technologies LLC, Sysco UK Holdings Limited, Sysco UK Limited, Sysco UK Partners LLP, Sysco USA I Inc., Sysco USA II LLC, Sysco USA III LLC, Sysco Ventura Inc., Sysco Virginia LLC, Sysco West Coast Florida Inc., Sysco Western Minnesota Inc., The SYGMA Network Inc., Upsys, Victua SAS, Walker Foods Inc., Waugh Foods, and Wild Harvest Limited.

Cisco Systems (CSCO) Stock Price, News & Analysis

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