Cisco Systems, Inc. (NASDAQ:CSCO)’s traded shares stood at 12.69 million during the last session, with the company’s beta value hitting 0.85. At the close of trading, the stock’s price was $48.11, to imply an increase of 0.67% or $0.32 in intraday trading. The CSCO share’s 52-week high remains $58.19, putting it -20.95% down since that peak but still an impressive 5.3% since price per share fell to its 52-week low of $45.56. The company has a valuation of $194.81B, with an average of 19.89 million shares over the past 3 months.
Cisco Systems, Inc. (NASDAQ:CSCO) trade information
After registering a 0.67% upside in the last session, Cisco Systems, Inc. (CSCO) has traded red over the past five days. The stock hit a weekly high of 49.79, jumping 0.67% in its intraday price action. The 5-day price performance for the stock is -2.87%, and -2.10% over 30 days. With these gigs, the year-to-date price performance is -4.77%.
Cisco Systems, Inc. (CSCO) estimates and forecasts
Looking at statistics comparing Cisco Systems, Inc. share performance against respective industry, we note that the company has underperformed competitors. Cisco Systems, Inc. (CSCO) shares are -10.81% down over the last 6 months, with its year-to-date growth rate lower than industry average at -5.14% against 10.70%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 173.71% for the past 5-year period. While 2024 is set for a -5.39% return in earnings, projections for the next 5 years are at 4.19% annually.
CSCO Dividends
Cisco Systems, Inc. has its next earnings report out on May 15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Cisco Systems, Inc. has a forward dividend ratio of 1.57, with the share yield ticking at 3.26% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
