During the last session, Cisco Systems, Inc. (NASDAQ:CSCO)’s traded shares were 18.71 million, with the beta value of the company hitting 0.85. At the end of the trading day, the stock’s price was $48.10, reflecting an intraday loss of -0.52% or -$0.25. The 52-week high for the CSCO share is $58.19, that puts it down -20.98 from that peak though still a striking 5.28% gain since the share price plummeted to a 52-week low of $45.56. The company’s market capitalization is $194.77B, and the average trade volume was 19.71 million shares over the past three months.
Cisco Systems, Inc. (NASDAQ:CSCO) trade information
Cisco Systems, Inc. (CSCO) registered a -0.52% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.52% in intraday trading to $48.10, hitting a weekly high. The stock’s 5-day price performance is -0.02%, and it has moved by -2.93% in 30 days. Based on these gigs, the overall price performance for the year is 2.14%.
Cisco Systems, Inc. (CSCO) estimates and forecasts
Statistics show that Cisco Systems, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Cisco Systems, Inc. (CSCO) shares have gone down -9.26% during the last six months, with a year-to-date growth rate less than the industry average at -5.40% against 10.60. In the rating firms’ projections, revenue will decrease -2.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.48B as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 13.11B by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 173.71%. While earnings are projected to return -5.54% in 2024, the next five years will return 4.19% per annum.
CSCO Dividends
Cisco Systems, Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Cisco Systems, Inc. is 1.57, with the dividend yield indicating at 3.26 percent, continuing the trend of increasing dividends in recent years.
