Cisco Systems, Inc. (NASDAQ:CSCO) has a beta value of 0.85 and has seen 11.6 million shares traded in the last trading session. The company, currently valued at $193.47B, closed the last trade at $47.78 per share which meant it lost -$0.08 on the day or -0.17% during that session. The CSCO stock price is -21.79% off its 52-week high price of $58.19 and 4.65% above the 52-week low of $45.56. The 3-month trading volume is 19.70 million shares.

Cisco Systems, Inc. (NASDAQ:CSCO) trade information

Sporting -0.17% in the red in last session, the stock has traded in the red over the last five days, when the CSCO stock price touched $47.78 or saw a rise of 2.35%. Year-to-date, Cisco Systems, Inc. shares have moved -5.42%, while the 5-day performance has seen it change -0.75%. Over the past 30 days, the shares of Cisco Systems, Inc. (NASDAQ:CSCO) have changed -4.27%.

Cisco Systems, Inc. (CSCO) estimates and forecasts

Figures show that Cisco Systems, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -6.99% over the past 6 months, with this year growth rate of -5.40%, compared to 10.60% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -23.00% and -25.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be -8.70%.

18 analysts offering their estimates for the company have set an average revenue estimate of $11.65 billion for the current quarter. 18 have an estimated revenue figure of $12.25 billion for the next quarter concluding in Jul 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 173.71% over the past 5 years. Earnings growth for 2024 is a modest -5.54% while over the next 5 years, the company’s earnings are expected to increase by 4.19%.

CSCO Dividends

Cisco Systems, Inc. is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.57 at a share yield of 3.29%. The company’s dividend yield has gone up over the past 12 months.