Cisco Systems, Inc (NASDAQ:CSCO)’s traded shares stood at 12.94 million during the last session, with the company’s beta value hitting 0.91. At the close of trading, the stock’s price was $68.29, to imply a decrease of -0.48% or -$0.33 in intraday trading. The CSCO share’s 52-week high remains $69.78, putting it -2.18% down since that peak but still an impressive 34.84% since price per share fell to its 52-week low of $44.50. The company has a valuation of $270.43B, with an average of 15.26 million shares in intraday trading volume over the past 10 days and average of 19.94 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Cisco Systems, Inc (CSCO), translating to a mean rating of 1.93. Of 24 analyst(s) looking at the stock, 0 analyst(s) give CSCO a Sell rating. 0 of those analysts rate the stock as Overweight while 12 advise Hold as 12 recommend it as a Buy.
Cisco Systems, Inc (NASDAQ:CSCO) trade information
After registering a -0.48% downside in the last session, Cisco Systems, Inc (CSCO) has traded red over the past five days. The 5-day price performance for the stock is -0.01%, and 0.59% over 30 days. With these gigs, the year-to-date price performance is 45.86%. Short interest in Cisco Systems, Inc (NASDAQ:CSCO) saw shorts transact 49.34 million shares and set a 2.18 days time to cover.
The extremes give us $64 and $79 for target low and target high price respectively. As such, CSCO has been trading -15.68% off suggested target high and 6.28% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -0.54% for the past 5-year period. While 2025 is set for a 1.57% return in earnings, projections for the next 5 years are at 5.19% annually.
CSCO Dividends
Cisco Systems, Inc has its next earnings report out on 2025-May-14. 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 1.62, with the share yield ticking at 2.37% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.0%.
Cisco Systems, Inc (NASDAQ:CSCO)’s Major holders
Cisco Systems, Inc insiders hold 0.07% of total outstanding shares, with institutional holders owning 81.28% of the shares at 81.34% float percentage. In total, 81.28% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 386.35 million shares (or 9.6155% of shares), all amounting to roughly $18.36 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 354.83 million shares, or about 8.8311% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $16.86 billion.