A new trading day began on Friday, with Cisco Systems, Inc. (NASDAQ: CSCO) stock price down -2.10% from the previous day of trading, before settling in for the closing price of $49.53. CSCO’s price has ranged from $45.56 to $58.19 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 3.06%. Meanwhile, its annual earnings per share averaged -5.30%. With a float of $4.04 billion, this company’s outstanding shares have now reached $4.07 billion.
The extent of productivity of a business whose workforce counts for 84900 workers is very important to gauge.
Cisco Systems, Inc. (CSCO) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Communication Equipment Industry. The insider ownership of Cisco Systems, Inc. is 0.23%, while institutional ownership is 75.55%. The most recent insider transaction that took place on Mar 14 ’24, was worth 11,914. In this transaction EVP and Chief Legal Officer of this company sold 237 shares at a rate of $50.27, taking the stock ownership to the 191,322 shares. Before that another transaction happened on Mar 14 ’24, when Company’s EVP & Chief Cust & Prtnr Offcr sold 132 for $50.27, making the entire transaction worth $6,636. This insider now owns 245,657 shares in total.
Cisco Systems, Inc. (CSCO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 244.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.19% during the next five years compared to 173.71% growth over the previous five years of trading.
Cisco Systems, Inc. (NASDAQ: CSCO) Trading Performance Indicators
Here are Cisco Systems, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43. Likewise, its price to free cash flow for the trailing twelve months is 14.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.29, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 3.77 in one year’s time.
Technical Analysis of Cisco Systems, Inc. (CSCO)
The latest stats from [Cisco Systems, Inc., CSCO] show that its last 5-days average volume of 18.84 million was inferior to 19.72 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.37%. Additionally, its Average True Range was 0.81.
During the past 100 days, Cisco Systems, Inc.’s (CSCO) raw stochastic average was set at 18.54%, which indicates a significant decrease from 25.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.96% in the past 14 days, which was higher than the 15.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.29, while its 200-day Moving Average is $51.53. Now, the first resistance to watch is $49.00. This is followed by the second major resistance level at $49.51. The third major resistance level sits at $49.79. If the price goes on to break the first support level at $48.21, it is likely to go to the next support level at $47.93. The third support level lies at $47.42 if the price breaches the second support level.
Cisco Systems, Inc. (NASDAQ: CSCO) Key Stats
With a market capitalization of 196.35 billion, the company has a total of 4,049,187K Shares Outstanding. Currently, annual sales are 56,998 M while annual income is 12,613 M. The company’s previous quarter sales were 12,791 M while its latest quarter income was 2,634 M.
