Cisco Systems, Inc. (NASDAQ: CSCO) on Monday, soared 0.23% from the previous trading day, before settling in for the closing price of $47.88. Within the past 52 weeks, CSCO’s price has moved between $44.95 and $58.19.
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Annual sales at Technology sector company grew by 3.06% over the past five years. The company achieved an average annual earnings per share of -4.77%. With a float of $4.02 billion, this company’s outstanding shares have now reached $4.07 billion.
Let’s look at the performance matrix of the company that is accounted for 84900 employees.
Cisco Systems, Inc. (CSCO) Insider and Institutional Ownership
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Cisco Systems, Inc. is 0.23%, while institutional ownership is 76.30%. The most recent insider transaction that took place on Jun 14 ’24, was worth 629,767. In this transaction EVP, Operations of this company sold 13,896 shares at a rate of $45.32, taking the stock ownership to the 150,787 shares. Before that another transaction happened on Jun 13 ’24, when Company’s EVP and Chief Legal Officer sold 2,619 for $45.34, making the entire transaction worth $118,759. This insider now owns 176,384 shares in total.
Cisco Systems, Inc. (CSCO) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -4.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.67% 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
Cisco Systems, Inc. (CSCO) is currently performing well based on its current performance indicators. A quick ratio of 0.82 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.49. Likewise, its price to free cash flow for the trailing twelve months is 15.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.97, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of Cisco Systems, Inc. (CSCO)
Cisco Systems, Inc. (NASDAQ: CSCO) saw its 5-day average volume 17.98 million, a negative change from its year-to-date volume of 19.54 million. As of the previous 9 days, the stock’s Stochastic %D was 58.53%. Additionally, its Average True Range was 0.79.
During the past 100 days, Cisco Systems, Inc.’s (CSCO) raw stochastic average was set at 54.29%, which indicates a significant decrease from 74.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.17% in the past 14 days, which was higher than the 16.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.83, while its 200-day Moving Average is $49.10. Nevertheless, the first resistance level for the watch stands at $48.32 in the near term. At $48.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.09. If the price goes on to break the first support level at $47.55, it is likely to go to the next support level at $47.11. The third support level lies at $46.78 if the price breaches the second support level.
Cisco Systems, Inc. (NASDAQ: CSCO) Key Stats
Market capitalization of the company is 193.34 billion based on 4,028,815K outstanding shares. Right now, sales total 56,998 M and income totals 12,613 M. The company made 12,702 M in profit during its latest quarter, and 1,886 M in sales during its previous quarter.
