On Friday, Cisco Systems, Inc. (NASDAQ: CSCO) opened lower -0.39% from the last session, before settling in for the closing price of $55.96. Price fluctuations for CSCO have ranged from $44.50 to $57.06 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 0.90% annually for the last half of the decade. Company’s average yearly earnings per share was noted -4.20% at the time writing. With a float of $3.98 billion, this company’s outstanding shares have now reached $4.01 billion.
In an organization with 90400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 65.34%, operating margin of 23.94%, and the pretax margin is 22.74%.
Cisco Systems, Inc. (CSCO) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Cisco Systems, Inc. is 0.24%, while institutional ownership is 76.66%. The most recent insider transaction that took place on Sep 12 ’24, was worth 31,319. In this transaction SVP & Chief Acctg Officer of this company sold 638 shares at a rate of $49.09, taking the stock ownership to the 46,017 shares. Before that another transaction happened on Sep 12 ’24, when Company’s EVP, Operations sold 1,328 for $48.92, making the entire transaction worth $64,966. This insider now owns 132,910 shares in total.
Cisco Systems, Inc. (CSCO) Latest Financial update
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 1.11 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.03) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.89% during the next five years compared to -0.54% drop over the previous five years of trading.
Cisco Systems, Inc. (NASDAQ: CSCO) Trading Performance Indicators
Check out the current performance indicators for Cisco Systems, Inc. (CSCO). In the past quarter, the stock posted a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.13. Likewise, its price to free cash flow for the trailing twelve months is 21.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.54, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.87 in one year’s time.
Technical Analysis of Cisco Systems, Inc. (CSCO)
Let’s dig in a bit further. During the last 5-days, its volume was 15.43 million. That was inferior than the volume of 19.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.53%. Additionally, its Average True Range was 0.80.
During the past 100 days, Cisco Systems, Inc.’s (CSCO) raw stochastic average was set at 89.53%, which indicates a significant increase from 72.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.05% in the past 14 days, which was lower than the 20.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.10, while its 200-day Moving Average is $49.16. However, in the short run, Cisco Systems, Inc.’s stock first resistance to watch stands at $56.36. Second resistance stands at $56.97. The third major resistance level sits at $57.31. If the price goes on to break the first support level at $55.40, it is likely to go to the next support level at $55.05. The third support level lies at $54.44 if the price breaches the second support level.
Cisco Systems, Inc. (NASDAQ: CSCO) Key Stats
There are currently 4,028,815K shares outstanding in the company with a market cap of 222.18 billion. Presently, the company’s annual sales total 53,803 M according to its annual income of 10,320 M. Last quarter, the company’s sales amounted to 13,642 M and its income totaled 2,162 M.
