A new trading day began on Friday, with Cisco Systems, Inc (NASDAQ: CSCO) stock price down -0.62% from the previous day of trading, before settling in for the closing price of $59.98. CSCO’s price has ranged from $44.50 to $60.23 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. Meanwhile, its annual earnings per share averaged -2.05%. With a float of $3.97 billion, this company’s outstanding shares have now reached $3.97 billion.
In an organization with 90400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 64.91%, operating margin of 20.48%, and the pretax margin is 18.99%.
Cisco Systems, Inc (CSCO) Insider Updates
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 76.57%. The most recent insider transaction that took place on Dec 12 ’24, was worth 180,058. In this transaction EVP, Operations of this company sold 3,042 shares at a rate of $59.19, taking the stock ownership to the 207,798 shares. Before that another transaction happened on Dec 12 ’24, when Company’s SVP & Chief Acctg Officer sold 586 for $58.69, making the entire transaction worth $34,392. This insider now owns 50,767 shares in total.
Cisco Systems, Inc (CSCO) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.04% 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
Here are Cisco Systems, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.45. Likewise, its price to free cash flow for the trailing twelve months is 20.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.32, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 3.91 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 23.94 million. That was better than the volume of 19.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.78%. Additionally, its Average True Range was 0.88.
During the past 100 days, Cisco Systems, Inc’s (CSCO) raw stochastic average was set at 96.06%, which indicates a significant increase from 84.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.58% in the past 14 days, which was lower than the 18.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $57.90, while its 200-day Moving Average is $50.93. However, in the short run, Cisco Systems, Inc’s stock first resistance to watch stands at $60.04. Second resistance stands at $60.47. The third major resistance level sits at $60.93. If the price goes on to break the first support level at $59.16, it is likely to go to the next support level at $58.70. Assuming the price breaks the second support level, the third support level stands at $58.27.
Cisco Systems, Inc (NASDAQ: CSCO) Key Stats
With a market capitalization of 235.95 billion, the company has a total of 3,982,758K Shares Outstanding. Currently, annual sales are 53,803 M while annual income is 10,320 M. The company’s previous quarter sales were 13,841 M while its latest quarter income was 2,711 M.
