Cisco Systems, Inc (CSCO): Street Finally Waking Up

Currently, there are 3.98B common shares owned by the public and among those 3.97B shares have been available to trade.

The company’s stock has a 5-day price change of 0.22% and 11.64% over the past three months. CSCO shares are trading 8.07% year to date (YTD), with the 12-month market performance up to 32.52% higher. It has a 12-month low price of $44.50 and touched a high of $66.50 over the same period. CSCO has an average intraday trading volume of 19.80 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.75%, 5.82%, and 20.33% respectively.

Institutional ownership of Cisco Systems, Inc (NASDAQ: CSCO) shares accounts for 77.06% of the company’s 3.98B shares outstanding.

It has a market capitalization of $254.53B and a beta (3y monthly) value of 0.79. The stock’s trailing 12-month PE ratio is 28.04, while the earnings-per-share (ttm) stands at $2.28. The company has a PEG of 5.64 and a Quick Ratio of 0.79 with the debt-to-equity ratio at 0.71. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.92% over the week and 2.00% over the month.

Analysts forecast that Cisco Systems, Inc (CSCO) will achieve an EPS of 0.92 for the current quarter, 0.95 for the next quarter and 4.0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.9 while analysts give the company a high EPS estimate of 0.9. Comparatively, EPS for the current quarter was 0.88 a year ago. Earnings per share for the fiscal year are expected to decrease by -0.26%, and 7.40% over the next financial year. EPS should grow at an annualized rate of 4.97% over the next five years, compared to -0.54% over the past 5-year period.

Rosenblatt coverage for the Cisco Systems, Inc (CSCO) stock in a research note released on February 13, 2025 offered a Buy rating with a price target of $80. Exane BNP Paribas was of a view on January 28, 2025 that the stock is Outperform, while Citigroup gave the stock Buy rating on January 17, 2025, issuing a price target of $64- $68. Melius on their part issued Buy rating on January 06, 2025.

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