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Cisco Systems (CSCO) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

16 February 1990

Description:

Cisco Systems, Inc. is engaged in the development, manufacturing, and sale of networking and telecommunications equipment. Founded in 1984. The headquarters is located in San Jose, California. The products created by the company are grouped into the following categories: Infrastructure platforms - switching devices, routing devices, products for data centers, and wireless networks. Applications - hardware and software solutions for data centers. Security - unified threat management products, modern threat protection products, and web security products. Other products - software and solutions for service providers, as well as products for managing cloud systems.

Key Details

Price

$59.58

TTM Dividend Yield

2.67%(-17.34% YoY)

Annual Revenue

$53.80 B(-5.61% YoY)

Annual EPS

$2.54(-17.26% YoY)

PE Ratio

25.57(+76.59% YoY)

Beta

0.68

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Nov 13, 2024

Recent annual earnings:

Aug 14, 2024
Dividend

Next ex-dividend date:

Jan 03, 2025

Recent ex-dividend date:

Oct 02, 2024
Splits

Next split:

N/A

Recent split:

Mar 23, 2000

Analyst ratings

Recent major analysts updates

14 Nov '24 Wells Fargo
Equal-Weight
14 Nov '24 UBS
Neutral
14 Nov '24 Piper Sandler
Neutral
14 Nov '24 Morgan Stanley
Overweight
14 Nov '24 Citigroup
Buy
14 Nov '24 Barclays
Equal-Weight
14 Nov '24 B of A Securities
Buy
11 Nov '24 JP Morgan
Overweight
16 Oct '24 Citigroup
Buy
14 Oct '24 Tigress Financial
Buy

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Institutional Ownership

Cisco to Host 2024 Virtual Annual Meeting of Stockholders
Cisco to Host 2024 Virtual Annual Meeting of Stockholders
Cisco to Host 2024 Virtual Annual Meeting of Stockholders
CSCO
prnewswire.com26 November 2024

SAN JOSE, Calif., Nov. 26, 2024 /PRNewswire/ -- Cisco (NASDAQ: CSCO) is set to hold its 2024 Annual Meeting of Stockholders on Monday, December 9, 2024, starting at 8:00 a.m.

Zones Earns Cisco Gold Provider Designation, Reinforcing Leadership in IT Solutions
Zones Earns Cisco Gold Provider Designation, Reinforcing Leadership in IT Solutions
Zones Earns Cisco Gold Provider Designation, Reinforcing Leadership in IT Solutions
CSCO
businesswire.com26 November 2024

AUBURN, Wash.--(BUSINESS WIRE)--Zones, a leading company in complete IT solutions, is excited to announce that it has earned the Cisco Gold Provider status. This achievement highlights Zones' commitment to providing top-notch managed services and cutting-edge technology solutions, reinforcing its reputation as a reliable partner in the IT sector. The Cisco Gold Provider status is given to partners who consistently show exceptional skill in implementing and managing Cisco technologies.

Hummingbird Networks Unveils Custom IT Services for Businesses: Buy, Design, Deploy, or Fully Manage Cisco Meraki Networks
Hummingbird Networks Unveils Custom IT Services for Businesses: Buy, Design, Deploy, or Fully Manage Cisco Meraki Networks
Hummingbird Networks Unveils Custom IT Services for Businesses: Buy, Design, Deploy, or Fully Manage Cisco Meraki Networks
CSCO
newsfilecorp.com26 November 2024

Simi Valley, California--(Newsfile Corp. - November 26, 2024) - Hummingbird Networks, a reliable certified Cisco Meraki partner, has launched its customized IT services to assist businesses in overcoming their technology issues, allowing them to concentrate on their growth plans. To address tech challenges, the company introduces its four key IT Mastery services: BuyIT, DesignIT, DeployIT, and ManageIT, aimed at creating a simpler and more strategic future.

3 Top Bargain Stocks Ready for a Bull Run
3 Top Bargain Stocks Ready for a Bull Run
3 Top Bargain Stocks Ready for a Bull Run
CSCO
fool.com24 November 2024

In 2024, the S&P 500 and Nasdaq Composite are frequently reaching new record highs, making it more challenging to discover appealing tech stocks at good prices. Nvidia, a popular choice among investors, is currently valued at 37 times its expected earnings, while the well-established Apple has a forward price-to-earnings ratio of 31.

Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know
Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know
Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know
CSCO
zacks.com19 November 2024

Cisco (CSCO) has been getting a lot of interest from users on Zacks.com recently. As a result, it's important to understand the factors that could affect the stock's future.

Cisco to Participate in RBC Conference
Cisco to Participate in RBC Conference
Cisco to Participate in RBC Conference
CSCO
prnewswire.com15 November 2024

SAN JOSE, Calif., Nov. 15, 2024 /PRNewswire/ -- Cisco has announced its involvement in an upcoming event for the financial community.

Cisco Systems Long-Term AI Play Turns a Corner: New Highs Likely
Cisco Systems Long-Term AI Play Turns a Corner: New Highs Likely
Cisco Systems Long-Term AI Play Turns a Corner: New Highs Likely
CSCO
marketbeat.com15 November 2024

Cisco Systems, listed on NASDAQ as CSCO, is a smart investment for the long term when it comes to AI. Instead of relying on GPUs, CPUs, and AI training, its strengths lie in the practical use of AI over time. Investors should pay attention to this potential.

Cisco's 'financial discipline' is 'paying off': CFO
Cisco's 'financial discipline' is 'paying off': CFO
Cisco's 'financial discipline' is 'paying off': CFO
CSCO
youtube.com14 November 2024

Cisco Systems (CSCO) announced better-than-anticipated results for the first quarter of its fiscal year 2025. The company's revenue reached $13.84 billion, exceeding the forecast of $13.77 billion.

Cisco's Q1 Results Didn't Impress The Market, But It Remains A Strong Value Play
Cisco's Q1 Results Didn't Impress The Market, But It Remains A Strong Value Play
Cisco's Q1 Results Didn't Impress The Market, But It Remains A Strong Value Play
CSCO
seekingalpha.com14 November 2024

Even though Cisco Systems, Inc. experienced a year-over-year revenue drop in the first quarter of fiscal 2025, I am still very optimistic about its stock because of its strong value and growth opportunities in AI and subscription services. The company is undervalued compared to its competitors, with a price-to-earnings ratio of 15.81 for this year, and it offers a solid dividend and share buyback program that benefits shareholders. Cisco's reliable business model and varied revenue sources, including a notable rise in recurring revenue, set it up well for future growth.

CSCO to Grow Amid "Fairly Bright" Networking Industry
CSCO to Grow Amid "Fairly Bright" Networking Industry
CSCO to Grow Amid "Fairly Bright" Networking Industry
CSCO
youtube.com14 November 2024

Keith Snyder points out that Cisco (CSCO) has some weaknesses in its public sector involvement, but he thinks the management's confidence indicates the company has potential for growth. Meanwhile, William Kerwin believes that a more stable demand in the industry will benefit Cisco in the long run.

FAQ

  • What is the primary business of Cisco Systems?
  • What is the ticker symbol for Cisco Systems?
  • Does Cisco Systems pay dividends?
  • What sector is Cisco Systems in?
  • What industry is Cisco Systems in?
  • What country is Cisco Systems based in?
  • When did Cisco Systems go public?
  • Is Cisco Systems in the S&P 500?
  • Is Cisco Systems in the NASDAQ 100?
  • Is Cisco Systems in the Dow Jones?
  • When was Cisco Systems's last earnings report?
  • When does Cisco Systems report earnings?
  • Should I buy Cisco Systems stock now?

What is the primary business of Cisco Systems?

Cisco Systems, Inc. is engaged in the development, manufacturing, and sale of networking and telecommunications equipment. Founded in 1984. The headquarters is located in San Jose, California. The products created by the company are grouped into the following categories: Infrastructure platforms - switching devices, routing devices, products for data centers, and wireless networks. Applications - hardware and software solutions for data centers. Security - unified threat management products, modern threat protection products, and web security products. Other products - software and solutions for service providers, as well as products for managing cloud systems.

What is the ticker symbol for Cisco Systems?

The ticker symbol for Cisco Systems is NASDAQ:CSCO

Does Cisco Systems pay dividends?

Yes, Cisco Systems pays dividends. The last payment was $0.40, with an ex-dividend date on 02 October 2024

What sector is Cisco Systems in?

Cisco Systems is in the Technology sector

What industry is Cisco Systems in?

Cisco Systems is in the Communication Equipment industry

What country is Cisco Systems based in?

Cisco Systems is headquartered in United States

When did Cisco Systems go public?

Cisco Systems's initial public offering (IPO) was on 16 February 1990

Is Cisco Systems in the S&P 500?

Yes, Cisco Systems is included in the S&P 500 index

Is Cisco Systems in the NASDAQ 100?

Yes, Cisco Systems is included in the NASDAQ 100 index

Is Cisco Systems in the Dow Jones?

Yes, Cisco Systems is included in the Dow Jones index

When was Cisco Systems's last earnings report?

Cisco Systems's most recent earnings report was on 13 November 2024

When does Cisco Systems report earnings?

The next expected earnings date for Cisco Systems is 14 February 2025

Should I buy Cisco Systems stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions