Cisco Systems, Inc (NASDAQ:CSCO) shares, rose in value, with the stock price up by 0.93% to the previous day’s close as strong demand from buyers drove the stock to $63.11.
Actively observing the price movement in the recent trading, the stock is buoying the session at $62.53, falling within a range of $62.72 and $66.5. The PE ratio was 27.17 over 12-month period. Referring to stock’s 52-week performance, its high was $63.25, and the low was $44.50. On the whole, CSCO has fluctuated by 6.37% over the past month.
With the market capitalization of Cisco Systems, Inc currently standing at about $251.35 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.60, with its dividend yield at 2.54%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 56.32B, with a low estimate of 13.93B and a high estimate of 14.15B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14.02B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CSCO’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.66, with the price of CSCO currently trading nearly 2.90% and 5.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.81, while the 7-day volatility ratio is showing 1.50% which for the 30-day chart, stands at 1.61%. Furthermore, Cisco Systems, Inc (CSCO)’s beta value is 0.79, and its average true range (ATR) is 1.25.
A comparison of Cisco Systems, Inc (CSCO) with its peers suggests the former has fared considerably weaker in the market. CSCO showed an intraday change of 0.93% in today’s session so far, and over the past year, it grew by 26.25%%.
Data on historical trading for Cisco Systems, Inc (NASDAQ:CSCO) indicates that the trading volumes over the past 10 days have averaged 18.86 and over the past 3 months, they’ve averaged 20.08 million. According to company’s latest data on outstanding shares, there are 3.97 billion shares outstanding.
Nearly 0.47% of Cisco Systems, Inc’s shares belong to company insiders and institutional investors own 75.57% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 56.82 million shares as on 2025-01-31, resulting in a short ratio of 3.03. According to the data, the short interest in Cisco Systems, Inc (CSCO) stood at 143.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 54.25 million. The stock has risen by 6.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CSCO stock heading into the next quarter.
