Market Watch: Cisco Systems, Inc. (CSCO)’s Noteworthy Drop, Closing at 46.02

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As of close of business last night, Cisco Systems, Inc.’s stock clocked out at $46.02, down -2.95% from its previous closing price of $47.42. In other words, the price has decreased by -$2.95 from its previous closing price. On the day, 28.57 million shares were traded. CSCO stock price reached its highest trading level at $47.63 during the session, while it also had its lowest trading level at $45.64.


To gain a deeper understanding of CSCO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.46.

BofA Securities Upgraded its Neutral to Buy on April 15, 2024, whereas the target price for the stock was revised from $55 to $60.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 29 ’24 when Robbins Charles sold 26,331 shares for $46.10 per share. The transaction valued at 1,213,788 led to the insider holds 725,363 shares of the business.

Wong Maria Victoria sold 3,378 shares of CSCO for $155,016 on May 29 ’24. The SVP & Chief Acctg Officer now owns 52,953 shares after completing the transaction at $45.89 per share. On May 17 ’24, another insider, Stahlkopf Deborah L, who serves as the EVP and Chief Legal Officer of the company, sold 8,016 shares for $48.24 each. As a result, the insider received 386,701 and left with 180,705 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CSCO now has a Market Capitalization of 185405833216 and an Enterprise Value of 199100055552. As of this moment, Cisco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.50, and their Forward P/E ratio for the next fiscal year is 12.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.35 while its Price-to-Book (P/B) ratio in mrq is 4.05. Its current Enterprise Value per Revenue stands at 3.596 whereas that against EBITDA is 11.934.

Stock Price History:

Over the past 52 weeks, CSCO has reached a high of $58.19, while it has fallen to a 52-week low of $45.85. The 50-Day Moving Average of the stock is -4.18%, while the 200-Day Moving Average is calculated to be -9.17%.

Shares Statistics:

It appears that CSCO traded 19.49M shares on average per day over the past three months and 21941130 shares per day over the past ten days. A total of 4.07B shares are outstanding, with a floating share count of 4.02B. Insiders hold about 0.23% of the company’s shares, while institutions hold 77.10% stake in the company. Shares short for CSCO as of 1715731200 were 52497860 with a Short Ratio of 2.69, compared to 1713139200 on 51751856. Therefore, it implies a Short% of Shares Outstanding of 52497860 and a Short% of Float of 1.2999999.

Dividends & Splits

With its trailing 12-month dividend rate of 1.57, CSCO has a forward annual dividend rate of 1.57. Against a Trailing Annual Dividend Yield of 0.033108395The stock’s 5-year Average Dividend Yield is 3.04.

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