Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) – Analysts at Zacks Research decreased their Q1 2025 earnings estimates for Cisco Systems in a report issued on Thursday, July 18th. Zacks Research analyst R. Department now forecasts that the network equipment provider will post earnings per share of $0.68 for the quarter, down from their prior estimate of $0.69. The consensus estimate for Cisco Systems’ current full-year earnings is $3.14 per share.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its earnings results on Wednesday, May 15th. The network equipment provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.18. Cisco Systems had a net margin of 21.88% and a return on equity of 30.82%. The firm had revenue of $12.70 billion during the quarter, compared to the consensus estimate of $12.53 billion. During the same period in the prior year, the firm earned $0.88 EPS. The company’s revenue was down 12.8% compared to the same quarter last year.
View Our Latest Report on Cisco Systems
Cisco Systems Stock Performance
NASDAQ:CSCO opened at $46.36 on Monday. The company has a market capitalization of $186.78 billion, a P/E ratio of 15.61, a P/E/G ratio of 2.74 and a beta of 0.85. The business has a fifty day simple moving average of $46.81 and a two-hundred day simple moving average of $48.41. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.89 and a quick ratio of 0.82. Cisco Systems has a 1 year low of $44.95 and a 1 year high of $58.19.
Cisco Systems Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 24th. Shareholders of record on Friday, July 5th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, July 5th. This represents a $1.60 annualized dividend and a yield of 3.45%. Cisco Systems’s payout ratio is presently 53.87%.
Insider Transactions at Cisco Systems
In other news, EVP Deborah L. Stahlkopf sold 8,016 shares of Cisco Systems stock in a transaction on Friday, May 17th. The shares were sold at an average price of $48.24, for a total transaction of $386,691.84. Following the completion of the sale, the executive vice president now directly owns 180,705 shares of the company’s stock, valued at approximately $8,717,209.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Deborah L. Stahlkopf sold 8,016 shares of the stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $48.24, for a total transaction of $386,691.84. Following the transaction, the executive vice president now directly owns 180,705 shares in the company, valued at approximately $8,717,209.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Maria Victoria Wong sold 762 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $45.42, for a total value of $34,610.04. Following the completion of the sale, the senior vice president now owns 51,788 shares of the company’s stock, valued at approximately $2,352,210.96. The disclosure for this sale can be found here. Insiders have sold 41,106 shares of company stock valued at $1,908,923 in the last quarter. Insiders own 0.02% of the company’s stock.
Institutional Investors Weigh In On Cisco Systems
Institutional investors have recently made changes to their positions in the business. Norges Bank purchased a new stake in Cisco Systems during the fourth quarter valued at about $2,528,939,000. Swedbank AB purchased a new stake in Cisco Systems during the 1st quarter valued at about $840,538,000. Charles Schwab Investment Management Inc. grew its position in Cisco Systems by 9.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 73,439,747 shares of the network equipment provider’s stock worth $3,672,445,000 after acquiring an additional 6,345,954 shares during the last quarter. FIL Ltd lifted its position in Cisco Systems by 47.1% in the fourth quarter. FIL Ltd now owns 18,922,422 shares of the network equipment provider’s stock valued at $955,961,000 after purchasing an additional 6,054,748 shares during the last quarter. Finally, Natixis boosted its stake in shares of Cisco Systems by 438.4% during the first quarter. Natixis now owns 4,924,988 shares of the network equipment provider’s stock valued at $245,806,000 after purchasing an additional 4,010,228 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.
About Cisco Systems
Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.
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