When you download and install the ZFX MT4 platform, you can log in to your account and buy Cisco stock. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Cisco stock receives a buy rank due to different factors related to its future performance, its strategic corporate actions and the entrance into new markets. Below you will find the stock price predictions for 2023, 2024. “CSCO” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. The technique has proven to be very useful for finding positive surprises. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity.

Cisco Systems Inc (NASDAQ:CSCO)

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Data are provided ‘as is’ for https://day-trading.info/ informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. IBD Videos Get market updates, educational videos, webinars, and stock analysis.

These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Moreover, the company’s strategy to move its focus from hardware to a software-based model while entering new high-growth markets positively impacted its stock price in the last decade. Also, its strategy for acquisitions of companies or partnerships is positive for investors. Indeed, these activities create a potential for synergetic effects and the company’s growth. Today, Cisco designs manufactures and markets IP-based networking equipment, products and services related to the communications industry. The primary sub-industries the company is focused on are the Internet of Things, Domain Security, 5G and Video Conferencing.

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News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Shares have an Accumulation/Distribution Rating of B, according to IBD MarketSmith analysis. The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. The so-called “internet cloud” is made up of warehouse-sized data centers.

An exception to the split ratio was recorded in 1997 and 1998, when Cisco stock was split at a ratio of 3 for 2. In the following period, Cisco stock price recovered almost 200%. After this, the price registered another period of depreciation and started its sideways movement. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades.

• Cisco Systems stock has been on the market for more than 30 years.
• Intraday Data provided by FACTSET and subject to terms of use.
• Cisco Systems has shown positive results in these new markets, and it should achieve even higher growth, considering that many expect the size of these markets to expand.
• For example, when the company announced a $25 billion worth of stock buyback plan, it caused a bullish movement of 6% in Cisco stock price.

The company registered a decade long bull run reaching an All-Time-High price of $80 in March 2000. During the bull run, Cisco stock price appreciated more than 30% in certain months. Five out of the nine stock splits positively affected the Cisco stock price before and after the distribution date. The highest price at which Cisco performed a split was approximately $144 achieved in 2000.

View analysts price targets for CSCO or view top-rated stocks among Wall Street analysts. The optimistic forecasts given for the stock price are based on favourable movements in fundamental factors such as company growth, revenues growth, increase in EPS, rise in dividend payments, etc. Changes in these factors also stimulated analysts from reputable institutions like Credit Suisse and J.P.

Cisco Stock Price Chart Today

71.10% of the stock of Cisco Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Cisco Systems has received a 44.20% net impact score from Upright. Cisco Systems has the logic behind the bonds that eat your money a short interest ratio (“days to cover”) of 2.2, which is generally considered an acceptable ratio of short interest to trading volume. Go to the accounts option, enter your account information and select the ZFX MT4 live server.

You can find this on the corporate website, in the investors’ section. Investors should look for information related to dividend payouts, stock splits, acquisitions, changes in business activities, growth estimates, earnings releases, etc. Some of the primary factors that motivated company officials to execute stock splits are the high degree of investors’ confidence and the company’s plans to make its stock affordable for every investor. Moreover, the company also wanted to make its per-share price comparable and competitive to other companies in its industry. Cisco Systems stock has been on the market for more than 30 years. Over this time, it registered a significant price appreciation as well as many price swings.

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What’s more, experts anticipate that its positive performance could continue. It also undertakes strategic moves that should enable swift growth in the future and expand the company’s business activities. The company also follows developments and changes in customers preferences, in an effort to adapt its operations and augment the revenue potentials. On average, Wall Street analysts predict that Cisco’s share price could reach $57.11 by Feb 22, 2024.

The fluctuations in the Cisco stock price today and throughout its history originate from changes in the company’s performance or changes in economic conditions. The company has made over 2 dozen acquisitions, ranging from products and services to enhance core offerings to new technologies and businesses to enhance portfolio stability and shareholder value. Cisco Systems enjoys a positive investment sentiment and bullish expectations because it has the potential to boost its financial performance and achieve a positive movement in crucial fundamental factors. Accordingly, Cisco stock might realise a ROA of 15%, which is higher than the industry average of around 13%. Aside from companies’ shares, investors have access to other assets like indices, commodities, and forex pairs.

Cisco hiked its 2023 outlook, reflecting greater backlog fulfillment in upcoming quarters. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

This represents a $1.56 annualized dividend and a dividend yield of 3.11%. This is a positive change from the stock’s previous quarterly dividend of $0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

Cisco Stock: Upside From Data Centers?

The Cisco closing stock price of $8.6 in November 2002 was its All-Time-Low. On average, 12 Wall Street analysts forecast CSCO’s earnings for 2024 to be $14,785,922,174, with the lowest CSCO earnings forecast at $14,335,381,610, and the highest CSCO earnings forecast at $15,400,295,672. The build-out of 5G wireless networks has yet to emerge as a growth driver for CSCO stock. Cisco in 2021 said it would partner with Dish Network to sell 5G business services to large companies.

The lowest per share price at which the company split its shares was $48 in 1991. Furthermore, announcements related to the demand for Cisco products and services are highly important. This could indicate potential profit levels and the company’s ability to meet its growth expectations. Moreover, Cisco has performed stock buybacks on multiple occasions. For example, when the company announced a $25 billion worth of stock buyback plan, it caused a bullish movement of 6% in Cisco stock price. Traders could start by looking and the Cisco financial and stock information.