Last price: $48.55
52w range:
$45.56
to
$58.19
52w change:
7.00%
to
-17.00%
Forward PE: 12.78
Trailing EPS: 3.29
50d average: $49.62
(-2%)
200d average: $51.58
(-6%)
Open: $47.89
Previous close: $48.11
Change: $0.44
(0.91%)
Day high: $48.66
Day low: $47.89
Volume: 17.14 million
Avg. vol 3m: 19.90 million
NasdaqGS
NASDAQ:CSCO
Cap: 196.59 billion
Shares outstanding: 4.0 billion
Price hint: 2
Price to book: 4.25
Annual dividend rate: 1.56
Annual dividend yield: 0.03
$0.40 dividend 1 year ago
Yahoo Quote
Cisco Systems, Inc. is an American multinational corporation that designs, manufactures, and sells networking equipment worldwide. It is one of the leading firms in the technology sector, specifically in the production of internet protocol-based networking products and services. The company is based in San Jose, California, and trades under the symbol "CSCO" on the NASDAQ stock exchange.
Known for its innovation, Cisco develops high-tech services in the areas of switching, next-generation network (NGN) routing, service provider video, collaboration, data center, wireless, security, and other related technologies. The company applies its technology mainly for building the Internet globally, transforming how people connect, communicate, and collaborate.
As of the most recent earnings report, Cisco had solid financials. While it's a mature company and may not offer the high-growth returns of smaller tech stocks, its stability and consistent performance make it attractive to many investors who value reliability and steady income. The company has a history of paying dividends, making it appealing to income-focused investors.
However, like any other investment, it does have risks. Cisco operates in a highly competitive market that includes prominent tech players like Huawei, Juniper Networks, Arista Networks, and others who could potentially affect its market share. The nature of the tech industry also means that innovation and adaptability are critical, and any shortcoming in this area could significantly affect Cisco's position.
In terms of valuation, Cisco typically trades at a reasonable price-to-earnings ratio compared to the overall market, which may appeal to value-oriented investors.
Remember, investing in a single company always comes with risks related to that particular company or the industry it operates in. It's crucial to diversify your investment portfolio to mitigate potential risks and consider your financial goals, risk tolerance, and investment horizon before making an investment decision.