Cisco Systems (NASDAQ:CSCO – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.770-3.790 for the period, compared to the consensus earnings per share estimate of 3.720. The company issued revenue guidance of $56.5 billion-$56.7 billion, compared to the consensus revenue estimate of $56.4 billion. Cisco Systems also updated its Q4 2025 guidance to 0.960-0.980 EPS.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on CSCO. DZ Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. JPMorgan Chase & Co. dropped their price target on shares of Cisco Systems from $73.00 to $70.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. StockNews.com lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 5th. Rosenblatt Securities lowered their target price on Cisco Systems from $80.00 to $63.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Finally, BNP Paribas raised Cisco Systems from a “neutral” rating to an “outperform” rating and set a $72.00 price objective on the stock in a research note on Tuesday, January 28th. Seven investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $65.05.
Read Our Latest Report on Cisco Systems
Cisco Systems Stock Down 0.8%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The network equipment provider reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.05. The business had revenue of $14.15 billion during the quarter, compared to analyst estimates of $14.05 billion. Cisco Systems had a net margin of 16.96% and a return on equity of 26.08%. During the same period last year, the firm posted $0.88 EPS. Research analysts expect that Cisco Systems will post 3.04 earnings per share for the current fiscal year.
Cisco Systems Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Thursday, July 3rd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.68%. Cisco Systems’s dividend payout ratio is currently 71.62%.
Cisco Systems announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 12th that authorizes the company to repurchase $15.00 billion in outstanding shares. This repurchase authorization authorizes the network equipment provider to reacquire up to 6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.
Insider Buying and Selling at Cisco Systems
In other news, SVP Maria Victoria Wong sold 762 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $60.99, for a total transaction of $46,474.38. Following the completion of the transaction, the senior vice president now directly owns 44,155 shares in the company, valued at approximately $2,693,013.45. This represents a 1.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 31,983 shares of the firm’s stock in a transaction on Friday, February 14th. The shares were sold at an average price of $64.41, for a total transaction of $2,060,025.03. Following the completion of the transaction, the chief executive officer now directly owns 736,120 shares of the company’s stock, valued at approximately $47,413,489.20. This trade represents a 4.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 66,547 shares of company stock valued at $4,275,553 in the last 90 days. Insiders own 0.01% of the company’s stock.
Institutional Trading of Cisco Systems
A hedge fund recently raised its stake in Cisco Systems stock. Brighton Jones LLC grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 49.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,187 shares of the network equipment provider’s stock after purchasing an additional 24,562 shares during the period. Brighton Jones LLC’s holdings in Cisco Systems were worth $4,392,000 at the end of the most recent reporting period. 73.33% of the stock is currently owned by institutional investors and hedge funds.
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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