Cisco Systems (NASDAQ:CSCO) Updates FY 2025 Earnings Guidance

Cisco Systems (NASDAQ:CSCO) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.600-3.660 for the period, compared to the consensus EPS estimate of 3.580. The company issued revenue guidance of $55.3 billion-$56.3 billion, compared to the consensus revenue estimate of $55.9 billion. Cisco Systems also updated its FY25 guidance to $3.60-3.66 EPS.

Wall Street Analyst Weigh In

Several equities analysts have commented on CSCO shares. Morgan Stanley increased their price objective on shares of Cisco Systems from $58.00 to $62.00 and gave the company an “overweight” rating in a research report on Thursday. Citigroup boosted their price objective on Cisco Systems from $62.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday. StockNews.com raised Cisco Systems from a “hold” rating to a “buy” rating in a research note on Thursday. Needham & Company LLC reissued a “hold” rating on shares of Cisco Systems in a research report on Thursday, August 15th. Finally, Evercore ISI raised their price target on Cisco Systems from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, September 20th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $59.42.

Cisco Systems Stock Performance

CSCO stock opened at $57.46 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.91 and a quick ratio of 0.83. Cisco Systems has a 1-year low of $44.50 and a 1-year high of $59.38. The business has a 50-day moving average price of $54.18 and a 200 day moving average price of $49.76. The company has a market capitalization of $229.31 billion, a P/E ratio of 24.66, a PEG ratio of 4.90 and a beta of 0.83.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 14th. The network equipment provider reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. Cisco Systems had a return on equity of 25.62% and a net margin of 17.73%. The firm had revenue of $13.64 billion during the quarter, compared to analyst estimates of $13.53 billion. During the same period in the previous year, the company posted $1.01 EPS. The business’s revenue for the quarter was down 10.3% compared to the same quarter last year. As a group, equities research analysts forecast that Cisco Systems will post 2.89 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Friday, January 3rd will be given a dividend of $0.40 per share. The ex-dividend date is Friday, January 3rd. This represents a $1.60 dividend on an annualized basis and a yield of 2.78%. Cisco Systems’s payout ratio is 68.67%.

Insider Buying and Selling

In other Cisco Systems news, CFO Richard Scott Herren sold 22,309 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $50.00, for a total transaction of $1,115,450.00. Following the completion of the transaction, the chief financial officer now directly owns 293,184 shares of the company’s stock, valued at approximately $14,659,200. This trade represents a 7.07 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Thimaya K. Subaiya sold 1,328 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $48.92, for a total transaction of $64,965.76. Following the completion of the sale, the executive vice president now directly owns 132,910 shares in the company, valued at $6,501,957.20. This trade represents a 0.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,924 shares of company stock worth $1,798,131 in the last ninety days. 0.01% of the stock is owned by insiders.

Cisco Systems Company Profile

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.