Shares of Telecommunications sector company Cisco Systems moved -1.2% today, and are now trading at a price of $52.35. The large-cap stock's daily volume was 5,836,703 compared to its average volume of 16,921,484. The S&P 500 index returned a 0.0% performance.
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 is based in San Jose and has 84,900 full time employees. Its market capitalization is $212,066,025,472. Cisco Systems currently offers its equity investors a dividend that yields 2.9% per year.
20 analysts are following Cisco Systems and have set target prices ranging from $42.44 to $71.68 per share. On average, they have given the company a rating of buy. At today's prices, CSCO is trading -5.48% away from its average analyst target price of $55.39 per share.
Over the last year, CSCO's share price has increased by 16.0%, which represents a difference of 4.0% when compared to the S&P 500. The stock's 52 week high is $58.19 per share whereas its 52 week low is $43.92. With average free cash flows of $14.83 Billion that have been growing at an average rate of 6.8% over the last 6 years, Cisco Systems is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 19,886,000 | 849,000 | 19,037,000 | 49.32 |
| 2022 | 13,226,000 | 477,000 | 12,749,000 | -13.64 |
| 2021 | 15,454,000 | 692,000 | 14,762,000 | 0.72 |
| 2020 | 15,426,000 | 770,000 | 14,656,000 | -1.78 |
| 2019 | 15,831,000 | 909,000 | 14,922,000 | 16.29 |
| 2018 | 13,666,000 | 834,000 | 12,832,000 |
