Full Answer
What is the all-time high and low for Cisco stock?
The all-time high Cisco stock closing price was 80.06 on March 27, 2000. The Cisco 52-week high stock price is 58.26, which is 28.6% above the current share price. The Cisco 52-week low stock price is 40.25, which is 11.2% below the current share price.
How has Cisco stock performed over the last year?
Over the last year, Cisco stock has gained 22%, compared to 11% and 10% for the S&P and the Dow, respectively. On the basis of total return price (i.e., including dividends) over the last five years, Cisco is up 116%. Today, the company is valued at roughly $155 billion and trades at roughly 13 times forward earnings projections.
What is the highest ever stock price for Cisco?
Historical daily share price chart and data for Cisco since 1990 adjusted for splits. The latest closing stock price for Cisco as of December 31, 2021 is 63.37. The all-time high Cisco stock closing price was 80.06 on March 27, 2000.
What is Cisco's 52-week high and low prices?
The Cisco 52-week high stock price is 64.28, which is 1.4% above the current share price. The Cisco 52-week low stock price is 43.35, which is 31.6% below the current share price. The average Cisco stock price for the last 52 weeks is 53.27.
Why did CSCO stock drop?
Shares of Cisco fell on Thursday. The company projected an unexpected sales decline for the current quarter, citing supply chain issues tied in part to Covid-19 lockdowns in China. Cisco also reported third-quarter revenue that fell short of analysts' estimates.
What was Cisco stock price in 2000?
Cisco stock began life as a penny stock in 1990, entering a steady uptrend that posted eight splits into 2000 when it topped out at $82. It lost significant ground when the net bubble burst, dropping to $8.12 in October 2002.
How many times has Cisco stock split since 2000?
The 1990s were simply an amazing time for Cisco Systems....Cisco's history of stock splits.Date of SplitSplit Ratio100 Shares in 1990 Would Now BeNov. 18, 19973-for-24,800 sharesAug. 14, 19983-for-27,200 sharesMay 24, 19992-for-114,400 sharesFeb. 22, 20002-for-128,800 shares5 more rows•Mar 12, 2018
What went wrong at Cisco in 2001?
CHELLAM AT XILINX attributes Cisco's failure to act expeditiously to the fact that its software ignored such macroeconomic factors as debt levels, economic spending, interest rates, the bond market and so forth, while trusting data freighted with growth biases.
What is the highest Cisco stock has ever been?
The latest closing stock price for Cisco as of July 01, 2022 is 42.60.The all-time high Cisco stock closing price was 80.06 on March 27, 2000.The Cisco 52-week high stock price is 64.28, which is 50.9% above the current share price.More items...
When was the last time Cisco stock split?
CSCO SplitsSplit dateSplit RatioMar 22, 19931/2 Stock SplitMar 21, 19941/2 Stock SplitFeb 20, 19961/2 Stock SplitDec 17, 19971/5.1 Stock Split5 more rows
Does Cisco pay a dividend?
Cisco pays dividends every 3 months or 4 times per year. Each quarterly dividend payment is one-fourth of the annual forward rate.
Is Cisco a good dividend stock?
Dividend Growth Potential Cisco Systems has grown its earnings per share at 7.8% per annum over the past five years. Earnings per share are growing at an acceptable rate. Future growth in earnings is expected to decelerate to 6.7% on an annual basis, based on the projections of analysts following the company.
What month does Cisco pay dividends?
Cisco Systems's next dividend payment date is on Jul 26, 2022, when Cisco Systems shareholders who own CSCO shares before Jul 04, 2022 will receive a dividend payment of $0.38 per share.
Why did chambers reorganize Cisco in 2001?
“We moved to a structure that optimizes Cisco's ability to deliver a seamless Network of Networks. With this new organization, our three customer segments remain key to our future success, and will remain the core focus throughout our company.”
Does Cisco outsource?
Cisco IT has outsourced some aspects of IP telephony to Cisco ROS in Asia Pacific, Europe, and emerging markets and is now considering expansion into North and South America.
What was Cisco's market cap in 2000?
At its peak in 2000, Cisco stock traded above $79 a share, for a market cap of $546 billion -- surpassing Microsoft as the world's most valuable company and inspiring estimates that it could surpass a $1 trillion valuation. Unfortunately, the runaway success was not to last.
How much has Cisco stock gained in the last 5 years?
Over the last five years, Cisco stock has gained 88%, while the S&P 500 index has risen 77% and the Dow Jones Industrial Average has grown 59%. Over the last year, Cisco stock has gained 22%, compared to 11% and 10% for the S&P and the Dow, respectively.
When did Cisco go public?
Cisco's rise, dot-com-era fall, and performance in the Great Recession. Cisco was founded in 1984 and issued its initial public offering on Feb. 13, 1990, with its 24% share price gain on opening day kicking off a long run of appreciation.
Did the networking industry experience a downturn?
The networking industry had, for all intents and purposes, never before experienced a steep downturn , and unchecked optimism about the growth of the internet prompted the company to ramp up production and expectations to unreasonable levels.
Is Cisco still the leader in networking hardware?
Cisco is still the leader in networking hardware , but competition for its router and switching business, and a trend toward emulating hardware functions with software pose long-term challenges. In the last fiscal year, roughly 39% of Cisco's sales came from its switching hardware, and roughly 20% of its sales came from routers.
What was the value of the NASDAQ in 2000?
By March 30, the NASDAQ was valued at $6.02 trillion. On April 6, 2000, it was $5.78 trillion .
How many points did the NASDAQ increase in 1995?
The value of the NASDAQ, home to many of the biggest tech stocks, grew from around 1,000 points in 1995 to more than 5,000 in 2000. Companies were going to market with IPOs and fetching huge prices, with stocks sometimes doubling on the first day.
What is the difference between the 2000 bubble and today's economy?
Entrepreneur and Dallas Mavericks owner Mark Cuban thinks so, arguing recently on his blog that the difference between the 2000 bubble and today’s economy is that today’s bubble isn’t really about the stock market. It also includes private “angel” investments, which can’t just be sold off like stocks.
Is Alibaba an IPO?
Chinese e-tailer Alibaba had a history-making IPO last fall. Companies like Uber, Palantir and AirBnB are “Unicorns,” start-ups held privately and worth more than $1 billion — so-called because, for a long time, people thought they couldn’t really exist.
What was the intra day high of the NASDAQ in 2000?
On March 10, 2000, the NASDAQ hit an all-time intra-day high of 5132.52. The September 11, 2001 terrorist attacks put an end to a decade of growth. On October 9, 2002, the NASDAQ bottomed at 1114.11, having lost 78% of its value.
How many companies went public in 1999?
In 1999, 457 companies went public, most of which were Internet stocks. Of those, 117 (25%) doubled in price on the first day of trading. The most infamous Internet IPO of the late 1990s was theglobe.com, inc. (OTCMKTS:TGLO), a primitive social media site company.
Why are tech stocks so hard to value?
Many tech and Internet stocks were hard to value because they hadn’t generated a single penny in revenue. But again, the potential was there. Fundamentals like revenue, earnings, and valuations were ignored in favor of technicals and growing optimism, and the fear of missing out on the next big thing.
When did the dotcom bubble burst?
From 1999 to early 2000, the Fed raised its key lending rate six times. But what exactly caused the dotcom bubble to burst in 2000—or, at least start seeping air—on March 10, 2000? No one knows why stocks started to retreat on that particular day. No doubt, analysts attributed it to a slight correction.
What was the S&P 500 in 1990?
The S&P 500 had entered 1990 at 353.40 and, by March 10, 2000, it had soared by a more modest 300% to 1413.38. During the second half of the 1990s, stocks soared and the Federal Reserve’s key lending rate hovered above five percent.
What was the GDP in 1991?
In 1991, U.S. GDP was -0.07 but, by 1999, it was 4.68. As one might expect, the stock market followed a similar trajectory. After all, stocks are a barometer on the health of the U.S. economy, so if the economy is doing well, earnings are up, and so too are stock valuations.
How many people quit their jobs to trade?
According to some estimates, it is thought that 5,000 people quit their jobs to trade full-time at day trading firms. While that number isn’t massive, when you add those who used the Internet to trade from home or the office, the number is closer to five million.
How many companies have dropped 20 percent of their market cap in one day?
It's in fashion. In fact, 47 companies on the S&P 500 have dropped 20 percent or more - at least a fifth -- of their market capitalization in just one day. Of those, 14 have dropped more than a third of their market cap in a trading session.
How much did Lucent lose in January?
Lucent Technologies � ( LU: Research, Estimates) set the tone in the first week of January when an earnings warning caused it to shed $48 billion, or 22 percent of its market capitalization, in a day. (It warned again on earnings after the market closed Tuesday, and lost $34 billion).
When did chip maker's value evaporate?
In all, $91 billion of the chip maker's worth evaporated on September 22, when it announced weak demand in Europe would cause third-quarter revenue to disappoint. Research company Baseline generated the numbers for this story.
Did Eli Lilly lose patent protection?
Eli Lilly lost patent protection sooner than expected for its antidepressant, Prozac, then saw a raft of earnings' and analysts' downgrades. But it keeps happening. "There have been a lot of high-profile companies taking a lot of extraordinary drops," Johnson said.
Cisco's Rise, Dot-Com-Era Fall, and Performance in The Great Recession
Cisco's Dividend Era and Recent Stock History
- Cisco announced its first dividend payment in March 2011 -- a quarterly distribution of $0.06 a share. The initiation of dividend payments came as Cisco's stock languished and its market cap dipped to recession-era levels. Underperformance for new business initiatives and the strengthening of competitors Juniper Networks, Hewlett-Packard, and Huawei at both high and l…
What's Next For Cisco
- Cisco is still the leader in networking hardware, but competition for its router and switching business, and a trend toward emulating hardware functions with software pose long-term challenges. In the last fiscal year, roughly 39% of Cisco's sales came from its switching hardware, and roughly 20% of its sales came from routers. That level of dependence on hardware looks to …