Cisco Systems, Inc. (NASDAQ: CSCO) has seen a decline in its stock price by -0.20 in relation to its previous close of 49.78. However, the company has experienced a 0.83% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-03-22 that Cisco acquired Splunk to strengthen its cybersecurity solutions and grow SaaS revenue. The company’s subscription income is important to offsetting the cyclical nature of its hardware sales.
Is It Worth Investing in Cisco Systems, Inc. (NASDAQ: CSCO) Right Now?
The price-to-earnings ratio for Cisco Systems, Inc. (NASDAQ: CSCO) is above average at 15.12x, Company’s 36-month beta value is 0.85.Analysts have differing opinions on the stock, with 11 analysts rating it as a “buy,” 8 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for CSCO is 4.04B, and currently, short sellers hold a 1.05% ratio of that floaft. The average trading volume of CSCO on March 26, 2024 was 19.54M shares.
CSCO’s Market Performance
CSCO’s stock has seen a 0.83% increase for the week, with a 1.68% rise in the past month and a -0.04% fall in the past quarter. The volatility ratio for the week is 1.11%, and the volatility levels for the past 30 days are at 1.29% for Cisco Systems, Inc. The simple moving average for the past 20 days is 0.98% for CSCO’s stock, with a -3.78% simple moving average for the past 200 days.
Analysts’ Opinion of CSCO
Many brokerage firms have already submitted their reports for CSCO stocks, with Wells Fargo repeating the rating for CSCO by listing it as a “Equal Weight.” The predicted price for CSCO in the upcoming period, according to Wells Fargo is $52 based on the research report published on February 15, 2024 of the current year 2024.
DZ Bank gave a rating of “Hold” to CSCO, setting the target price at $50 in the report published on November 17th of the previous year.
CSCO Trading at -0.35% from the 50-Day Moving Average
After a stumble in the market that brought CSCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.62% of loss for the given period.
Volatility was left at 1.29%, however, over the last 30 days, the volatility rate increased by 1.11%, as shares surge +2.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.51% lower at present.
During the last 5 trading sessions, CSCO rose by +0.83%, which changed the moving average for the period of 200-days by -0.20% in comparison to the 20-day moving average, which settled at $49.26. In addition, Cisco Systems, Inc. saw -1.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CSCO starting from Stahlkopf Deborah L, who sale 237 shares at the price of $50.27 back on Mar 14 ’24. After this action, Stahlkopf Deborah L now owns 191,322 shares of Cisco Systems, Inc., valued at $11,914 using the latest closing price.
Sharritts Jeffery S., the EVP & Chief Cust & Prtnr Offcr of Cisco Systems, Inc., sale 132 shares at $50.27 during a trade that took place back on Mar 14 ’24, which means that Sharritts Jeffery S. is holding 245,657 shares at $6,636 based on the most recent closing price.
Stock Fundamentals for CSCO
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.65 for the gross margin
The net margin for Cisco Systems, Inc. stands at 0.23. The total capital return value is set at 0.22. Equity return is now at value 30.65, with 13.65 for asset returns.
Based on Cisco Systems, Inc. (CSCO), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 1.2. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 34.55.
Currently, EBITDA for the company is 18.0 billion with net debt to EBITDA at -0.09. When we switch over and look at the enterprise to sales, we see a ratio of 3.49. The receivables turnover for the company is 6.85for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
In a nutshell, Cisco Systems, Inc. (CSCO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
