The stock of Cisco Systems, Inc. (NASDAQ: CSCO) has decreased by -2.10 when compared to last closing price of 49.53. Despite this, the company has experienced a -0.12% fall in its stock price over the last five trading sessions. CNBC Television reported 2024-04-12 that The Committee discusses the latest moves in their portfolios.
Is It Worth Investing in Cisco Systems, Inc. (NASDAQ: CSCO) Right Now?
Cisco Systems, Inc. (NASDAQ: CSCO) has a price-to-earnings ratio of 14.76x that is above its average ratio. Additionally, the 36-month beta value for CSCO is 0.85. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 8 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for CSCO is 4.04B and currently, short sellers hold a 1.16% ratio of that float. The average trading volume of CSCO on April 15, 2024 was 20.01M shares.
CSCO’s Market Performance
CSCO’s stock has seen a -0.12% decrease for the week, with a -3.23% drop in the past month and a -3.87% fall in the past quarter. The volatility ratio for the week is 1.86%, and the volatility levels for the past 30 days are at 1.47% for Cisco Systems, Inc. The simple moving average for the last 20 days is -1.75% for CSCO stock, with a simple moving average of -5.92% for the last 200 days.
Analysts’ Opinion of CSCO
Many brokerage firms have already submitted their reports for CSCO stocks, with Citigroup repeating the rating for CSCO by listing it as a “Neutral.” The predicted price for CSCO in the upcoming period, according to Citigroup is $52 based on the research report published on April 12, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see CSCO reach a price target of $58. The rating they have provided for CSCO stocks is “Overweight” according to the report published on April 09th, 2024.
Wells Fargo gave a rating of “Equal Weight” to CSCO, setting the target price at $52 in the report published on February 15th of the current year.
CSCO Trading at -1.69% 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 -16.66% of loss for the given period.
Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares sank -2.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.37% lower at present.
During the last 5 trading sessions, CSCO fell by -0.12%, which changed the moving average for the period of 200-days by -4.66% in comparison to the 20-day moving average, which settled at $49.29. In addition, Cisco Systems, Inc. saw -4.02% 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 3.4. 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 conclusion, Cisco Systems, Inc. (CSCO) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
