Cisco Systems, Inc. (NASDAQ: CSCO)’s stock price has decreased by -1.57 compared to its previous closing price of 47.39. However, the company has seen a -2.58% decrease in its stock price over the last five trading sessions. forbes.com reported 2024-08-02 that Cisco Systems Inc (NASDAQ: CSCO) stock has underperformed this year, falling by about 2% since early January. In comparison, Palo Alto Networks stock has gained about 13% over the same period.
Is It Worth Investing in Cisco Systems, Inc. (NASDAQ: CSCO) Right Now?
The price-to-earnings ratio for Cisco Systems, Inc. (NASDAQ: CSCO) is 15.71x, which is above its average ratio. Moreover, the 36-month beta value for CSCO is 0.82. Analysts have varying 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 4.02B and currently, short sellers hold a 1.40% of that float. On August 02, 2024, CSCO’s average trading volume was 19.94M shares.
CSCO’s Market Performance
CSCO’s stock has seen a -2.58% decrease for the week, with a -0.94% drop in the past month and a -0.31% fall in the past quarter. The volatility ratio for the week is 1.79%, and the volatility levels for the past 30 days are at 1.65% for Cisco Systems, Inc. The simple moving average for the past 20 days is -1.25% for CSCO’s stock, with a -4.84% simple moving average for the past 200 days.
Analysts’ Opinion of CSCO
Many brokerage firms have already submitted their reports for CSCO stocks, with Exane BNP Paribas repeating the rating for CSCO by listing it as a “Neutral.” The predicted price for CSCO in the upcoming period, according to Exane BNP Paribas is $50 based on the research report published on May 13, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see CSCO reach a price target of $53, previously predicting the price at $62. The rating they have provided for CSCO stocks is “Neutral” according to the report published on April 22nd, 2024.
BofA Securities gave a rating of “Buy” to CSCO, setting the target price at $60 in the report published on April 15th of the current year.
CSCO Trading at -0.41% 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 -19.83% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares surge +0.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.23% upper at present.
During the last 5 trading sessions, CSCO fell by -1.73%, which changed the moving average for the period of 200-days by -13.13% in comparison to the 20-day moving average, which settled at $47.26. In addition, Cisco Systems, Inc. saw -7.67% 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 Subaiya Thimaya K., who sale 13,896 shares at the price of $45.32 back on Jun 14 ’24. After this action, Subaiya Thimaya K. now owns 150,787 shares of Cisco Systems, Inc., valued at $629,767 using the latest closing price.
Stahlkopf Deborah L, the EVP and Chief Legal Officer of Cisco Systems, Inc., sale 2,619 shares at $45.34 during a trade that took place back on Jun 13 ’24, which means that Stahlkopf Deborah L is holding 176,384 shares at $118,759 based on the most recent closing price.
Stock Fundamentals for CSCO
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.65 for the gross margin
The net margin for Cisco Systems, Inc. stands at 0.22. The total capital return value is set at 0.17. Equity return is now at value 27.52, with 10.99 for asset returns.
Based on Cisco Systems, Inc. (CSCO), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is 20.61.
Currently, EBITDA for the company is 18.0 billion with net debt to EBITDA at 1.35. When we switch over and look at the enterprise to sales, we see a ratio of 3.81. The receivables turnover for the company is 6.46for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
To wrap up, the performance of Cisco Systems, Inc. (CSCO) has been bad in recent times. The stock has received a mixed of “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.
