The price-to-earnings ratio for Cisco Systems, Inc. (NASDAQ: CSCO) is 20.48x, 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.”
The public float for CSCO is 3.98B and currently, short sellers hold a 1.51% of that float. On September 23, 2024, CSCO’s average trading volume was 19.36M shares.
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CSCO) stock’s latest price update
Cisco Systems, Inc. (NASDAQ: CSCO)’s stock price has plunge by 1.03relation to previous closing price of 51.44. Nevertheless, the company has seen a 4.36% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-21 that As a dividend growth investor focused on income, I recommend raising cash and selling lower-quality stocks due to potential recession risks. Historical data shows that rate cuts often precede recessions, making it prudent to increase cash positions and reduce exposure to vulnerable stocks. Despite some reasonable buying opportunities, I prefer holding cash in ETFs like SGOV for liquidity and safety during uncertain economic times.
CSCO’s Market Performance
Cisco Systems, Inc. (CSCO) has seen a 4.36% rise in stock performance for the week, with a 3.01% gain in the past month and a 9.90% surge in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.53% for CSCO. The simple moving average for the last 20 days is 3.91% for CSCO stock, with a simple moving average of 6.95% for the last 200 days.
Analysts’ Opinion of CSCO
Many brokerage firms have already submitted their reports for CSCO stocks, with HSBC Securities repeating the rating for CSCO by listing it as a “Buy.” The predicted price for CSCO in the upcoming period, according to HSBC Securities is $58 based on the research report published on August 16, 2024 of the current year 2024.
Exane BNP Paribas gave a rating of “Neutral” to CSCO, setting the target price at $50 in the report published on May 13th of the current year.
CSCO Trading at 7.48% 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 -7.28% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +3.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.14% upper at present.
During the last 5 trading sessions, CSCO rose by +4.36%, which changed the moving average for the period of 200-days by +8.16% in comparison to the 20-day moving average, which settled at $50.10. In addition, Cisco Systems, Inc. saw 2.87% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CSCO starting from Wong Maria Victoria, who sale 638 shares at the price of $49.09 back on Sep 12 ’24. After this action, Wong Maria Victoria now owns 46,017 shares of Cisco Systems, Inc., valued at $31,319 using the latest closing price.
Subaiya Thimaya K., the EVP, Operations of Cisco Systems, Inc., sale 1,328 shares at $48.92 during a trade that took place back on Sep 12 ’24, which means that Subaiya Thimaya K. is holding 132,910 shares at $64,966 based on the most recent closing price.
Stock Fundamentals for CSCO
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.65 for the gross margin
The net margin for Cisco Systems, Inc. stands at 0.19. The total capital return value is set at 0.15. Equity return is now at value 22.98, with 9.12 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 0.35. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 12.8.
Currently, EBITDA for the company is 15.48 billion with net debt to EBITDA at 1.49. When we switch over and look at the enterprise to sales, we see a ratio of 4.29. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.
Conclusion
To wrap up, the performance of Cisco Systems, Inc. (CSCO) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
