Cisco Systems, Inc. (CSCO) Stock Price and Analyst Predictions

Cisco Systems, Inc. (NASDAQ: CSCO) has a price-to-earnings ratio that is above its average at 20.90x. The stock has a 36-month beta value of 0.82. Opinions on the stock are mixed, 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 at present, short sellers hold a 1.31% of that float. On September 30, 2024, the average trading volume of CSCO was 19.16M shares.

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CSCO) stock’s latest price update

The stock price of Cisco Systems, Inc. (NASDAQ: CSCO) has surged by 0.32 when compared to previous closing price of 52.85, but the company has seen a 2.02% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-28 that CHENGDU, China, Sept. 28, 2024 /PRNewswire/ — From September 25 th to 29th, the 27th China Clinical Oncology Congress and the 2024 CSCO Annual Meeting were held in Xiamen.

CSCO’s Market Performance

Cisco Systems, Inc. (CSCO) has experienced a 2.02% rise in stock performance for the past week, with a 6.36% rise in the past month, and a 11.60% rise in the past quarter. The volatility ratio for the week is 0.90%, and the volatility levels for the past 30 days are at 1.45% for CSCO. The simple moving average for the last 20 days is 4.97% for CSCO stock, with a simple moving average of 8.86% 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 8.55% 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 -2.87% of loss for the given period.

Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 0.90%, as shares surge +5.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.37% upper at present.

During the last 5 trading sessions, CSCO rose by +2.02%, which changed the moving average for the period of 200-days by +7.35% in comparison to the 20-day moving average, which settled at $50.64. In addition, Cisco Systems, Inc. saw 4.95% 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 4.37. 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 sum up, Cisco Systems, Inc. (CSCO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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