Cisco Systems, Inc. (NASDAQ: CSCO) has experienced a rise in its stock price by 0.41 compared to its previous closing price of 56.40. However, the company has seen a gain of 4.39% in its stock price over the last five trading days. globenewswire.com reported 2024-10-17 that Organizations can optimize their SD-WAN environments by centralizing DHCP for cloud-based applications and remote locations Organizations can optimize their SD-WAN environments by centralizing DHCP for cloud-based applications and remote locations
Is It Worth Investing in Cisco Systems, Inc. (NASDAQ: CSCO) Right Now?
Cisco Systems, Inc. (NASDAQ: CSCO) has a higher price-to-earnings ratio of 22.32x compared to its average ratio, The 36-month beta value for CSCO is at 0.82. Analysts have varying views on the stock, with 11 analysts rating it as a “buy,” 8 rating it as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for CSCO is 3.98B, and currently, shorts hold a 1.22% of that float. The average trading volume for CSCO on October 18, 2024 was 18.31M shares.
CSCO’s Market Performance
CSCO stock saw an increase of 4.39% in the past week, with a monthly gain of 10.09% and a quarterly increase of 20.95%. The volatility ratio for the week is 1.62%, and the volatility levels for the last 30 days are 1.27% for Cisco Systems, Inc. (CSCO). The simple moving average for the past 20 days is 5.72% for CSCO’s stock, with a 15.56% simple moving average for the past 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 “Buy.” The predicted price for CSCO in the upcoming period, according to Citigroup is $62 based on the research report published on October 16, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see CSCO reach a price target of $58, previously predicting the price at $46. The rating they have provided for CSCO stocks is “Buy” according to the report published on August 16th, 2024.
CSCO Trading at 10.89% 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 able to rebound, for now settling with 0.10% of gains for the given period.
Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares surge +8.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.41% upper at present.
During the last 5 trading sessions, CSCO rose by +4.26%, which changed the moving average for the period of 200-days by +11.98% in comparison to the 20-day moving average, which settled at $53.56. In addition, Cisco Systems, Inc. saw 12.09% 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 4.64. 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
In conclusion, Cisco Systems, Inc. (CSCO) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
