Cisco Systems, Inc (CSCO) Stock: A Closer Look at the Moving Averages

The stock of Cisco Systems, Inc (CSCO) has seen a 3.21% increase in the past week, with a 6.87% gain in the past month, and a 17.54% flourish in the past quarter. The volatility ratio for the week is 1.52%, and the volatility levels for the past 30 days are at 1.58% for CSCO. The simple moving average for the last 20 days is 2.57% for CSCO stock, with a simple moving average of 18.88% for the last 200 days.

Is It Worth Investing in Cisco Systems, Inc (NASDAQ: CSCO) Right Now?

Cisco Systems, Inc (NASDAQ: CSCO) has a price-to-earnings ratio of 25.58x that is above its average ratio. Additionally, the 36-month beta value for CSCO is 0.84. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 8 rating it as “overweight,” 16 rating it as “hold,” and 0 rating it as “sell.”

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The public float for CSCO is 3.97B and currently, short sellers hold a 1.57% ratio of that float. The average trading volume of CSCO on November 29, 2024 was 17.74M shares.

CSCO) stock’s latest price update

The stock price of Cisco Systems, Inc (NASDAQ: CSCO) has surged by 0.20 when compared to previous closing price of 59.29, but the company has seen a 3.21% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-26 that SAN JOSE, Calif., Nov. 26, 2024 /PRNewswire/ — Cisco (NASDAQ: CSCO) will host its 2024 Annual Meeting of Stockholders on Monday, December 9, 2024, beginning at 8:00 a.m.

Analysts’ Opinion of CSCO

Many brokerage firms have already submitted their reports for CSCO stocks, with JP Morgan repeating the rating for CSCO by listing it as a “Overweight.” The predicted price for CSCO in the upcoming period, according to JP Morgan is $66 based on the research report published on November 11, 2024 of the current year 2024.

Citigroup, on the other hand, stated in their research note that they expect to see CSCO reach a price target of $62, previously predicting the price at $52. The rating they have provided for CSCO stocks is “Buy” according to the report published on October 16th, 2024.

HSBC Securities gave a rating of “Buy” to CSCO, setting the target price at $58 in the report published on August 16th of the current year.

CSCO Trading at 6.68% 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 -0.77% of loss for the given period.

Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares surge +8.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.45% upper at present.

During the last 5 trading sessions, CSCO rose by +3.18%, which changed the moving average for the period of 200-days by +18.12% in comparison to the 20-day moving average, which settled at $57.92. In addition, Cisco Systems, Inc saw 17.59% 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 proposed sale 4,881 shares at the price of $59.73 back on Nov 27 ’24. After this action, Wong Maria Victoria now owns shares of Cisco Systems, Inc, valued at $291,542 using the latest closing price.

Subaiya Thimaya K., the EVP, Operations of Cisco Systems, Inc, sale 21,230 shares at $57.07 during a trade that took place back on Nov 20 ’24, which means that Subaiya Thimaya K. is holding 213,834 shares at $1,211,541 based on the most recent closing price.

Stock Fundamentals for CSCO

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.65 for the gross margin

The net margin for Cisco Systems, Inc stands at 0.18. The total capital return value is set at 0.13. Equity return is now at value 20.76, with 8.46 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 0.38. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is 8.26.

Currently, EBITDA for the company is 15.75 billion with net debt to EBITDA at 1.63. When we switch over and look at the enterprise to sales, we see a ratio of 4.91. The receivables turnover for the company is 6.99for 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 0.88.

Conclusion

In conclusion, Cisco Systems, Inc (CSCO) has seen better 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 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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