At the time of writing, Cisco Systems, Inc. [CSCO] stock is trading at $47.23, down -0.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CSCO shares have gain 0.79% over the last week, with a monthly amount glided 1.24%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cisco Systems, Inc. [NASDAQ: CSCO] stock has seen the most recent analyst activity on May 13, 2024, when Exane BNP Paribas upgraded its rating to a Neutral but kept the price target unchanged to $50 for it. On April 15, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $60 on the stock. In a note dated January 08, 2024, Melius downgraded an Hold rating on this stock.
For the past year, the stock price of Cisco Systems, Inc. fluctuated between $44.95 and $58.19. Currently, Wall Street analysts expect the stock to reach $61.38 within the next 12 months. Cisco Systems, Inc. [NASDAQ: CSCO] shares were valued at $47.23 at the most recent close of the market. An investor can expect a potential return of 29.96% based on the average CSCO price forecast.
Analyzing the CSCO fundamentals
According to Cisco Systems, Inc. [NASDAQ:CSCO], the company’s sales were 55.36B for trailing twelve months, which represents an -12.83% plunge. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.27 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.71.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.91 points at the first support level, and at 46.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.39, and for the 2nd resistance point, it is at 47.70.
Ratios To Look Out For
It is important to note that Cisco Systems, Inc. [NASDAQ:CSCO] has a current ratio of 0.89. As well, the Quick Ratio is 0.82, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 3.44, the price to book ratio is 4.16 and price to earnings (TTM) ratio is 15.91.
Transactions by insiders
Recent insider trading involved Subaiya Thimaya K., EVP, Operations, that happened on Jun 14 ’24 when 13896.0 shares were sold. EVP and Chief Legal Officer, Stahlkopf Deborah L completed a deal on Jun 13 ’24 to sell 2619.0 shares. Meanwhile, SVP & Chief Acctg Officer Wong Maria Victoria sold 762.0 shares on Jun 13 ’24.
