At the time of writing, Cisco Systems, Inc. [CSCO] stock is trading at $52.43, down -0.36%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CSCO shares have lost -0.79% over the last week, with a monthly amount glided 5.49%, 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 August 16, 2024, when HSBC Securities upgraded its rating to a Buy and also boosted its price target to $58 from $46. Previously, New Street upgraded its rating to Buy on August 15, 2024. On May 13, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $50 on the stock. BofA Securities upgraded its rating to a Buy and raised its price target to $60 on April 15, 2024.
For the past year, the stock price of Cisco Systems, Inc. fluctuated between $44.50 and $54.58. Currently, Wall Street analysts expect the stock to reach $62.13 within the next 12 months. Cisco Systems, Inc. [NASDAQ: CSCO] shares were valued at $52.43 at the most recent close of the market. An investor can expect a potential return of 18.5% based on the average CSCO price forecast.
Analyzing the CSCO fundamentals
According to Cisco Systems, Inc. [NASDAQ:CSCO], the company’s sales were 53.80B for trailing twelve months, which represents an -10.27% plunge. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.23 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.68.
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 52.17 points at the first support level, and at 51.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.67, and for the 2nd resistance point, it is at 52.92.
Ratios To Look Out For
It is important to note that Cisco Systems, Inc. [NASDAQ:CSCO] has a current ratio of 0.91. In addition, the Quick Ratio stands at 0.83 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 3.89, the price to book ratio is 4.62 and price to earnings (TTM) ratio is 20.66.
Transactions by insiders
Recent insider trading involved Wong Maria Victoria, SVP & Chief Acctg Officer, that happened on Sep 12 ’24 when 638.0 shares were sold. EVP, Operations, Subaiya Thimaya K. completed a deal on Sep 12 ’24 to sell 1328.0 shares. Meanwhile, EVP and Chief Legal Officer Stahlkopf Deborah L sold 2642.0 shares on Sep 12 ’24.
