Cisco Systems, Inc [CSCO] stock is trading at $60.02, up 0.67%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CSCO shares have gain 1.23% over the last week, with a monthly amount glided 6.87%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Cisco Systems, Inc [NASDAQ: CSCO] stock has seen the most recent analyst activity on November 11, 2024, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $66 for it. Previously, Citigroup upgraded its rating to Buy on October 16, 2024, and elevated its price target to $62. On August 16, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $58 on the stock. New Street upgraded its rating to a Buy. Exane BNP Paribas upgraded its rating to a Neutral but $50 remained the price target by the analyst firm on May 13, 2024. In a note dated April 15, 2024, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $55 to $60.
Cisco Systems, Inc [CSCO] stock has fluctuated between $44.50 and $59.87 over the past year. Currently, Wall Street analysts expect the stock to reach $60.19 within the next 12 months. Cisco Systems, Inc [NASDAQ: CSCO] shares were valued at $60.02 at the most recent close of the market. An investor can expect a potential return of 0.28% based on the average CSCO price forecast.
Analyzing the CSCO fundamentals
Cisco Systems, Inc [NASDAQ:CSCO] reported sales of 52.98B for the trailing twelve months, which represents a drop of -5.64%. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.21 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.71.
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 59.74 points at the first support level, and at 59.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.27, and for the 2nd resistance point, it is at 60.51.
Ratios To Look Out For
For context, Cisco Systems, Inc’s Current Ratio is 0.88. Also, the Quick Ratio is 0.80, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 4.51, the price to book ratio is 5.27 and price to earnings (TTM) ratio is 25.84.
Transactions by insiders
Recent insider trading involved Wong Maria Victoria, SVP & Chief Acctg Officer, that happened on Nov 27 ’24 when 4881.0 shares were sold. Officer, Wong Maria Victoria completed a deal on Nov 27 ’24 to buy 4881.0 shares. Meanwhile, EVP, Operations Subaiya Thimaya K. sold 21230.0 shares on Nov 20 ’24.
