Cisco Systems, Inc [CSCO] stock prices are up 0.79% to $58.98 at the moment. 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 1.08% over the last week, with a monthly amount glided 2.47%, 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 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.
The stock price of Cisco Systems, Inc [CSCO] has been fluctuating between $44.50 and $60.23 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 $58.98 at the most recent close of the market. An investor can expect a potential return of 2.05% based on the average CSCO price forecast.
Analyzing the CSCO fundamentals
The Cisco Systems, Inc [NASDAQ:CSCO] reported sales of 52.98B for trailing twelve months, representing 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. 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 58.40 points at the first support level, and at 57.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.29, and for the 2nd resistance point, it is at 59.60.
Ratios To Look Out For
It’s worth pointing out that Cisco Systems, Inc [NASDAQ:CSCO]’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 4.50, the price to book ratio is 5.18 and price to earnings (TTM) ratio is 25.39.
Transactions by insiders
Recent insider trading involved Subaiya Thimaya K., EVP, Operations, that happened on Dec 12 ’24 when 3042.0 shares were sold. SVP & Chief Acctg Officer, Wong Maria Victoria completed a deal on Dec 12 ’24 to sell 586.0 shares. Meanwhile, EVP and Chief Legal Officer Stahlkopf Deborah L sold 2660.0 shares on Dec 12 ’24.