A share price of Cisco Systems, Inc [CSCO] is currently trading at $62.23, up 0.97%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CSCO shares have gain 3.75% over the last week, with a monthly amount glided 7.98%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cisco Systems, Inc [NASDAQ: CSCO] stock has seen the most recent analyst activity on January 17, 2025, when Citigroup reiterated its Buy rating and also boosted its price target to $68 from $64. Previously, Melius upgraded its rating to Buy on January 06, 2025, and elevated its price target to $73. On November 11, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $66 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $62 on October 16, 2024. HSBC Securities upgraded its rating to a Buy and raised its price target to $58 on August 16, 2024. New Street upgraded its rating to Buy for this stock on August 15, 2024. In a note dated May 13, 2024, Exane BNP Paribas upgraded an Neutral rating on this stock but restated the target price of $50.
Cisco Systems, Inc experienced fluctuations in its stock price throughout the past year between $44.50 and $61.76. 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 $62.23 at the most recent close of the market. An investor can expect a potential drop of -3.28% based on the average CSCO price forecast.
Analyzing the CSCO fundamentals
Trailing Twelve Months sales for Cisco Systems, Inc [NASDAQ:CSCO] were 52.98B which represents -5.64% decline. 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 61.64 points at the first support level, and at 61.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.57, and for the 2nd resistance point, it is at 62.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cisco Systems, Inc [NASDAQ:CSCO] is 0.88. Further, the Quick Ratio stands at 0.80, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 4.68, the price to book ratio is 5.46 and price to earnings (TTM) ratio is 26.79.
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.
