Wednesday, December 2, 2020

Cisco Systems Inc. [CSCO] is 0.35% higher this YTD. Is it still time to buy?

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Cisco Systems Inc. [NASDAQ: CSCO] jumped around 0.3 points on Monday, while shares priced at $48.13 at the close of the session, up 0.63%. Cisco Systems Inc. stock is now 0.35% up from its year-to-date (YTD) trading value. CSCO Stock saw the intraday high of $48.16 and lowest of $47.12 per share. The company’s 52-week high price is 58.26, which means current price is +48.55% above from all time high which was touched on 02/12/20.

Compared to the average trading volume of 29.75M shares, CSCO reached a trading volume of 17791703 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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What do top market gurus say about Cisco Systems Inc. [CSCO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CSCO shares is $48.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CSCO stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

KeyBanc Capital Markets have made an estimate for Cisco Systems Inc. shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on April 17, 2020. The new note on the price target was released on February 27, 2020, representing the official price target for Cisco Systems Inc. stock.

The Average True Range (ATR) for Cisco Systems Inc. is set at 1.19, with the Price to Sales ratio for CSCO stock in the period of the last 12 months amounting to 4.03. The Price to Book ratio for the last quarter was 5.70, with the Price to Cash per share for the same quarter was set at 6.76. Price to Free Cash Flow for CSCO in the course of the last twelve months was 23.10 with Quick ratio for the last quarter at 1.50.

How has CSCO stock performed recently?

Cisco Systems Inc. [CSCO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.95. With this latest performance, CSCO shares gained by 16.34% in over the last four-week period, additionally plugging by 10.59% over the last 6 months – not to mention a drop of -13.95% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CSCO stock in for the last two-week period is set at 66.54, with the RSI for the last a single of trading hit 69.95, and the three-weeks RSI is set at 62.46 for Cisco Systems Inc. [CSCO]. The present Moving Average for the last 50 days of trading for this stock 42.96, while it was recorded at 47.33 for the last single week of trading, and 45.18 for the last 200 days.

Cisco Systems Inc. [CSCO]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Cisco Systems Inc. [CSCO] shares currently have an operating margin of +28.01 and a Gross Margin at +63.91. Cisco Systems Inc.’s Net Margin is presently recorded at +22.39.

Return on Total Capital for CSCO is now 22.89, given the latest momentum, and Return on Invested Capital for the company is 20.83. Return on Equity for this stock inclined to 30.27, with Return on Assets sitting at 11.25. When it comes to the capital structure of this company, Cisco Systems Inc. [CSCO] has a Total Debt to Total Equity ratio set at 73.47. Additionally, CSCO Total Debt to Total Capital is recorded at 42.35, with Total Debt to Total Assets ending up at 25.22. Long-Term Debt to Equity for the company is recorded at 43.12, with the Long-Term Debt to Total Capital now at 24.86.

Reflecting on the efficiency of the workforce at the company, Cisco Systems Inc. [CSCO] managed to generate an average of $153,109 per employee. Receivables Turnover for the company is 4.92 with a Total Asset Turnover recorded at a value of 0.50.Cisco Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.60.

Earnings analysis for Cisco Systems Inc. [CSCO]

With the latest financial reports released by the company, Cisco Systems Inc. posted 0.83/share EPS, while the average EPS was predicted by analysts to be reported at 0.82/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CSCO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cisco Systems Inc. go to 6.18%.

Insider trade positions for Cisco Systems Inc. [CSCO]

There are presently around $147,359 million, or 74.50% of CSCO stock, in the hands of institutional investors. The top three institutional holders of CSCO stocks are: VANGUARD GROUP INC with ownership of 362,349,634, which is approximately 2.661% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 323,155,278 shares of the stock with an approximate value of $15.46 billion in CSCO stocks shares; and STATE STREET CORP, currently with $8.89 billion in CSCO stock with ownership of nearly -0.912% of the company’s market capitalization.

Positions in Cisco Systems Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 1,227 institutional holders increased their position in Cisco Systems Inc. [NASDAQ:CSCO] by around 200,161,781 shares. Additionally, 1,250 investors decreased positions by around 201,497,397 shares, while 174 investors held positions by with 2,679,224,869 shares. The mentioned changes placed institutional holdings at 3,080,884,047 shares, according to the latest SEC report filing. CSCO stock had 122 new institutional investments in for a total of 28,144,537 shares, while 196 institutional investors sold positions of 23,484,160 shares during the same period.

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