Cisco Systems Inc. [NASDAQ: CSCO] closed the trading session at $39.97 on 10/15/20. The day’s price range saw the stock hit a low of $39.35, while the highest price level was $40.00. The company report on October 8, 2020 that Cisco, Qwilt and Digital Alpha Define the Future of Content Delivery with New Open Caching Solution for Service Providers.
Companies introduce new model for streaming media delivery leveraging Open Caching architecture deployed at the edge of the service provider networks; it offers unprecedented levels of quality with open, global APIs endorsed by the Streaming Video Alliance.
The stocks have a year to date performance of -16.66 percent and weekly performance of 0.45 percent. The stock has been moved at -5.91 percent over the last six months. The stock has performed -1.11 percent around the most recent 30 days and changed -14.50 percent over the most recent 3-months.
If compared to the average trading volume of 22.74M shares, CSCO reached to a volume of 15440124 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $48.17 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 2.40. 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.
Citigroup have made an estimate for Cisco Systems Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 12, 2020. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on September 23, 2020, representing the official price target for Cisco Systems Inc. stock. Previously, the target price had yet another raise to $42, while Wolfe Research analysts kept a Peer Perform rating on CSCO stock.
The Average True Range (ATR) for Cisco Systems Inc. is set at 0.78, with the Price to Sales ratio for CSCO stock in the period of the last 12 months amounting to 3.43. The Price to Book ratio for the last quarter was 4.46, with the Price to Cash per share for the same quarter was set at 6.96. Price to Free Cash Flow for CSCO in the course of the last twelve months was 19.55 with Quick ratio for the last quarter at 1.70.
CSCO stock trade performance evaluation
Cisco Systems Inc. [CSCO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.45. With this latest performance, CSCO shares dropped by -1.11% in over the last four-week period, additionally sinking by -5.91% over the last 6 months – not to mention a drop of -14.58% 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 52.15, with the RSI for the last a single of trading hit 56.22, and the three-weeks RSI is set at 46.62 for Cisco Systems Inc. [CSCO]. The present Moving Average for the last 50 days of trading for this stock 41.16, while it was recorded at 39.98 for the last single week of trading, and 43.53 for the last 200 days.
Cisco Systems Inc. [CSCO]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Cisco Systems Inc. [CSCO] shares currently have an operating margin of +28.60 and a Gross Margin at +63.98. Cisco Systems Inc.’s Net Margin is presently recorded at +22.75.
Return on Total Capital for CSCO is now 25.23, given the latest momentum, and Return on Invested Capital for the company is 22.84. Return on Equity for this stock inclined to 31.37, with Return on Assets sitting at 11.64. When it comes to the capital structure of this company, Cisco Systems Inc. [CSCO] has a Total Debt to Total Equity ratio set at 41.10. Additionally, CSCO Total Debt to Total Capital is recorded at 29.13, with Total Debt to Total Assets ending up at 16.43. Long-Term Debt to Equity for the company is recorded at 32.28, with the Long-Term Debt to Total Capital now at 22.87.
Reflecting on the efficiency of the workforce at the company, Cisco Systems Inc. [CSCO] managed to generate an average of $144,697 per employee. Receivables Turnover for the company is 4.67 with a Total Asset Turnover recorded at a value of 0.51.Cisco Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.
Earnings per share (EPS) analysis for Cisco Systems Inc. [CSCO] stock
With the latest financial reports released by the company, Cisco Systems Inc. posted 0.84/share EPS, while the average EPS was predicted by analysts to be reported at 0.81/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.70%. 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%.
Cisco Systems Inc. [CSCO]: Insider Ownership positions
There are presently around $123,683 million, or 74.40% of CSCO stock, in the hands of institutional investors. The top three institutional holders of CSCO stocks are: VANGUARD GROUP INC with ownership of 339,202,387, which is approximately -6.388% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 317,702,210 shares of the stock with an approximate value of $12.7 billion in CSCO stocks shares; and STATE STREET CORP, currently with $7.48 billion in CSCO stock with ownership of nearly 0.75% of the company’s market capitalization.
Positions in Cisco Systems Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 1,275 institutional holders increased their position in Cisco Systems Inc. [NASDAQ:CSCO] by around 171,256,272 shares. Additionally, 1,099 investors decreased positions by around 147,602,291 shares, while 219 investors held positions by with 2,775,541,909 shares. The mentioned changes placed institutional holdings at 3,094,400,472 shares, according to the latest SEC report filing. CSCO stock had 168 new institutional investments in for a total of 18,935,292 shares, while 102 institutional investors sold positions of 13,763,753 shares during the same period.