Cisco Systems Inc. [CSCO] Stock trading around $49.33 per share: What’s Next?

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Cisco Systems Inc. [NASDAQ: CSCO] traded at a low on 05/06/22, posting a -0.56 loss after which it closed the day’ session at $49.33. The company report on May 6, 2022 that What I Learned About Net Zero From a Recent #CiscoChat.

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The results of the trading session contributed to over 21680352 shares changing hands. Over the past one week, the price volatility of Cisco Systems Inc. stands at 2.78% while the volatility over the past one month is 2.59%.

The market cap for CSCO stock reached $206.09 billion, with 4.18 billion shares outstanding and 4.15 billion shares in the current float. Compared to the average trading volume of 21.06M shares, CSCO reached a trading volume of 21680352 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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 $62.99 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 Sell, with their previous recommendation back on April 12, 2022. While these analysts kept the previous recommendation, Wells Fargo dropped their target price from $70 to $65. The new note on the price target was released on March 10, 2022, representing the official price target for Cisco Systems Inc. stock. Previously, the target price had yet another raise to $71, while Loop Capital analysts kept a Buy rating on CSCO stock.

The Average True Range (ATR) for Cisco Systems Inc. is set at 1.38, with the Price to Sales ratio for CSCO stock in the period of the last 12 months amounting to 4.00. The Price to Book ratio for the last quarter was 5.23, with the Price to Cash per share for the same quarter was set at 5.06. Price to Free Cash Flow for CSCO in the course of the last twelve months was 27.54 with Quick ratio for the last quarter at 1.30.

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 0.71. With this latest performance, CSCO shares dropped by -9.27% in over the last four-week period, additionally sinking by -13.64% over the last 6 months – not to mention a drop of -7.67% 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 39.18, with the RSI for the last a single of trading hit 39.13, and the three-weeks RSI is set at 39.69 for Cisco Systems Inc. [CSCO]. The present Moving Average for the last 50 days of trading for this stock 53.74, while it was recorded at 50.06 for the last single week of trading, and 56.26 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 +27.32 and a Gross Margin at +63.59. Cisco Systems Inc.’s Net Margin is presently recorded at +21.26.

Return on Total Capital for CSCO is now 25.32, given the latest momentum, and Return on Invested Capital for the company is 20.91. Return on Equity for this stock inclined to 26.75, with Return on Assets sitting at 11.01. When it comes to the capital structure of this company, Cisco Systems Inc. [CSCO] has a Total Debt to Total Equity ratio set at 30.75. Additionally, CSCO Total Debt to Total Capital is recorded at 23.52, with Total Debt to Total Assets ending up at 13.02. Long-Term Debt to Equity for the company is recorded at 23.86, with the Long-Term Debt to Total Capital now at 18.25.

Reflecting on the efficiency of the workforce at the company, Cisco Systems Inc. [CSCO] managed to generate an average of $133,220 per employee. Receivables Turnover for the company is 4.82 with a Total Asset Turnover recorded at a value of 0.52.Cisco Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.40.

Earnings analysis for Cisco Systems Inc. [CSCO]

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 7.14%.

Insider trade positions for Cisco Systems Inc. [CSCO]

There are presently around $150,322 million, or 75.60% of CSCO stock, in the hands of institutional investors. The top three institutional holders of CSCO stocks are: BLACKROCK INC. with ownership of 350,404,388, which is approximately 3.486% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 338,695,807 shares of the stock with an approximate value of $16.71 billion in CSCO stocks shares; and STATE STREET CORP, currently with $9.18 billion in CSCO stock with ownership of nearly 3.176% 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 1,577 institutional holders increased their position in Cisco Systems Inc. [NASDAQ:CSCO] by around 111,613,098 shares. Additionally, 1,225 investors decreased positions by around 141,867,892 shares, while 281 investors held positions by with 2,793,783,690 shares. The mentioned changes placed institutional holdings at 3,047,264,680 shares, according to the latest SEC report filing. CSCO stock had 220 new institutional investments in for a total of 16,989,559 shares, while 125 institutional investors sold positions of 11,262,317 shares during the same period.