Cisco Systems, Inc [NASDAQ: CSCO] stock went on an upward path that rose over 1.33% on Friday, amounting to a one-week price decrease of less than -0.43%.
Over the last 12 months, CSCO stock rose by 6.34%. The one-year Cisco Systems, Inc stock forecast points to a potential upside of 0.98. The average equity rating for CSCO stock is currently 2.36, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $224.17 billion, with 4.01 billion shares outstanding and 3.98 billion shares in the current float. Compared to the average trading volume of 17.93M shares, CSCO stock reached a trading volume of 19053100 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $56.05 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 2.36. 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 Buy, with their previous recommendation back on October 16, 2024. While these analysts kept the previous recommendation, HSBC Securities raised their target price from $46 to $58. The new note on the price target was released on August 16, 2024, representing the official price target for Cisco Systems, Inc stock.
The Average True Range (ATR) for Cisco Systems, Inc is set at 0.83, with the Price to Sales ratio for CSCO stock in the period of the last 12 months amounting to 4.17. The Price to Book ratio for the last quarter was 4.89, with the Price to Cash per share for the same quarter was set at 4.80. Price to Free Cash Flow for CSCO in the course of the last twelve months was 21.96 with Quick ratio for the last quarter at 0.83.
CSCO Stock Performance Analysis:
Cisco Systems, Inc [CSCO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.43. With this latest performance, CSCO shares gained by 5.86% in over the last four-week period, additionally plugging by 17.78% over the last 6 months – not to mention a rise of 6.34% 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 59.73, with the RSI for the last a single of trading hit 55.28, and the three-weeks RSI is set at 61.87 for Cisco Systems, Inc [CSCO]. The present Moving Average for the last 50 days of trading for this stock 52.63, while it was recorded at 55.36 for the last single week of trading, and 49.28 for the last 200 days.
Insight into Cisco Systems, Inc Fundamentals:
Cisco Systems, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.83 and a Current Ratio set at 0.91.
CSCO Stock EPS
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 3.79%.
Cisco Systems, Inc [CSCO] Institutonal Ownership Details
There are presently around $79.14%, or 79.19%% of CSCO stock, in the hands of institutional investors. The top three institutional holders of CSCO stocks are: VANGUARD GROUP INC with ownership of 386.35 million shares, which is approximately 9.5584%. BLACKROCK INC., holding 354.83 million shares of the stock with an approximate value of $$16.86 billion in CSCO stocks shares; and BLACKROCK INC., currently with $$9.04 billion in CSCO stock with ownership which is approximately 4.7068%.
