Cisco Systems, Inc [NASDAQ: CSCO] closed the trading session at $58.62.
The stocks have a year to date performance of 16.03 percent and weekly performance of -2.12 percent. The stock has been moved at 28.33 percent over the last six months. The stock has performed -0.95 percent around the most recent 30 days and changed 14.87 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 17.89M shares, CSCO reached to a volume of 13877890 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 $62.58 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.
JP Morgan have made an estimate for Cisco Systems, Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on November 11, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $52 to $62. The new note on the price target was released on October 16, 2024, representing the official price target for Cisco Systems, Inc stock. Previously, the target price had yet another raise from $46 to $58, while HSBC Securities kept a Buy rating on CSCO stock.
The Average True Range (ATR) for Cisco Systems, Inc is set at 0.79, with the Price to Sales ratio for CSCO stock in the period of the last 12 months amounting to 4.39. The Price to Book ratio for the last quarter was 5.15, with the Price to Cash per share for the same quarter was set at 5.09. Price to Free Cash Flow for CSCO in the course of the last twelve months was 20.37 with Quick ratio for the last quarter at 0.80.
CSCO stock trade performance evaluation
Cisco Systems, Inc [CSCO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.12. With this latest performance, CSCO shares dropped by -0.95% in over the last four-week period, additionally plugging by 28.33% over the last 6 months – not to mention a rise of 17.97% 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 53.74, with the RSI for the last a single of trading hit 47.16, and the three-weeks RSI is set at 57.55 for Cisco Systems, Inc [CSCO]. The present Moving Average for the last 50 days of trading for this stock 57.00, while it was recorded at 58.75 for the last single week of trading, and 50.51 for the last 200 days.
Cisco Systems, Inc [CSCO]: An insightful look at the core fundamentals
Cisco Systems, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.88.
Earnings per share (EPS) analysis for Cisco Systems, Inc [CSCO] stock
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 4.04%.
Cisco Systems, Inc [CSCO]: Institutional Ownership
There are presently around $79.14%, or 79.18%% 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%.
