Cisco Systems Inc. (NASDAQ: CSCO) is -1.81% lower on its value in year-to-date trading and has touched a low of $38.60 and a high of $59.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CSCO stock was last observed hovering at around $46.46 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $46.78, the stock is -2.15% and -1.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.8 million and changing 0.69% at the moment leaves the stock 1.74% off its SMA200. CSCO registered -20.58% loss for a year compared to 6-month gain of 4.93%.
The stock witnessed a -1.31% loss in the last 1 month and extending the period to 3 months gives it a 11.70%, and is -4.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.04% over the week and 1.68% over the month.
Cisco Systems Inc. (CSCO) has around 83300 employees, a market worth around $190.86B and $52.29B in sales. Current P/E ratio is 16.93 and Fwd P/E is 12.21. Profit margin for the company is 22.00%. Distance from 52-week low is 21.18% and -21.17% from its 52-week high. The company has generated returns on investments over the last 12 months (22.90%).
The EPS is expected to grow by 12.70% this year.
Cisco Systems Inc. (CSCO) Top Institutional Holders
The shares outstanding are 4.11B, and float is at 4.10B with Short Float at 0.77%.
Cisco Systems Inc. (CSCO) Insider Activity
A total of 70 insider transactions have happened at Cisco Systems Inc. (CSCO) in the last six months, with sales accounting for 37 and purchases happening 33 times. The most recent transaction is an insider sale by Sharritts Jeffery S.,the company’sEVP & Chief Cust & Prtnr Offcr. SEC filings show that Sharritts Jeffery S. sold 637 shares of the company’s common stock on Dec 13 at a price of $50.08 per share for a total of $31898.0. Following the sale, the insider now owns 0.28 million shares.
Cisco Systems Inc. disclosed in a document filed with the SEC on Dec 13 that BHATT PRAT (SVP & Chief Acctg Officer) sold a total of 468 shares of the company’s common stock. The trade occurred on Dec 13 and was made at $50.10 per share for $23448.0. Following the transaction, the insider now directly holds 55230.0 shares of the CSCO stock.
Still, SEC filings show that on Dec 01, Herren Richard Scott (EVP and CFO) disposed off 98,342 shares at an average price of $50.03 for $4.92 million. The insider now directly holds 304,048 shares of Cisco Systems Inc. (CSCO).
Cisco Systems Inc. (CSCO): Who are the competitors?
The company’s main competitors (and peers) include Microsoft Corporation (MSFT) that is trading -20.81% down over the past 12 months and Amazon.com Inc. (AMZN) that is -37.78% lower over the same period. Broadcom Inc. (AVGO) is 1.21% up on the 1-year trading charts.