Cisco Systems, Inc. (NASDAQ: CSCO) is -5.15% lower on its value in year-to-date trading and has touched a low of $45.56 and a high of $58.19 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 $48.24 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $47.92, the stock is -2.71% and -2.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.95 million and changing -0.66% at the moment leaves the stock -6.98% off its SMA200. CSCO registered -5.18% loss for a year compared to 6-month loss of -10.88%.
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The stock witnessed a -2.06% gain in the last 1 month and extending the period to 3 months gives it a -5.28%, and is -4.18% 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 1.90% over the week and 1.52% over the month.
Cisco Systems, Inc. (CSCO) has around 84900 employees, a market worth around $194.04B and $57.23B in sales. Current P/E ratio is 14.59 and Fwd P/E is 12.73. Profit margin for the company is 23.49%. Distance from 52-week low is 5.19% and -17.64% from its 52-week high. The company has generated returns on investments over the last 12 months (25.07%).
The EPS is expected to shrink by -5.39% this year.
Cisco Systems, Inc. (CSCO) Top Institutional Holders
The shares outstanding are 4.07B, and float is at 4.04B with Short Float at 1.16%.
Cisco Systems, Inc. (CSCO) Insider Activity
The most recent transaction is an insider sale by Stahlkopf Deborah L,the company’sEVP and Chief Legal Officer. SEC filings show that Stahlkopf Deborah L sold 237 shares of the company’s common stock on Mar 14 ’24 at a price of $50.27 per share for a total of $11914.0. Following the sale, the insider now owns 0.19 million shares.
Cisco Systems, Inc. disclosed in a document filed with the SEC on Mar 14 ’24 that Sharritts Jeffery S. (EVP & Chief Cust & Prtnr Offcr) sold a total of 132 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $50.27 per share for $6636.0. Following the transaction, the insider now directly holds 0.25 million shares of the CSCO stock.
Still, SEC filings show that on Mar 13 ’24, Stahlkopf Deborah L (EVP and Chief Legal Officer) disposed off 3,002 shares at an average price of $50.01 for $0.15 million. The insider now directly holds 191,559 shares of Cisco Systems, Inc. (CSCO).
