Cisco Systems Inc (NASDAQ:CSCO) shares traded 1.87% up during most recent session to reach at the closing price of $44.02. The stock exchanged hands 17.74 Million shares versus average trading capacity of 26.51 Million shares, yielding a market cap of $200.95 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $52.76 within the next 52-weeks. The mean target projections are based on 25 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Cisco Systems Inc (NASDAQ:CSCO) high price target of $60 and with a conservative view have low price target of $44.
Nomura “Downgrades” Cisco Systems Inc (NASDAQ:CSCO) in a research note issued to investors on 12/14/18 to Neutral with price target of $50.
Additionally on 11/29/18 Baird “Assumes” Cisco Systems Inc (NASDAQ:CSCO) to Outperform setting price target at $53 and on 11/15/18 Raymond James “Maintained” the stock to Outperform at $52. Furthermore on 11/15/18 Credit Suisse “Maintained” the stock to Neutral at $44.
On the other hand the company has Relative Strength Index (RSI 14) of 51.71 along with Average True Range (ATR 14) of 1.24, Consequently Cisco Systems Inc (NASDAQ:CSCO)’s weekly and monthly volatility is 1.56%, 2.88% respectively. The company’s beta value is at 1.13.
In terms of Buy, Sell or Hold recommendations, Cisco Systems Inc (NASDAQ:CSCO) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Cisco Systems Inc (NASDAQ:CSCO)’s minimum EPS for the current quarter is at $0.71 and can go high up to $0.74. The consensus mean EPS for the current quarter is at $0.72 derived from a total of 26 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.63 earnings per share for the same quarter during last year.
Previously Cisco Systems Inc (NASDAQ:CSCO) reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.03. The company posted an earnings surprise of 4.2%.
Cisco Systems Inc (NASDAQ:CSCO)’s revenue estimates for the current quarter are $12.41 Billion according to 25 number of analysts, for the current quarter the company has high revenue estimates of $12.52 Billion in contradiction of low revenue estimates of $12.29 Billion. For the current year the company’s revenue estimates are $51.58 Billion compared to low analyst estimates of $51.02 Billion and high estimates of $52.51 Billion according to 28 number of analysts.
Currently Cisco Systems Inc (NASDAQ:CSCO)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 77.2%. However the six-month change in the insider ownership was recorded -11.9%, as well as three-month change in the institutional ownership was recorded 0.01%.
Cisco Systems Inc (NASDAQ:CSCO)’s trailing twelve month revenues are $50.27 Billion, whereas its price to sales ratio for the same period is 4. Its book value per share for the most recent quarter is $9.61 while its price to book ratio for the same period is 4.58, as for as the company’s cash per share for the most recent quarter is $9.33, however its price to cash per share ratio for the same period is 4.72. The stock has 5 year expected PEG ratio of 1.98 whereas its trailing twelve month P/E ratio is 18.07.