Cisco Systems, Inc. (NASDAQ:CSCO) currently has a daily average trading volume of 18.16M but it saw 18029880 shares traded in last market. With a market cap of 224.33B USD, the company’s current market price of $56.28 came falling about -0.57 while comparing to the previous closing price of $56.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $57.06 and as low as $44.50. In the recent trading on the day, stock has struck highest price mark of $55.995 while lowest mark touched by it was $56.59.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which upgraded the stock as “Buy” in its note to investors issued on October 16, 2024, recommending a price target of between $52 and $62 for it. HSBC Securities upgraded its recommendation for the stock as a “Buy” from “Hold” on August 16, 2024 while assigning a price target range of $46-$58.
Over the week, CSCO’s stock price is moving -0.18% down while it is 7.16% when we observe its performance for the past one month. Year-to-date it is 11.40% up and over the past year, the stock is showing an upside performance of 7.82%.
Currently, Cisco Systems, Inc.’s total number of outstanding shares is 4.01B. Company’s return on investment (ROI) stands at 15.64% and return on equity (ROE) at 22.98%. It has a price to earnings ratio (P/E ratio) of 22.18 while having a 14.55 of forward P/E ratio. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 4.96 while price to sale or P/S ratio amounts to 4.17. Its return on asset (ROA) is 9.12% on average.
